Coforge named as 'Exceptional Performer' in Whitelane Research’s 2024 IT Sourcing Study UK

Greater Noida, India, June 27, 2024: Coforge Limited Limited (NSE: COFORGE), a global digital services and solutions provider, has been recognized for 'Exceptional Performance' in the prestigious 2024 IT Sourcing Study UK conducted by Whitelane Research. This annual study, renowned for its rigorous and comprehensive analysis, highlights the top-performing IT service providers based on extensive feedback from their clients.

Its recognition as an 'Exceptional Performer' in general satisfaction, accompanied by a significant 3% increase, underscores Coforge's unwavering commitment to delivering superior service and innovation to its clients. The company’s high rankings across various categories reflect its expertise and dedication to assisting clients in navigating and succeeding in their digital transformation journeys.

Coforge has achieved outstanding results across multiple categories in this year’s study:

Ranked #1 (shared) in Digital Transformation
The firm secured #1 position (shared) and advanced 3 positions from last year in Digital Transformation, with a satisfaction score of 80%, exceeding the industry average of 75%.
Ranked #2 in General Satisfaction
The firm achieved an impressive satisfaction score of 82% this year, marking a 3% increase from 2023. This score surpasses the industry average of 73%.
Ranked #2 in Application Services
The firm advanced two positions from last year to secure the #2 spot in Application Services, with an 82% satisfaction score, a 2% increase from 2023. This score is higher than the industry average of 74%.
Ranked #3 (shared) in Cloud & Infrastructure Services
For the first time, the firm is featured in this category and secured the #3 spot (shared). The satisfaction score of 80% is notably higher than the industry average of 74%.

Coforge’s growth in the Financial Services (Banking and Insurance) and "Other" verticals was reflected in the customer satisfaction study. Coforge ranked seventh among IT service providers in the financial services category, achieving a satisfaction score of 80% this year, higher than the industry average of 76%. In the "Other" industries category, which includes Energy & Utilities, Transport & Logistics, Retail, and Telecom & Technology, Coforge ranked second with a satisfaction score of 83%, surpassing the industry average of 74%.

Jef Loos, Head of Research, Europe, Whitelane Research said, “Coforge continues to shine in our 2024 UK IT Sourcing Study. It is a remarkable comeback this year for Coforge and is featured ‘Exceptional Performer’ among IT service providers in customer satisfaction in the region. This recognition is a testament to the company’s relentless focus on providing exceptional services to its customers.”

John Speight, EVP & Chief Customer Success Officer of Coforge, commented, "We are incredibly proud of these achievements, which are a testament to the hard work and dedication of our teams and the trust our clients place in us. Our top rankings in the 2024 UK IT Sourcing Study by Whitelane Research highlight our continuous efforts to provide innovative and transformative IT solutions."

The 2024 UK IT Sourcing Study by Whitelane Research is based on the feedback from over 330 participants from top IT spending organizations in the UK, assessing nearly 900 unique IT sourcing relationships and close to 900 cloud platform sourcing relationships. Whitelane Research is an independent organization that has been at the forefront of IT sourcing research across Europe for over a decade.

Alex van den Bergh, Head of Research, Europe, Whitelane Research
Email: alex.vandenbergh@whitelane.com

Jef Loos, Head of Research, Europe, Whitelane Research
Email: jef.loos@whitelane.com

Simon Pearson, Head of Transformation, Europe, Coforge
Email: simon.pearson@coforge.com

About Whitelane Research:

Whitelane Research is an independent organization that conducts extensive IT sourcing research across Europe. With over 2,000 annual client organizations participating and more than 5,000 unique IT souring relationships evaluated, Whitelane Research provides unparalleled insights into the performance and satisfaction of IT service providers.

About Coforge:

Coforge is a global digital services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on very select industries, a detailed understanding of the underlying processes of those industries and partnerships with leading platforms provides us a distinct perspective. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration and Automation technologies to transform client businesses into intelligent, high growth enterprises. Coforge’s proprietary platforms power critical business processes across its core verticals. The firm has a presence in 21 countries with 26 delivery centers across nine countries.

For more information on Coforge, please visit www.coforge.com