Authored by Alex Soejarto and Susanne Matson on September 16, 2013, the Magic Quadrant compares and evaluates 14 service providers in consulting and implementation services on their capabilities to successfully implement Oracle Application products for buyers of enterprise application solutions.
According to Gartner, ‘Leaders’ are performing well today, gaining traction and mindshare in the market; they have a clear vision of market direction, are helping clients beyond product roadmaps, and are actively building competencies to sustain their leadership position in the market.
• This positioning recognizes Infosys for its ability to execute and completeness of vision
• Evaluation criteria for this Magic Quadrant:
- Ability to execute: IT services providers are evaluated on the quality and efficacy of their processes, systems, methods or procedures that enable IT performance to be competitive, efficient and effective, and to positively impact revenue, retention and reputation;
- Completeness of vision: IT services providers are evaluated on their ability to convincingly articulate logical statements about current and future market direction, innovation, customer needs, and competitive forces and how well they map to the Gartner position.
Ravi Kumar S., Senior Vice President, Global Oracle Practice Leader, Infosys:
“Infosys has made key investments in tools and accelerators, co-development with Oracle, and asset-based solutions across multiple industries. Infosys is honored to receive this recognition. As a leading service provider in the Oracle services space, and among the first Diamond partners of Oracle, Infosys is continuously working to strengthen our relationships with global clients to drive innovation and deliver excellence.”
Infosys (infosys.com) 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.
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 June 30, 2013. These filings are available at 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.
Disclaimer: 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. 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.
Paul de Lara, Infosys, UK
P: +44(0)20 7516 2748 - E: Paul_deLara[.]infosys.com.
Ken Montgomery, Sarah_Gideon[.]infosys.com
P: +1 415-318-4399 - E: KMontgomery[.]GolinHarris.com.
Cristin Balog, Infosys, Australia
P: +61(3) 9860 2277 - E: Cristin_Balog[.]infosys.com.