1、Integrated Annual Report 2022-23The context surrounding an enterprise,created,and influenced by multiple inherently uncertain forces,can significantly impact the fortunes of a business.While this volatility has come to be expected as normal,not every business emerges from it having tackled the situa
2、tion with the same resilience.Those that get a head start in preparing and taking on the challenges are also the ones that come out of the uncertainty with the ability to outperform in the recovery.That does not necessarily mean rethinking ones business strategy,but rather rearticulating it to adapt
3、.Its really about being judicious where to lean in and where to pull back.In essence,its about protecting ones capability to innovate and propel forward while being deeply disciplined when it comes to operations.Digitally transformed companies have a distinct advantage here.They can drive frictionle
4、ss business throughout the supply chain,serve customers at lower costs,and avoid resource-intensive IT upgrades,unlike the digitally disadvantaged who may have to wait for economic conditions to improve before they can make progress.Advanced technologies especially AI in tandem with cloud are creati
5、ng performance opportunities that are reshaping these dynamics in significant ways.They are helping companies to amplify human potential to take on higher value work,boost people productivity and rapidly create business value.From unlocking efficiencies at scale and empowering the ecosystem to accel
6、erating growth,cognitively capable companies are unshackling intelligence from data for experimentation as well as the scale-out of AI to power greater efficacy and create disruptive revenue streams.Infosys is taking the AI-first approach to its own transformation.We are bringing the power of AI,ana