Infosys
From Open Encyclopedia
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company_logo = Image:Infosys logo sml.gif | company_slogan = Powered by Intellect Driven by Values | foundation = 1981 | location = Bangalore, India | key_people = N. R. Narayana Murthy, Chairman of the Board and Chief Mentor
Nandan Nilekani, CEO, President and Managing Director
| industry = Computer Services | products = See complete products listing. | revenue = Image:Green up.png$1.5 billion USD | num_employees = ~50,000 (2006) | homepage = 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 later shifted to Bangalore, Karnataka.
With over 50,000 employees and revenues of over US $1.75 billion, Infosys is one of India's major IT companies.
Infosys was founded in 1981 by N.R. Narayana Murthy, Nandan Nilekani, N.S. Raghavan, S. Gopalakrishnan, S.D. Shibulal and K. Dinesh. Nandan Nilekani is the Managing Director, President and CEO. Narayana Murthy is the Chief Mentor.
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 46,000 software professionals in about 30 offices worldwide as of 2005, working on varied areas mainly in consulting, software and product development. The main office and development center is located at Electronics City, Bangalore which is 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.
Contents |
History
Murthy was working for Patni Computer Services(PCS) initially.
Infosys was started in 1981, as a Private Limited Company, under the name of Infosys Consultants Pvt. Ltd. A team of seven experienced software professionals, led by Mr.N. R. Narayana Murthy promoted the company. They brought into the company their wide experience, having handled projects in developed countries like USA, Europe and Canada. There are anecdotal experiences told by Sudha moorthy about cooking and serving food for all the partners of Infosys when the company was taking wings in the initial stages.MICO was their first client.The company’s operations were carried out from a development centre in Bangalore..
Offices and facilities
Image:Infosys.Electronic.City.Lunch.Time.JPG
Infosys has offices in Australia, Belgium, Canada, China, France, Germany, Hong Kong, India, Italy, Japan, Mauritius, The Netherlands, Scandinavia, Switzerland, UAE, UK and USA.
Infosys has development centers in the following cities in India: Bangalore, Hyderabad,, Mangalore, Mysore, Pune, Bhubaneshwar, Chennai, Thiruvananthapuram and Mohali.
More than 15,000 professionals work at the Electronics City campus in Bangalore. The campus provides amenities like food courts, ATMs and bank extension counters, one of the largest gymnasiums in Asia and a mini golf course among others. It is usual for foreign dignitaries visiting Bangalore to make a visit to the campus.
Around 10 software professionals work in the Delhi development centre (Phase 1). The second phase of the Pune development center covers an area of 110 acres (450,000 m²) and, once fully built up, will have a total capacity of 25,000 professionals.
Timeline
- 1987 - it set up its first international office in the US in Fremont, California.
- 1996 - it set up its first office in Europe in Milton Keynes, UK.
- 1997 - it opened offices in Toronto, Canada.
- 2000 - it opened offices in France and Hong Kong.
- 2001 - it opened offices in United Arab Emirates and Argentina.
- 2002 - it opened new offices in Netherlands, Singapore and Switzerland. Infosys start Progeon, its BPO (business process outsourcing) subsidiary.
- 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, US.
- 2005 - it gets inducted into the Global MAKE Hall of Fame.
Key industries
The key industries covered currently under this practice are:
- Engineering Enterprises
- Financial Services
- Healthcare
- Life Sciences
- Manufacturing
- Retail & Consumer Packaged Goods
- Banking and Capital Markets
- Travel and Leisure
- Media and Entertainment
- Technology
- Telecom
- Transportation¨
- Aviation
- Utilities & Energy
- Enterprise Solutions
- Business process outsourcing (BPO) through Progeon
- Consulting
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).
