Infosys BPO Ltd. today announced that it has been awarded the 2012 Optimas Award for 'Managing Change'. The prestigious
award, recognizing exemplary achievements in workforce management, was won by Infosys BPO for its success in integrating
new employees from around the globe. Workforce is a globally renowned organization that provides guidance to human resource
professionals on creating and operating employee benefit programs.
Infosys BPO's growth strategy involves expanding its presence in various geographies and domains, through organic as
well as inorganic growth. In keeping with this, the acquisitions made by the company over the past few years, have led
to change-related concerns such as people, processes, systems and benefits alignment, among others. To address these
issues, Infosys BPO carried out successful communication campaigns post due diligence around liability risk, cultural
differences, workforce composition, organizational effectiveness, leadership, performance management, and alignment of
compensation and benefits.
Speaking about the award, Raghavendra K., Vice President and Head - Human Resources Development, Infosys BPO said, "This
is a significant recognition for us. We continue to work tirelessly to ensure continuous innovation while diversifying
our market presence and enhancing our capabilities. The idea is to synergize and enhance the value proposition of our
partnerships. We have successfully overcome the challenges faced during and post acquisitions done by us in the past
few years, reiterating our expertise in managing change effectively."
Andrea Whitney, Director of Content Strategy for Workforce said, "Infosys BPO was a clear choice in the category of
managing change. Handling the complexity of three acquisitions in a short time period with such rigor, sensitivity and
proactivity was a clear differentiator to the business and Workforce."
About Workforce's Optimas Award
Since 1991, the annual Optimas Awards celebrate HR's success at solving some of the biggest business challenges of our
time. Each year, 10 Optimas Awards are given by Workforce Management to recognize human resources and workforce management
initiatives that achieve business results for the organization. The award is given in the following categories: Financial
Impact, Global Outlook, Innovation, Managing Change, Partnership, Corporate Citizenship, Service, Vision, Competitive
Advantage, and General Excellence. Judges look for organizations whose initiatives have a h4 human resources component
and an emphasis on bottom-line business results. For more information, visit
www.Workforce.com.
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,
Poland, Mexico, Brazil, USA, China, the Philippines and Australia, and as on September 30, 2012, employed 24,056 people.
It closed FY 2011-12 with revenues of $494.5 million.
About Infosys
Infosys partners with global enterprises to drive their innovation-led growth. That's why Forbes ranked Infosys 19th
among the top 100 most innovative companies. As a leading provider of next-generation consulting, technology, and outsourcing
solutions, Infosys helps clients in more than 30 countries realize their goals. Visit
www.infosys.com and see how Infosys (NASDAQ: INFY), with its 150,000+ people, is Building Tomorrow's Enterprise
® today.
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, 2012 and on Form 6-K
for the quarters ended December 31, 2011, June 30, 2012 and September 30, 2012.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.
