PRESS RELEASE
Infosys is Among an Elite Group of Leaders Providing Oracle Application
Services - Independent Research Firm
Bangalore - March 26, 2014: Infosys, a global leader in consulting, technology
and outsourcing solutions, today announced that it has been ranked as a leader
in The Forrester Wave™: Oracle Application Services Providers, Q1 2014 report.
The Forrester Research, Inc. report recognizes Infosys, among other vendors,
for significant global work on major transformation initiatives. Forrester has
given Infosys the highest possible scores for vision, Oracle alliance, pricing
strategy, maintenance and ongoing support services. Know more about the report
Forrester's 35-criteria evaluation of Oracle application services providers
identifies the nine largest global partners in terms of practitioners and
revenue.
The Forrester Wave acknowledges Infosys for:
* Focusing investments in new product areas such as mobility, fusion and
engineered systems
* Being well-suited for clients in industries such as financial services and
insurance, manufacturing, utilities, telecommunications, retail, consumer
packaged goods and wholesale trade
* Its ability to provide clients with flexible, subscription-based
alternatives to traditional Oracle solutions that are built specifically
for industries or domains
* Becoming one of the early providers to attain the certifications and
advanced specializations required to achieve the elite Diamond Partner
status
* Its aggressive co-innovation with Oracle
Quotes:
Liz Herbert, Principal Analyst, Forrester in the report:
"Infosys has shot up the ranks as a top tier Oracle services provider, through
its aggressive co-innovation with Oracle and focused investment into newer
product areas such as mobility, fusion and engineered systems….And, it's more
recent investments in platforms…mean that Infosys clients have flexible,
subscription-based alternatives to traditional Oracle solutions that are
purpose-built for industries or domains."
Ravi Kumar S, Senior Vice President and Global Head, Oracle Practice Infosys:
"Infosys has made significant investments in the latest Oracle technology
stack, tools and methodologies as well as pioneered joint innovation and
co-development of solutions with Oracle. As one of the first Diamond Partners
of Oracle, Infosys has helped clients modernize and enhance their technology
estate to drive tangible business outcomes globally. Our clients recognize the
value Infosys brings to their business, drawing on our deep understanding of
their growth needs, and our long term relationship with Oracle."
About Infosys
Infosys is a global leader in consulting, technology and outsourcing solutions.
We enable clients, in more than 30 countries, to stay a step ahead of emerging
business trends and outperform the competition. We help them transform and
thrive in a changing world by co-creating breakthrough solutions that combine
strategic insights and execution excellence. Visit www.infosys.com to see how
Infosys (NYSE: INFY), with $7.4B in annual revenues and 158,000+ employees, is
Building Tomorrow's Enterprise® today.
Safe Harbor
Certain statements in this release concerning our future growth prospects are
forward-looking statements, which involve a number of risks and uncertainties
that could cause actual results 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
fluctuations in earnings, fluctuations in foreign exchange rates, our ability
to manage growth, intense competition in IT services including those factors
which may affect our cost advantage, wage increases in India, our ability to
attract and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration, restrictions on
immigration, industry segment concentration, our ability to manage our
international operations, reduced demand for technology in our key focus areas,
disruptions in telecommunication networks or system failures, our ability to
successfully complete and integrate potential acquisitions, liability for
damages on our service contracts, the success of the companies in which Infosys
has made strategic investments, withdrawal or expiration of governmental fiscal
incentives, political instability and regional conflicts, legal restrictions on
raising capital or acquiring companies outside India, and unauthorized use of
our intellectual property and general economic conditions affecting our
industry. Additional risks that could affect our future operating results are
more fully described in our United States Securities and Exchange Commission
filings including our Annual Report on Form 20-F for the fiscal year ended
March 31, 2013 and on Form 6-K for the quarter ended December 31, 2013.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.
For further information, please contact:
EMEA Asia Pacific The Americas
Paul de Lara Sukanya Ghosh Tara Kozak-Lindsay
Infosys, UK Infosys, India GolinHarris
+44 2075162748 +91 7829915577 +1-212-373-6020
Paul_deLara@infosys.com Sukanya_Ghosh02@infosys.com TKozakLindsay@golinharris.com