Shares of Infosys Ltd ADR (NYSE:INFY) ended Monday session in red amid volatile trading. The shares closed down -0.09 points or -0.56% at $15.87 with 1.77 million shares getting traded. Post opening the session at $15.87, the shares hit an intraday low of $15.76 and an intraday high of $15.92 and the price vacillated in this range throughout the day. The company has a market cap of $34.93 billion and the numbers of outstanding shares have been calculated to be 2.29 billion shares.
On Sept. 19, 2016 Oracle awarded Infosys (INFY), a global leader in consulting, technology and next-generation services, seven of its 2016 Oracle Excellence Awards.
The awards recognize Infosys for its commitment to deliver innovative, specialized solutions and services based on Oracle software and hardware.
The Oracle Excellence Awards encourage innovation by Oracle PartnerNetwork (OPN) members, who use Oracle’s products and technology to create value for customers and generate new business potential.
Infosys has been awarded across the following categories:
- 2016 Oracle Global Specialized Partner of the Year Award – Cloud Infrastructure
- 2016 Oracle Global Specialized Partner of the Year Award – Middleware
- 2016 Oracle Global Specialized Partner of the Year Award – Business Analytics
- 2016 Oracle North America Specialized Partner of the Year Award – IaaS Cloud Transformation
- 2016 Oracle North America Specialized Partner of the Year Award – HCM Cloud Core-Talent
- 2016 Oracle North America Specialized Partner of the Year Award – Middleware Cloud
- 2016 Oracle APAC Specialized Partner of the Year Award – Business Analytics
During the last year, Infosys has supported multiple clients migrate to cloud-based Oracle environments, as a Strategic Partner with Oracle’s Customer 2 Cloud Program. Additionally, Infosys has created five differentiated Oracle Cloud Marketplace solutions and launched eight Oracle approved Fixed Scope Offerings (FSOs). These enable rapid implementation, quicker time to market and cost effective Oracle cloud implementation.
Ravi Kumar , President & Chief Delivery Officer, Infosys
“Global enterprises are looking for ways to leverage cloud technology to transform their business; technology that can make a sea change in productivity while achieving critical, cost-effective, growth initiatives. Our Zero Distance philosophy, which leverages Design Thinking for structured problem finding and solving, is helping clients use Oracle’s cutting-edge technologies to deliver transformational impact. We have delivered as much as 50 percent reduction in effort and cost for our client using our RapidStart methodology for cloud deployments.”
Camillo Speroni , Vice President, Worldwide Strategic Alliances, Oracle
“Infosys has demonstrated an outstanding level of innovation in delivering proven, Oracle-based solutions that solve our joint customers’ most critical business challenges. We congratulate Infosys in achieving this wide range of awards. This achievement is a testament to their dedication to excellence and to providing customers solutions and services that drive real business value and results.”
Shares of Mentor Graphics Corp (NASDAQ:MENT) ended Monday session in red amid volatile trading. The shares closed down -0.11 points or -0.45% at $24.45 with 1.76 million shares getting traded. Post opening the session at $24.38, the shares hit an intraday low of $24.23 and an intraday high of $24.47 and the price vacillated in this range throughout the day. The company has a market cap of $2.64 billion and the numbers of outstanding shares have been calculated to be 108.16 million shares.
Mentor Graphics Corp (MENT) on Sept. 26, 2016 announced that Siemens Building Technologies has deployed Mentor’s SystemVision® product with Siemens printed circuit board to (PCB) design teams around the world, providing an upfront, mechatronic simulation environment and a qualified, central library for the Mentor Graphics® Xpedition® Enterprise PCB design flow. Early simulation using the SystemVision tool allows designers to make design decisions regarding component tradeoffs, find design mistakes, and verify their designs before PCB layout. The central library allows teams to exchange projects around the world, which eliminates errors due to using different libraries and tools for simulation and PCB layout.
The SystemVision multi-discipline collaboration environment lets designers at Siemens Building Technologies explore concepts, validate performance specifications, and investigate architectures of systems developed for modern, energy-efficient building systems. These systems are comprised of electrical (analog, digital, and mixed-signal), mechanical, embedded software, and controls. Teams from Switzerland, France, China, and the United States save valuable design time by validating electrical circuits within the context of the mechanical systems with which they interface, before committing to the PCB layout. Using a central library that contains all the information required for design capture, simulation, and PCB design, provides a seamless design flow.
“Thanks to SystemVision, our design teams identify many design issues before the PCB layout takes place,” said Philipp Schuermann, E-CAD tool manager at Siemens Building Technologies. “Combined with the central library, our PCB design flow has been greatly enhanced around the world, allowing us to get our innovative building products to market more quickly.”