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Follow on Google News | Infosys BPO Procurement Outsourcing Service Inducted Into The Winners Circle by HfS Blueprint ReportInfosys, a global leader in consulting, technology and outsourcing, today announced that its BPO subsidiary has been placed in the ‘Winner’s Circle’ in the HfS Blueprint Report for Procurement Outsourcing (PO) services.
By: Infosys Limited specific platform technologies for some of its marquee clients, showing its commitment to its PO business and its future highlights the HfS Blueprint Report for Procurement Outsourcing services recognizes Infosys BPO for its strong technological integration, ability to deliver business value to clients and establish a balanced global footprint Infosys BPO was also chosen because of the investments made in future capabilities and the incorporation of customer feedback The report lauds the company’s ability to go well beyond the typical client experience, and recognizes the procurement platform developed by Infosys BPO for one of its largest CPG clients as a tangible value proposition unique to this industry The report is based on a survey covering the views, intentions, and dynamics of 1,355 stakeholders, including PO enterprise buyers, PO service providers, PO industry influencers, and HfS analysts Supporting Quotes Phil Fersht, CEO and Founder, HfS Research: “Infosys has rapidly developed a first-class procurement services competency to cater for a wide array of global clients. Not only has the firm developed strong execution base for the bread-and-butter procurement needs of clients, but it is also supporting them with high-value analytics and strategic sourcing services, enabled by its technology expertise.” Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO: “Our extraordinary domain depth enables us to develop unique tools and technologies to address issues around effective management of third-party spend among other challenges. Infosys is uniquely positioned to provide superior category expertise, supplier management skills, access to best-in-class procurement technology platforms and knowledge management tools.This recognition is an acknowledgement of the innovative and world-class solutions that we offer, highlighting our commitment to exceed client expectations and deliver measurable value for our clients’ businesses.” About HfS Research HfS Research (www.HfSResearch.com) addition to researching business operations strategies, HfS educates and facilitates discussion among the world's largest knowledge community of enterprise services professionals, currently comprising 120,000 subscribers. HfS Research also facilitates the HfS Sourcing Executive Council, the acclaimed elite group of sourcing practitioners from leading organizations, which meets on a bi-annual basis to share the future direction of the global services industry and discuss the future enterprise operations framework. In 2010 & 2011, HfS was awarded Analyst of the Year by the International Institute of Analyst Relations (IIAR), the premier body of analyst-facing professionals, and achieved the distinctive award of being voted the research analyst industry's most Innovative Analyst Firm in 2012. Visit www.infosys.com to see how Infosys is Building Tomorrow's Enterprise® today. About Infosys BPO Infosys BPO Limited (www.infosysbpo.com) Philippines, Japan and Australia, and as of June 30, 2013, employed 27,491 people. It closed FY 2012-13 with revenues of US$583.1 million. Safe Harbor Certain statements in this release concerning our future growth prospects are forward-looking statements, 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 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, and unauthorized use of our intellectual property and general economic conditions affecting our industry. 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, 2013 and on Form 6-K for the quarter ended June 30, 2013. 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. For more information visit: http://www.infosys.com/ For more information, contact Sarin Menoky Infosys BPO Phone: +91 9972585052 sarin_menoky@ Chaitali Pishay The Practice Phone: +91 9379917540 chaitali@the- End
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