Information technology giant Infosys has revealed that Brand Finance has placed it among the top three most valuable IT services brands globally. According to the Brand Finance Global 500 2023 report, Infosys' brand value has increased by 84% from 2020, placing it among the top 150 most valuable brands in the world.
The business has now been listed by Brand Finance in its Global 500 2023 report as one of the top three most valuable IT Services brands in the world for two years running. A brand valuation company called Brand Finance releases an annual study on the most valuable and powerful international brands.
Infosys recently celebrated 40 years of achievement, during which time they established an outstanding brand with a value that continues to rise as Infosys soars up the rankings. Infosys maintains its strong position as one of the top three IT services brands in the world and has risen to become one of the top 150 brands in the world thanks to the excellent leadership of their CEO, Salil Parekh, and distinctive digital services,CEO and chairman of Brand Finance David Haigh made a statement.
Despite its brand worth declining 15% this year from US $350.3 billion to US $299.3 billion, Amazon has recovered the top rank as the most valuable brand in the world, according to Brand Finance.
Apple, whose brand worth dropped from US$355.1 billion to US$297.5 billion (a 16% decrease), is now the second most valuable brand in the world.
48 tech brands in all were included in the ranking, which is two fewer than the 50 in 2022.