Infosys Positioned as a Leader in Application Modernisation: Forrester Report

Infosys Limited, a global leader in next-generation digital services and consulting, announced a significant achievement on May 2nd, 2024. The company secured a prestigious position as a Leader in The Forrester Wave™: Application Modernization and Migration Services, Q1 2024 report. This recognition highlights Infosys’ exceptional capabilities in empowering businesses to leverage modern applications.

Infosys’ leadership position is attributed to its comprehensive service offerings and industry-specific solutions. The report specifically commended Infosys for:

• Top-Tier Strategy: Ranking among the top two in the strategy category demonstrates Infosys’ forward-thinking approach to application modernisation.
• Superior Current Offerings: Infosys secured a top-three position in the current offering category, signifying its robust existing portfolio of modernisation and migration solutions.
• Innovation Champion: Infosys received the highest possible score in the innovation criterion, showcasing its commitment to developing cutting-edge solutions for the digital age.

Infosys Cobalt

The report underscores Infosys Cobalt’s critical role in delivering modernisation and migration projects. This comprehensive set of services, solutions, and platforms leverages the power of the cloud to accelerate enterprise transformation initiatives.

Data-Driven Insights for Success

Additionally, the report acknowledges Infosys’ commitment to an AI-first vision. This approach emphasises the importance of data-driven insights in enabling businesses to adapt swiftly to dynamic market conditions and optimise their application landscape.

Evaluation Process

The Forrester Wave™ report provides a comprehensive evaluation of service providers within specific sectors. In this instance, 15 companies offering application modernisation and migration services were assessed based on 25 key criteria. These criteria are grouped into three main categories:

• Current Offering: This category evaluates the comprehensiveness and effectiveness of existing solutions.
• Strategy: This category assesses the provider’s vision and roadmap for the future of application modernisation.
• Market Presence: This category evaluates the provider’s overall influence and reach within the industry.

“We are honoured to be recognised as a leader by Forrester. We believe this recognition highlights our unwavering commitment to delivering exceptional value through our application modernisation and migration offerings that drive business transformation for our clients. We are also leveraging gen AI to help transform legacy application assets into application modernisation. With the combined capabilities of Infosys Cobalt and Infosys Topaz, we are well-equipped to lead the way in driving modernisation and migration initiatives across industries with an AI-first approach,” said Balakrishna D. R. (Bali), Executive Vice President Global Services Head, AI and Industry Verticals, Infosys.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.