Bengaluru, India – August 30, 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 IDC MarketScape: Worldwide SAP Implementation Services 2022 Vendor Assessment (Doc #US48395822, June 2022). Infosys was recognized for its ability to deliver end-to-end SAP consulting and implementation services across the SAP product landscape including enterprise resource planning, financial management, CRM, HCM, SCM, and analytics.
The IDC MarketScape highlights Infosys’ continued investments in new SAP technologies such as SAP Business Technology Platform, S/4HANA, Spend Management, CRM and CX, SuccessFactors, IBP, and SAP Industry Cloud. Infosys was distinguished for its ability to provide integrated SAP services for organizational change management, SAP-enabled business transformation, business value realization/value governance, and program management.
The report spotlights Infosys’ strategic program, Innov8, a part of Infosys Cobalt, to accelerate cloud adoption and digital transformation journeys using SAP digital solutions. The report notes that IDC views Infosys highly for its innovation/R&D strategy and its go-to-market strategy with SAP alliance ecosystem partners.
Gard Little, research VP, Global Services, Markets & Trends, IDC said, “IDC’s Global SAP Implementation Services Buyer Perception Survey shows that the most critical vendor attribute for successful SAP implementation services is the ability to ‘achieve desired business outcomes’. As a leader in this evaluation, Infosys is well positioned to support clients in this journey by leveraging its industry specific solutions under Infosys Cobalt, its partnerships with SAP, and all hyperscalers to help customers accelerate cloud adoption and digital transformation.”
Dinesh Rao, Executive Vice President, Co-Head of Delivery, Infosys said, "The recognition by the IDC MarketScape is a testament to our excellence in accelerating enterprise digital transformation journeys using SAP solutions. Our differentiated offerings like Infosys Live Enterprise for RISE with SAP, part of Infosys Cobalt, and Innov8 are helping enterprises reduce complexity and accelerate value realization. With deep domain knowledge and consulting-led approach supplemented by focused investments in SAP industry cloud solutions, we remain the preferred partner for enterprise transformation.”
A complimentary excerpt of this report is available here.
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
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.
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 and the US, 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, 2022. 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 more information, please contact: PR_Global@infosys.com