Rating acknowledges Infosys Public Services’ focus on quality and ability to execute IT programs in a predictable manner
Rockville, Maryland – May 19, 2017
Infosys Public Services Inc., a US-based subsidiary of global consulting, technology, outsourcing and next-generation services company Infosys (NYSE: INFY), today announced that it has been appraised at Level 5, the highest maturity level of the CMMI Institute’s Capability Maturity Model Integration (CMMI)®. The appraisal team was led by Edward Weller from Integrated Productivity Solutions, LLC.
CMMI is a performance enhancement model consisting of collected best-practices that guide organizations to improve key capabilities and elevate performance. CMMI’s five maturity levels provide IT organizations with a clear path for improvement. An appraisal at maturity Level 5 indicates that an organization is performing at an ‘optimizing’ level, continually improving its processes based on a quantitative understanding of its business objectives and performance needs, and continuously evolving to adapt to changing stakeholder and customer needs.
The highest rating (level 5) validates Infosys Public Services’ ability to execute high quality, complex IT programs on-time and within budget, and to help clients realize desired returns from their IT investments.
Edward Weller, President, Integrated Productivity Solutions, LLC
"During the appraisal the team saw estimation models developed from statistical analysis of historical data that allow Infosys Public Services teams to do an outstanding job of predicting effort, schedule, and product quality. This capability means commitments to customers are accurate and dependable, which translates to meeting user needs with the right products and services. Infosys Public Services demonstrated the benefits expected of a high maturity organization."
Eric Paternoster, President and CEO, Infosys Public Services
"The CMMI level 5 rating is a significant milestone in our journey to become a premier IT partner to public sector organizations. We use best practices from the CMMI model to incorporate sound software development principles that enable us to predictably execute IT programs using different methodologies - agile, waterfall, iterative. This rating is a validation of our efforts to establish a foundation of processes that balance stability and agility, and equip us to drive our clients’ software-led transformation."
Infosys Public Services (www.infosyspublicservices.com), a North-American subsidiary of Infosys (NYSE: INFY), is a leader in business consulting and technology solutions. We partner with public sector organizations in the US and Canada to help them stay ahead of the innovation curve. Our solutions, combined with execution excellence and proven best practices allow clients to renew themselves while also creating new avenues to generate value.
Infosys is a global leader in technology services and consulting. We enable clients in more than 50 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 2,00,364 innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies, that we bring to every project we undertake.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.
Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, 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, 2016. 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. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. 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