Bangalore and Sao Paulo – February 6, 2014
Infosys, a global leader in consulting, technology and outsourcing, today announced it will establish a new delivery center in Araraquara, Brazil. With this new center, Infosys and its subsidiaries are further expanding their footprint in Latin America with operations across Brazil, Costa Rica, Puerto Rico, Mexico, and Argentina, employing over 1,700 people. The new 100-seat center in Brazil will initially house 25 employees and provide services in SAP Application Management services to Citrosuco, the world’s leading orange juice producer.
Marcelo Barbieri, Mayor of the City of Araraquara:
“For Araraquara in specific and Brazil as a whole, the Infosys investment means an opportunity for creation of new jobs and for local talent to get a chance to work with global technology experts and leading enterprises. Companies like Infosys are creating the right opportunities that our talented people need to build strong careers as well as foster economic growth in Brazil.”
Claudio Elsas, Country Head, Infosys Brazil:
“The new facility in Brazil will be a key part of our global network of delivery centers. It will strengthen our ability to drive innovation and growth for our clients in Latin America. Brazil’s talented workforce, a growing domestic market and a positive environment fostered by the government make this country an attractive destination for us. We will continue to bring the best of our global expertise and experience to accelerate growth and development for our clients and the community in Brazil.”
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 $7.4B in annual revenues and 158,000+ 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 December 31, 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