Bangalore, Feb 18, 2013
The Institute of Directors, India recently conferred the prestigious Golden Peacock Award to Infosys Cloud Ecosystem Hub. The award recognizes the Hub as the "Most Innovative Product/Service" of 2012. Infosys edged out over 1000 applicants from 25 countries to win this coveted award. Applicants were evaluated across an exhaustive set of parameters including innovation strategy and practices, innovation infrastructure, commercial success and impact of innovation for customers and third-party endorsements.
Infosys unveiled the Cloud Ecosystem Hub in August 2012. The Hub enables rapid creation, adoption and governance of Cloud services across the ecosystem. Businesses can now accelerate time-to-market of Cloud services by up to 40 percent, improve productivity by up to 20 percent and achieve cost savings of up to 30 percent.
Said Vishnu Bhat, VP and Global Head, Infosys Cloud, "Rapid development and governance of cloud services is an industry-wide need today. The Infosys Cloud Ecosystem Hub is the first solution that helps enterprises build, manage and govern a unified hybrid cloud environment seamlessly. This award further validates our unwavering focus on designing solutions that help address our client's needs to accelerate innovation and growth."
Infosys collaborates with over 30 of the world’s leading providers of Cloud infrastructure, applications and platforms including Amazon Web Services, CA Technologies, Dell, Hitachi Data Systems, HP, IBM, Microsoft and VMware among others. As a Cloud ecosystem integrator, Infosys brings industry-leading Cloud capabilities while providing the convenience of single-point accountability.
The Institute of Directors was established in India on July 13, 1990 as an association of directors to improve their professional competence. But it was soon obvious that the group had far greater potential in the life of the nation. The Institute embraced boardroom development as a whole and then organization-wide transformation. In the last two decades, IOD India has grown to associate with more than 30,000 senior executives representing prominent organizations from both the private and public sectors worldwide. The Golden Peacock Awards instituted by IOD aim to improve the competitiveness of organizations around the world. No business award today receives the kind of recognition and adulation among peers than does the Golden Peacock. Further details can be found at http://www.goldenpeacockawards.com/about-us.htm.
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 (NYSE: 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, September 30, 2012 and December 31, 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, unless required by law.
For further information, please contact: PR_Global@infosys.com