Infosys has announced that it has been named one of the top three most valuable IT services brands in the world by Brand Finance. According to the Brand Finance Global 500 2023 report, Infosys’ brand value has increased by 84% since 2020, placing it among the top 150 most valuable brands in the world.
Salil Parekh, Chief Executive Officer, Infosys, said in an official statement, “Sustained client relevance, best-in-class delivery excellence and a deep commitment to purpose are differentiators for brand Infosys, consolidating its position among the industry’s preferred partners for navigating digital transformation.”
He added: “Strategic investments in employee care and development, along with our deep commitment to environmental, social and governance priorities has helped Infosys’ sustain its market leading position as a business and as a valuable brand.”
Brand Finance’s Global 500 2023 report now ranks Infosys among the top three most valuable IT Services brands in the world for the second year in a row.
Brand Finance is a brand valuation firm that publishes an annual report on the world’s most valuable and powerful brands. According to Brand Finance, Amazon has reclaimed the top spot as the world’s most valuable brand despite its brand value falling 15% this year from US $350.3 billion to US $299.3 billion.
Apple (brand value down 16% to US$297.5 billion) has dropped to the world’s second most valuable brand, with a brand value of US$355.1 billion. The ranking featured 48 tech brands, which is two fewer than the 50 featured in 2022.
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