Infosys Edge™ wins the NASSCOM Business Innovation Award for 2013
Bangalore, Feb 15, 2013: The National Association of Software and Services
Companies (NASSCOM) last evening presented their prestigious Business
Innovation Award to Infosys Edge™. This suite of IP-based business platforms
beat more than 400 other entrants to win the coveted award. NASSCOM singled out
Infosys Edge™ for its original concept, business viability, scalability, R&D
investments, and overall impact on the industry. The award was presented by
Milind Deora, Union Minister of State for IT and Communications to Samson
David, Vice President and Global Head - Business Platforms, Infosys at the
NASSCOM India Leadership Forum in Mumbai.
Delivered on the Cloud, Infosys Edge™ empowers businesses to respond to
opportunities created by global trends like the rise of digital consumers, the
drive for smarter organizations and the growing potential of emerging
economies. Leveraging an outcome-based model, it accelerates innovation to help
enterprises thrive in a changing business environment. With a portfolio of 20
platforms, Infosys Edge™ is already delivering significant business results
over 70 leading enterprises, including Airtel in India, OSG in Japan and Hudson
Samson David, Vice President and Global Head - Business Platforms, Infosys said
, "Our clients and their needs have always guided our innovation leadership. We
recently made a conscious move to develop IP-based business platforms to help
fast-track their growth. Today, Infosys Edge™, with its outcome-based
models, is effectively serving the dynamic needs of global enterprises.
Recognitions, such as the NASSCOM Innovation Award, validate our commitment to
make innovation work for our clients."
Som Mittal, President, NASSCOM said, "The innovators selected for the NASSCOM
innovation awards are companies that have built products that are possibly
firsts within their respective categories and have launched services that break
the traditional mold. They have taken the non-typical route to new markets and
have resorted to imaginative strategies to sustain growth and stay ahead of
their peers. The Infosys Edge™ business platforms are strong examples of this
kind of commitment to innovation."
About NASSCOM Innovation Awards
NASSCOM, an organization that represents and sets the tone for public policy
for the Indian software industry provides a prestigious platform through its
Flagship NASSCOM Innovation Awards where it recognizes institutions that are
doing innovative work and adding value to the industry. The NASSCOM Innovation
Awards, first introduced in 2004, recognizes organizations that have made
innovation a part of their DNA and differentiated themselves in the market by
developing extraordinary and pioneering products and services.
Infosys partners with global enterprises to drive their innovation-led growth.
That's why Forbes ranked Infosys 19th among the top 100 most innovative
companies. As a leading provider of next-generation consulting, technology, and
outsourcing solutions, Infosys helps clients in more than 30 countries realize
their goals. Visit www.infosys.com and see how Infosys (NYSE: INFY), with its
150,000+ people, is Building Tomorrow's Enterprise® today.
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 June 30, 2012, September
30, 2012 and December 31, 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,
unless required by law.
For Further information please contact:
Asia Pacific The Americas EMEA
Abhijith Karthikeya D Danielle D'Angelo Paul De Lara
Infosys, India Infosys, US Infosys, UK
Phone: +91 80 41563373 Phone: +1 925 719 7602 Phone: +44 2075162748
-0- Feb/15/2013 07:00 GMT
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