BANGALORE, India, March 30, 2017 /PRNewswire/ --
TO ALL STOCK EXCHANGES
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NEW YORK STOCK EXCHANGE
Please find enclosed the press release titled "Infosys Achieves Cloud Elite Status in Oracle PartnerNetwork".
The same will be made available on the Company's website at the following weblink https://www.infosys.com/newsroom/press-releases/Pages/customers-achieve-cloud-transformation.aspx
This is for your information and records.
For Infosys Limited
A G S Manikantha
Infosys (NYSE:INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has achieved Cloud Elite status in the Oracle PartnerNetwork (OPN). With this designation, Infosys is well positioned to help customers achieve cloud transformation, and provide sophisticated capabilities and next-generation services on Oracle Cloud. With strategic specialization and training programs, innovative joint solutions, and a clearly defined solutions roadmap, Infosys' Cloud Elite status will help clients derive better business value.
With multiple solutions on the Oracle Cloud Marketplace, dedicated centers of excellence (COE), industry specific solutions, co-development initiatives, and RapidStart Methodology that delivered as much as 30 percent reduction in effort and cost, Infosys has a very strong value proposition to give clients an unparalleled competitive advantage. This new dimension of the partnership gives an added impetus to the commitment and engagement for next-generation services on Oracle Cloud and provides greater value to our clients through higher specialization and innovative co-developed solutions.
During Oracle OpenWorld 2016, Infosys was recognized with seven Oracle Cloud Excellence Awards across SaaS, PaaS and IaaS pillars. Infosys is also a Diamond level member of Oracle's PartnerNetwork.
Camillo Speroni, Vice President, Worldwide Strategic Alliances, Oracle
"Infosys' achievement of the Oracle PartnerNetwork Cloud Elite designation is a demonstration of their commitment to delivering industry leading use case solutions that reduce our joint customers' implementation timelines in their journey to the cloud. Infosys' industry-led cloud offerings deliver pre-built integrations, enhanced customer experience, personalization and ROI-based outcomes that simplify these companies' cloud transformations."
Ravi Kumar, President and Deputy Chief Operating Officer, Infosys
"This recognition is a testimony of Infosys' deep investments in cloud innovation and capabilities as well as our commitment to build cloud-focused Centers of Excellence around the world to deliver compelling business value. We have been continuously re-thinking existing business systems, co-creating innovative solutions by leveraging the power of Design Thinking and working on new ways of understanding client requirements and engaging with them."
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle's partner program that provides partners with a differentiated advantage to develop, sell and implement Oracle solutions. OPN offers resources to train and support specialized knowledge of Oracle's products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to be recognized and rewarded for their investment in Oracle Cloud. Partners engaging with Oracle will be able to differentiate their Oracle Cloud expertise and success with customers through the OPN Cloud program - an innovative program that complements existing OPN program levels with tiers of recognition and progressive benefits for partners working with Oracle Cloud. To find out more visit: http://www.oracle.com/partners.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
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.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise thrive in the digital age.
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 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.
For further information, please contact:
+91 80 4156 3998
+49 69 269566116
+1 408 375 2722
This is a disclosure announcement from PR Newswire.
SOURCE Infosys Limited