Infosys, a global leader in consulting, technology and outsourcing, today announced that its BPO subsidiary has been placed
in the 'Winner's Circle' in the HfS Blueprint Report for Procurement Outsourcing (PO) services. The report
cites the company's ability to provide end-to-end solutions for clients as a key strength. The company has been recognized
as delivering value beyond cost by developing innovative, industry-specific platform technologies for some of its marquee
clients, showing its commitment to its PO business and its future.
- The HfS Blueprint Report for Procurement Outsourcing services recognizes Infosys BPO for its strong technological integration,
ability to deliver business value to clients and establish a balanced global footprint
- Infosys BPO was also chosen because of the investments made in future capabilities and the incorporation of customer
- The report lauds the company's ability to go well beyond the typical client experience, and recognizes the procurement
platform developed by Infosys BPO for one of its largest CPG clients as a tangible value proposition unique to this
- The report is based on a survey covering the views, intentions, and dynamics of 1,355 stakeholders, including PO enterprise
buyers, PO service providers, PO industry influencers, and HfS analysts
Phil Fersht, CEO and Founder, HfS Research:
"Infosys has rapidly developed a first-class procurement services competency to cater for a wide array of global
clients. Not only has the firm developed strong execution base for the bread-and-butter procurement needs of clients,
but it is also supporting them with high-value analytics and strategic sourcing services, enabled by its technology
Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO:
"Our extraordinary domain depth enables us to develop unique tools and technologies to address issues around effective
management of third-party spend among other challenges. Infosys is uniquely positioned to provide superior category
expertise, supplier management skills, access to best-in-class procurement technology platforms and knowledge management
tools. This recognition is an acknowledgement of the innovative and world-class solutions that we offer, highlighting
our commitment to exceed client expectations and deliver measurable value for our clients’ businesses."
About HfS Research
HfS Research (
www.HfSResearch.com) is a leading independent global analyst authority and knowledge community in the business and
IT services industry. HfS is unique in the fact that it serves the research and strategy needs of business operations
leaders across finance, supply chain, human resources, marketing, customer management, IT and core industry functions.
In addition to researching business operations strategies, HfS educates and facilitates discussion among the world's
largest knowledge community of enterprise services professionals, currently comprising 120,000 subscribers. HfS Research
also facilitates the HfS Sourcing Executive Council, the acclaimed elite group of sourcing practitioners from leading
organizations, which meets on a bi-annual basis to share the future direction of the global services industry and discuss
the future enterprise operations framework.
In 2010 & 2011, HfS was awarded Analyst of the Year by the International Institute of Analyst Relations (IIAR), the premier
body of analyst-facing professionals, and achieved the distinctive award of being voted the research analyst industry's
most Innovative Analyst Firm in 2012.
Infosys is a global leader in consulting, technology, and outsourcing solutions. As a proven partner focused on building
tomorrow's enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead
of the innovation curve. Ranked in the top tier of Forbes' 100 most innovative companies, Infosys – with US$7.4bn
in annual revenues and 155,000+ employees – provides enterprises with strategic insights on what lies ahead. We help
enterprises transform and thrive in a changing world through strategic consulting, operational leadership, and the co-creation
of breakthrough solutions, including those in mobility, sustainability, big data, and cloud computing.
www.infosys.com to see how Infosys (NYSE: INFY) is Building Tomorrow's Enterprise
About Infosys BPO
Infosys BPO Limited (
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, Poland, Czech Republic,
Netherlands, South Africa, Brazil, Mexico, Costa Rica, United States, China, Philippines, Japan and Australia, and as
of June 30, 2013, employed 27,491 people. It closed FY 2012-13 with revenues of US$583.1 million.
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, 2013 and on Form 6-K
for the quarter ended June 30, 2013. 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.