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Infosys Recognized as a Leader in the 2022 Gartner® Magic Quadrant™ for Oracle Cloud Applications Services, Worldwide

Bengaluru, India – June 21, 2022

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been positioned as a Leader in the 2022 Gartner® Magic Quadrant™ for Oracle Cloud Applications (OCA) Services, Worldwide. This is the third consecutive year that Infosys has been recognized as a Leader by Gartner for Oracle Cloud Application Services.

Gartner comprehensively assessed the global capabilities of 19 Oracle Cloud vendors based on two criteria – ability to execute and completeness of vision. The report’s authors note, “The growth of OCA with vendors is a combination of overall Oracle growth along with a pivot from on-premises services. For this Magic Quadrant, cloud practice growth is a strong indicator of vision, as well as execution.”

Dinesh Rao, Executive Vice President, Co-Head of Delivery, Infosys, said, “There is a significant growth in enterprises globally looking to transform their business landscape through Oracle Cloud Application with an emphasis on the need for a noiseless transition. Infosys believes recognition in the Leaders’ Quadrant validates our relentless focus on accelerating clients’ Oracle Cloud transformation journeys and delivering top-notch Oracle Cloud Application services as part of Infosys Cobalt. With the advent of newer business use cases for AI, IoT, and blockchain developing maturity in the Oracle Cloud space, we at Infosys will continue to further our spectrum of offerings and explore new ways of improving business outcomes for our clients.”

Infosys is a global strategic partner of Oracle, and it helps global enterprises modernize legacy applications and accelerate their cloud transformation journeys with the help of Infosys Cobalt cloud offerings. Infosys leverages its IP, domain, and industry knowledge, to ensure that enterprises can quickly process information, take intelligent decisions, and respond to market forces in real-time.

 

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Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and MAGIC QUADRANT are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

 

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in more than 50 countries, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

 

Safe Harbor

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, 2021. 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.

 

Media contacts:

For more information contact: PR_Global@infosys.com