Infosys Ranked #1 in the HFS Top 10 Agile Software Development 2020 Report

Infosys (NYSE: INFY), the global leader in next-generation digital services and consulting today announced its #1 ranking in the HFS Top 10 Agile Software Development 2020 report. In the research, Infosys is positioned as an agile delivery heavyweight and an execution powerhouse supported by a well-stocked talent pool leading the charge in the competitive agile development services market.

The report highlighted Infosys’ technical expertise and the ability for innovation, evolved toolsets, and investments in localization programs to bring highly technical solutions to client engagements. Infosys’ distributed agile solution portfolio, contextualized to clients’ specific needs is helping them accelerate their digital transformation journey. Additionally, the research provides insights into the latest market trends of agile and DevOps, particularly how enterprises and providers are working to develop a culture that ensures true agile delivery.

Ollie O’Donoghue, Research Vice President at HFS Research said, “Infosys has been recognized by clients for its proven capability to build innovative and high-value solutions that deliver real results, giving the firm the top overall position in this study. Notably, the firm also received the highest ranking in the critical voice of the customer criteria, emphasizing Infosys' industry leading satisfaction levels in the agile software development market.”

HFS assessed 18 global service providers on three key dimensions – voice of the customer; ability to execute; and innovation capability. The report acknowledged Infosys’ strengths along the following parameters:

• Well-stocked talent pool: Infosys has one of the largest talent pools in the agile software development market. Clients also attested to Infosys’ technical expertise, ability and highly innovative solutions that it brings to client engagements.
• Talent development: Infosys has shown a strong track record of investing in its talent through organization-wide training initiatives and development efforts supported by the Wingspan platform.
• Evolved toolsets: Infosys, along with its in-depth experience and exposure in the space, leverages a powerful set of accelerators, including evolved testing automation to deliver optimal business results.
• Localization: Infosys has invested heavily in localization programs to bolster client relationships with an emphasis on building onshore and nearshore delivery capabilities.

Ravi Kumar S, President at Infosys, said, “As enterprises grapple with a rapidly evolving landscape, achieving resilience and agility are the top priorities for organizations across industries. Infosys is well positioned to help clients navigate their digital transformation journey, leveraging new ways of working with agile and DevSecOps. This #1 ranking is a testament to our thought leadership, capabilities and the effectiveness of our strategy to drive business outcomes for them.”

To download the full report please click here: https://www.infosys.com/services/agile-devops/insights/agile-software-development-rating-2020.html

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four 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.

Safe Harbor

Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements 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 COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, 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, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. 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, 2020. 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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