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Gartner Positions Infosys as a 'Leader' In Magic Quadrant for Oracle Application Services

Posted On: 2017-03-15 19:51:07

Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services today announced that Gartner, Inc. has positioned Infosys as a 'Leader' in its Magic Quadrant for Oracle Application Services in Europe, the Middle East and Africa (EMEA) and North America.

The report evaluated 16 vendors in EMEA and 20 in North America for the full-life cycle of Oracle application services, spanning project-based implementations and multiyear application management services (AMS). Gartner analysts evaluated service providers for their ability to deliver a comprehensive set of implementation and management services across the Oracle portfolio of products for EMEA and North American clients. Infosys was positioned highest for its ability to execute in EMEA.

An Oracle Cloud Elite partner, Infosys drives innovation and new opportunities for its clients with next-gen digital technologies so they can achieve higher efficiencies and increased customer engagement.

Ravi Kumar, President and Deputy Chief Operating Officer, Infosys, "We believe that being identified as a Leader in Gartner's Magic Quadrant validates our core strength of delivering value to our customers leveraging our IP and the best-of-breed technology solutions, and our commitment to developing a comprehensive set of Oracle application management services across the Oracle product line. Infosys works closely with Oracle to rethink and redesign application services by incorporating innovation and agility. We are gratified to see Gartner's recognition of our leading work in this critical area."

Shares of INFOSYS LTD. was last trading in BSE at Rs.1012.1 as compared to the previous close of Rs. 1035. The total number of shares traded during the day was 111851 in over 5505 trades.

The stock hit an intraday high of Rs. 1035 and intraday low of 1008. The net turnover during the day was Rs. 113549585.

Source: Equity Bulls

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