Acknowledged in Public Cloud Infrastructure, Professional and Managed Services, Worldwide Market
Bengaluru – April 24, 2019
Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting today announced that Gartner, Inc. has positioned Infosys as a Leader in its Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide. According to Gartner, “Leaders have a track record of successful delivery of high-quality professional and managed services that thoughtfully exploit the capabilities of the cloud platform. They are well-positioned to continue delivering leading-edge services in the future.”
For the report, Gartner evaluated 19 service providers. Companies in the report were evaluated on their ability to execute and completeness of vision. As per the Gartner Magic Quadrant report, “By 2024, more than 50 percent of cloud service deals will include both application development services, and cloud infrastructure professional and managed services, up from 10 percent in 2019. In the context of this Magic Quadrant, MSPs are expected to deliver three pillars of capabilities: a cloud management platform, professional services (consulting, implementation and ongoing advice) and managed services. All three pillars must address the needs of customers exercising either or both traditional and cloud-native use cases.”
The Magic Quadrant report is “intended to be used to select a Managed Service Provider when the customer strongly prioritizes best-practice adoption and management of a hyperscale IaaS+PaaS provider.”
Narsimha Rao M, Executive Vice President and Global Head, Cloud, Infrastructure and Security Services, Infosys, said, “In our view, this recognition is a testament to the strengths and capabilities we showcase in our Enterprise Cloud ecosystem portfolio. Infosys continues to significantly invest in its cloud talent, solutions and platforms and is proud to deliver the best outcomes for the work we do with our partners. Infosys’ capabilities in offering cloud professional and managed services along with its own cloud management platform - the Infosys Infrastructure Management Solution (IIMS), which also supports hybrid IT deployments, have contributed towards this position.”
A complimentary copy of the Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide report can be accessed here.
Source: Gartner, Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide, Craig Lowery, To Chee Eng, Scot MacLellan, Ross Winser, Brandon Medford, 26 February 2019.
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.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
Certain statements mentioned in this release concerning our future growth prospects and our future business expectations are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. Such statements 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, 2018. 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 it is required by law.
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