Infosys, the second largest IT services company, on Monday announced that Gartner, Inc. has positioned Infosys as a Leader in its Magic Quadrant for Oracle Application Services, Worldwide (Europe, Middle East and Africa, North America and Asia Pacific).

In a release issued, the company stated that the Gartner Magic Quadrant assessed 19 leading Oracle application service providers with the full cycle of Oracle application services, from project-based implementation to multi-year application management services (AMS).

Gartner’s Magic Quadrant also evaluated these service providers for their ability to deliver to clients a comprehensive set of implementation and management services across Oracle’s portfolio of products.

As an Oracle Cloud Elite partner, Infosys is also helping its clients reimagine their business through next-generation digital solutions, making them agile and connecting them with their value chain. The focus on innovation, industrialization and automation is driving newer levels of efficiencies across verticals.

Infosys President and Deputy Chief Operating Officer Ravi Kumar said being recognised as a Leader in Gartner’s Magic Quadrant for Oracle Application Services strengthens Infosys capability as a leading digital transformation partner for our clients, helping them succeed in a digital economy.

"We have been closely associated with Oracle as their development and testing partner, and this recognition from Gartner is testimony to our efforts in becoming an industry leader," said Kumar.

Richard Walsh, Director Financial Systems, MFS Investment Management said Infosys did a great job implementing our Oracle Profitability and Cost Management Project in Oracle Cloud.

"This helped us improve performance, trace allocations and enable frequent and efficient profitability cycles. We congratulate Infosys in leading Gartner’s Magic Quadrant for Oracle Application Services and recommend Infosys as an implementation partner," said Walsh.