Title

AWS re:Invent 2022 - Infosys Cobalt: Driving business outcomes with industry clouds (PRT251)

Summary

Anand Taddea, EVP at Infosys, introduces the session focusing on the evolution of cloud solutions from technology to industry-specific applications.
Infosys consolidated cloud offerings under the Cobalt brand in 2020, aiming for a consistent market narrative and clear customer and partner communication.
The pandemic prompted a shift towards industry cloud narratives, with reference architectures for various industries and sub-industries.
Cobalt 2.0 emphasizes delivering business outcomes, not just cost savings but also growth and innovation.
Infosys focuses on three pillars: technology offerings, industry solutions (cloud-neutral and cloud-specific), and co-creation with startups for unique business problems.
Outcome-based contracts are becoming more prevalent, with examples in insurance and healthcare.
Case studies are available on Infosys.com, showcasing specific business problems, solutions, and outcomes.
Sudhakar from Truist shares their cloud journey, including a merger and leveraging AWS for a seamless customer experience during system integration.
Matt from 777 Partners discusses how they use cloud solutions to digitize analog businesses and optimize legacy platforms, with a focus on reusable components and rapid business outcomes.
Nagesh from Infosys Financial Services highlights the importance of industry-specific clouds, with examples from financial services and airline industries.

The industry cloud approach is a strategic shift from general cloud technology to tailored solutions that address specific industry needs.
Infosys Cobalt has evolved to focus on business outcomes, reflecting a broader industry trend towards value-driven IT services.
The pandemic accelerated the adoption of industry-specific cloud solutions, highlighting the need for agility and resilience in IT infrastructure.
Outcome-based contracts indicate a shift in the IT services industry towards accountability and alignment with customer success metrics.
The case studies mentioned by Anand Taddea could serve as valuable resources for organizations looking to understand the practical applications and benefits of industry cloud solutions.
Sudhakar's experience with Truist demonstrates the critical role of cloud services in ensuring business continuity and customer satisfaction during complex organizational changes, such as mergers.
Matt's insights from 777 Partners illustrate the potential for cloud services to transform traditional industries and create new digital business models.
Nagesh's commentary on the financial services industry cloud, developed in partnership with Goldman Sachs, suggests a growing trend of industry-specific cloud platforms that cater to unique regulatory and operational requirements.