The Only Indian company to win this award
Bangalore, December 1, 2004
Infosys Technologies has won the prestigious Global MAKE (Most Admired Knowledge Enterprises) award, for the year 2004. Infosys won the award for the second time in a row, and remains the only Indian company to have ever been named a Global Most Admired Knowledge Enterprise. It may be recalled that Infosys won the award for the first time in 2003.
The seventh annual Global MAKE study recognizes Infosys for its strengths in the following knowledge performance dimensions:
The MAKE programme is administered by Teleos , an independent Knowledge Management Research Company. The MAKE research program consists of the annual Global MAKE study - the international benchmark for best practice knowledge organizations, and similar studies at regional/national levels.
Announcing the awards, Rory Chase, Managing Director of Teleos , said: "The Global MAKE Winners are effectively transforming enterprise knowledge into wealth - creating ideas, products and solutions. They are building portfolios of intellectual capital and intangible assets which will enable them to out - perform their competitors in the future."
Acknowledging the award, K. Dinesh, Co - founder and Member of Board, Infosys Technologies said, "We are delighted to be ranked among the world'sMost Admired Knowledge Enterprises in the 2004 Global MAKE study. At Infosys, knowledge management (KM) is central to a core strategy to provide differentiated value to customers and enable their business do better and become more competitive. Knowledge in its different manifestations continues to be critical to our efforts to provide superior value based on our commitment to innovation and excellence in execution."
A panel of Global Fortune 500 senior executives and internationally recognized knowledge management experts chose the 2004 Global MAKE Winners. The panel rated organizations against a framework of eight key knowledge performance dimensions, which are the visible drivers of competitive advantage.
The winners of the 7th annual Global MAKE study, conducted by Teleos in association with The KNOW Network, are (in alphabetical order):
Accenture, Amazon. com, BP, Buckman Laboratories, Dell Computer, Ernst & Young, General Electric, Hewlett - Packard, IBM, Infosys Technologies , Intel, McKinsey & Company, Microsoft, PricewaterhouseCoopers, Royal Dutch/Shell, Samsung Group, Siemens, Toyota Motor, World Bank and Xerox.
Reacting to the award, Dr. J. K. Suresh, Associate Vice President and Principal Knowledge Manager, Infosys Technologies, said, " Through the development of a culture of beneficent knowledge exchange across the enterprise, Infosys has been able to create a sustained environment for continuous learning and collaboration among people across geographies and functions. This in turn facilitates optimal value delivery of knowledge infused services and products to customers."
The study illustrates how creating a knowledge - driven organization yields big dividends. One of the clearest metrics to demonstrate this fact is Total Return to Shareholders (TRS). For the ten - year period 1993 - 2003, the TRS for the publicly - traded 2004 Global MAKE Winners and Finalists was nearly double that of the Fortune 500 company median.
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 1,00,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit www.infosys.com
Teleos is an independent research firm specializing in knowledge management and intellectual capital management. In 1999, Teleos founded The KNOW Network, a Web - based global community of leading knowledge - based organizations dedicated to achieving superior performance through benchmarking, networking, and sharing best knowledge practices. For more information, visit www.knowledgebusiness.com
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31, 2008, and our other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.
For further information, please contact: PR_Global@infosys.com