Press Note
Infosys Cited as a Strong Performer in Software Product Development Services by an Independent Research Firm
Bangalore - April 1, 2014: Infosys has been rated as a strong performer in Software Product Development services in The Forrester Wave™: Software Product Development Services, Q1 2014.
Infosys scored among the highest in the current offerings segment in the report. The company's top scores were in the areas of customer satisfaction, scope and sophistication, permanent onshore presence, vertical focus and domain expertise, and value added services. The report also recognized Infosys for its ability to drive the use of new technologies within products.
The Forrester Wave™: Software Product Development Services, Q1 2014 report evaluated 11 software product development services vendors, selected on the basis of scale and service capabilities with a focus on software product development services. Vendors were rated across 14 criteria, grouped into three high-level buckets of current offering, strategy and market presence.
Charles Green, Analyst, Forrester Research Inc. and author of The Forrester Wave™: Software Product Development Services, Q1 2014 report writes in the report, "Infosys Engineering services line is currently one of its fastest growing and most profitable service lines and… is a key engine of growth… Infosys customers highlighted the vendor's strengths in execution, particularly engineering rigor and transparency, and its ability to drive the use of new technologies within products."
Sudip Singh, Vice President and Head - Engineering Services, Infosys said, "Product development is seeing a definite shift where clients are coupling software with traditional mechanical and electronics engineering disciplines, to drive superior value to their end customers. Infosys Engineering services is ideally placed to add value to clients with our established strengths in traditional engineering skills and software product development. We believe that recognition of our capabilities in this report is testament to the scale and scope of our offerings in engineering services that are extremely relevant to our clients today."
Additional Information
Know more about Infosys Engineering services
Read about engineering trends in 2014 identified by Infosys
Read case studies on the work we have done for some of our clients
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%).