Bangalore — October 8, 2013
Zinnov, a leading independent management consulting firm, has positioned Infosys Engineering Services as a leader in its Global Service Provider Ratings (GSPR) 2013. The study recognizes Infosys Engineering Services as a leader across segments like aerospace, automotive, telecommunications, consumer electronics, energy, enterprise software, and consumer software. The ability to scale up competence across verticals through a strong training engine for engineering R&D, in the form of the Infosys Engineering Academy, gives the company a definite edge, notes the study. It also mentions that Infosys is strengthening and growing its presence in specialty areas like semiconductor and electronics, in addition to other areas.
The GSPR is an annual exercise undertaken to assist business leaders in making the right decisions in partner selection across geographies. Over 75 companies were evaluated on their vertical presence, client base, R&D focus, and organization size for the 2013 study. The companies were assessed on their ability to deliver from concept to ‘go to market’, investments in infrastructure, niche capabilities, innovation culture, and IP generation. The evaluation also looked at the leadership role played by these companies in forging alliances, leveraging start-ups, co-creating with customers, and academic research.
Infosys is one of the fastest growing engineering service providers in the market today, with strong capabilities serving multiple verticals. With 8500+ engineers and client partnerships with Global 500 companies in more than 30 countries, Infosys Engineering Services provides a wide range of services for the complete engineering product lifecycle, ranging from product ideation to realization and sustenance.Quotes
Sudip Singh, Vice President and Head — Engineering Services, Infosys:"Our ranking in the 2013 Global Service Provider Ratings assessment is a clear reflection of our leadership in the engineering services business. At Infosys Engineering Services, we have invested systematically to develop capabilities. Specifically, our investments in the Infosys Engineering Academy, for enhancing the skills of employees across various verticals, has been well received and is allowing us to align strongly with clients’ requirements. With established strengths across domains, our value proposition is comprehensive and we are committed to providing clients the end-to-end support they need to build global product lines and solutions."
Founded in 2002, Zinnov — meaning Zeal in Innovation — is a leading independent management consulting company providing advisory services in the area of Global Sourcing, Emerging Markets Expansion and Human Capital Optimization to Fortune 500 and reputed SMB companies. Zinnov works collectively with clients to tackle prevailing organizational challenges by analyzing the changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques, provides solutions that help in integrating organizational vision, business definition and processes.
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients in more than 30 countries to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.
Visit www.infosys.com to see how Infosys (NYSE: INFY), with US$7.4B in annual revenues and 155,000+ employees, 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, 2013 and on Form 6-K for the quarter ended June 30, 2013. 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 it is required by law.
For further information, please contact: PR_Global@infosys.com