Report Cites That Infosys Brings 'IoT Vision Into Reality' Through its Partnership With Academia, Consortiums and Industry Partners
BANGALORE, Oct. 13, 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 HfS IoT Services Blueprint report 2015 by leading analyst firm HfS Research. Companies that demonstrate excellence in execution and innovation are placed in the 'Winner's Circle' by HfS.
- The engineering services unit of Infosys spearheads the company's IoT activities. This has been commended by HfS in the report
- The report commends Infosys for understanding the criticality of security in IoT, and highlights the company's strong capabilities across the IoT stack
- The company's ability to stay focused on projects and turn vision into reality in such a dynamic and complex environment was listed as a key strength
- Infosys was called out for its employees being able to blend seamlessly into their clients' culture, and for helping them make decisions, much like internal associates
Ravi Kumar, Executive Vice President and Chief Delivery Officer, Infosys:
"The integration of physical and digital worlds is one of the defining challenges of our time. We are working in partnership with academia, consortiums and industry partners to ensure that we solve the business challenges companies face today, and help them find and navigate the frontiers of tomorrow."
Charles Sutherland, Chief Research Officer, HfS Research:
"HfS Research rigorously evaluated 18 leading service providers on their capabilities across IoT Consulting, Enablement, Connectivity, Integration and Management, and recognized Infosys as a member of our 'Winner's Circle'. We cited Infosys for their ability to bring IoT vision to reality, backed by a strong culture of engineering services, and a deep understanding of system complexities that must be addressed to develop IoT services for the future."
About Infosys Ltd:
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 www.infosys.com to see how Infosys (NYSE: INFY), with US$ 8.7 billion in annual revenues and 187,000+ 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 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.