Infosys Named a Leading AO Provider, citing strong solution strategy and capability across virtually every aspect of Applications Outsourcing
Bangalore, India, May 2, 2007
Infosys Technologies Limited (NASDAQ: INFY) today announced that it has received the top score for overall strategy in applications outsourcing (AO) among North American AO providers, according to Forrester Research, a leading industry analyst firm. In giving Infosys the highest overall strategy score amongst 13 leading providers of application outsourcing in its Forrester WaveT: North American Applications Outsourcing, Q1 2007 report (April 2007), Forrester rigorously and methodically examined all the vendors' solutions, concluding that "Infosys leads all providers in strategy."
The report cites Infosys for its strong capability across virtually every aspect of AO and strong reputation for cultural fit among North American customers, allowing Infosys to compete effectively with MNCs and offshore rivals alike. The report describes Infosys' strong solution strategy, including a particularly strong vision for improving internal productivity.
The Infosys Vendor Summary for The Forrester Wave™: North American Applications Outsourcing also reads "Infosys' solution strategy envisions a world in which a variety of outsourcing providers serve a single customer. In other words, Infosys is living in the real world. Its vision is strong on what it describes as Modular Global Sourcing, in which various suppliers work together to deliver innovation in the customer environment, and it has adjusted its vision for engagement governance accordingly."
"Three years ago, we announced our vision for Modular Global Sourcing emphasizing the importance of modular thinking in sourcing strategy and decisions. Being named a leader in this prestigious report is proof positive that our vision is becoming a reality today," said Suketu Patel, head of Strategic Global Sourcing, Infosys. "By applying the fundamental concepts of modularization to business process and IT services sourcing, Infosys is helping customers realize operational efficiencies and enabling business innovation."
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 72,000 employees in over 39 offices worldwide. Infosys is part of the NASDAQ-100 Index. For more information, visit www.infosys.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 2007 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.
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