Infosys was founded on , N. S. Raghavan,
Kris Gopalakrishnan , S. D. Shibulal, K. Dinesh and Ashok Arora
3, with Raghavan officially being the first employee of the company. Murthy started the company by borrowing Rs.10,000 from his wife
Sudha Murthy . The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in
Matunga , north-central
Mumbai as the registered office. In 1983, Infosys moved its headquarters to Bangalore, the capital of
Karnataka . In
1987 Infosys got its first foreign client, Data Basics Corporation from the
United States .
In
1999 Infosys attained a
SEI-CMM Level 5 ranking and became the first
India n company to be listed on
NASDAQ . In
2001 it was rated "Best Employer in India" by
Business Today ,
4 and in
2002 Business World named Infosys "India's Most Respected Company".
5 Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award, for the years 2004 and 2003, being the only Indian company to win this award.
6
- , Nandan Nilekani , N. S. Raghavan , Kris Gopalakrishnan , S. D. Shibulal , K. Dinesh and Ashok Arora
- in Fremont, California , now its US headquarters
- of Rs. 13 Crores .
- in Milton Keynes , UK
- , Canada
- 1999 : Listed on Nasdaq
- and Hong Kong
- and Argentina
- , Singapore and Switzerland
- , its BPO (business process outsourcing) subsidiary7
- 2003 : Acquired 100% equity of Expert Information Services Pty Limited, Australia (Expert) and changed the name to Infosys Australia Pty Limited.
- , U.S.
- 2006 : July 2, Infosys celebrated its 25 years8
- 2006 : Became the first Indian company to ring the NASDAQ Stock Market Opening Bell
- retired from his position as the executive chairman Narayana Murthy bids adieu to Infosys
- had in its BPO offshoot Progeon, making it a wholly owned subsidiary of Infosys and changed the name to Infosys BPO Ltd. 9
- 2006 : December, became the first Indian company to make it to Nasdaq-100 Infosys Makes it to Nasdaq 100 , Infosys Press release.
- stepped down as CEO and made way for Kris Gopalakrishnan to occupy his chair effective June 2007
During the 14-year period from 1993 to 2007, the share issue price of Infosys has increased 3000-fold. An investment of
Rs . 9,500 (100 shares at an issue price of Rs 95) in the
Initial Public Offering of Infosys in 1993 (Rs. 9,500 was approximately $300 according to the 1993
Exchange Rate ) would now be worth Rs. 29,440,000 ($665,235 according to the 2007 exchange rate) after adjusting for stock splits and bonuses. This is excluding the dividends that the company has paid out.
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Infosys serves various industries through its vertical business units, such as:
- Aerospace and Automobile (AnA)
- Banking & Capital Markets (BCM)
- Communication Service Providers (CSP)
- Resources, Energy & Utilities (REU)
- Hi Tech & Discrete Manufacturing (HTDM)
- Insurance, Healthcare & Life Sciences (IHL)
- Media and Entertainment
- Product Lifecycle and Engineering Solutions (PLES)
- Retail, Distribution & CPG (RETL)
- Transportation & Services (TnS)
- Independent Validation Solutions (IVS) - provides software testing services.
- IT Infrastructure Management Services (IMS) - manages core networks, data centers and servers of clients.
- Real Estate
- Life science
In addition to these, there are business units aligned to clients' geographies, such as EMEA (Europe, Middle East & Africa), APAC (Asia-Pacific) and CAND (Canada). There are also horizontal business units such as ES (Enterprise Solutions), which specializes in ERP and package implementation and works with clients across industries and geographies and SI (Systems Integration), which provides integration services to clients.
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 ,
Orissa and
Punjab . The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Chairman Narayana Murthy.
Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalize its academic relationships worldwide under the umbrella of a program called AcE - Academic Entente. Through case study writing, participation in academic conferences and university events, research collaborations, hosting study trips to Infosys Development Centers and running the InStep Global Internship Program, the company communicates with important stakeholders in the academia, recognizing the fact that the message extends beyond campuses, to customers, shareholders, partners and other stakeholders associated with academia.
InStep – Infosys’ Global Internship Program, is one of the key components of the Academic Entente initiative, and offers live, dynamic projects to interns from the top 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.
Through InStep, the company leverages the diverse experiences of global talent to bring in fresh ideas and create a more multicultural environment. Interns gain exposure to a flat world company and an international business environment. The skills gained and networks formed over the course of the internship serve as valuable tools for interns in their future career endeavors. It also provides them a chance to explore career opportunities with Infosys.
For more information log on to http://www.infosys.com/InStepWeb/default.htm
In
1997 Infosys started the "Catch them Young Programme", to expose the urban youth to the world of Information Technology by conducting a summer vacation programme. The programme is aimed at developing an interest and understanding of
Computer Science and information technology. This programme is targeted at students in Grade IX level.
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In 2002, the
Wharton Business School of the
University Of Pennsylvania and Infosys started the
Wharton Infosys Business Transformation Award . This technology award recognizes 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 .
One of the major initiatives taken by Infosys in terms of research was to develop 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 lifecycle.
Infosys publishes a peer-reviewed quarterly journal called ''SETLabs Briefings'' which has articles written by the researchers at SETLabs on various current and future business-transforming technology management themes. Infosys has a RFID and Pervasive Computing Technology practice which is providing
RFID and wireless services to clients.
{Link without Title} Infosys along with Motorola developed an RFID interactive mirror for Paxar. http://www.allbusiness.com/services/business-services/4339342-1.html http://www.gizmag.com/go/7212/
SETLabs has created about five to six frameworks in the domains of business modelling, technology and product innovation.
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- India: Bangalore , Pune , Hyderabad , Chennai , Bhubaneswar , Mangalore , Mysore , Mohali , Thiruvananthapuram , Chandigarh , Vishakapatnam (proposed) Visakhapatnam Information Technology
- Canada: Toronto
- USA: Atlanta (GA) , Bellevue (WA) , Bridgewater (NJ) , Charlotte (NC) , Detroit , Fremont (CA) , Houston , Lake Forest (CA) , Lisle (IL) , New York , Phoenix (AZ) , Plano (TX) , Quincy (MA) , Reston (VA)
- Mexico: Monterrey
