According to Brand Finance, year-on-year brand
value for Infosys grew from $7.1bn to
$8.4bn, and an upward jump of 72
ranks
BENGALURU, India, Jan. 27, 2021 /PRNewswire/ -- Infosys (NYSE:
INFY), a global leader in next-generation digital services and
consulting, announced that it has been recognized as the fastest
growing among the top ten IT services brands of 2020, by Brand
Finance, the world's leading brand valuation firm, in its 2021
Global 500 report. The brand valuation summarizes three years of
significant brand growth for Infosys, marked by over 29% increase
in its brand value over three years, bringing it to $8.4bn in 2020, and positioning it among the Top
5 brands in IT services globally throughout this period.
"The execution of our 'Navigate your Next' strategy, over the
last three years, has strengthened the brand, positioning Infosys
as the industry's leading digital services provider," said
Salil Parekh, Chief Executive
Officer, Infosys. "Continued strategic investments in building
differentiating digital capabilities along with increased sales and
marketing effectiveness have amplified our ability to grow in
client relevance and deepen partnerships with global
businesses.
"Infosys is exemplary in the way the company is investing in
building its brand strength, evidenced by its brand value that is
growing faster than its peers and moving it higher in ranking among
the top five global IT Services brand," said David Haigh, CEO, Brand Finance. "This
growth has been consistent over the past three years driven by
clearly deepening client relationships, and a drive to create
holistic value for all stakeholders – including employees and the
communities in which Infosys operates."
This recognition from Brand Finance stands testimony to the
evolution of Infosys, over the last three years, into a leading
digital services brand. On the one hand, the company has digitally
transformed its own infrastructure for learning, employee
engagement, collaboration, and to empower developers to build
rapidly. On the other hand, Infosys launched new client-relevant
digital brands like Infosys Cobalt - the cloud services, platforms
and solutions portfolio. Continuous investments in building new
digital capabilities and brand differentiation, by leveraging the
power of AI, analytics and cloud, has helped Infosys strengthen
both business and brand equity. Brand Finance's acknowledgement
comes on the back of several prestigious marketing awards for
Infosys including recognition as a 2020 'Top Employer' in
Australia, Singapore, France, Germany, Switzerland, The
Netherlands and the United
Kingdom. Infosys USA has
been certified as Great Place to Work for excellence in its
employment practices.
Infosys brand also delivers on its corporate social
responsibility with diligence and is fully committed to its purpose
to create sustainable opportunities for people, businesses and
communities that it works with. By reiterating its commitment to
Environment, Social and Governance causes, in announcing its ESG
2030 vision in 2020, Infosys has further expanded its value
creation.
About Infosys
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.
View original
content:http://www.prnewswire.com/news-releases/infosys-recognized-as-the-fastest-growing-top-10-it-services-brand-of-2020-301216024.html
SOURCE Infosys