BENGALURU, India, June 12,
2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE:
INFY) (NYSE: INFY), a global leader in next-generation digital
services and consulting, today announced that it has been ranked,
for the third consecutive year, among the 100 most valuable brands
in the world, according to Kantar, the leading marketing data and
analytics business, in its annual BrandZ Most Valuable Global
Brands report released today. Infosys is ranked as #74 most
valuable brand in the world and ranked as #20 most valuable global
B2B technology brand.
"Even through a tough year of disruption and volatility
globally, we stayed focused on delivering on our brand promise and
let our purpose point the way for Infosys. Through the
uncertainties, our clients trusted us to help them navigate their
next with cutting edge digital-first, cloud-first, and AI-first
approach. We remained committed to amplifying human potential and
creating the next opportunity for all – people, businesses, and
communities," said Sumit Virmani,
EVP and Global Chief Marketing Officer, Infosys. "It's very
heartening to be recognized for our endeavors and to be counted
among the world's most valuable brands," he added.
This Kantar BrandZ recognition is a strong validation
of the client trust that Infosys has earned, and the relevance of
its capabilities – especially in domains like enterprise AI where
emerging technologies like generative AI and foundational
technologies like cloud continue to evolve by the day. The
astute investments that brand Infosys has made in nurturing sub
brands, like Infosys Topaz for generative AI-powered solutions
and Infosys Cobalt for enterprise cloud, is paying rich
dividends. In fact, earlier this year, Infosys was ranked a top-3
IT services brand globally, by Brand Finance, for the third year in
a row.
Martin Guerrieria, Head of Kantar BrandZ, said, "Kantar BrandZ data shows that Infosys is among
the top 6% of the most trusted brands in both India and the US. In both markets, Infosys is
becoming more relevant to its customers by cementing its
positioning as a trusted partner. BrandZ's 2024 Most Valuable
Global Brands report reveals that strong brands continue to thrive
despite global economic uncertainty. Crucially, investment in
effective marketing helps to improve customer predisposition and
drive brand value growth, contributing significant dollar value to
sustain business success."
Infosys' brand ambassadors - tennis icons Rafael Nadal and Iga Świątek have served to
deepen the brand's relevance as digital transformation partner to
the world, through the highly visible 'Champions
Evolve' campaign. The icons help credibly reinforce the strong
track record Infosys has in digitally reimagining tennis, through
the many brand partnerships it has forged within the ecosystem of
the sport including the ATP, Roland Garros, the Australian Open,
and International Tennis Hall of Fame. Outside of tennis, Infosys'
brand thrust is strengthening through its strategic collaborations
with the Madison Square Garden, including key MSG properties New
York Knicks, New York Rangers and the Madison Square Garden Arena,
as well as Formula E, Dow Jones, The Economist, Financial Times and
Handelsblatt Media Group.
This has been another year, for Infosys, of living its
purpose, and playing an active role in making the world we work and
live in more sustainable, inclusive, and equitably prosperous. For
example, Infosys, in preparation for an AI-first future, has
reached 11.75 million people through its digital skilling
initiative. This includes learning opportunities created by
Springboard – the company's flagship reskilling program, with free
digital content served globally. Infosys continues to be carbon
neutral for the fifth year now. During the year, Infosys was also
recognized in the top 100 of TIME Magazine's list of World's Best
Companies of 2023.
About Kantar BrandZ
Kantar BrandZ is the global
currency when assessing brand value, quantifying the contribution
of brands to business' financial performance. Kantar's annual
global and local brand valuation rankings combine rigorously
analysed financial data, with extensive brand equity research.
Since 1998, BrandZ has shared brand-building insights with business
leaders based on interviews with 4.3 million consumers, for 21,000
brands in 54 markets. Discover more about Kantar BrandZ here.
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, our corporate actions including acquisitions,
and cybersecurity matters. 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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SOURCE Infosys