Infosys

From Wikipedia, the free encyclopedia Infosys Limited

Type Traded as Industry

Public company BSE: 500209 NSE: INFY NASDAQ: INFY IT services IT consulting N. R. Narayana Murthy Nandan Nilekani N. S. Raghavan S. Gopalakrishnan S. D. Shibulal K Dinesh Ashok Arora Bengaluru, Karnataka, India Worldwide K. V. Kamath
(Chairman)

Founder(s)

Headquarters Area served

Key people

S. Gopalakrishnan
(Co-Chairman)

S.D. Shibulal
(CEO & MD)

Products Services Revenue Operating income Profit Total assets Total equity Employees Divisions

Finacle Flypp mConnect Information technology consulting services, solutions and outsourcing. US$ 6.041 billion (2011)[1] US$ 1.779 billion (2011)[1] US$ 1.499 billion (2011)[1] US$ 7.010 billion (2011)[1] US$ 6.122 billion (2011)[1] 133,560 (2011)[1] Infosys BPO

Infosys China Website infosys.com

Infosys Limited, formerly known as Infosys Technologies Limited (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. It is the second largest IT exporter in India with 133,560 employees as of March 2011.[1] It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan.[2] Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. The company also provides software products to the banking industry. Through Infosys business process outsourcing (BPO), it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.

Contents
[hide]

1 History 2 Current share holding 3 Initiatives 4 Research 5 Charity 6 Global offices o 6.1 Asia Pacific o 6.2 North America o 6.3 Europe o 6.4 South America 7 Notes 8 References 9 External links

[edit] 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.[3] The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.[4]

Infosys headquarters in Bengaluru, India According to Forbes magazine, since its 1993 public listing on the Bombay Stock Exchange until the year 2000, Infosys' sales and earnings compounded at more than 70% a year.[5] In the year 2000, President Bill Clinton complimented India on its achievements in high technology, citing the example of Infosys along with Wipro and Satyam Computers.[6] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.[7] In 2001, it was rated the Best Employer in India by Business Today.[8] 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.[9] 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.[10][11] The first development center outside Bangalore was setup in the coastal city of Mangalore in the year 1995.

[edit] Current share holding

Life Insurance Corporation of India with 3.84% is the single largest shareholder. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi, and the Government of Singapore also hold significant shareholdings. The remaining public shares are owned by financial institutions and individual investors.[12]

[edit] Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[13] In 1996, Infosys created the Infosys Foundation, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread its activities from its headquarters in Karnataka to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. The Infosys Foundation is chaired by the wife of company founder Narayana Murthy, Mrs. Sudha Murthy. 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.[14] 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 universities around the world. InStep recruits undergraduate and graduate 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 urban youth to 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.[15]

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 houses the largest corporate education center in the world in Mysore. The facility can accommodate 14,000 candidates at one time.[16] In 2009, Infosys created Infosys Prize for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.[17]

[edit] 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.[18] Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.

[edit] Charity

In 2005, Infosys donated 10 million (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.[19] Infosys does not currently have an office in Pakistan.

[edit] Global offices

[edit] Asia Pacific
India Bengaluru, Bhubaneswar, Chandigarh, Chennai, Kolkata,[20][21] Thiruvananthapuram, Hyderabad, Jaipur, Mangalore, Mysore, Pune[22] Australia Melbourne, Sydney, Brisbane China Beijing, Shanghai, Hangzhou, Dalian, JiaXing Hong Kong Hong Kong, Japan Tokyo, Mauritius Mauritius, New Zealand Wellington, UAE Sharjah, Philippines Taguig City, Fiji Island Suva and Thailand Bangkok.'

[edit] 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 (NY), Phoenix (AZ), Plano (TX), Quincy (MA), Reston (VA) and Mexico Monterrey

[edit] Europe
Czech Republic Brno, Belgium Brussels, Denmark Copenhagen, Finland Helsinki, France Paris, Germany Frankfurt, Stuttgart, Italy Milano, Norway Oslo, Poland d, The Netherlands Amsterdam, Spain Madrid, Burgos, Sweden Stockholm, Switzerland Zrich, Geneva, Russia - Moscow, and UK Canary Wharf, London

[edit] South America

Brazil Belo Horizonte

Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[13] In 1996, Infosys created the Infosys Foundation, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread its activities from its headquarters in Karnataka to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab. The Infosys Foundation is chaired by the wife of company founder Narayana Murthy, Mrs. Sudha Murthy. 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.[14] 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 universities around the world. InStep recruits undergraduate and graduate 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 urban youth to 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.[15]

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 houses the largest corporate education center in the world in Mysore. The facility can accommodate 14,000 candidates at one time.[16] In 2009, Infosys created Infosys Prize for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.[17]

[edit] Research

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What We Do
Infosys Limited (NASDAQ: INFY) was started in 1981 by seven people with US$ 250. Today, we are a global leader in the "next generation" of IT and consulting with revenues of US$ 6.604 billion (LTM Q2-FY12). Infosys defines, designs and delivers technology-enabled business solutions for Global 2000 companies. Infosys also provides a complete range of services by leveraging our domain and business expertise and strategic alliances with leading technology providers. Our offerings span business and technology consulting, application services, systems integration, product engineering, custom software development, maintenance, re-engineering, independent testing and validation services, IT infrastructure services and business process outsourcing. Infosys pioneered the Global Delivery Model (GDM), which emerged as a disruptive force in the industry leading to the rise of offshore outsourcing. The GDM is based on the principle of taking work to the location where the best talent is available, where it makes the best economic sense, with the least amount of acceptable risk.

Infosys has a global footprint with 64 offices and 65 development centers in US, India, China, Australia, Japan, Middle East, UK, Germany, France, Switzerland, Netherlands, Poland, Canada and many other countries. Infosys and its subsidiaries have 141,822 employees as on September 30, 2011. Infosys takes pride in building strategic long-term client relationships. 98.5% of our revenues come from existing customers (Q2 FY 12).