Infosys BPO Ltd. has been positioned by Gartner, Inc. in the 'Leaders Quadrant' of the Magic Quadrant for Comprehensive
Finance and Accounting BPO, Global report
1. According to the research firm's report, "Leaders are performing well today, both with a clear vision
of market direction and by actively building competencies to sustain their leadership position in the market. The comprehensive
F&A BPO players in this quadrant generally share superior market understanding, have a global client base, an extensive
network of well-distributed and highly populated global delivery centers catering for multiple languages, a good balance
of transactional and high-end F&A delivery and innovative well communicated and marketed sales offerings."
Gautam Thakkar, VP and Global Head for F&A, Infosys BPO Ltd., said, “We believe, being featured in the Leaders Quadrant
in the Gartner F&A BPO Magic Quadrant report re-emphasizes our ability to successfully run de-risked F&A operations
for our clients. We are indeed proud of our ability to partner with our clients to transform their F&A processes
through a suite of technology tools and excellence in transition and operations. We have also made significant investments
to develop deep vertical industry expertise and business value articulation framework which is a strong foundation for
our customers to fundamentally transform their F&A business"
The Magic Quadrants depict markets using a two-dimensional matrix that evaluates vendors based on their completeness of vision
and ability to execute. The report evaluates a qualified group of 16 vendors in the Comprehensive F&A BPO market.
Infosys BPO's F&A unit has been active since 2004 and operates from more than 11 centers in over 7 countries such
as India, China, the Philippines, Czech Republic, Poland, Mexico and Brazil. Testimony to this fact lies in the deals
won by Infosys BPO in the past 18 months. The deals involve a UK mobile firm, a global mining company, and extensions
or renewals of contracts at a global electronics major.
1Gartner, Inc. 'Magic Quadrant for Comprehensive Finance and Accounting BPO, Global' by Cathy Tornbohm,
29 June 2011
About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical
representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors
measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or
service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the
"Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific
guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties
of merchantability or fitness for a particular purpose.
About Infosys BPO
Infosys BPO Ltd.
www.infosysbpo.com, the Business Process Outsourcing subsidiary of Infosys Limited, was set up in April 2002. Infosys
BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced
costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic,
China, the Philippines, Poland, Mexico, USA and Brazil and as on June 30, 2011 employed approximately 19,631 people.
It closed FY 2010-11 with revenues of $426.8 million.
About Infosys Ltd.
Many of the world’s most successful organizations rely on the 133,000 people of Infosys to deliver measurable business value.
Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries
build tomorrow’s enterprise. For more information about Infosys (NASDAQ: INFY), visit
Infosys Safe Harbor
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, 2011 and on Form 6-K
for the quarters ended September 30, 2010 and December 31, 2010 and June 30, 2011.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.