Infosys Positioned as a Leader in the Everest Group PEAK Matrix(R) for Cloud-native Application Development Service Providers 2020
PR86607
BENGALURU, India, Nov. 13, 2020 /PRNewswire=KYODO JBN/--
Infosys [https://www.infosys.com/] (NYSE: INFY), the global leader in
next-generation digital services and consulting, today announced that it has
been positioned as a Leader in Everest Group's PEAK Matrix(R) for Cloud-native
Application Development Service Providers 2020. Infosys was recognized for its
ability to help organizations augment their digital capabilities, modernize
their core systems, and deliver design-led experiences in an agile manner.
Backed by deep domain expertise and experience, Infosys leverages platforms
such as Infosys PolyCloud Platform
https://www.infosys.com/services/cloud-cobalt/offerings/multi-cloud-made-easy.html]
and Infosys Cloud Native Development Platform
https://www.infosys.com/services/open-source/offerings/cloud-native-development.html],
part of Infosys Cobalt [https://www.infosys.com/services/cloud-cobalt.html], to
simplify and accelerate cloud native journey for its clients.
Everest Group assessed 21 leading service providers through a multi-phased
research and analysis process for their vision and capabilities in the
cloud-native applications development space. Infosys' cloud-native application
development services include API, microservices, PaaS, observability, security,
and DevSecOps.
The key highlights of the report include:
- Design thinking approach and joint workshops with clients that have
helped build and demonstrate POCs, thus, fostering client confidence
- Mature set of tools and accelerators that enable predictability and
consistency in its cloud-native engagements
- Strong pool of domain experts across industry verticals, which enables
it to contextualize cloud-native solutions with a better understanding
of clients' businesses
- Infosys' upskilling initiatives that help provide consistent and quality
delivery teams in cloud-native engagements
- Extensive partnership with ISVs and cloud service providers to develop
joint solutions and enhanced service offerings for clients
"Rapidly evolving market conditions have put unprecedented pressure on
enterprises to differentiate themselves and find more agile, scalable, and
cost-effective means to develop applications. In response, they are
increasingly relying on cloud-native development," said Alisha Mittal, Practice
Director, Everest Group. "Infosys is enabling its clients to develop resilient
cloud-native applications leveraging Infosys Cobalt
[https://www.infosys.com/services/cloud-cobalt.html], a set of services,
solutions, and platforms for enterprises to accelerate their cloud journey.
Infosys' clients also appreciate its talent initiatives, design thinking
approach, and domain expertise across industry verticals."
"Cloud native applications and technologies are the way forward to drive
innovation, resilience and deliver well-recognized business value to customers.
It is an ideal approach for enterprises that are looking to build and run
responsive, scalable, and fault-agnostic apps across public, private, or hybrid
clouds," said Shaji Mathew, Executive Vice President, Infosys. "Our positioning
as a Leader in the report validates our deep domain knowledge backed by
offerings from Infosys Cobalt
[https://www.infosys.com/services/cloud-cobalt.html] to contextualize
cloud-native solutions specific to our clients' businesses across industry
verticals."
A complimentary custom copy of Everest Group PEAK Matrix(R) for
Cloud-native Application Development Service Providers 2020 can be accessed
here:
About Infosys
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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