Infosys is a Leader in Gartner's Magic Quadrant for Oracle Application Management Service Providers
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 11 October 2013
Release date- 10102013 - Bangalore - Infosys has been positioned as a leader in Gartner's Magic Quadrant for Oracle Application Management Service Providers, Worldwide, 2013.
Authored by Frances Karamouzis, Gilbert van der Heiden, Ruby Jivan, and Ian Marriott, published on October 3, 2013, the Magic Quadrant compares and evaluates 13 service providers to supply multi-year Oracle Application Management services.
According to Gartner, 'Leaders are performing well today and gaining traction and mindshare in the market. They have a clear vision of the market 's direction and are building competencies to sustain their leadership position in the market.'
This positioning recognizes Infosys for its ability to execute and completeness of vision
Evaluation criteria for this Magic Quadrant:
Ability to execute : IT Services providers are evaluated on the quality and efficacy of their processes, systems, methods or procedures that enable IT performance to be competitive, efficient and effective, and to positively impact revenue, retention and reputation
Completeness of vision : IT services providers are evaluated on their ability to convincingly articulate logical statements about current and future market direction, innovation, customer needs, and competitive forces
Ravi Kumar S., Senior Vice President, Global Oracle practice leader, Infosys:
'Infosys has always put impetus on innovation, excellence and world-class service delivery for our clients. We have made significant investments in developing new solutions, tools and methodologies to provide our clients with enhanced expertise and better application management services. We are honored to be positioned as a leader once again for Oracle Application Management services by Gartner and we believe this is an acknowledgment of our unmatched service capabilities and our promise to deliver for clients.'
About Gartner's Magic Quadrant
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. Gartner research publications consist of the opinions of Gartner's research 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.
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 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 $7.4B in annual revenues and 155,000+ employees, is Building Tomorrow's Enterprise today.
Certain statements in this release concerning our future growth prospects are forward-looking statements, 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, 2013 and on Form 6-K for the quarter ended June 30, 2013. 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.
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