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Infosys: Strong performance with broad based revenue growth in CC of 3.1% sequentially and 3.3% YoY

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FY25 revenue guidance revised to 3.75%-4.50%; Margin guidance retained at 20%-22%

BENGALURU, India, Oct. 17, 2024 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered broad based growth performance with $4,894 million in Q2 revenues, sequential growth of 3.1% and year on year growth of 3.3% in constant currency. Operating margin for Q2 was at 21.1%. Free cash flow for Q2 was at $839 million, growing 25.2% year on year. TCV of large deal wins was $2.4 billion, 41% being net new.

H1 revenues grew at 2.9% year over year in constant currency. Operating margin for H1 was at 21.1%.

“We had strong growth of 3.1% quarter-on-quarter in constant current in Q2. The growth was broad based with good momentum in financial services.  This stems from our strength in industry expertise, market leading capabilities in cloud with Cobalt and generative AI with Topaz, resulting in growing client preference to partner with us”, said Salil Parekh, CEO and MD. “Our large deals at $2.4 billion in Q2 reflect our differentiated position. I am grateful to our employees for their unwavering commitment to our client as we further strengthen our market leadership” he added.

3.1% QoQ

3.3% YoY

 CC Growth  

21.1%

Operating
Margin

4.7% YoY

EPS Increase

(₹ terms)

$2.4 Bn

Large Deal

TCV

$839 Mn

Free

Cash Flow

Guidance for FY25:

Revenue growth of 3.75%-4.50% in constant currencyOperating margin of 20%-22%

Key highlights:

For six months ended September 30, 2024

For the quarter ended September 30, 2024

Revenues in CC terms grew by 2.9% YoYReported revenues at $9,608 million, growth of 2.9% YoYOperating margin at 21.1%, growth of 0.1% YoYBasic EPS at $0.37, growth of 4.4% YoYFCF at $1,933 million, growth of 41.2% YoY; FCF conversion at 125.3% of net profit

Revenues in CC terms grew by 3.3% YoY and 3.1% QoQReported revenues at $4,894 million, growth of 3.7% YoYOperating margin at 21.1%, decline of 0.1% YoY and flat QoQBasic EPS at $0.19, growth of 3.4% YoYFCF at $839 million, growth of 25.2% YoY; FCF conversion at 107.8% of net profit

“We continue to focus on accelerating revenue growth with a sharp focus on margin performance. Operating margins for the quarter was at 21.1%, driven by continued benefits from value-based pricing and utilization despite higher employee payouts. Our focus on cash generation resulted in another quarter of over 100% Free Cash Flow conversion to net profits,” said Jayesh Sanghrajka, CFO. “The Board announced an interim dividend of `21 per share, 16.7% increase from last year,” he added.

1.  Client wins & Testimonials

Infosys announced that it has entered into a long-term collaboration with Metro Bank to enhance some of its IT and support functions, while digitally transforming the bank’s business operations. Daniel Frumkin, Metro Bank Chief Executive Officer, said, “This collaboration with a world class provider like Infosys builds on the solid foundations we have already laid, unleashing our true potential, and creating a sustainably profitable and scalable organization that is fit for the future. At the end of this transformation, we will be a very different business, but the true essence of Metro Bank will remain the same – a high-quality service organization putting customers centre-stage. Metro Bank expects to deliver £80m of annualized cost savings this year across multiple initiatives, as it progresses towards the target of reaching mid-to-high teen Return on Tangible Equity by 2027. Our vision for Metro Bank in 2025 and beyond, places our store network firmly at its heart, as we continue with our plans to open new stores and bring the Metro Bank experience to the north of England.”Infosys announced a strategic collaboration with Proximus to help unlock new business opportunities. Antonietta Mastroianni, Chief Digital & IT Officer at Proximus, said: “We are delighted to strengthen our long-standing collaboration with Infosys. By leveraging Infosys’ global reach and our expertise in CPaaS and DI Solutions, the collaboration will drive innovation and deliver superior customer experiences for our joint customers. We are confident that our mutual deep expertise and proven track record will be instrumental in this two-way partnership.”Infosys announced its collaboration with TDC Net to help them transform from a traditional infrastructure company to a leading customer-centric technology company. Campbell Fraser, CTIO, TDC Net said, “At TDC Net, we are committed to delivering exceptional value to our customers through a transformation in our IT landscape. Our collaboration with Infosys will enable us to leverage industry-standard processes and platform to create better customer experiences. Infosys’ deep expertise in the telecommunications domain, coupled with their proven capabilities in driving end-to-end transformations, gives us confidence in achieving our goals. This collaboration represents a significant milestone in our journey towards becoming a fully digital and customer-centric technology company.”Infosys announced the extension of its existing collaboration with Posti to help it enhance customer experience and operational efficiency while continuing to innovate, scale, and grow its IT operations. Petteri Naulapää, CIO & SVP, ICT and Digitalization, Posti Group, said, “We are pleased to announce the renewal of our collaboration with Infosys for another seven years. By harnessing the power of AI through Infosys Topaz and cloud capabilities through Infosys Cobalt, we aim to create a more efficient and customer centric organization. The collaboration with Infosys will accelerate our digital transformation journey and help us deliver exceptional services, optimize our operations, and strengthen our position as a leading delivery and logistics provider.”Infosys announced a strategic collaboration with Sally Beauty Holdings, Inc. (SBH) to drive enterprise-scale IT transformation and implement best practices in IT operations to bring efficiencies through the optimization of IT service delivery. Scott Lindblom, CIO, Sally Beauty, said “We are excited to be collaborating with Infosys as we take SBH into the future by modernizing our IT service delivery and meeting the goals set by our “Fuel for Growth” initiative. Embracing AI-amplified IT is a significant step forward for us in enabling us to, in turn, deliver exceptional experiences for our customers.”Infosys announced a strategic collaboration with Polestar to create a base for Polestar’s development of in-car infotainment, Software and Electrical/ Electronics (SW&EE) engineering, user experience (UX), and cloud-powered digital services. Sven Bauer, Head of Software at Polestar, said, “Polestar is starting a new chapter in the company’s global setup with our partner Infosys in Bengaluru. We look forward to building automotive competence in the Polestar Tech Hub to support our growing vehicle portfolio and new model launches.”Infosys announced a successful collaboration with the Life Insurance Corporation of India (LIC) to spearhead its digital transformation initiative called DIVE. Shri Siddhartha Mohanty, CEO & MD, LIC, said, “Our collaboration with Infosys marks a significant milestone in our digital transformation journey. It will not only enhance our operational capabilities, but also enable us to cater to our vast customer, agent and employee base with newer, more personalized experiences. We are committed to leveraging the latest technologies that Infosys has to offer, including Cloud and Enterprise AI, to drive innovation and improve our offerings.”

2.  Recognitions & Awards

Brand

Recognized as India’s Best Workplaces™ for Women 2024: Top 50 (Large) for the fourth consecutive year by Great Place to Work® InstituteRecognized as India’s Best Workplaces™ in Diversity, Equity, Inclusion & Belonging 2024: Top 25 by Great Place to Work® InstituteRecognized among ‘Best Companies for Women in India (BCWI) study, 2024′ by Avtar & Seramount, and among ‘Best Companies – Hall of Fame’ for having featured in the list, six editions in a rowRecognized as the ‘Champion of Inclusion’ in the Most Inclusive Companies Index 2024 by Avtar and Seramount for the fifth year

AI and Cloud Services

Positioned as a leader in 2024 Gartner Magic Quadrant for Public Cloud IT Transformation ServicesRated as a leader in End-to-End Cloud Infrastructure Management Services NEAT 2024 by NelsonHallRecognized as a leader in Constellation Shortlist 2024: Artificial Intelligence and Machine Learning Best-of-Breed PlatformsRecognized as a leader in Constellation Shortlist 2024: AI-Driven Cognitive ApplicationsRecognized as a leader in Constellation Shortlist 2024: AI Services: GlobalRecognized as a leader in Constellation Shortlist 2024: Public Cloud Transformation Services: Global

Key Digital Services

Recognized as a leader in Global In-house Center (GIC) Setup Capabilities in India – Provider PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Digital Transformation Consulting Services PEAK Matrix® Assessment 2024 – North America by EverestRecognized as a leader in Salesforce Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Open Banking IT Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Private Equity IT Services PEAK Matrix® Assessment 2024 by EverestRecognized as leader in Life & Annuity (L&A) Insurance IT Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Digital Commerce Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Digital Workplace Services PEAK Matrix® Assessment 2024 – Europe by EverestRecognized as a leader in Digital Workplace Services PEAK Matrix® Assessment 2024 – North America by EverestRecognized as a leader in Focus on Appian – Low-code Application Development Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Focus on OutSystems – Low-code Application Development Services PEAK Matrix® Assessment 2024 by EverestRecognized as a leader in Focus on Microsoft Power Apps – Low-code Application Development Services PEAK Matrix® Assessment 2024 by EverestRated as a leader in IDC MarketScape: Asia/Pacific SAP Implementation Services 2024 Vendor AssessmentPositioned as a leader in HFS Horizons: The Best Service Providers for Core Banking ModernizationRated as a leader Learning Platforms NEAT 2024 by NelsonHallRecognized as a leader in Constellation Shortlist 2024: Metaverse Design and ServicesRecognized as a leader in Constellation Shortlist 2024: Custom Software Development ServicesRecognized as a leader in Constellation Shortlist 2024: Digital Transformation Services (DTX): GlobalRecognized as a leader in Constellation Shortlist 2024: Customer Experience (CX) Operations Services: GlobalRecognized as a leader in Constellation Shortlist 2024: Customer Experience (CX) Design & Execution Services: GlobalWon the SAP LeanIX Growth Partner of the Year Award at the SAP Transformation Excellence SummitInfosys BPM recognized as a Leader in the Lending Services PEAK Matrix® Assessment 2024 by EverestInfosys BPM recognized as a leader in ISG Provider LensTM Global Financing & Accounting Outsourcing Services Study (P2P, O2C, R2R and FP&A)Infosys BPM won the Avasant Digital Masters Award 2024 in the Business Process Transformation categoryInfosys BPM ranked as Innovators in Avasant Digital Masters Business Process Transformation Radarview™Infosys BPM won an award at NIQR Lean Six Sigma Case Study Contest 2024

Industry & Solutions

Rated as a leader in IDC FinTech 2024 RankingsInfosys BPM recognized as a leader in the Finance & Accounting Outsourcing (FAO) PEAK Matrix® Assessment 2024 by EverestInfosys Finacle positioned as a leader in the IDC MarketScape: Worldwide Cash Management Systems 2024 Vendor Assessment; Worldwide Integrated Bank Payment Systems 2024 Vendor Assessment; North America Digital Core Banking Platforms 2024 Vendor Assessment; Europe, Middle East, and Africa Digital Core Banking Platforms 2024 Vendor Assessment; Asia/Pacific Digital Core Banking Platforms 2024 Vendor AssessmentInfosys McCamish ranked as a leader in ISG Provider LensTM Insurance Platform Solutions study in North AmericaInfosys Finacle won Excellence in Corporate Digital Banking with Zand Bank at the Finnovex Awards Middle East 2024Infosys Finacle won 2 industry awards at Finnovex Awards Southern Africa 2024: ‘Excellence in Customer Experience with Standard Bank’, ‘Excellence in Payment Solutions for Finacle Payments’

Read more about our Awards & Recognitions here.

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 the cloud. We enable them with an AI-powered 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, our future financial or operating performance, the McCamish cybersecurity incident and the related review and notification process 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 working 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, the amount of any additional costs, including indemnities or damages or claims, resulting directly or indirectly from the McCamish cybersecurity incident and the outcome and effect of pending litigation. 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.

 

Infosys Limited and subsidiaries

Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:                    (Dollars in millions)

September 30, 2024

March 31, 2024

ASSETS

Current assets

Cash and cash equivalents

2,601

1,773

Current investments

887

1,548

Trade receivables

3,820

3,620

Unbilled revenue

1,559

1,531

Other current assets

1,817

2,250

Total current assets

10,684

10,722

Non-current assets

Property, plant and equipment and Right-of-use assets

2,284

2,323

Goodwill and other Intangible assets

1,604

1,042

Non-current investments

1,189

1,404

Unbilled revenue

255

213

Other non-current assets

912

819

Total non-current assets

6,244

5,801

Total assets

16,928

16,523

LIABILITIES AND EQUITY

Current liabilities

Trade payables

458

474

Unearned revenue

860

880

Employee benefit obligations

343

314

Other current liabilities and provisions

3,210

2,983

Total current liabilities

4,871

4,651

Non-current liabilities

Lease liabilities

756

767

Other non-current liabilities

463

500

Total non-current liabilities

1,219

1,267

Total liabilities

6,090

5,918

Total equity attributable to equity holders of the company

10,789

10,559

Non-controlling interests

49

46

Total equity

10,838

10,605

Total liabilities and equity

16,928

16,523

  

Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for:

(Dollars in millions except per equity share data)

3 months ended
September 30,
2024

3 months ended
September 30,
2023

6 months ended
September 30,
2024

6 months ended
September 30,
2023

Revenues

4,894

4,718

9,608

9,334

Cost of sales

3,400

3,271

6,659

6,481

Gross profit

1,494

1,447

2,949

2,853

Operating expenses:

   Selling and marketing expenses

221

213

454

429

   Administrative expenses

240

234

469

463

Total operating expenses

461

447

923

892

Operating profit

1,033

1,000

2,026

1,961

Other income, net (3) 

72

60

160

117

Profit before income taxes

1,105

1,060

2,186

2,078

Income tax expense

327

309

644

603

Net profit (before minority interest)

778

751

1,542

1,475

Net profit (after minority interest)

777

751

1,540

1,475

Basic EPS ($)

0.19

0.18

0.37

0.36

Diluted EPS ($)

0.19

0.18

0.37

0.36

NOTES:

The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and six months ended September 30, 2024, which have been taken on record at the Board meeting held on October 17, 2024.A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.Other income is net of Finance Cost.As the quarter and six months ended figures are taken from the source and rounded to the nearest digits, the quarter figures in this statement added up to the figures reported for the previous quarter might not always add up to the six months ended figures reported in this statement.

IFRS-INR Press Release : https://www.infosys.com/investors/reports-filings/quarterly-results/2024-2025/q2/documents/ifrs-inr-press-release.pdf
Fact sheet: https://www.infosys.com/investors/reports-filings/quarterly-results/2024-2025/q2/documents/fact-sheet.pdf

 

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atNorth joins Nordic Compass to support Nordic competitiveness, resilience and industrial innovation

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REYKJAVÍK, Iceland, May 12, 2026 /PRNewswire/ — atNorth, the leading Nordic high-density colocation and built-to-suit data center provider, today announced it has joined Nordic Compass (The Nordic Round Table for Industry), a new pan-Nordic alliance established to strengthen Nordic and European competitiveness, resilience and industrial innovation.

Chaired by former Finnish Prime Minister Jyrki Katainen, Nordic Compass brings together leading companies, foundations and organizations from across the region to accelerate coordinated action across strategically important sectors, including Capital Markets, Deep Tech, Defense and Energy.

The alliance will present its first set of initiatives at the Nordic Compass Summit in Gothenburg, Sweden, in November 2026.

Advancing Nordic collaboration and sustainable growth

The initiative comes at a time when Europe is accelerating efforts to strengthen technological sovereignty, secure critical infrastructure and support sustainable industrial growth. The Nordic region is already home to globally leading digital, industrial and energy capabilities, yet significant opportunities remain for deeper cross-border collaboration. Nordic Compass seeks to unlock this potential by bringing together industry leaders to align on shared priorities and deliver tangible outcomes.

“Across atNorth, we see firsthand the increasing convergence of digital infrastructure, energy systems and advanced compute across the Nordics,” said Eva Sóley Guðbjörnsdóttir, Chief Financial Officer & Deputy CEO at atNorth. “By working together through Nordic Compass, we can bolster the Nordic’s position in leading sustainable industrial development, helping to accelerate innovation and strengthen regional competitiveness.”

atNorth’s participation reflects the company’s continued commitment to supporting sustainable, sovereign and energy-efficient digital infrastructure across the Nordics. The company is already a signatory of the Climate Neutral Data Centre Pact and a participant in global initiatives including the UN Global Compact, as well as being an active member of the European Data Center Association (EUDCA) and other regional data center industry associations in the Nordics. With operations spanning Iceland, Sweden, Denmark and Finland, atNorth is well positioned to contribute knowledgeably to discussions and initiatives relating to AI infrastructure, high-performance computing, energy optimization and long-term digital resilience.

Nordic Compass brings together more than 25 leading Nordic organisations including Aker ASA, Alfa Laval, Danfoss, Embla Medical, EY, KONE, Nasdaq Nordic, Nordea, Novo Nordisk Foundation, Vattenfall and Ørsted among others. Through these partnerships, atNorth hopes to support the growth of the Nordic digital infrastructure ecosystem as a leading example to global markets.

About atNorth

atNorth is a leading Nordic data center company that offers cost-effective, scalable high-density colocation and built-to-suit services trusted by industry-leading organizations.

With sustainability at its core, atNorth’s data centers run on renewable energy resources and support circular economy principles. All atNorth sites leverage innovative design, power efficiency, and intelligent operations to provide long-term infrastructure and flexible colocation deployments.

atNorth is headquartered in Reykjavik, Iceland and operates eight data centers in strategic locations across the Nordics, as well as a ninth under construction in Kouvola, Finland, a tenth site in Ølgod, Denmark and an eleventh campus in Stockholm, Sweden. The business has also announced a new mega site development in the Sollefteå Municipality in Sweden.

For more information, visit atNorth.com or follow atNorth on LinkedIn.

Press Contact:
Laura Cameron
Mead Cameron for atNorth
+44 (0) 7740 948 378
laura@meadcameron.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/atnorth/r/atnorth-joins-nordic-compass-to-support-nordic-competitiveness–resilience-and-industrial-innovation,c4347604

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ZTE Hosts 2026 Broadband User Congress in São Paulo, under the Theme “Monetize Your Intelligent Broadband”

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SÃO PAULO, May 12, 2026 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, successfully hosted its Broadband User Congress, themed “Monetize Your Intelligent Broadband”. The event gathered over 300 executives from ISPs, operators, government, industry associations, and ecosystem partners across Latin America. Driven by network cost reduction, efficiency improvement and home service innovation, the congress presented comprehensive intelligent broadband monetization solutions for Latin America. These help operators and ISPs move beyond pipe-only models, boosting basic network ARPU, diversifying revenues and reshaping competitiveness.

Fang Hui, Senior Vice President of ZTE, stated: “With over 20 years of presence in Latin America, ZTE has delivered hundreds of landmark projects and served over 100 million users in Brazil. We will drive premium experiences through technological innovation, unlock growth potential through win-win partnerships, and empower industrial transformation with AI. Leveraging our full-stack ‘Connectivity + Computing’ capabilities, we are committed to building an open, intelligent digital ecosystem and co-creating new value with Latin American partners.”

ZTE showcased innovative network operation concepts and upgraded portfolios, translating “Monetize Your Intelligent Broadband” into deployable and profitable practices.

For operator broadband network construction, ZTE is committed to building the best-in-class broadband network for every customer.

In access, ZTE’s FTTx monetization solutions lower network deployment barriers via lightweight OLTs, adopt CEM+AI to enable precise quality analysis and targeted marketing, and expand into the B2B blue ocean market with AI all-optical campus and AI Interactive Flat Panel, balancing cost reduction, efficiency improvement and ARPU growth. The end-to-end intelligent ODN system ensures full-lifecycle network assurance.

In transport, ZTE launched a C+L full-band 1.6T OTN solution enhanced with AI. It delivers breakthroughs in single-wavelength rate, spectrum efficiency, and intelligent O&M, addressing scaling, cost reduction and agile service delivery. It also launched a single-slot 28.8 Tbps core router and high-performance 100GE/400GE aggregation routers, enabling operators to build next-generation IP networks that are ultra-broadband, green, secure, and intelligent, laying a foundation for broadband value upgrade.

In smart O&M, the AIOps platform significantly improves fault diagnosis efficiency. It reduces OPEX and drives evolution toward L4 autonomous networks.

For home broadband, ZTE leverages strong technology and continuous AI innovation to ensure optimal TCO.

In smart connectivity, AI Wi-Fi 7 serves as the core, leveraging advantages in specifications, coverage, control, hardware, software and supply chain to help operators optimize TCO and achieve precise selection.

In smart home value-added services, large-model capabilities empower AI O&M, AI cameras and AI Smart View, creating new home experiences integrating smart control, fitness, entertainment and security, shifting from basic connectivity to high-value services.

In smart operations, the SCP platform enables unified home device management with remote diagnostics, one-click optimization, stolen-device locking and targeted VAS marketing, reducing O&M costs, stabilizing revenue and building efficient systems for sustainable monetization.

ZTE empowers ISPs to increase revenue through lightweight deployment and converged efficiency.

Light PON enables fast, cost-effective network deployment, shortening time-to-market.

Light OTN features a 12.8T-in-2U high-density design with minimalist WebGUI management, supporting single-wavelength 1.6T, zero-touch deployment and plug-and-play, reducing costs and O&M complexity while ensuring optimal TCO.

Light IP Network provides end-to-end lightweight IP convergence from CPE to backbone, built on a unified open architecture, smooth product evolution and AI-powered minimalist O&M, enabling heterogeneous network integration and safeguarding ISP operations.

At the event, ZTE launched the new-generation TV 3.0 set-top box, marking a new phase in Brazil’s digital TV upgrade. ZTE and MediaTek jointly introduced Wi-Fi 7 and 10G PON solutions for premium home and SMB scenarios, helping operators tap high-value users. Qualcomm and ZTE are collaborating on next-generation networking infrastructure for the AI Era, combining Qualcomm’s AI-native Wi-Fi and FWA platforms with ZTE’s access and networking leadership.

Lu Maoliang, President of ZTE Brazil, commented: “Brazil is a core strategic market for ZTE. With 25 years of localized operations in Latin America, we have served over 100 operators and ISPs, deployed more than 60,000 km of optical fiber, and reached over 30 million households. This congress precisely addresses local demands, delivering leading technologies and products while focusing on driving customers’ sustainable commercial success.”

MEDIA INQUIRIES:
ZTE Corporation
Communications
Email: ZTE.press.release@zte.com.cn

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B2B Marketing Summit in Singapore Convenes Industry Leaders to Discuss the AI Era

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SINGAPORE, May 12, 2026 /PRNewswire/ — Marketing leaders from across APAC recently convened at the Marina Bay Sands for The B2B Marketing Summit. The event provided a platform for senior executives to discuss the evolving challenges of B2B marketing, while also marking the 10th anniversary of the summit’s organiser, The Ortus Club.

Over the past decade, the agency has grown from hosting localised roundtables to organising executive knowledge-sharing events for major technology and SaaS organisations, including Canva, OpenAI, Twilio, Freshworks, Stripe, PayPal, and NVIDIA.

How are B2B marketing leaders navigating the AI era?

Jess Circi, Co-Founder and Managing Partner, opened the summit by acknowledging the extraordinary talent gathered at the Marina Bay Sands. Emphasising that this is the most exciting and high-stakes time to be in the field, she framed the core challenges of AI-driven visibility, the crave for human-centric branding, and complex customer journeys. As Circi Maruyama noted: “This room right now welcomes marketing leaders from some of the most ambitious B2B organisations in the region, if not the world. People who are actively figuring out how to navigate this slightly insane time we’re facing in B2B marketing.”

Reflecting on the changing dynamics of the profession, she added:

“Marketing is no longer just ‘support’ for sales. More and more CMOs are turning into Chief Revenue Officers and finally grabbing those seats on the board.”

With nearly 2,000 years of collective marketing experience in the room, the day was set to tackle how leaders are turning these high-stakes challenges into strategic advantages.

How can B2B brands stay relevant amidst zero-click searches?

The core theme of the day centred on maintaining human connection in a digital-first, AI-driven landscape. Navigating this new reality, Constance Tan, speaking on behalf of Ahrefs, shared data regarding zero-click searches and the rise of AI overviews. Tan noted that “AI overviews reduce click-through rates by about 30 percent, and only 38 percent of top ten results appear in AI answers. The rules are not exactly the same. Brand and video mentions are becoming more and more important as sources for the AI machine.”

Nicholas Kontopoulos, representing Twilio, expanded on this theme by highlighting the shift in how buyers educate themselves: “We are starting to see this play out in terms of how our end customers are procuring content. They are now going dark because they are going in by the LLM. It is no longer just about individual buyers, but the buying units involved in making a decision.”

Furthermore, Karen Ko from SailPoint emphasised the critical need for human oversight and data quality in AI integration, stating that “the human factor plays a very critical role in this journey to ensure quality. The output of AI is only as good as the data you feed it—garbage in, garbage out. We must maintain human review and shared governance.”

What makes intimate B2B networking effective in a digital-first world?

The event incorporated several interactive networking initiatives designed to foster genuine connections. Attendees connected using icebreaker cards scattered throughout the room, complemented by a bespoke Twilio cupcake cart that kept the energy dynamic throughout the day. Behind closed doors, VIP attendees and sponsors convened for an unrecorded, private 3-course lunch, an exclusive format that allowed executives to discuss panel topics in greater detail without the pressure of a recording. To top off the experience, a highly coveted raffle prize was provided by The Stag Steakhouse, a recognised venue for B2B events and executive roundtables in Singapore.

Why are event content creators essential to modern B2B campaigns?

The summit also served as a live showcase for The Ortus Club’s expansion into event content creation and podcast curation. On-site, the organisation brought its CMO Chats podcast to life with an active podcast corner. Anya Africa, Head of Operations, interviewed key marketing leaders, while Managing Partner Jamie Aclan conducted floor interviews. This addition to the event portfolio reflects a broader industry demand to capture insights, engage target audiences, and pair events with tailored B2B campaign content.

For those who were unable to attend, curated summaries and discussion breakdowns from the summit can be found at https://b2b-singapore.ortusclub.com/.

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About The Ortus Club

The Ortus Club is a global B2B marketing agency specialising in executive events, roundtables, and summits. Founded on the belief that meaningful connections are built through face-to-face interaction, the agency facilitates executive knowledge-sharing and lead generation for global brands.

Media Contact

The Ortus Club Email: content@ortusclub.com 
Website: https://www.ortusclub.com/

 

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SOURCE The Ortus Club

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