Infosys Named A Leader In IDC MarketScape: Worldwide Oracle Implementation Ecosystem
New York, November 29, 2012: Infosys has been named a global leader in implementing Oracle systems, according to the IDC MarketScape report: Worldwide Oracle Implementation Ecosystem 2012 Vendor Analysis1.
Infosys is one of the only two players in the global “Leaders” category. The IDC MarketScape report covers a variety of vendors participating in the worldwide Oracle implementation ecosystem market. The evaluation is based on a comprehensive and rigorous framework that assesses each vendor relative to the criteria and to one another. The framework highlights the factors expected to be the most influential for success in the market in both the short term and the long term.
According to the report, Infosys is a global leader based on the company's end-to-end consulting and systems integration services on Oracle platforms for services ranging from business consulting to technical consulting. This includes integrated services for organizational change management, business value realization/ value governance, training services, and program management. Infosys has also made significant investments in key strategic areas including preconfigured industry solutions for acceleration, fusion applications, mobility, cloud and big data, to further align with Oracle's strategic direction in the market.
"IDC's selection of Infosys as a leader again this year underscores the work we're doing with Oracle and our commitment to this market," said Ravi Kumar S., Vice President and Head of Oracle Practice, Infosys. "Our clients already know that we deliver best-in-class Oracle solutions for various industries, and IDC's positioning of Infosys as a leader in Oracle implementation services worldwide further supports the view of our clients. We continue to make strategic investments in innovation, product development, joint research and development with Oracle to build on our capabilities."
Infosys is an Oracle Diamond Partner and leverages its partnership with Oracle in the market as well as in co-development initiatives, including Infosys-Oracle joint innovation centers located in Redwood Shores, California and in Shanghai, China.
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.
1IDC MarketScape: [WorldWide Oracle Implementation Ecosystem 2012], doc #237327, October 2012
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 (NASDAQ: INFY), with its 150,000+ people, is Building Tomorrow's Enterprise® today.
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 quarters ended, June 30, 2012 and September 30, 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.