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| Company type | Public (Nasdaq: INFY) |
|---|---|
| Industry | Computer Services |
| Founded | 1981 |
| Headquarters | Bangalore, India |
| Key people | N. R. Narayana Murthy, Chairman of the Board and Chief Mentor Nandan Nilekani, CEO, President and Managing Director |
| Products | See complete products listing. |
| Revenue |  $2.2 billion USD |
| Number of employees | ~50,000 (2006) |
| Website | www.infosys.com |
Infosys Technologies Limited (Nasdaq: INFY) is a global information technology (IT) services, solutions and consulting major started in Pune in 1981 and currently based in Bangalore, Karnataka,Mohali,Pune.
With nearly 50,000 employees and ( 1 X Employee Venkatachalam C.T ) and revenues of over US $2.1 billion, Infosys is one of India's biggest IT companies.
Infosys was founded in 1981 by 7 software professionals. In 1999, Infosys attained SEI-CMM level 5. In 2001 and again in 2002, it was rated "Best Employer in India" and "India's Most Respected Company" by the business periodicals Business Today and Business World respectively.
Currently, Infosys employs approximately 49,000 software professionals in about 30 offices worldwide as of 2006, working on varied areas mainly in consulting, software and product development. The headquarters are located at Electronics City, Bangalore, one of the largest IT campuses in the world.
Most of the revenue is generated through consulting and IT services. Infosys expects to cross US $ 2 billion in revenues for the fiscal year ending March 2006.
INFOSYS WILL PAY 1000 RS.é
History
Infosys was started in 1981, in the city of Pune in the state of Maharashtra, India. A team of seven experienced software professionals, led by N. R. Narayana Murthy promoted the company. They brought into the company their wide experience, having handled projects in developed countries like United States, Europe and Canada. MICO was their first client.
Their initial foray into the US market was through a company called Data Basics Corp. as a “body-shop” or on-site developer of software for US customers. Later, in 1987, Infosys formed a joint venture with Kurt Salmon Associates to handle marketing in the US.
Offices and facilities
Besides its headquarters, Infosys has offices in Atlanta, Beijing, Bellevue, Berkeley Heights, Bhubaneshwar, Brussels, Charlotte, Chennai, Detroit, Frankfurt, Fremont, Hong Kong, Hyderabad, Lake Forest, Lisle, London, Mangalore, Mauritius, Melbourne, Milano, Mohali, Mumbai, Mysore, New Delhi, Paris, Phoenix, Plano, Pune, Quincy, Reston, Shanghai, Sharjah, Stockholm, Stuttgart, Sydney, Thiruvananthapuram, Tokyo, Toronto, Utrecht and Zurich.
India
Timeline
- 1987 - it set up its first international office in the US in Fremont, California, now its US headquarters
- 1992 - became a public limited company in India
- 1993 - ISO 9001 certification
- 1996 - it set up its first office in Europe in Milton Keynes, UK.
- 1997 - it opened office in Toronto, Canada.
- 1997 - attained SEI-CMM level 4
- 1999 - listed on Nasdaq, crossed 100 million $ in revenue and attained SEI-CMM level 5
- 2000 - it opened offices in France and Hong Kong.
- 2001 - it opened offices in United Arab Emirates and Argentina, crossed 400 million $ in revenue
- 2002 - it opened new offices in Netherlands, Singapore and Switzerland. Infosys start Progeon, its BPO (business process outsourcing) subsidiary, crossed half a billion dollars in revenue
- 2003 - it acquires "Expert Information Services" in Australia to form Infosys Technologies Australia.
- 2003 - it wins a Top Brand with a Conscience award from the Medinge Group of Sweden.
- 2004 - it set up Infosys Consulting Inc., U.S. consulting subsidiary in Texas, U.S., crossed 1 billion $ in revenue
- 2005 - it gets inducted into the Global MAKE Hall of Fame.
Key industries
Business Vertical Specific Industries include:
- Aerospace and Automobile
- Banking & Captial Markets
- Communication Service Providers
- Energy, Utilities & Resources
- Hi Tech & Discrete Manufacturing
- Insurance, Healthcare & Life Sciences
- Retail, Distribution & CPG
- Transportation & Services
Geographical Regions Specific Industries include:
- Asia Pacific
- Europe, Middle East & Africa
- Canada
Other Infosys Group Companies are:
- Progeon Ltd.
- Infosys Technologies Sanghai Ltd.
- Infosys Technologies Australia Ltd.
- Infosys Consulting Inc.
Finacle, a banking software product, is the universal banking solution from Infosys. As of November 2005, it has been deployed in various banking institutions in 47 countries around the world.
Products
- Main article: List of Infosys products
Wharton Infosys Business Transformation Award
Wharton Infosys Business Transformation Award is a technology award started by The Wharton Business School of the University of Pennsylvania and Infosys in 2002. This award recognizes enterprises and individuals who have transformed their businesses and the society leveraging information technology. Some of the past winners have been Samsung, Amazon.com, RBS and ING Direct.
Any company or individual can apply directly or nominate others. The winners are decided by an independent jury comprising some of the best known thought leaders in IT.
WIBTA is one of the only global business awards combining the education and research strengths of a world class academic institution with the business acumen of a world leader in information technology services.
InStep
InStep is Infosys' internship program offered to university students who are from many parts of the world. The bulk of the interns work in the main campus at Electronics City, Bangalore, though a few are available globally. The interns are offered a stipend, free airfare, accommodation, food, and city transportation. Although they officially mention deadlines for applications, they recruit all year round. Each intern is usually assigned to one mentor. They are able to work in many areas of the company including Corporate Planning with top management. The premise of the internship is to promote the corporate brand globally while interns gain business or technical work experience.
Infosys Foundation
In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in the areas of health care, social rehabilitation and rural upliftment, education, arts and culture. Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Orissa and Punjab.
Infosys Acquisitions
In 2003 - 04 Infosys has acquired 100% equity of Expert Information Services Pty Limited, Australia (Expert).
External links
- Infosys official website
- Infosys Consulting
- Progeon official website
- Finacle - Universal Banking Solution product from Infosys