BENGALURU, India, Feb. 21, 2018 /CNW/ - Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, has been positioned as a Leader in The Forrester Wave™: Applications Management and Digital Operations Services (AMDOS), Q4 2017. The report published by independent research firm Forrester Research Inc. recognizes Infosys with the highest possible scores in the industry momentum, strategy for digital transformation and strategy for personnel criteria.
The Forrester Wave - AMDOS study evaluated 12 top service providers in an in-depth assessment across 26 criteria for capabilities in delivering application management and digital operation services in a growing digital era. These 12 service providers were evaluated under three high-level classifications: current offerings, strategy and market presence.
Ravi Kumar S., President and Deputy Chief Operating Officer, Infosys, said, "Emerging technologies like AI, automation, cognitive computing and machine learning are transforming the IT ecosystem like never before. With this rapid change, it has become imperative for every organization to adopt digitization to deliver enhanced value for its clients. Infosys believes in harnessing automation in the service of digital transformation and this recognition as a Leader by Forrester for AMDOS reaffirms our vision and strategy of focusing on our clients existing business systems and processes by leveraging newer technologies. We believe this recognition echoes our position as a partner of choice for global enterprises in this space."
According to the report published by Forrester, Infosys is one of the largest India-centric outsourcers and has a relatively high percentage of revenues associated with AMDOS. Infosys was among the first of the major global systems integrators (GSIs) to embrace design thinking, and they continue to embrace that philosophy as part of their digital transformation strategy. The firm has continually proven its strengths in legacy modernization, analytics and ERP and we are extremely happy that our research reflects the same about Infosys.
About Infosys Ltd.
Infosys is a global leader in technology services and consulting. We enable clients in 45 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 200,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.
Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.
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, 2017. 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. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. 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.