Infosys BPO positioned in Leaders Quadrant of Magic Quadrant for Comprehensive Finance and Accounting BPO
Bangalore, India - January 14, 2010: Infosys BPO Ltd. today announced that it has been positioned by Gartner, Inc. in the 'Leaders Quadrant' in the 2009 Magic Quadrant for Comprehensive Finance and Accounting (F&A) BPO report1. 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. They 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 sales offerings."
Gautam Thakkar, VP and Global Head for F&A, Infosys BPO Ltd, said, "We believe that our position in the Leaders Quadrant is testimony to our ability in the seamless delivery of end-to-end F&A services from multiple global locations. In a considerably short span of 5 years, we have been able to scale great heights and significantly transform the finance processes of our clients. We have been able to leverage our extensive technology capabilities, clearly shaping the vision for the next generation of F&A outsourcing. We feel this recognition validates our strategy and the significant investments that we have made in our F&A practice to improve our pipeline and add measurable business value to our clients."
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 13 vendors in the Comprehensive F&A BPO market.
As a leader in Comprehensive F&A BPO transformation, Infosys BPO Ltd provides services to 44 clients and has been acknowledged by top industry analysts. Infosys has been listed as a Top Enterprise Provider in FAO Today's 2008 annual survey. The company has also won a series of awards in this space, including The FAO Today - Provider of the Year Award 2008. Senior Infosys BPO executives were also featured in FAO Today's Superstars list in 2008.
1 Gartner, Inc. 'Magic Quadrant for Comprehensive Finance and Accounting BPO' by Cathy Tornbohm, 17 December 2009