Bangalore – July 26, 2012
Infosys BPO Limited, today announced that it has won the Best Learning & Development Award 2012 for excellence in the 'Innovation in Learning' category, reiterating the company's continuous efforts towards enhancing innovation-led breakthroughs in the learning space. Infosys BPO was conferred the honour by the World HRD Congress, in association with the World Education Congress at an exclusive event held in Mumbai (India). The event was endorsed by the Thought Leaders Award and The Asian Confederation of Business.
Speaking about the award, Raghavendra K., Vice President and Head - Human Resources Development, Infosys BPO said, "We are delighted with this honour, as it is reflective of our continuous efforts towards setting higher benchmarks in the industry. Our learning initiatives across quality, risk, domain and soft skills are driven towards enhancing and developing the skills sets of our employees and adding value to the existing offerings from a strategic perspective. This also enables us to communicate to employees more effectively on the various platforms being made available for their development. We believe this award is a testimony to the fact that we encourage and aid our talent pool to sharpen their skills by striving to learn and develop as individuals."
The award in the 'Innovation in Learning' category identifies and honours the act of encouraging learning and development by individuals, teams and organizations in order to significantly advance workforce productivity as well as performance.
The paper presented by Infosys BPO for the awards, illustrated the unique methodology and framework around trainings at Infosys BPO, including the Training Council, Training Tracks and the Mandatory Training Grid. It also highlighted the company's flagship program, The Junior Management Leadership Program - a higher education program for junior leaders, and Project Communic-Care - a proactive intervention to raise the bar and benchmark talent to the internationally acclaimed 'Common European Framework' (CEF) in collaboration with the British Council.
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 June 30, 2012, employed 23,288 people. It closed FY 2011-12 with revenues of $494.5 million.
Many of the world's most successful organizations rely on the 151,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise.
For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
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 September 30, 2011,December 31, 2011 and June 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.