Infosys wins Oracle Specialized Partner of the Year in Financial Management and Human Capital Management awards. Oracle also recognizes Ricoh Europe, an Infosys Business Partner, for an Oracle Excellence Award: Eco-Enterprise Innovation.
SAN FRANCISCO, October 4, 2012
– Oracle today presented Infosys with the Oracle Excellence Award for Specialized Partner of the Year – North America in both the Financial Management and Human Capital Management categories. It also recognized Ricoh, an Infosys Business Partner, for an Oracle Excellence Award: Eco-Enterprise Innovation.
Oracle Excellence Award: Eco-Enterprise Innovation recognizes customers for reducing their environmental footprints while reducing costs using Oracle products. Working with Infosys and using Oracle's ERP and CRM platform and underlying technology, Ricoh Europe eliminated approximately 1,400 servers as part of its transformation, shrinking its carbon footprint by 85 percent. Ricoh's carbon dioxide reduction of 19,000 tons is equivalent to taking 106 cars off the road.
"We wanted the most secure infrastructure without increasing our carbon emissions," said Ian Winham, Executive Vice President and Chief Financial Officer at Ricoh Europe. "Infosys helped us achieve these goals. Like Infosys, we firmly believe that sustainability, innovation and profitability sit together at the core of our company."
The Oracle Excellence Awards for Specialized Partner of the Year – North America encourages innovation by Oracle Partner Network members that use the company's products and technology to create value for customers and generate new business.
"Oracle and Infosys are strategic partners that help clients like Ricoh transform their businesses," said Ravi Kumar S., Vice President and Global Head of the Oracle practice at Infosys. "These awards show just how hard we work to help our clients build tomorrow's enterprises."
Infosys also received awards in both the Financial Management and Human Capital Management categories. These awards reflect the success that Infosys has had at adopting the Oracle PartnerNetwork's Specialized approach, a formal review process implemented by Oracle to acknowledge capabilities in key areas.
"Infosys has demonstrated an outstanding level of innovation by winning these three awards. Infosys delivers proven Oracle-based Eco-Enterprise, Financial and Human Capital Management solutions that solve our joint customers' most critical business challenges," said Andy Bailey, senior vice president, Strategic Alliances, Oracle. "These achievements are a testament to its dedication to excellence and to providing customer solutions that drive real business value."
Infosys is a Diamond level member of Oracle PartnerNetwork.
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 September 30, 2011, December 31, 2011 and June 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.
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners.
Striving for success is what drives Oracle and its customers and partners to continually discover innovative uses for Oracle technology and to deploy successful and ground-breaking solutions and best practices. The Oracle Excellence Award recognizes customers and partners that have excelled in driving business value together with Oracle in eleven different award categories. Full details are available on our Website.
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