Coca-Cola cloud brings a golden harvest for Infosys

Infosys is set to significantly benefit from Coca-Cola and Microsoft's cloud alliance, highlighting India's pivotal role in enabling digital transformation worldwide

- SHIBUL PAVITHRAN

In an era where digital transformation is like a viral sensation, beverage giant Coca-Cola has taken a remarkable sprint into the future. The company signed a strategic partnership in April to use Microsoft’s cloud and Artificial Intelligence (AI) services. Microsoft will also help it align its core technology strategy systemwide, enable the adoption of leading-edge technology, and foster innovation and productivity globally.

So why are we talking about it in September?

Recent media reports quoting a regulatory disclosure by Coca-Cola Euro Pacific Partners, a subsidiary of beverage giant The Coca-Cola Company, indicates that the company has committed EUR 167 million to Microsoft for Azure cloud migration services over six years, with an additional EUR 25 million for Infosys as a supporting partner.

Besides, the regulatory filings with the US Securities and Exchange Commission point out that Infosys is set to earn over USD 27 million from its involvement in the EuroPacific geography alone. This also means that Infosys will accumulate an astonishing revenue of USD 100 million if the company extends its services to other regions covered in the global deal.

The deal underlines the growing role of Indian IT service providers, such as Infosys, becoming significant players and contributors in the global market chain by helping them with strategy consultation, cloud migration and integration, and detailed digital transformation roadmaps.

INFOSYS AND MICROSOFT: LONG-TERM PARTNERS

Infosys and Microsoft have been collaborating for over 15 years, and the two expanded their partnership in February 2023 to accelerate cloud transformation journeys worldwide.