BANGALORE, February 16, 2017 /PRNewswire/ --
Positioned as Leader in EMEA and North America Reports
Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services today announced that Gartner Inc. has positioned Infosys as a 'Leader' in its EMEA and North America 2016 Magic Quadrant reports for SAP® Application Services.
Gartner's 'Magic Quadrant for SAP® Application Services, EMEA' report evaluates 19 service providers across multiple SAP® applications and technologies and Gartner's 'Magic Quadrant for SAP® Application Services, North America' report evaluates 20 service providers. These reports assess their ability to deliver a comprehensive set of implementation and management services across the SAP® portfolio of products for Europe, Middle East, and Africa (EMEA), and North America respectively.
Ravi Kumar, President and Deputy Chief Operating Officer, Infosys said, "Being named a Leader for SAP® Application Management Services by Gartner is a recognition of the investments we have made in our services capabilities. Infosys is focused on building innovative solutions to help clients reshape their digital landscape. Over time, these investments in new technologies and pre-configured industry solutions have streamlined and accelerated SAP®-enabled transformation programs for our clients."
About Gartner's Magic Quadrant
Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Magic Quadrant for SAP® Application Services, EMEA, 31 January 2017, Gilbert van der Heiden, Neil Barton, Fabio Di Capua.
Magic Quadrant for SAP® Application Services, North America, 31 January 2017, Frances Karamouzis, Kris Doering, Susan Tan.
About Infosys Ltd
Infosys is a global leader in technology services and consulting. We enable clients in more than 50 countries to create and execute strategies for their digital transformation. From engineering to application development, knowledge management and business process management, we help our clients find the right problems to solve, and to solve these effectively. Our team of 199,000+ innovators, across the globe, is differentiated by the imagination, knowledge and experience, across industries and technologies that we bring to every project we undertake.
Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, 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, 2016. These filings are available at http://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. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. 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.