Infosys brand value grows to US$13
billion according to Brand Finance Global 500 2023
Report
DAVOS, Switzerland , Jan. 17,
2023 /PRNewswire/ -- Infosys (NSE, BSE, NYSE:
INFY), a global leader in next-generation digital services and
consulting, today announced that it has been recognized as the top
3 most valuable IT services brands globally, according
to Brand Finance, the world's leading brand valuation firm, in
its Brand Finance Global 500 2023 report. Continuously
accelerating brand growth, marked by 84% increase in its brand
value since 2020, Infosys is now among the top 150 most
valuable brands in the world.
"Sustained client relevance, best-in-class delivery excellence
and a deep commitment to purpose are differentiators for brand
Infosys, consolidating its position among
the industry's preferred partners for navigating digital
transformation", said Salil
Parekh, Chief Executive Officer, Infosys. "Strategic
investments in employee care and development, along with our deep
commitment to environmental, social and governance priorities has
helped Infosys' sustain its market leading position as a business
and as a valuable brand."
David Haigh, CEO and Chairman
of Brand Finance commented: "Infosys has recently
celebrated 4 decades of success and through these years they have
built a brand of excellence with a brand value that keeps growing
as Infosys storms up the rankings. Due to great leadership from
their CEO, Salil Parekh, and
differentiated digital services, Infosys holds its strong position
as one of the top 3 IT services brands in the world and has risen
to become one of the top 150 brands in the world."
Being positioned among the world's top 3 most valuable IT
Services brands, for two consecutive years, by Brand Finance, is an
outcome of Infosys' continued investments in nurturing digital
brands and building new client-relevant digital capabilities. The
launch of Infosys metaverse foundry to ease and fast-track
enterprises' exploration of the metaverse, including virtual and
augmented environments is one such example. The growth of the cloud
solution brand Infosys Cobalt, powered by new industry-specific
value levers and a network of strong partnerships is another strong
example. Infosys strives to be an employer of choice differentiated
by its brand promise to help navigate careers forward. Infosys was
awarded Top Employer Certification in 22 countries, ranked among
the top 3 employers in Asia
Pacific, Middle East, and
North America for best-in-class
people practices.
The company has built and nurtured several strategic brand
collaborations. Over the past year, Infosys has forged a new
collaboration to digitally reimagine tennis heritage for the
International Tennis Hall of Fame as their digital innovation
partner. Infosys also expanded its collaboration with Dow Jones in
a brand partnership to develop new human-centered digital
experiences. Infosys continues to accelerate brand momentum through
its collaborations with the Madison Square Garden, including key
MSG properties New York Knicks, New York Rangers and the Madison
Square Garden Arena, the ATP, Roland Garros, the Australian Open as
well as The Economist, Financial Times and Bloomberg Media.
Brand Infosys is making steady progress in delivering the goals
articulated in its ESG Vision 2030 first published in 2020. For
example, Infosys Springboard – the company's flagship global
reskilling program democratizing learning, with free digital
content, already has 4.6 million users registered to learn digital
skills that are preparing them for a rapidly transforming talent
market. Infosys also continues to be carbon neutral for three years
now. The brand has been acknowledged for demonstrating exceptional
leadership and a commitment to move the needle with efforts across
Environmental, Social and Governance programs. Tellingly, Infosys
was recognized as one of the 2022 World's Most Ethical Companies
for the second consecutive year by Ethisphere.
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. With over four decades of experience in managing
the systems and workings of global enterprises, we expertly steer
clients, in more than 50 countries, as they navigate their digital
transformation powered by the cloud. We enable them with an
AI-powered 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, 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 and the US, 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, 2022.
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 Limited