Infosys : Positioned as a Leader in the Magic Quadrant for Finance and Accounting (F&A) BPO for the Fourth Consecutive Year
July 31, 2014 at 08:35 am EDT
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Infosys Positioned as a Leader in the Magic Quadrant for Finance and Accounting (F&A) BPO for the Fourth Consecutive Year
Bangalore, India - July 31, 2014: Infosys today announced that it has been positioned as a Leader in the Magic Quadrant for Finance and Accounting BPO1 by Gartner, Inc. This is the fourth consecutive year that the company has been positioned as a Leader in this category. According to the report, Leaders are performing well today, both with a clear vision of market direction and by actively building competencies to sustain their Leaders position in the market.
Infosys BPO's F&A practice operates from 26 centres across 13 countries. It serves over 80 global clients through 9,500+ professionals. The company offers an end-to-end suite of services including high-end CFO office support under the transformational F&A partnership model. The company has embedded operational and business analytics between applications and business processes. This provides business insights that are high on domain intensity and specialization. Infosys BPO's robotics framework enables the complete automation of repeatable transactional work leading to better efficiency at substantially reduced cost for clients. The company's unique F&A Transformation Excellence Framework combines critical elements like technology, industry-wide best practices, business metrics and benchmark-based operating models to drive excellence in service design and delivery.
Supporting Quote:
Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO:
"We believe this recognition is a testimony to our commitment to deliver best-in-class F&A services and solutions to our clients. Our industry knowledge and domain expertise, backed by world class tools and technologies, enable us to consistently exceed client expectations, accelerate growth and deliver enhanced business value."
2014 Report
1Gartner, Inc. 'Magic Quadrant for Finance and Accounting BPO' by Cathy Tornbohm, 28 May 2014
Infosys Limited is an information services company, their end-to-end business solutions include:
- consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies;
- business IT services comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management;
- products, business platforms and solutions to accelerate intellectual property led innovation, including Finacle TM, our banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide;
- newer areas such as cloud computing, enterprise mobility and sustainability.
Net sales break down by market between finance (29.8%), retail and logistics (14.5), telecommunications services (12.3%), manufacturing industry (12.9%), energy and utilities (12.6%), technology (8.1%), life sciences, health care and insurance (6.9%) and other (2.9%).
Net sales are distributed geographically as follows: India (2.6%), North America (61.8%), Europe (25.6%) and other (10%).