Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear

Infosys announced on August 18 that it had won a long-term engagement to manage enterprise software operations for Knorr-Bremse AG, a manufacturer of braking systems for rail and commercial vehicles. The contract encompasses ERP systems, data platforms, engineering tools, and product lifecycle management, with work built on Infosys Topaz, the company’s artificial intelligence platform.
Results released on July 23 for the quarter ended June 30 revealed that AI contributed 8.2% of total rev