Infosys AI scales to 4,600 projects as Cognition partnership brings Devin to enterprises

Infosys Runs 4,600 AI Projects, 500 Agents Across Its Enterprise Clients | AIM

CEO Salil Parekh said that the company has generated more than 28 million lines of code using AI tools. Infosys CEO Salil Parekh laid out the most detailed picture of how Infosys is scaling AI inside the company and across its client base, even as the company continues to avoid bifurcating AI revenue. He was speaking during the company's Q3 earnings call. At the centre of this push is Infosys Topaz and a new agent services layer called Topaz Fabric, which now also includes Cognition's AI software engineer Devin. Further, Parekh said the platform is designed to help enterprises deploy, manage, and govern AI agents across their clients, turning what were once experiments into production systems. Parekh said that the Cognition partnership is not filling any gaps but is helping Infosys deliver AI agents into one of its clients' environments. "The advantage is we have a detailed understanding of the technology landscape, and we have a good understanding of the industry constraints or opportunities. And that, combined with the software agent with Cognition, becomes a very powerful combination in the merry clan," he said. The scale of AI agent deployment is now significant. Parekh said Infosys is working with 90% of its top 200 clients on AI programmes, a level of penetration that shows AI has moved far beyond pilots. Across these engagements, Infosys teams are running 4,600 active AI projects. It claims to have generated more than 28 million lines of code using AI tools and built over 500 AI agents. The company is also expanding its forward-deployed engineering teams to embed these capabilities more deeply in customer environments. Its large deal wins jumped to $4.8 billion in Q3, up from $3.1 billion in Q2. Parekh said it was led by contracts with AI-led modernisation, automation, and agent deployment as part of the core scope of work. Parekh outlined how Infosys sees the AI market evolving in the months to come. He identified six emerging AI-led value pools that he believes will drive the next wave of enterprise spending. These include AI engineering services, AI data platforms, business operations agents, AI-driven software development and legacy modernisation, AI deployed on physical devices, and AI trust and risk services. "These six AI-led value pools could unlock a large incremental opportunity," Parekh said, adding that Infosys believes it is uniquely positioned to capture share across all of them. At the same time, he acknowledged that AI is compressing parts of the traditional services business. Productivity gains from automation and agents are shrinking some legacy revenue streams even as new ones open up. In context, its Q3 revenue rose 8.9% year-on-year to ₹45,479 crore, but net profit fell 2.2% to ₹6,654 crore as margins came under pressure. The shift is also showing up in hiring. Infosys added 5,043 employees in Q3, raising its headcount even as peers like TCS are cutting staff while aggressively reskilling for AI. Infosys continues to hire, but it is also retooling its workforce around AI, data, and agent-driven delivery rather than relying solely on manual effort. Infosys raised its FY26 revenue growth guidance to 3.0-3.5% in constant currency, compared with the 2-3% range it had given in Q2. "We believe we are uniquely positioned to capture market share across these value pools and emerge as the leading AI value creator for global enterprises," Parekh said.

Infosys to Deploy Cognition's AI Software Engineer Devin for Enterprises | AIM

Infosys has been using Devin internally for the past six months and has seen improvements in engineering quality and efficiency. Infosys has announced a collaboration with US-based Cognition to deploy Devin, described as the world's first AI software engineer, across Infosys' internal engineering operations and client engagements globally. The partnership will combine Cognition's agentic AI capabilities with Infosys Topaz Fabric, the company's multi-layer agentic AI services suite that integrates infrastructure, models, data, applications, and workflows into a unified ecosystem. In a statement, Infosys said the collaboration is aimed at accelerating software development, improving engineering productivity, and reducing time-to-market for global enterprises. Infosys said it has been using Devin internally for the past six months and has seen improvements in engineering quality and efficiency. As part of the collaboration, Devin will be integrated into Infosys' internal engineering teams, embedded into client delivery models, and enabled for deployment within customer engineering environments. The two companies will also work on shared engineering frameworks and enablement programmes to scale adoption across industries. According to the companies, Infosys Topaz Fabric and Devin will be used to automate brownfield engineering, address technical debt, and support large-scale modernisation efforts, including the creation of virtual engineers to handle complex production and maintenance challenges. Infosys added that industry-specific solutions, AI-native modernisation blueprints, and scalable engineering frameworks will be jointly developed to support secure, enterprise-grade adoption. Infosys' Financial Services practice is leading the first set of joint client engagements, deploying Devin across banking, payments, capital markets, insurance, and wealth management. Scott Wu, founder and CEO of Cognition, in the statement said, "We are thrilled to collaborate with Infosys to bring the power of autonomous and agentic AI engineering to some of the world's most complex enterprises." Wu added that Infosys' Exponential Engineering offering perfectly complements Cognition's mission to redefine how software is built. "Infosys Topaz Fabric and Devin together offer unmatched capability from real-time developer augmentation to fully autonomous engineering execution. Infosys is the first large digital services and consulting firm to deploy agentic tools at this scale," he explained. "By combining Infosys' deep industry expertise with our platform, we are enabling clients to dramatically accelerate time-to-market, enhance ROI and unlock a new era of engineering transformation." Calling it a significant step forward in accelerating AI value realisation for global enterprises, Salil Parekh, CEO and MD Infosys, said, "By integrating Cognition's advanced agentic and autonomous engineering expertise with our industry leading domain and delivery capabilities, we are creating a differentiated value proposition for the market." "This synergy is further enhanced by Infosys Topaz Fabric, which will serve as a catalyst for modernisation and innovation for clients to achieve their strategic objectives," he added.

Infosys shares in focus following strategic AI partnership with Cognition

The integration of Infosys Topaz Fabric and Cognition's autonomous engineering tech is expected to fast-track software development and modernisation. Infosys shares were in focus on Thursday, January 8, 2026, after the company announced a strategic collaboration with Cognition, the AI coding agent company behind Devin, the first AI software engineer. The collaboration aims to integrate Devin into Infosys' global engineering operations and client delivery frameworks. Infosys aims to deploy Devin across its internal engineering teams and client engagements. The integration will be deployed through Infosys' Topaz Fabric, a purpose-built AI suite that combines infrastructure, models, data, applications, and workflows into a modular, agent-ready ecosystem. The integration of Infosys Topaz Fabric and Cognition's autonomous engineering tech is expected to fast-track software development and modernisation. "Our collaboration with Cognition marks a significant step forward in accelerating AI value realisation for global enterprises. By integrating Cognition's advanced agentic and autonomous engineering expertise with our industry-leading domain and delivery capabilities, we are creating a differentiated value proposition for the market. This synergy is further enhanced by Infosys Topaz Fabric, which will serve as a catalyst for modernisation and innovation for clients to achieve their strategic objectives," said Salil Parekh, Chief Executive Officer & Managing Director at Infosys. Also read: Jefferies lifts RIL target after Rs 1 lakh crore fall, pins next leg of rally on Jio IPO, tariff hikes Over the past six months, Infosys has been using Devin internally, resulting in improved engineering quality and efficiency. It now plans to embed Devin across its delivery models and engineering environments, scaling the solution within its global operations. Supporting this adoption, Infosys and Cognition will jointly develop industry-specific solutions, AI-native modernisation blueprints, and scalable engineering frameworks. These initiatives will be backed by co-innovation labs and enablement programs, with a strong focus on secure, enterprise-grade deployments. As part of the first phase of client rollouts, Infosys' Financial Services division is leveraging Devin to modernise engineering delivery across banking, payments, capital markets, insurance, and wealth management. Infosys Topaz Fabric and Devin are also expected to automate field engineering tasks, reduce tech debt, and create virtual engineers to address production and maintenance challenges. The IT major also announced that it will declare its results for the quarter ended December 31, 2025, on Wednesday, January 14, 2026. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

Infosys CEO: AI Driving Business Growth

'We bring together a deep understanding of clients' technology landscape, strong data engineering, and process reimagination capabilities to help them capture value at scale from AI. We aspire to make AI work for clients, delivering business outcomes for cost, revenue growth, and innovation,' says Infosys CEO and Managing Director Salil Parekh. AI is quickly becoming a key focus in the growth of Infosys, the company's CEO told press and analysts Salil Parekh, CEO and managing director of Bengaluru, India-based digital services and consulting giant Infosys, also said that his company has deepened relationships with its largest global customers. Parekh, during his prepared remarks during Infosys' third fiscal quarter 2026 financial conference call, said Infosys has expanded its strategic partnerships with AI companies, including most recently with Cognition, the San Francisco-based developer of the Devin software agent. [Related: Infosys Buying Texas, Australia Companies In IT Services Push] "We will combine Cognition's Devin software agent with Infosys' knowledge of the client landscape and industry expertise," he said. "We are already working with them across clients." The third quarter also saw Infosys, ranked No. 8 on CRN's Solution Provider 500, increase the company's Topaz AI capability with an agent services suite called Topaz Fabric, which Parekh said helps clients manage and implement AI agents across the enterprise. "We had strong momentum in AI adoption across our client base," he said. "Today, we work with 90 percent of our 200 largest clients to unlock value with AI. We're currently working on 4,600 AI projects. Our teams have generated over 28 million lines of code using AI. We built over 500 agents. We are scaling our forward-deployed engineer team." Parekh said Infosys' clients are seeing the solution provider as a trusted partner to drive value realization from AI investments. "Some of the areas they focus on are fragmented data, legacy application landscape, and business workflows that are not conducive for AI," he said. "We bring together a deep understanding of clients' technology landscape, strong data engineering, and process reimagination capabilities to help them capture value at scale from AI. We aspire to make AI work for clients, delivering business outcomes for cost, revenue growth, and innovation." Infosys sees what Parekh said are six AI-led value pools that could unlock a significant incremental opportunity for the company: "We believe we are uniquely positioned to capture market share across these value pools and emerge as the leading AI value creator for global enterprises," he said. Large deals with customers are helping lead Infosys' growth, Parekh said. He said that, during the quarter, the company signed 26 large deals that were valued at a total of $4.8 billion, with 57 of that revenue being net new. He cited as an example a $1.6-billion deal with the U.K.'s National Health Service in the U.K. that expands Infosys' work in the healthcare sector by helping NHS leverage AI to streamline operations and improve patient care for U.K. citizens. During the conference call, when asked how he views the productization of Infosys' AI initiatives relative to AI and agentification, Parekh said that agents are very much a big play thanks in large part to the company's Infosys Topaz, the company's AI-first technology for leverage generative AI. "We are absolutely on the forefront of that," he said. "What we have built within Topaz is Fabric, Topaz Fabric we called it, a set of purpose-built agents which work with many different native AI companies' interfaces and can support a lot of different functions within clients, horizontal and vertical. That suite is going to be our agent suite. Then there are agents of the other companies which we will integrate, implement, expand, make it work because we know the tech landscape of a client and we know the industry depth." In terms of productization, Infosys has built four small language models in its product suite. "We are going to do small language model work," he said. "We will do other things. For example, there are a set of AI wrappers or orchestration modules that we can build which will enable clients to switch between foundation models, switch between agents, do a selection of agents. So that's a different type of product platform, which is all in Topaz. So that is the way we are thinking about it today." Infosys By The Numbers For its third fiscal quarter 2025, which ended December 31, Infosys reported revenue of $5.10 billion, up 1.7 percent over its third fiscal quarter 2024 revenue of $4.94 billion. That beat revenue expectations by $70 million, according to Seeking Alpha. The company also reported net profit of $747 million or 18 cents per share, down from last year's $804 million or 19 cents per share. On a non-GAAP basis, Infosys reported net profit of $855 million or 21 cents per share, up from last year's $804 million or 19 cents per share. Non-GAAP earnings beat analyst expectations by 1 cent per share, according to Seeking Alpha. Looking ahead, Parekh said Infosys has increased its fiscal year 2026 guidance to reflect expected revenue growth of 3.0 percent to 3.5 percent compared to its previous forecast of 2.0 percent to 3.0 percent growth. The company also expects operating margin guidance for the financial year to remain unchanged at 20 percent to 22 percent.