The objective of the annual event is to recognize and celebrate those key contributors who have demonstrated partner excellence.
Among P&G's more than 75,000 suppliers and agencies, Infosys was one of 12 partners to receive the high honor of being named "Business Partner of the Year," and was one of the only company providing consulting, technology and BPO services to get an award. P&G specifically mentioned the outstanding work done on one of their biggest transformation projects - the Order, Shipping, Billing program.
The Business Partner of the Year Award was created by P&G to recognize its top performing business partners that have demonstrated partner excellence on the parameters of commercial, operational, innovation and relationship.
• "Infosys has been a valued business partner over the years, and has led some of our largest transformations," said Camille Z. Chammas, VP - Purchases. "They drove the most complex project in our Company by transforming our Order Shipping Billing system with excellence and in record timing while delighting internal and external customers. We are proud to work with them."
• Sanjay Saigal, Associate Vice President and Global Client Partner for the P&G account: "It's an honor to be recognized by one of our most valuable clients for our efforts in helping them transform their business, accelerate innovation and improve efficiency. This award is a reflection of the strength of our relationship and the outstanding work done by our executive leadership and Order Shipping Billing program teams."
Many of the world's most successful organizations rely on the 142,000 people of Infosys to deliver measurable business value. Infosys (infosys.com) provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow's enterprise.
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, 2011 and on Form 6-K for the quarters ended December 31, 2010, June 30, 2011 and September 30, 2011. These filings are available at 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.