• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Infosys and The Financial Times Unveil the 'FT Money Machine' Through Immersive Extended Reality Experience

    9/6/24 4:25:00 AM ET
    $INFY
    EDP Services
    Technology
    Get the next $INFY alert in real time by email

    A digital twin of the landmark economic simulator 'The Moniac', the FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible

    LONDON, Sept. 6, 2024 /PRNewswire/ -- Infosys (NYSE:INFY), a global leader in next-generation digital services and consulting, in collaboration with the Financial Times (FT), today announced the digital revival of a pioneering piece of economic history — the Monetary National Income Analogue Computer (MONIAC) — courtesy of a groundbreaking new virtual reality experience, the 'FT Money Machine'.

    Infosys_Logo

    Infosys and The Financial Times have taken economist Bill Phillips' original invention, a hydraulic analog computer created in 1949 that used water to model and study economic systems, as the foundation for a unique Extended Reality (XR) project which revolutionizes how we learn about economics and ensures education at scale. Emphasizing on 'learning by doing', the new XR app, accessible through Apple Vision Pro and available in the App Store, faithfully recreates the Moniac's functionality while adding new, interactive features. This approach bridges the gap between historical analogue computing and modern digital learning, offering an unparalleled educational experience to the global student community.

    Users of The FT Money Machine will not only experience the full operation of The Moniac but also can explore and create their own economic scenarios in free play mode. They will be able to interact with the machine using intuitive gestures such as eye tracking, hand movements, and voice commands, allowing them to adjust variables like consumption, taxation, and investment to see real-time impacts on the economy, as well as understand complex economic interactions, predict outcomes of various policy decisions, and enhance economic modelling techniques.

    The FT Money Machine also incorporates the academic backing of the London School of Economics (LSE) and Cambridge University, home to one of the last working original Moniacs. It leverages the creative design and build expertise from WongDoody, Infosys' human experience agency, where WongDoody helped ensure that the FT Money Machine app exceeds user expectations in a seamless blend of historical significance and cutting-edge technology.

    James Lamont, Director of Strategic Partnerships at the Financial Times, added, "The FT has always been committed to fostering a deeper understanding of economics, and the FT Money Machine is a testament to that commitment. Our purpose combined with Infosys' strong technical expertise has helped not only revive an important piece of economic history but also will also redefine how we teach and learn about economics in a digital age."

    Ashiss Kumar Dash, EVP and Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys, emphasized, "At Infosys, we are committed to our purpose of leveraging technology to amplify human potential and create the next opportunity for people, businesses, and communities. Our collaboration with FT for this innovative project that bridges historical innovation with today's most advanced digital technologies to deliver education at scale aligns perfectly with our purpose. By recreating the Moniac as the FT Money Machine, we are providing users with a unique educational tool that makes the complexities of economic systems both accessible and engaging, enabling the exploration and understanding of how money flows through an economy."

    The FT Money Machine's three-dimensional interface will offer a comprehensive educational tool for students, educators, researchers, and economic enthusiasts, providing a hands-on learning experience that illustrates economic principles in a way that is both engaging and insightful. By embracing new immersive technologies, it will help transcend the limitations of traditional educational tools, making economic education more effective and accessible.

    As part of the launch, Infosys and the Financial Times will host an event at London School of Economics (LSE) on September 18 to celebrate the Moniac's contributions to economic theory and education.

    About Infosys

    Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

    Visit www.infosys.com to see how Infosys ((NSE, BSE, NYSE:INFY) can help your enterprise navigate your next.

    Safe Harbor

    Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

    Logo: https://mma.prnewswire.com/media/633365/Infosys_Logo.jpg

     

    Cision View original content:https://www.prnewswire.com/news-releases/infosys-and-the-financial-times-unveil-the-ft-money-machine-through-immersive-extended-reality-experience-302240429.html

    SOURCE Infosys

    Get the next $INFY alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $INFY

    DatePrice TargetRatingAnalyst
    4/21/2025$17.89Buy → Neutral
    Goldman
    4/21/2025Hold → Buy
    Investec
    4/14/2025Negative → Neutral
    Susquehanna
    3/7/2025Hold → Outperform
    CLSA
    12/9/2024Hold → Buy
    HSBC Securities
    10/3/2024Hold → Sell
    Investec
    7/19/2024Underperform → Neutral
    Macquarie
    4/9/2024Neutral → Buy
    BofA Securities
    More analyst ratings

    $INFY
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Infosys downgraded by Goldman with a new price target

      Goldman downgraded Infosys from Buy to Neutral and set a new price target of $17.90

      4/21/25 8:37:11 AM ET
      $INFY
      EDP Services
      Technology
    • Infosys upgraded by Investec

      Investec upgraded Infosys from Hold to Buy

      4/21/25 8:30:22 AM ET
      $INFY
      EDP Services
      Technology
    • Infosys upgraded by Susquehanna

      Susquehanna upgraded Infosys from Negative to Neutral

      4/14/25 8:05:08 AM ET
      $INFY
      EDP Services
      Technology

    $INFY
    SEC Filings

    See more
    • SEC Form 6-K filed by Infosys Limited

      6-K - Infosys Ltd (0001067491) (Filer)

      6/27/25 10:53:06 AM ET
      $INFY
      EDP Services
      Technology
    • SEC Form 6-K filed by Infosys Limited

      6-K - Infosys Ltd (0001067491) (Filer)

      6/2/25 1:30:23 PM ET
      $INFY
      EDP Services
      Technology
    • SEC Form 6-K filed by Infosys Limited

      6-K - Infosys Ltd (0001067491) (Filer)

      5/8/25 7:27:19 AM ET
      $INFY
      EDP Services
      Technology

    $INFY
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Infosys and Adobe Announce Strategic Collaboration to Turbocharge Marketing Transformation with AI

      Infosys Aster™marketing suite and Adobe launch joint offering to enable global brands and marketers to unify customer experience at scale, personalize content to catalyze growth and streamline workflows for efficiency BENGALURU, India, June 18, 2025 /PRNewswire/ -- Infosys (NSE: INFY), (BSE: INFY), (NYSE:INFY), a global leader in next-generation digital services and consulting, and Adobe announced a strategic collaboration to jointly transform the marketing life cycle of global brands with AI. Together, they will bring capabilities from Infosys Aster™ and Adobe to unify customer experience at scale, personalize content to enable business growth while also streamlining workflows for efficienc

      6/18/25 5:10:00 AM ET
      $INFY
      EDP Services
      Technology
    • Infosys outlines a bolder ESG Vision 2030; Aspires to become climate positive in 2030, expands global skilling and livelihood commitments

      BENGALURU, India, June 4, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced an update to its Environmental, Social and Governance (ESG) Vision for 2030. This update is part of Infosys' continuing ESG commitments, first articulated in 2020 and now renewed with bolder aspirations. The ESG Vision 2030's broad areas of focus are climate change, water and waste management, digital skilling and employability, nurturing workplace inclusivity, amplifying communities, employee wellness and workplace experience, along with corporate governance, data privacy and information management. Salil Parekh, Chi

      6/4/25 6:13:00 AM ET
      $INFY
      EDP Services
      Technology
    • Infosys BPM Unveils AI Agents to Revolutionize Finance and Accounting Services

      New Agentic AI-powered solution set to redefine accounts payable operations with significant efficiency gains, enhanced accuracy and improved user experience BENGALURU, India, May 30, 2025 /PRNewswire/ -- Infosys BPM, the business process management arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), today announced the launch of AI agents for invoice processing within its flagship Infosys Accounts Payable on Cloud solution. Powered by Infosys Topaz, the innovation redefines invoice processing by moving from a human-driven, AI-supported model to an autonomous AI-first approach, which ensures greater efficiency and accuracy. Designed to operate autonomously, the solution leverages AI agents

      5/30/25 6:10:00 AM ET
      $INFY
      EDP Services
      Technology

    $INFY
    Leadership Updates

    Live Leadership Updates

    See more
    • Infosys and LTA Sign Strategic Technology Partnership for the Historic Tournament at Queens Club, London

      The multi-year engagement will leverage Infosys Topaz to deliver a range of AI-powered innovations, including match insights and immersive fan experiences BENGALURU, India, May 13, 2025 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced a three-year strategic partnership through until 2027 with the Lawn Tennis Association (LTA), the governing body of tennis in Great Britain. As part of this, Infosys will be the official AI and Innovation Partner for the HSBC Championships at the prestigious Queen's Club, London. Leveraging its technology and data analytics expertise along with its innovative AI-firs

      5/13/25 6:07:00 AM ET
      $INFY
      EDP Services
      Technology
    • Infosys Collaborates with Kardex to Transform Business Operations Using SAP S/4HANA

      To help unify Kardex's ERP system in over 30 countries leveraging Infosys Cobalt BENGALURU, India, Dec. 4, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE:INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operational efficiency, and s

      12/4/24 5:11:00 AM ET
      $INFY
      EDP Services
      Technology