The Award Recognizes Infosys' commitment Towards Building a Knowledge Based Approach for Execution Excellence
Bangalore, India, October 17, 2011
Infosys Limited (NASDAQ: INFY) has been announced as a winner of the prestigious Asian Most Admired Knowledge Enterprises (MAKE) 2011 by Teleos, in association with The KNOW Network. This is the ninth time that Infosys has bagged the Asian MAKE Award which recognizes Asia's leading organizations for their ability to leverage enterprise knowledge to deliver superior performance in the areas of innovation, operational effectiveness and excellence in products and services.
The award was announced at the World Knowledge Forum (WKF) held in Seoul on October 12, 2011.
The panel of MAKE 2011 has recognized Infosys for its organizational learning. One of the defining aspects of Infosys knowledge management program is the way it has translated market developments and challenges into significant drivers of growth through an effective management of organizational knowledge. Predicated on the Learn Once, Use Anywhere motto, the company has evolved an integrated approach to the management of its knowledge capital focusing not only on the core dimensions of knowledge, people, technology and process but also on measurement, quality and maturity assessment.
Speaking on this occasion, Mr. Srikantan Moorthy, Senior Vice President and Group Head, Education & Research, Infosys Limited, said, "We are delighted to know that Infosys has been chosen for the Asian MAKE award for the ninth time now. In today's dynamic environment effective knowledge creation and flawless distribution are the hallmarks of sound leadership. At Infosys we have always strived to create an environment for collaborative knowledge sharing. We firmly believe that a strong Knowledge Management program will help us achieve our objective of offering world class services to our valued clients across the globe. We see this award as yet another milestone in our journey towards fulfilling this commitment."
Acknowledging the award Ms. A. Latha, Associate Vice President, Knowledge Management Group, Infosys Limited, said, "Our aim is to accelerate client satisfaction by creating a culture of collaborative knowledge sharing and by delivering knowledge-based solutions across the organization through effective systems and practices. We intend to heavily focus on promoting the culture of knowledge management across all levels as this initiative will play a pivotal role in adapting to changing technologies and scaling up our employee aspirations."
Infosys was chosen as a winner of this award from among 78 leading global organizations founded and headquartered in Asia. The panel consisted of Asian-based Global Fortune 500 senior executives and internationally-acclaimed knowledge management and intellectual capital experts. The panel has chosen the winners based on their competitive advantage in the areas of innovation, operational effectiveness, and excellence in products and services.
Infosys was the first Indian company to win the Global MAKE award in 2003 as well as to be inducted into the Global MAKE Hall of Fame in 2005. The company has been ranked among the Global MAKE winners seven times in the past and has also won the Indian MAKE Award six times previously.
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, December 30, 2011 and September 30, 2010.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.
Many of the world's most successful organizations rely on the 142,000 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
Teleos, an independent knowledge management and intellectual capital research company, administers the Most Admired Knowledge Enterprises (MAKE) program. The KNOW Network http://www.knowledgebusiness.com - is a Web-based global community of organizations dedicated to networking, benchmarking and sharing best knowledge practices leading to superior business performance. The MAKE research program consists of the annual Global MAKE study - the international benchmark for best practice knowledge organizations. In addition, MAKE studies are conducted to identify leading knowledge-driven organizations at the regional/national level, such as in Asia, Europe, India, Indonesia, Japan and North America.
For further information, please contact: PR_Global@infosys.com