Infosys rated major service provider by IDC Energy

BANGALORE, INDIA: Infosys, a global leader in consulting, technology and outsourcing solutions, is positioned as a ‘major player’ for providing professional services to Oil and Gas Industry by IDC Energy Insights, a leading market intelligence and advisory services firm.

The “IDC MarketScape: Worldwide Oil and Gas Professional Services 2014 Vendor Assessment” report uses the IDC MarketScape model to assess vendors for various capabilities. The report discusses both quantitative and qualitative characteristics that define success in today’s Oil and Gas professional services.

Authored by Jill Feblowitz, IDC Energy Insights Vice President, the IDC MarketScape compared and evaluated 12 service providers on their capabilities in the Oil and Gas professional services space. IDC MarketScape highlighted the ‘impressive model of customer engagement’ by Infosys. “For large accounts, Infosys has three tiers of review that occurs at regular intervals. Infosys employees are measured on client satisfaction, performance and personal improvement. Customers report that Infosys has brought innovation to projects. This puts the company in a strong position for managed services contracts once the project is implemented.”

The IDC MarketScape report quotes· “Infosys has a well-conceived strategy for expanding into regions and market segments where there is room for growth. The company is investing in local resources in geographies like Iraq, Azerbaijan, Brazil, as well as using local partners in these regions for capabilities, local language and cultural fit.”· “Partnerships and alliances are important. Infosys is building on top of the Oracle high-performance data management computing stack. Infosys also works with SAP on mid-tier deployments and has a solution in development for drilling equipment and tool reliability on SAP HANA. “Infosys has worked with its clients to develop solutions that have strengthened its oil and gas credentials in the space. Technical data management is an area where Infosys has good experience particularly with well and production data.”

Rajesh K Murthy, executive vice president and Global Head – Energy, Communications and Services: “The oil and gas industry faces increasing challenges in regulatory compliance, cyber security and safety management. Information systems to address these challenges sometimes need to be deployed into the most inaccessible parts of the world.

At the same time they need to provide clear line of sight into every aspect of the business, so that preventive steps can be taken to mitigate risk. Infosys leverages the latest advances in Cloud and Mobility so that we address these fundamental goals without adding unnecessary costs to the business. “Being named as a “Major Player” in this study is a testimony to the value and innovation we bring to our clients in every aspect of the oil and gas business, as well as our long-term commitment to the sector.”