Infosys Recognized As A Global Leader In Consulting, Solutions And Services For Life Sciences Industry In IDC MarketScape
Report depicts Infosys' strong client relationships, and differentiated offerings
Bangalore, February 23, 2012 - Infosys (NASDAQ: INFY), a global leader in consulting and IT, today announced that it is positioned as a Leader in both IDC Health Insights' IDC MarketScapes, Worldwide Life Science Sales and Marketing IT Outsourcing 2011 Vendor Assessment and Worldwide Life Science Manufacturing and Supply Chain IT Outsourcing 2011 Vendor Assessment.
- Infosys recognized as a Leader in IDC Health Insights' IDC MarketScape: Worldwide Life Science Sales and Marketing IT Outsourcing 2011 Vendor Assessment (Doc # HI231228), November 2011
- Infosys recognized as a Leader in IDC Health Insights' IDC MarketScape: Worldwide Life Science Manufacturing and Supply Chain IT Outsourcing 2011 Vendor Assessment (Doc # HI231819), December 2011
- Infosys has a strong set of differentiated offerings to address the challenges faced by Life Sciences companies in the Sales and Marketing segment & Manufacturing and Supply Chain. More information can be accessed at
The IDC Health Insights evaluated vendors based on factors including customer feedback, industry-specific offerings and experience, breadth of services offered, geographical footprint, technology expertise, and customer service.
Eric Newmark, Program Director, Life Science Business Systems Strategies, IDC Health Insights said "Infosys proves to be a leading player in the life sciences sector, earning high rankings in manufacturing, supply chain, sales and marketing. Their broad portfolio of offerings ranging from consulting to business process outsourcing, combined with strong customer references and strong IT technical skills has helped Infosys become a leader in serving the life sciences industry."
Dheeshjith V. G., Senior Vice President and Global Head of Life Sciences at Infosys said "We are delighted to receive the recognition by IDC. This is a testimony of our strategic long term partnership with our clients globally in their transformation journey towards enhancing research productivity, expanding into emerging markets and improving operational efficiency to differentiate in the market place. Infosys focus on innovation and co-creation with clients will bring newer possibilities for our clients in key areas such as ERP based manufacturing and supply chain transformations, Digital transformation, Mobility and Cloud based high performance computing."
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Infosys Limited
Many of the world's most successful organizations rely on the 145,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise. For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
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, 2011 and on Form 6-K for the quarter ended June 30, 2011, September 30, 2011 and December 31. 2011. 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.