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'''Infosys Limited''', formerly '''Infosys Technologies Limited''', ({{BSE|500209}}, {{NSE|INFOSYSTCH}}, {{NASDAQ|INFY}}) is a global technology services company headquartered in ] (Bengaluru), ]. Infosys is the second largest IT company in India with 130,820 employees (including subsidiaries) as of March 2011.<ref name=10K/> Infosys is ranked 28th globally,in the list of IT services providing firms.<ref>http://www.rediff.com/business/slide-show/slide-show-1-tech-indias-it-based-services-providers-boom/20110512.htm</ref> It has offices in 33 countries and development centres in ], China, Australia, UK, Canada, ] and Japan.<ref>{{cite web|author=Infosys Technologies Limited |url=http://www.infosys.com/about/who-we-are/Pages/fact-file.aspx |title=Fact File &#124; Who We Are &#124; About Us |publisher=Infosys |accessdate=27 July 2010}}</ref> The company offers software products for the banking industry and business process management services also provides end-to-end business solutions. '''Infosys Limited''', formerly '''Infosys Technologies Limited''', ({{BSE|500209}}, {{NSE|INFOSYSTCH}}, {{NASDAQ|INFY}}) is a global technology services company headquartered in ] (Bengaluru), ]. Infosys is the second largest IT company in India with 130,820 employees (including subsidiaries) as of March 2011.<ref name=10K/> Infosys is ranked 28th globally,in the list of IT services providing firms.<ref>http://www.rediff.com/business/slide-show/slide-show-1-tech-indias-it-based-services-providers-boom/20110512.htm</ref> It has offices in 33 countries and development centres in ], China, Australia, UK, Canada, ] and Japan.<ref>{{cite web|author=Infosys Technologies Limited |url=http://www.infosys.com/about/who-we-are/Pages/fact-file.aspx |title=Fact File &#124; Who We Are &#124; About Us |publisher=Infosys |accessdate=27 July 2010}}</ref> The company offers software products for the banking industry and business process management services also provides end-to-end business solutions.


]'''History''' '''History'''


Infosys was founded on 2 July 1981 by seven entrepreneurs, ], ], ], ], K Dinesh, Ashok Arora, and with ] officially being the first employee of the company. The founders started the company with an initial investment of ] 10,000.<ref>{{cite web|author=Narayana Murthy |url=http://www.moneycontrol.com/news/management/learn-entrepreneurshipinfosys-way_341544.html |title=Learn entrepreneurship the Infosys way! – CNBC-TV18/TiE-Leaders and Learners |publisher=Moneycontrol.com |accessdate=27 July 2010}}</ref> The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.<ref>{{cite web|url=http://www.rediff.com/computer/1999/jan/11infosy.htm |title=Rediff On The Net, Infotech: Infosys begins work on Rs 1.35-billion Pune centre |publisher=Rediff.com |date=11 January 1999 |accessdate=27 July 2010}}</ref> Infosys was founded on 2 July 1981 by seven entrepreneurs, ], ], ], ], K Dinesh, Ashok Arora, and with ] officially being the first employee of the company. The founders started the company with an initial investment of ] 10,000.<ref>{{cite web|author=Narayana Murthy |url=http://www.moneycontrol.com/news/management/learn-entrepreneurshipinfosys-way_341544.html |title=Learn entrepreneurship the Infosys way! – CNBC-TV18/TiE-Leaders and Learners |publisher=Moneycontrol.com |accessdate=27 July 2010}}</ref> The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.<ref>{{cite web|url=http://www.rediff.com/computer/1999/jan/11infosy.htm |title=Rediff On The Net, Infotech: Infosys begins work on Rs 1.35-billion Pune centre |publisher=Rediff.com |date=11 January 1999 |accessdate=27 July 2010}}</ref>

Revision as of 18:59, 9 July 2011

Infosys Limited
Infosys logo
Company typePublic company
Traded asBSE: 500209
NSE: INFOSYSTCH
Nasdaq: INFY
IndustryIT services
IT consulting
Founded2 July 1981 (1981-07-02)
FounderN R Narayana Murthy
Nandan Nilekani
N. S. Raghavan
Kris Gopalakrishnan
S. D. Shibulal
K Dinesh
Ashok Arora
HeadquartersBengaluru, Karnataka, India
Area servedWorldwide
Key peopleK.V.Kamath
(Chairman)
Kris Gopalakrishnan
(CEO & MD)
S. D. Shibulal
(COO & Director)
ProductsFinacle
Flypp
mConnect
ServicesInformation technology consulting services, solutions and outsourcing.
RevenueIncrease US$ 6.041 billion (2011)
Operating incomeIncrease US$ 1.779 billion (2011)
Net incomeIncrease US$ 1.499 billion (2011)
Total assetsIncrease US$ 7.010 billion (2011)
Total equityIncrease US$ 6.122 billion (2011)
Number of employees130,820 (March 2011)
DivisionsInfosys BPO
Infosys Consulting
Infosys Public Services
Infosys Australia
Infosys Brazil
Infosys China
Infosys Shanghai
Infosys Mexico
Infosys Sweden
WebsiteInfosys.com

Infosys Limited, formerly Infosys Technologies Limited, (BSE: 500209, NSE: INFOSYSTCH, Nasdaq: INFY) is a global technology services company headquartered in Bangalore (Bengaluru), India. Infosys is the second largest IT company in India with 130,820 employees (including subsidiaries) as of March 2011. Infosys is ranked 28th globally,in the list of IT services providing firms. It has offices in 33 countries and development centres in India, China, Australia, UK, Canada, Brazil and Japan. The company offers software products for the banking industry and business process management services also provides end-to-end business solutions.

History

Infosys was founded on 2 July 1981 by seven entrepreneurs, N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K Dinesh, Ashok Arora, and with N. S. Raghavan officially being the first employee of the company. The founders started the company with an initial investment of INR 10,000. The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.

File:Bangalore Infy.jpg
Infosys headquarters in Bengaluru, India

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it was bailed out by US investment bank Morgan Stanley which picked up 13% of equity at the offer price of Rs. 95 per share. The share price surged to Rs. 8,100 by 1999. By the year 2000 Infosys's shares touched Rs. 310. This, before the catastrophic incident of 11 September, which caused share prices to suddenly fall.

According to Forbes magazine, since listing on the Bombay Stock Exchange till the year 2000, Infosys' sales and earnings compounded at more than 70% a year. In the year 2000, President of the United States Bill Clinton complimented India on its achievements in high technology areas citing the example of Infosys along with Wipro and Satyam Computers. Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.

In 2001, it was rated Best Employer in India by Business Today. Infosys was rated best employer to work for in 2000, 2001, and 2002 by Hewitt Associates. In 2007, Infosys received over 1.3 million applications and hired fewer than 3% of applicants.

Infosys was the only Indian company to win the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame for the same.

Current share holding

Promoters and their families hold 16% of Infosys stock. Life Insurance Corporation of India with 3.84% is the single largest share holder. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi and the Government of Singapore also holds significant shares. The rest of the shares are owned by Financial institutions and individual investors.. According to latest news, Infosys is the fourth biggest company in India in market wealth

Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.

In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of gandor Murthy.The change in ceo of infosys is kris gopalakrishnan

Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalise its academic relationships worldwide under the umbrella of a program called AcE – Academic Entente. Infosys' Global Internship Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from the universities around the world. InStep recruits undergraduate, graduate and PhD students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys.

In 1997, Infosys started the "Catch them Young Program", to expose the urban youth to the world of Information Technology by conducting a summer vacation program. The program is aimed at developing an interest and understanding of computer science and information technology. This program is targeted at students in Grade IX level.

File:Whartan.Infosys.Business.Transformation.Award.Logo.gif

In 2002, the Wharton Business School of the University of Pennsylvania and Infosys started the Wharton Infosys Business Transformation Award. This technology award recognises enterprises and individuals who have transformed their businesses and the society leveraging information technology. Past winners include Samsung, Amazon.com, Capital One, RBS and ING Direct.

Infosys has the largest corporate education center in the world in Mysore. It can accommodate 14000 candidates at one time.

In 2009, Infosys created Infosys Prize for excellence in Physical Sciences, Mathematical Sciences, Engineering and Computer Science, Life Sciences and Social Sciences.

Research

Infosys developed a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project life cycle. Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

Charity

In 2005, Infosys donated 10m rupees (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan. Infosys does not currently have an office in Pakistan.

Global offices

Asia Pacific

India – Bengaluru, Bhubaneswar, Chandigarh, Chennai , Coimbatore, Cochin, Thiruvananthapuram , Hyderabad, Jaipur, Mangalore, Mysore, Pune, Thiruvananthapuram Kolkata(2012), Australia – Melbourne, Sydney and China – Beijing, Shanghai, Hangzhou Hong Kong – Hong Kong, Japan – Tokyo, Mauritius – Mauritius, New Zealand – Wellington, UAE – Sharjah, Philippines – Taguig City, Fiji Island – Suva and Thailand – Bangkok

North America

Canada – Toronto, USA – Atlanta (GA), Bellevue (WA), Bridgewater (NJ), Charlotte (NC), Southfield (MI), Fremont (CA), Houston (TX), Glastonbury (CT), Lake Forest (CA), Lisle (IL), New York, Phoenix (AZ), Plano (TX), Quincy (MA), Reston (VA) and Mexico – Monterrey

Europe

Czech Republic – Brno, Belgium – Brussels, Denmark – Copenhagen, Finland – Helsinki, France – Paris, Germany – Frankfurt, Stuttgart, Italy – Milano, Norway – Oslo, Poland – Łódź, The Netherlands – Amsterdam, Spain – Madrid, Burgos, Sweden – Stockholm, Switzerland – Zürich, Geneva and UK – Canary Wharf, London

South America

Brazil – Belo Horizonte

  • Infosys, Pune campus Infosys, Pune campus
  • Movie Theatre, Mysore campus Movie Theatre, Mysore campus
  • Swimming pool & spa, Bangalore campus Swimming pool & spa, Bangalore campus
  • Mangalore campus Mangalore campus
  • Bangalore campus Bangalore campus
  • Infosys Mysore Infosys Mysore
  • Dancing fountains, Bangalore campus Dancing fountains, Bangalore campus
  • Pune campus Pune campus
  • Swimming pool, Mysore campus Swimming pool, Mysore campus
  • Infosys Chennai main block at Mahindra World City, New Chennai Infosys Chennai main block at Mahindra World City, New Chennai
  • The intergerated Eco-Friendly Block at Chennai,one of the biggest in the world The intergerated Eco-Friendly Block at Chennai,one of the biggest in the world
  • The largest TV screen in Asia, Bangalore campus The largest TV screen in Asia, Bangalore campus
  • BPO Building, Bangalore campus BPO Building, Bangalore campus
  • Canteen, Bangalore campus Canteen, Bangalore campus

Notes

  1. ^ "2010 Form 10-K, Infosys Technologies Limited". Infosys Invester.
  2. http://www.rediff.com/business/slide-show/slide-show-1-tech-indias-it-based-services-providers-boom/20110512.htm
  3. Infosys Technologies Limited. "Fact File | Who We Are | About Us". Infosys. Retrieved 27 July 2010.
  4. Narayana Murthy. "Learn entrepreneurship the Infosys way! – CNBC-TV18/TiE-Leaders and Learners". Moneycontrol.com. Retrieved 27 July 2010.
  5. "Rediff On The Net, Infotech: Infosys begins work on Rs 1.35-billion Pune centre". Rediff.com. 11 January 1999. Retrieved 27 July 2010.
  6. "Business: Infosys: Money Machine". India-today.com. 8 November 1999. Retrieved 27 July 2010.
  7. "Money Machine". India Today. 8 November 1999. Retrieved 209-04-12. {{cite web}}: Check date values in: |accessdate= (help)
  8. "Passage to India". Forbes. 30 October 2000. Retrieved 12 April 2009.
  9. "Clinton calls for closer ties to boost IT business". Indian Express. 25 March 2000. Retrieved 12 April 2009.
  10. "Infy plans Rs 440-cr China campus". business.rediff.com. Retrieved 25 October 2010.
  11. R. Sukumar. "India's Best Employers: The Top 5". A BT-Hewitt study. Business Today. Archived from the original on 1 July 2006. Retrieved 10 October 2006.
  12. "INFY 2007 20-F, Item 6". Sec.gov. Retrieved 7 September 2010.
  13. "Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004" (PDF). A Teleos study. Infosys Media. Retrieved 1 December 2004.
  14. "Infosys in the Global Hall of Fame".
  15. http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-june30-2010.pdf
  16. Infosys Technologies Limited. "Sustainability". Infosys. Retrieved 27 July 2010.
  17. Infosys Technologies Limited. "InStep | About Internship | Global Academic Program". Infosys. Retrieved 27 July 2010.
  18. "Summer fun". The Hindu. 14 June 2004. Retrieved 12 October 2006.
  19. Infosys Technologies Limited. "Sonia Gandhi Inaugurates Global Education Center in Mysore | Press Releases | Newsroom". Infosys. Retrieved 27 July 2010.
  20. "Infosys Prize – About". Infosys-science-foundation.com. Retrieved 27 July 2010.
  21. "Tracking a Shopper's Habits". Technology Review. Retrieved 27 July 2010.
  22. "South Asia | Indian quake aid reaches Pakistan". BBC News. 12 October 2005. Retrieved 27 July 2010.
  23. Infosys Technologies Limited. "Contact | APAC". Infosys. Retrieved 7 September 2010.

References

External links


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