MEDIA RELEASE PR37882
Infosys BPO Positioned in Leaders Quadrant of Magic Quadrant for Comprehensive Finance and
Accounting BPO
BANGALORE, Jan 14/ PRNewswire-AsiaNet/ --
Infosys BPO Ltd. today announced that it has been positioned
by Gartner, Inc. in the 'Leaders Quadrant' in the 2009 Magic Quadrant for
Comprehensive Finance and Accounting (F&A) BPO report[1]. According to the
research firm's report, "Leaders are performing well today, both with a clear
vision of market direction and by actively building competencies to sustain
their leadership position in the market. They generally share superior market
understanding, have a global client base, an extensive network of
well-distributed and highly populated global delivery centers catering for
multiple languages, a good balance of transactional and high-end F&A delivery
and innovative sales offerings."
Gautam Thakkar, VP and Global Head for F&A, Infosys BPO Ltd, said, "We
believe that our position in the Leaders Quadrant is testimony to our ability
in the seamless delivery of end-to-end F&A services from multiple global
locations. In a considerably short span of 5 years, we have been able to
scale great heights and significantly transform the finance processes of our
clients. We have been able to leverage our extensive technology capabilities,
clearly shaping the vision for the next generation of F&A outsourcing. This
recognition validates our strategy and the significant investments that we
have made in our F&A practice to improve our pipeline and add measurable
business value to our clients."
Magic Quadrants depict markets using a two-dimensional matrix
that evaluates vendors based on their completeness of vision and ability to
execute. The report evaluates a qualified group of 13 vendors in the
Comprehensive F&A BPO market.
As a leader in Comprehensive F&A BPO transformation, Infosys
BPO Ltd provides services to 44 clients and has been acknowledged by top
industry analysts. Infosys has been listed as a Top Enterprise Provider in
FAO Today's 2008 annual survey
provider.aspx). The company has also won a series of awards in this space,
including The FAO Today - Provider of the Year Award 2008
aspx). Senior Infosys BPO executives were also featured in FAO Today's
Superstars list in 2008
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About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to
select only those vendors placed in the "Leaders" quadrant. The Magic
Quadrant is intended solely as a research tool, and is not meant to be a
specific guide to action. Gartner disclaims all warranties, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Infosys BPO Ltd
Process Outsourcing subsidiary of Infosys Technologies, was set up in April
2002. Today, it is ranked among the leading BPO companies in India by
NASSCOM, Dataquest, the International Association of Outsourcing
Professionals, Red Herring, FAO Today, NelsonHall, 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, the Philippines, Poland, Thailand, Mexico and Brazil
and employs 17,454 people. It closed FY 2008-09 with revenues of $316.2
million.
About Infosys Technologies Ltd.
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 109, 000 employees in over 50
offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global
Infosys Safe Harbor
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, 2009, 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.
---------------------------------
[1] Gartner, Inc. `Magic Quadrant for Comprehensive Finance and
Accounting BPO' by Cathy Tornbohm, 17 December 2009
For further information please contact:
Asia Pacific
Priscilla Thomas
Infosys BPO Ltd, India
Phone: +91-96865-67378
Priscilla_Thomas@infosys.com
Asia Pacific
Lakshmi Naidu
Corporate Voice/Weber Shandwick
Phone: +91-99028-02855
lakshmi@corvoshandwick.co.in
Australia
Cristin Balog
Infosys Technologies Ltd, Australia
Phone: +61-3-9860-2277
Cristin_Balog@infosys.com
EMEA
Antonia Maneta
Infosys Technologies Ltd, UK
Phone: +44-0-207-715-3499
Antonia_Maneta@infosys.com
The Americas
Peter McLaughlin
Infosys Technologies Ltd, US
Phone: +1-213-622-4949, Ext 206
Peter_McLaughlin@infosys.com
SOURCE: Infosys BPO Limited
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