Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Infosys and Shell Collaborate on Immersion Cooling Services to Enable Sustainability-First Data Centers

Posted On: 2023-11-30 16:07:59 (Time Zone: IST)


Infosys (NSE, BSE, NYSE: INFY), a global leader in nextgeneration digital services and consulting, today announced its collaboration with Shell New Energies UK Ltd ("Shell"), an international energy company, to accelerate adoption of immersion cooling services for data centers.

Through this strategic engagement, Infosys and Shell will bring together their capabilities in Digital and Energy, respectively, and an eco-system of partners, to create an integrated offering for green data centers. This will be achieved by leveraging Shell Immersion Cooling Fluid, a synthetic, single-phase immersion cooling fluid designed to maximise the energy efficiency and performance of data servers and IT components, and Infosys Topaz, an AI-first set of services, solutions and platforms using generative AI technologies.

According to recent industry estimates, data centers are responsible for up to 1.5 percent of global electricity consumption and 1 percent of global CO2 emissions. AI is expected to accelerate data center demand and AI workloads will significantly increase both energy consumption and CO2 emissions.

Immersion cooling technology claims to potentially show up to 30% lower CO2 emissions and 48% reduction in energy footprint production. Shell and Infosys will test this, leveraging both Shell's immersion cooling and Infosys' digital solutions. Following the pilot at Shell's and Infosys' data centers, the companies intend to extend the offer to other customers globally.

Infosys, which turned carbon neutral 30 years ahead of 2050, the timeline set by the Paris Agreement, realized the business imperative of reducing carbon intensity, and has tailored many solutions that enable clients in their decarbonization journey. Shell aims to become a net-zero emissions energy business by 2050. Together, the companies see the ability to leverage digital technologies to monitor and adjust immersion cooling technology to further cut energy consumption and lower carbon dioxide emissions.

Ashiss Kumar Dash, EVP & Global Head - Sustainability, Services, Utilities, Resources and Energy, Infosys, said, "In our joint efforts with Shell, we aim to create a more sustainable future. This collaboration will leverage AI based digital solutions that will create environmentally responsible data centers that can manage high computing loads with optimized hardware. It is also critical that future digital and physical solutions are created with a view to make AI more sustainable and scalable. This collaboration exemplifies our unwavering commitment to helping organizations achieve their sustainability goals while optimizing operational efficiency."

Aysun Akik, VP New Business Development and Global Key Accounts Downstream & Renewables, Shell Lubricants, said, "We believe our immersion cooling technology can play a critical role in reducing data center energy use and helping customers to deliver on their sustainability commitments. Based on Shell's proprietary gas-to-liquids (GTL) technology, Shell Immersion Cooling Fluids can help cut costs, boost performance and reduce the environmental footprint of data center operations as part of an integrated solution. Working with Infosys to supplement our technology with digital solutions would bring complete data center optimization toolkits to customers, and we are excited about the prospect of helping them decarbonize."

Shares of Infosys Limited was last trading in BSE at Rs. 1459.10 as compared to the previous close of Rs. 1443.05. The total number of shares traded during the day was 239199 in over 11866 trades.

The stock hit an intraday high of Rs. 1459.95 and intraday low of 1448.25. The net turnover during the day was Rs. 348385226.00.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Rosa Power Supply Company Ltd to avail Rs. 3760 crore loan facility from PFC

Aerpace Industries ltd's aerVolt secures order valued Rs. 97.50 crores

JSW Neo Energy Ltd to acquire O2 Power - a 4.7 GW Renewable Energy Platform

Tamilnad Mercantile Bank Ltd to open 4 new branches on Dec 30, 2024

IOL Chemicals and Pharmaceuticals Ltd board approves 5 For 1 Stock Split

The Karur Vysya Bank Ltd to open two new branches on Dec 30, 2024

Dr. Agarwal's Eye Hospital Ltd opens new branch at Sholinghur, Tamil Nadu

Max Estates achieves pre-sales booking value of INR 845 Crores within a week of the launch of Phase II of Estate 128 project in Noida

Alankit Ltd enters into agreement with State Health Agency under AB PMJAY and MA Yojana, Gujarat

Manaksia Coated Metals & Industries Ltd approves Preferential Issue of Equity Warrants to Drive Growth and Sustainability

Shriram Finance Ltd sanctions term loan of Rs. 10 crores to Akme Fintrade India Ltd

Bright Outdoor Media Secures Prestigious Western Railways Bulk Advertising Contract Worth ? 60 Cr

PNGS Gargi Fashion Jewellery Limited opens new store at Pimple Saudagar, Pune

Adani places India's Largest Order for 8 Tugs under the Make in India Initiative for 450 Cr with Cochin Shipyard

Gashmeer, Surbhi and Zayn return in Gunaah Season 2 on Disney+ Hotstar from 3rd January, 2025 onwards

Fortis Healthcare appoints Mr. Leo Puri as Chairman - Independent & Non-Executive of the Board

Shilpa Medicare Ltd's Unit IV receives Eurasia GMP Approval

Zaggle Prepaid Ocean Services Ltd enters into agreement with Mahindra First Choice Wheels Ltd

NTPC Renewable Energy ltd commissions 37.5 MW of Gujarat Solar PV Projct in Sadla

EFC (I) Limited recommends 1:1 bonus issue

Alankit Ltd successfully renews empanelled Service Agreement with Central Bank of India

UltraTech Cement Limited acquires stake in Star Cement Ltd

WABAG wins EIB & KFW funded DBO order in Zambia

Lemon Tree Hotels signs a new property in Bapane, Maharashtra

Gensol Engineering Ltd has secured an EPC contract from NTPC Renewable Energy Ltd

Raj Oil Mills Limited launches Soyabean Refine Oil under brand name 'SOYARAJ'

Axis Solution Ltd receives order of Rs. 3.52 crore

Shardul Securities Ltd fixes Jan 13, 2025 as record date for 5 For 1 stock split

Anjani Foods Limited opens new bakery outlet at Visakhapatnam

Power Mech Projects Ltd secures order worth Rs. 186 crore

REDTAPE Limited announces 3:1 bonus issue

Mafatlal Industries Ltd bags an order in Technical Textile worth INR 60.7 Crore with Odisha Government

Jubilant FoodWorks Ltd enters into MoU with Coca-Cola India Pvt Ltd

Dixon Electro Manufacturing pvt Ltd enters into MOU with Cellecor Gadgets Ltd

Sterling Unveils An Enchanting Oasis Amidst the Wilderness: Sterling Bagh Ranthambore

Reliance Industries Ltd agrees to supply E-Waste to K P International Pvt Ltd

Sharika Enterprises Limited receives order worth Rs. 8.29 crore

Electrosteel Castings Limited announces maintenance shutdown of MBF production facility

Capital Trust Limited ventures into secured loans

ACME Solar Holdings Ltd secures Rs. 1,988 Crore in Financing from Power Finance Corporation

CFF Fluid Control Ltd receives order worth Rs. 3.91 crores

EaseMyTrip Launches New Franchise Store in Srikalahasti, Andhra Pradesh

Shelter Pharma Ltd receives order worth $23000

Archies Partners with Al Hasnae Gifts for GCC Expansion, Marks Entry into the Middle East

REDTAPE Limited approves interim dividend of Rs. 2

VIP Clothing Launches Branded Handkerchiefs

Comrade Appliances Limited receives Air Cooler order from Reliance Retail Ltd

Indian Chemical Council awarded Responsible CareŽ Logo to IOL Chemicals and Pharmaceuticals Ltd

Padam Cotton Yarns Limited approves 1:1 bonus issue

ANSM Inspection at Cenexi's Fontenay Manufacturing Facility


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020