REG-Infosys Ltd: Infosys a Leader in Gartner Magic Quadrant

Tue Feb 19, 2013 7:21am EST

* Reuters is not responsible for the content in this press release.

Infosys Positioned as a Leader in Gartner Magic Quadrant            
        for Oracle Applications Management Service Providers, Worldwide        

       Evaluation Based on Completeness of Vision and Ability to Execute       

Bangalore, February 19, 2013: Gartner has positioned Infosys as a leader in its
first-ever Magic Quadrant for Oracle Application Management Service Providers,
Worldwide.

"We believe Infosys has a very strong vision for the market, especially in
helping our clients optimize operations and move to more efficient application
management services," said Ravi Kumar S., Vice President and Global Head, 
Oracle Practice, Infosys. "We are aligning strategic investments and are
expanding our joint centers of excellence with Oracle to better help clients
increase productivity."

According to the report, "End-user spending on application outsourcing
worldwide will be worth $40 billion in 2012."

To be included in this magic quadrant report, a company must have a minimum of
$100 million of external revenue for fiscal year 2011 per application suite in
Oracle and Oracle application management services worldwide. Companies must
have demonstrated Oracle application management services revenue from clients
in at least three of the following four regions, with at least five separate
clients per region: North America, Latin America, EMEA, and Asia/Pacific and
Japan. Such clients can be global clients with subsidiaries or local or
regional clients.

The full report can be downloaded here: http://isinfwp1/Oracle/
features-opinions/Pages/oracle-application-management-leader.aspx.

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

About Infosys

Infosys partners with global enterprises to drive their innovation-led growth.
That's why Forbes ranked Infosys 19th among the top 100 most innovative
companies. As a leading provider of next-generation consulting, technology and
outsourcing solutions, Infosys helps clients in more than 30 countries realize
their goals.

Visit www.infosys.com and see how Infosys (NYSE: INFY), with its 150,000+
people, 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, 2012 and on Form 6-K for the quarter ended June 30, 2012, September
30, 2012 and December 31, 2012. 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 required by law.

For Further information please contact:

Asia Pacific                 EMEA                      The Americas             
                                                                                
Abhijith Karthikeya D        Paul De Lara              Jay Barta                
                                                                                
Infosys, India               Infosys, UK               Infosys, US              
                                                                                
Phone: +91 80 41563373       Phone: +44 2075162748     Phone: +1-510-926-7840   
                                                                                
Abhijith_Damodar@infosys.com Paul_deLara@infosys.com   Jay_Barta@Infosys.com    

Source: Gartner, "Magic Quadrant for Oracle Application Management Service
Providers, Worldwide" Christopher Ambrose, Gilbert van der Heiden, Helen
Huntley, 20 December 2012.

                                                                               


END
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.