Infosys, a global leader in consulting and technology, today announced that its subsidiary Infosys China has been listed among the Top 10 Global Service Providers in China by the China Council for International Investment Promotion. This is the second consecutive year that Infosys China has received this honor.
Speaking on the occasion Rangarajan Vellamore, CEO, Infosys China said,“This recognition is a testimony of our commitment to the IT industry in China, as we continue to invest and expand our footprint in the region. We are focused on delivering high quality growth to our local and global clients in China through our diversified portfolio of offerings, covering our clients’ transformation, innovation and operational requirements.”
Infosys China was incorporated in 2004 and reported revenues of USD $102 million in fiscal year 2012. The company has invested in world-class development centers in Shanghai, Hangzhou, and Beijing; a sales office in Hong Kong and a Global Education Center in Jiaxing. The company is also developing a new campus at Zizhu Science and Technology Park in Shanghai. Infosys China currently employs over 3,000 people.
Many of the world's most successful organizations rely on the 151,000 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, 2012 and on Form 6-K for the quarters ended June 30, 2011 September 30, 2011 and December 31, 2011.These filings are available at sec.gov Opens in a new window. 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.