Infosys Positioned as a 'Leader' in Gartner's 2020 Magic Quadrant for Oracle Cloud Applications Services, Worldwide
PR85172
Bengaluru, India, August 18, 2020 /PRNewswire=KYODO JBN/ --
Infosys[https://www.infosys.com/] (NYSE: INFY), a global leader in
next-generation digital services and consulting, today announced that Gartner
Inc. has positioned Infosys as a Leader in its May 2020 Magic Quadrant for
Oracle Cloud Applications Services, Worldwide. We consider this positioning by
Gartner as validation of our capacity to deliver and carry out tech-powered
Oracle cloud application solutions for large, global clients in a
cost-effective and bundled manner.
For the report, Gartner evaluated 19 service providers on two primary criteria
– completeness of vision and ability to execute. According to the report, the
vendors who are positioned as Leaders are "performing well today, gaining
traction and mind share in the market; they have a clear vision of market
direction and are actively building competencies to sustain their leadership
position in the market."
Dinesh Rao, EVP and Global Head – Enterprise Application Services, Infosys
said, "From our view, this recognition reflects our commitment towards driving
customer success and continued excellence in delivering Oracle cloud
application services. Leveraging our unique solutions, global innovation hubs
and a creative pool of talent, we have been delivering tangible results for our
clients across industries. We believe that being acknowledged as a Leader in
Gartner's Magic Quadrant validates the investments we have made to help
transform our clients to resilient live enterprises."
"At Harmonic, we had a critical and complex Agile implementation ahead of us
which required a partner with global reach, proven industry capability and
continuous investment in innovation. With Infosys' rich experience in
multifunction transformation, framework-driven approach, and superlative tools
and accelerators, we were able to successfully carry out the implementation in
record time. We look forward to our continued partnership with Infosys as we
prepare to accomplish many more milestones," said Santhosh Kumar, VP IT
Applications & PMO, Harmonic Inc.
Kim Nicolaus, NGPS' Program Director & Digital Transformation Director at DNV
GL (Business Assurance) commented, "The implementation of NGPS (Next Generation
Production System) is a critical milestone in the digitisation journey of the
Business Assurance unit of DNV GL, unbundling our various business processes
into the Oracle Cloud suite. Infosys partnered with us on this challenging
journey, supporting us with the integration of more than 7 applications and
systems, across more than one hundred countries serving over 100,000 customers.
Together we deployed NGPS within time, resulting in a smooth transition and
positive outcome for our digital transformation programme."
A complimentary copy of the Magic Quadrant for Oracle Cloud Applications
Services, Worldwide report can be accessed here[
Gartner Disclaimer
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 or other designation. 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 merchant ability or fitness for a particular purpose.
About Infosys Ltd.
Infosys is a global leader in next-generation digital services and consulting.
We enable clients in 46 countries to navigate their digital transformation.
With nearly four decades of experience in managing the systems and workings of
global enterprises, we expertly steer our clients through their digital
journey. We do it by enabling the enterprise with an AI-powered core that helps
prioritize the execution of change. We also empower the business with agile
digital at scale to deliver unprecedented levels of performance and customer
delight. Our always-on learning agenda drives their continuous improvement
through building and transferring digital skills, expertise, and ideas from our
innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise
navigate your next.
Safe Harbor
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, 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, 2020. 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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Source: Infosys
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