Infosys Positioned as a Leader for the Second Consecutive Year in the Everest Group 5G Engineering Services PEAK Matrix® Assessment 2023

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been positioned as a Leader for the second consecutive year in the Everest Group’s 5G Engineering Services PEAK Matrix® Assessment 2023. Infosys has been distinguished for its marquee projects, key thought leadership initiatives, and consistent focus on use-case development.

For the assessment, Everest Group evaluated 20 engineering service providers based on their capabilities, interactions with 5G engineering leadership, client reference checks, and an overall analysis of the engineering services market.

Specific Infosys strengths called out in the report include:

• Balanced portfolio of services across the entire 5G engineering services value chain, and the equipment, network, and solution engineering services
• Strong revenue growth attributed to a significant increase in its new client engagements
• Good delivery mix that enables it to serve customers from multi-shore locations
• Core competency in networks and systems supported by a good mix of IP-based solutions and partnerships in the domain
• Good mix of pricing models in both traditional as well as emerging models such as outcome based, revenue sharing, etc
• Customers recognizing Infosys for understanding project requirements and its flexibility to adapt as per customer needs

“Infosys has been able to enhance its 5G network engineering competency by creating IPs and forging relevant partnerships in this domain. It has also invested in setting up labs, collaborating with startups, and upskilling inhouse talent, which has enabled Infosys to deliver services across the value chain. These capabilities are further complemented by their good offshore and onshore presence,” said Nishant Udupa, Practice Director, Everest Group. He added, “Clients have appreciated Infosys for engaging via innovative pricing constructs, clarity on engagements, and ability to adapt to customers’ requirements. This has helped Infosys retain its position as a Leader in Everest Group’s 5G Engineering Services PEAK Matrix® Assessment 2023.”

Dinesh Rao, Executive Vice President, Co-Head of Delivery, Infosys, said, “We are delighted to be recognized as a leader in Everest Group’s 5G Engineering Services PEAK Matrix® Assessment 2023. This achievement is a testament to the unwavering dedication and expertise of our exceptional team and the trust placed in us by our valued clients. We are collaborating with multiple clients to co-create tailored 5G solutions, using our extensive 5G Living Labs ecosystem. 5G enables enterprises to explore a wide array of options for digital transformation and our experts have dedicated themselves to ensure success for our clients. We extend our heartfelt gratitude to our clients for allowing us to bring in newer innovations, enabling us to uphold Infosys' commitment to excellence and constantly enhance our services for them.”

About Infosys:

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance 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 or outcomes 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 the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. 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.

Media contacts:

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