Infosys, a global leader in consulting, technology and nextgeneration services today 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).

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.

Ravi Kumar, President and Deputy Chief Operating Officer, Infosys said, ''We believe, being recognized as a Leader in Gartner's Magic Quadrant for Oracle Application Services strengthens our 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.''

Shares of the company gained Rs 19.35, or 1.59%, to settle at Rs 1,239.60. The total volume of shares traded was 88,790 at the BSE (Monday).