Bangalore, India - June 17, 2010
Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies today announced that it has received two awards at SSON's (Shared Services & Outsourcing Network) 2010 North American Shared Services Excellence Awards. Infosys BPO along with its clients McClatchy and P&G were adjudged winner and runner-up respectively under the category 'Best New Outsourced Services Delivery (under 3 years)' at the award ceremony held at Orlando, Florida.
SSON's annual Shared Services Excellence Awards honour, recognize and promote both captive and outsourced shared services that demonstrate winning practices. These awards are the industry's benchmark in terms of best practice and business excellence. The parameters for selection included strategy, people, culture and change management, innovation, automation, relationship management and customer service, governance and future strategic direction.
Patrick Arlequeeuw, Vice President R&D, Product Supply and Customer Business Development Services for P&G's Global Business Services commented, "This is a recognition we can be proud of. I know that the participating companies are top-notch in their fields and the selection process is very competitive."
Ritesh Idnani, COO, Infosys BPO, said, "This is a significant honour, given that the awards are open to end-users as well as captives and outsourced shared services organizations from all countries. The award is a validation of our continued focus on operational excellence and our sustained efforts to drive innovation and transformation for our clients."
SSON's annual Shared Services Excellence Awards were a part of the 14th Annual North American Shared Services & Outsourcing Week, an event attended by over 900 leaders in the shared services and outsourcing industry.
Infosys BPO Ltd. ( www.infosysbpo.com), the Business Process Outsourcing subsidiary of Infosys Technologies, 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, Thailand, Mexico, USA and Brazil and as on March 31, 2010 employed approximately18, 610 people. It closed FY 2009-10 with revenues of $352.1 million.
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. As on March 31, 2010, the Infosys group employed about 113,800 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. 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, 2010, and our 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.