Infosys positioned as a Leader in 2023 Gartner® Magic Quadrant™ for Public Cloud IT Transformation Services

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 in The 2023 Gartner Magic Quadrant for Public Cloud IT Transformation Services, report. Infosys has been recognized for its ability to deliver high-quality professional and managed services that effectively leverage the capabilities of Infosys Cobalt Cloud offerings. Infosys Cobalt is a set of services, solutions and platforms for enterprises to accelerate their cloud journey.

In the Magic Quadrant report, Gartner evaluated 20 service providers in the public cloud IT Transformation services market based on 15 criteria, which focused on the ability to execute and completeness of vision. According to a Gartner report, "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 and to indicate the direction of the market."

With Infosys Cobalt, enterprises can benefit from a substantial array of industry cloud solutions, including over 35,000 cloud assets and more than 300 industry blueprints and platforms to accelerate innovation at scale in their cloud journey. Infosys Cobalt enables enterprises to redesign their enterprise from the core and build new cloud-first capabilities to create seamless experiences and deliver business outcomes. Enterprises can leverage its broad portfolio of capabilities and services, suitable for use across industry verticals, regardless of where they may be in their own cloud journeys.

Anant Adya, EVP - Infosys Cobalt, Infosys, said, “We are honoured to be recognized as a Leader in the 2023 Gartner Magic Quadrant for Public Cloud IT Transformation Services. We think this recognition highlights Infosys’ commitment to delivering exceptional value through our robust Infosys Cobalt offerings and drive business transformation for our clients. The Infosys public cloud practice, with its comprehensive portfolio of offerings, is focused on helping enterprises realize strategic business outcomes from their digital transformation initiatives."

Gartner Disclaimer
Gartner, Magic Quadrant for Public Cloud IT Transformation Services, Mark Ray, Craig Lowery, Tobi Bet, Allan Wilkins, Karl Rosander, Tom Sieber, 16 August 2023.
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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.

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