Infosys Cobalt recognized as a core differentiator among providers for accelerating enterprise cloud journey
Bengaluru, India – April 27, 2021
Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting, today announced that it has been positioned as a Leader in the Everest Group System Integrator Capabilities PEAK Matrix® Assessment 2021 across AWS, Microsoft Azure, and Google Cloud. Through separate assessments, Everest Group recognized Infosys Cobalt as a core market differentiator among system integrators (SIs) across three major hyperscalers. The report also called out that Infosys’ integrated Cobalt strategy is resonating well in the market for expanding innovation with the cloud community and securing globally dispersed enterprises.
For the assessments, Everest Group evaluated over 20 leading system integrators based on an objective, data-driven, and comparative assessment of their absolute market success and delivery capability including service focus, IPs and solutions, domain investments, and success stories. Infosys showcased excellence in helping organizations become resilient and undergo swift digital transformation with a range of services and newer business models. Infosys’ design thinking approach, joint workshops with clients, and ability to demonstrate a clear transformational roadmap during RFPs were cited as key win themes across AWS engagements. The report also highlighted Infosys’ Google specializations on cloud migration and data analytics, as well as expertise in Microsoft Azure services supplemented by marquee wins across all solution areas.
“Public cloud spending is accelerating as the hyperscaler cloud providers AWS, Azure, and GCP help clients drive business transformation. In addition to their vast cloud service offerings, these hyperscalers are also selectively funding clients’ transformation initiatives,” said Yugal Joshi, Vice President, Everest Group. “Our research indicates 87% of cloud-native builds are happening on these three platforms, which indicates strategic cloud adoption. Therefore, enterprises now will need a different operating model to ensure their public cloud journeys are a success. Infosys has invested in its Cobalt Cloud offerings to leverage experience from earlier cloud programs and IP/assets to help clients in this journey.”
“Cloud is the backbone of today’s digital transformation journey that helps enterprises find faster, secure, and more innovative ways to respond to changing market demands. Infosys Cobalt is designed to do just that – provide security, innovation, and speed-to-market that empowers organizations to transform from the core, become responsive, and resilient. Cobalt’s diverse catalog of over 14,000 assets helps businesses leverage the potential of the cloud ecosystem. Additionally, it offers ready access to a growing portfolio of over 200 cloud-first solution blueprints that enable businesses accelerate their speed-to-market, stated Narsimha Rao Mannepalli, Executive Vice President, Head of Cloud & Infrastructure Solutions. “Our leadership positioning by Everest Group across the 3 major hyperscalers is a great recognition of how Cobalt offers a differentiated proposition in the market.”
Complimentary custom copies of Everest Group System Integrator Capabilities PEAK Matrix® Assessment 2021 reports can be accessed here:
Learn more about Infosys Cobalt, key offerings and client stories, please visit: www.infosys.com/cobalt
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements 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 COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, 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, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. 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, 2020. 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.
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