Infosys (India) and Handelsblatt Media Group (Germany) will use AI to simplify and enhance financial reporting.
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DÜSSELDORF, Germany (AI Reporter/News): The use of AI in the media industry is rapidly transforming how content is created, curated, and delivered. By using Generative AI capabilities a reputed German media group will redefine the storytelling experience for complex reports in journalism and making them more accessible to the public.
In a significant development for the world of business and financial journalism, Infosys, a titan in digital services and consulting, has unveiled a strategic partnership with Germany’s prestigious Handelsblatt Media Group to use AI technologies to make complex economic insights more accessible and engaging for the public.
The announcement was made on March 27, 2024.
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The Aim of AI-Driven Insights Partnership
By incorporating AI-first technologies, the partnership aims to democratize financial reporting access to complex economic insights, making them engaging and easily understandable for the general public. This collaboration positions Infosys as the AI and Digital Innovation Partner for Handelsblatt, setting a new benchmark in digital storytelling within the business and finance sectors.
- Infosys: Infosys (NSE, BSE, NYSE: INFY) is a global leader in next-generation digital services and consulting headquarters in India.
- Handelsblatt Media Group: Handelsblatt Media Group is a leading media company for business and financial information in Germany.
- Handelsblatt Research Institute: Handelsblatt Research Institute (HRI) is an independent economic research institute under the umbrella of the Handelsblatt Media Group.
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How Partnership Will Work?
In the first year of this partnership, Infosys will work with Handelsblatt Research Institute (HRI).
The global Tech specialist will leverage Infosys Topaz to support the HRI in making complex HRI reports on global economic and financial topics more accessible and consumable for the public.
Infosys Topaz: Infosys Topaz is an AI-first set of services, solutions, and platforms that leverages generative AI technologies. It amplifies the potential of humans, enterprises, and communities to create value from unprecedented innovations, pervasive efficiencies, and connected ecosystems.
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Leveraging AI for Enhanced Financial Reporting
HRI has been consistently evolving the digital storytelling of its reports and, now leveraging its collaboration with Infosys. The tech giant will enable new-age customizations like chat functionality, text translation and transformation, text-to-speech, and automatic data updates, among other key features.
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AI – Making Financial Reports Easier, Engaging and Accessible
The new changes coming from the partnership between Infosys and Handelsblatt Media Group are really exciting. They’re going to use advanced technology to make the reports from the Handelsblatt Research Institute (HRI) much more interesting and easy for everyone to understand.
These reports are known for being smart, trustworthy, and full of important scientific research. With these innovations, people will find it easier to get into reports about money and the economy, making this kind of information open and enjoyable for more people than ever before.
“These innovations will help create an immersive presentation of HRI’s reports, which are smart, reliable, characterized by scientific analysis, and are a widely accessible source of economic and financial information,” Infosys said.
With Infosys as our AI and digital innovation partner, we now move to the next level of digital storytelling that is powered by AI.
Dr. Jan Kleibrink, Managing Director, Handelsblatt Research Institute
Dr. Jan Kleibrink, Managing Director of Handelsblatt Research Institute, said, “We are excited to collaborate with Infosys to offer cutting-edge, AI-enabled trend reports. One of the core tasks of the Handelsblatt Research Institute is to present complex economic relationships and the results of scientific analysis to a broad readership.”
“We achieve this with texts of the highest journalistic quality and visual storytelling based on high-quality infographics. With Infosys as our AI and digital innovation partner, we now move to the next level of digital storytelling that is powered by AI.”, he added.
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By leveraging our Generative AI capabilities, through Infosys Topaz, Handelsblatt Media group will redefine the storytelling experience for complex reports in journalism and making them more accessible to the public.
Ashiss Kumar Dash, EVP & Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys
Ashiss Kumar Dash, EVP & Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys, said, “We are delighted to become the AI and digital innovation partner of an organization that is known for its in-depth research reports on economy and finance.”
“By leveraging our Generative AI capabilities, through Infosys Topaz, Handelsblatt Media group will redefine the storytelling experience for complex reports in journalism and making them more accessible to the public.”, he said.
“The media industry is the digital fabric of our society, and Infosys aims to constantly deliver value and opportunity for all industry stakeholders.”, he further added.
The media industry is the digital fabric of our society, and Infosys aims to constantly deliver value and opportunity for all industry stakeholders. – Ashiss Kumar Dash, EVP & Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys
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Table: AI-Powered Storytelling
This table succinctly summarizes the transformative potential of Generative AI in journalism and storytelling, emphasizing efficiency, innovation, and engagement for financial reporting.
| Aspect | Contribution of Generative AI |
|---|---|
| Data Analysis | Identifies trends and patterns in data for insightful stories. |
| Content Personalization | Creates stories tailored to audience interests. |
| Infographic Design | Automates the creation of engaging and informative graphics. |
| Visual Enhancements | Generates visuals that make complex information accessible. |
| Real-time Updates | Keeps stories and infographics updated with the latest data. |
| Interactive Content | Produces dynamic infographics for an engaging user experience. |
| Language Adaptation | Adjusts content tone to suit the audience, improving clarity. |
| Fact-checking | Ensures accuracy and credibility in stories and data. |
| Efficiency | Frees up resources for deeper journalistic endeavors. |
| New Narratives | Suggests innovative story angles based on data and trends. |
(Source: AI Reporter Research)
The Handelsblatt Media Group
The Handelsblatt Media Group is the leading media house for business, financial reporting and financial information in Germany. It is a company of Dieter von Holtzbrinck Medien GmbH. The media group, based in Düsseldorf, was founded in 1946. It is know for well-founded, independent quality journalism and reaches more than two million readers with its decision-maker media such as Handelsblatt and WirtschaftsWoche.
The Handelsblatt Media Group encompasses several service companies. This includes iq Media Marketing gmbh, a top marketer for media targeting decision-makers. Another is Solutions by Handelsblatt Media Group GmbH, experts in corporate content, concept, and marketing. The group also has other holdings.
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The Handelsblatt Research Institute (HRI)
The Handelsblatt Research Institute (HRI) has been an independent economic research institute under the umbrella of the Handelsblatt Media Group since 2013. The team combines expertise from various economic research disciplines and also works closely with external specialists and specialised institutes. The HRI monitors the course of public debate on economic topics with the aim of distilling new research approaches and thus advancing the debate with new proposed solutions.
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The Infosys
The tech multinational Infosys stands as a global pioneer in next-generation digital services and consulting. The company boasts over 300,000 professionals dedicated to enhancing human potential and forging new opportunities for individuals, businesses, and communities. The organization facilitates the digital transformation journey for clients across more than 56 countries.
With a rich history spanning over four decades in managing global enterprises’ systems and operations, Infosys adeptly guides clients through their digital transitions, leveraging cloud and AI technologies.
The company fosters an AI-first approach, bolsters businesses with scalable digital agility, and promotes ongoing advancement through continuous learning, sharing digital skills, expertise, and innovative ideas from its ecosystem. “We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.”, the company said.
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