BANGALORE, Aug. 19, 2015 /CNW/ - Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, has been inducted into the 'Winner's Circle' in the inaugural Application Testing Services HfS Blueprint report by leading analyst firm HfS Research. Companies that demonstrate excellence in execution and innovation are placed in the 'Winner's Circle' by HfS.
- The report acknowledges Infosys for its broad set of industry specific assets and investments in testing innovation.
- HfS commends Infosys for being among the leaders in applying automation concepts to testing with the development of Test Automation Framework.
- IP in the Energy sector such as Advanced Metering Infrastructure and Energy Trading and Risk Management are reported as market differentiators created by Infosys.
- The report references the company's market leadership in Australia with in-depth engagements with key banking clients.
Ravi Kumar, Executive Vice President and Chief Delivery Officer, Infosys:
"Enterprises today expect higher business assurance of applications and products with emphasis on reliability, high resilience, and predictability. Infosys is bringing a paradigm shift in compliance assurance and business process validation through our progressive automation technologies. This enables faster ROI for our clients with enhanced turnaround and deeper accuracy. We believe we are well positioned to continue to lead the market as automated testing drives transformation in the industry."
Tom Reuner, Managing Director for IT Outsourcing Research, HfS:
"The Application Testing Services market is one of the fastest growing markets in the IT industry today with the potential of becoming a multi-billion dollar business in less than five years. With many different end-user devices now in use, efficient application testing is becoming a necessity. In our research, Infosys stood out significantly in the ANZ region by virtue of its strength in automation around compliance assurance and business process validation."
Infosys is a global leader in consulting, technology, outsourcing and next-generation services. We enable clients, in more than 50 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 http://www.infosys.com to see how Infosys (NYSE: INFY), with US$ 8.7 billion in annual revenues and 179,000+ employees, is helping enterprises renew themselves while also creating new avenues to generate value.
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, 2015. These filings are available at http://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. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. 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.