Bangalore, India; Eindhoven, Netherlands – November 8, 2013
Infosys BPO, the business process outsourcing subsidiary of Infosys, today announced the opening of a new delivery center in Eindhoven, the Netherlands. The 120-seat center strengthens Infosys BPO’s global footprint and reinforces its position in Europe.
Lars de Vries, Project Manager Foreign Investments, Brabant Development Agency (BOM):
“For Eindhoven and Brabant, Infosys investment means a great mix of retaining existing jobs along with the prospect of fresh employment opportunities created by the company. This compelling combination of providing services and high-quality jobs will undoubtedly attract similar interest from other international companies.”
Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO:
“The new center will serve as a regional hub for Infosys BPO. It strengthens our ability to cater to client needs across functions, languages and time zones quickly and with greater flexibility. The availability of a talented workforce and a positive environment fostered by the government makes the Netherlands an attractive destination for us. Our team in Eindhoven will play a key role to accelerate innovation and transformation for our clients across industries.”
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BOM Foreign Investments is part of the Brabant Development Agency (BOM), established in 1983 and funded by the Dutch government and the province of Brabant. At BOM Foreign Investments we believe that investing in Brabant, the Netherlands is the solution for foreign companies looking to optimally invest in Europe; and we strive to make it happen. We facilitate all aspects of foreign direct investment in Brabant by offering personalized guidance through the site selection process and providing relevant and up-to-date information and links to our extensive network; services we continue to provide to companies with an established presence in Brabant. BOM is based in Tilburg and has a staff of 60. For more information please visit http://www.foreigninvestments.eu.
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.
Visit www.infosys.com to see how Infosys (NYSE: INFY), with $7.4B in annual revenues and 160,000+ employees, is Building Tomorrow's Enterprise® today.
Infosys BPO Ltd. ( www.infosysbpo.com ), the business process outsourcing subsidiary of Infosys Ltd., 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, the Czech Republic, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the United States, China, the Philippines, Japan and Australia, and as of September 30, 2013, employed 28,277 people. It closed FY 2012-13 with revenues of $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 September 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.