Bangalore - January 10, 2007
Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, has been ranked 95th among the top 500 by the Deloitte Technology Fast 500 Asia Pacific 2006.
"The move towards more off-shoring demonstrates the tech sector's flexibility and entrepreneurship. Companies that can support this growth with technologies that improve networking, communications and collaboration over the Internet are strong contenders for the top of next year's Fast 500 rankings." Says Mr Igal Brightman, the Global Managing Partner of the Technology Media and Telecommunications practice of Deloitte.
Deloitte Technology Fast 500 Asia Pacific 2006 is a ranking of the top 500 public and private TMT (Technology, Media, Telecommunications) companies in Asia Pacific, designed to provide a global platform for measuring, recognizing and analyzing growth. Companies have been ranked according to average revenue growth rates over the past three years.
Deloitte also released results of its Technology Fast 500 Asia Pacific 2006 CEO Survey, the firm's annual comprehensive analysis of business trends amongst these successful companies, revealing the key issues and opportunities CEOs expect will drive the industry forward in 2007.
"Deloitte Technology Fast 500 Apac 2006 provixdes compelling insights into the Industry. Infosys BPO feels proud of having been a part of this ranking." says Amitabh Chaudhary, CEO and Managing Director, Infosys BPO.
Infosys BPO Ltd. ( www.infosysbpm.com), the business process outsourcing subsidiary of Infosys Technologies, was set up in 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, and others. 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, and Philippines (through a partner), and employs about 10,000 people. It closed FY 2005-06 with revenues of $85.5 million (Rs. 379 crore).
Infosys (NASDAQ: INFY) defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 66,000 employees in over 35 offices worldwide. For more information, visit www.infosys.com.
Statements in connection with this release may include forward-looking statements within the meaning of US Securities laws intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks and uncertainties including those described in our SEC filings available at www.sec.gov including our Annual Report on Form 20-F for the year ended March 31 2007 , our quarterly reports on Form 6-K for the quarters ended June 30 and September 30, 2006, and other recent filings, and actual results may differ materially from those projected by forward-looking statements. We may make additional written and oral forward-looking statements but do not undertake and disclaim any obligation to update them.