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Information about Infosys

Infosys Technologies Limited
Public NASDAQ: INFY
BSE: 500209
FoundedJuly 2, 1981
Headquarters Electronics City, Hosur Road, Bangalore, India
Key peopleN. R. Narayana Murthy (Founder, Chairman and Chief Mentor)
Nandan Nilekani (Co-founder and Co-Chairman)
Kris Gopalakrishnan (Co-founder, CEO and MD)
S. D. Shibulal (Co-founder and COO)
IndustrySoftware services
ProductsFinacle (a financial software package for the banking industry)
ServicesInformation technology services and solutions
Revenue $3.1 billion (in FY 2006-07)
Employees80,501 (As on September 30th, 2007)
Websitewww.infosys.com


Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is a multinational information technology services company headquartered in Bangalore, India. It operates nine development centers in India and has over 30 offices worldwide. Infosys' annual revenues for the fiscal year 2006-2007 exceeded US$3.1 billion with a market capitalization of over US$30 billion. Infosys' income was at Rs. 4,106 crore ($1.039 billion) and net profit was at Rs. 1,100 crore ($278 million) for the quarter ended September 30, 2007. This was the first time the revenues crossed $ 1 billion in a quarter [1] Infosys and its subsidiaries employ over 80,501 professionals (as of September 30, 2007) worldwide and it is one of India's largest IT companies.[2]

History

Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy and six others: Nandan Nilekani, N. S. Raghavan, Kris Gopalakrishnan, Sushrut Nadgir(now in RETL), 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 Indian 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 2003, 2004 and 2005, being the only Indian company to win this award and is inducted into the Global Hall of Fame for the same.[6][7]

Timeline

During the 14-year period from 1993 to 2007, the issue price of an Infosys share has increased three thousand-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 (approximately $300 according to the 1993 exchange rate) would, in 2007, 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 over this duration.[14]

Key industries

Enlarge picture
Infosys HQ in Bangalore.
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.

Initiatives

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 [1]

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.[15]

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.

Research

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.[16] Infosys along with Motorola developed an RFID interactive mirror for Paxar. [17] [18]

SETLabs has created about five to six frameworks in the domains of business modelling, technology and product innovation. [19]

Many SETLabs researchers blog and speak in international forums. George Eby Mathew is one of SETLabs Researchers who authors two blogs called Guruspeak[20].

Global offices

Asia Pacific

Americas

Europe




Infosys Bangalore Campus

Infosys Mysore campus

The Pyramid shaped building at Electronics City campus

Cycling inside Infosys

Infosys Pune Food Court on a wet day.

SDB 2, One of the first buildings to be operational at Pune, Phase 2 Office.

Infosys, Pune DC, Under Construction ECC as reflected on SDB-4.


Notes

1. ^ "Infosys Q2 net at Rs 1,100 cr", NDTV.com. 
2. ^ Infosys Technologies (NASDAQ: INFY) Announces Results for the Quarter ended September 30, 2007.
3. ^ The amazing Infosys story. Rediff.com (July 11, 2006). Retrieved on 2006-10-30.
4. ^ R. Sukumar. India's Best Employers: The Top 5. A BT-Hewitt study. Business Today. Retrieved on 2006-10-10.
5. ^ BW Most Respected Company Awards 2004. Business World (2004). Retrieved on 2006-10-10.
6. ^ Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004 (PDF). A Teleos study. Infosys Media. Retrieved on 2004-12-01.
7. ^ Infosys in the Global Hall of Fame.
8. ^ Infosys Technologies Limited (2002-04-16). Infosys announces Progeon, its Business Process Management ("BPM") venture. Press release. Retrieved on 2006-10-11.
9. ^ Shishir Bhate (July 30, 2006). IBM is legacy, Infosys is the future. Rediff.com. Retrieved on 2007-05-15.
10. ^ Narayana Murthy bids adieu to Infosys
11. ^ Infosys Technologies Limited (2006-04-20). Infosys buys out Citi’s stake in Progeon. Press release. Retrieved on 2006-10-11.
12. ^ Infosys Makes it to Nasdaq 100, Infosys Press release.
13. ^ "Infosys Awarded Multi-Year Global BPO Contract by Royal Philips Electronics". 
14. ^ Sivakumar, Srividhya (January 07, 2007). The wealth that IPOs hide. The Hindu Business Line. Retrieved on 2007-01-19.
15. ^ Summer fun. The Hindu (2004-06-14). Retrieved on 2006-10-12.
16. ^ [2]
17. ^ [3]
18. ^ [4]
19. ^ [5]
20. ^ [6]
21. ^ Visakhapatnam Information Technology

References

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Electronics City is an electronics industrial park spread over 332 acres (1.3 km²) in Konappana Agrahara and Doddathogur villages, just outside Bangalore, India. It houses more than a hundred industries, including IT industry leaders such as Hewlett-Packard, Motorola, Infosys,
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Hosur Road is the part of National Highway 7 which connects the city of Bangalore and the Tamil Nadu border town of Hosur. It is a four-lane highway which also has service lanes on either sides at the busier parts.
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Coordinates: Bangalore (Indian English: ] (help info ) ), officially Bengaluru
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N.R. Narayana Murthy (Kannada: ಎನ್. ಆರ್. ನಾರಾಯಣಮೂರ್ತಿ
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Nandan Nilekani is an Indian software entrepreneur. He is currently the Co-Chairman of Infosys Technologies Ltd, of which he is also a co-founder, along with N. R. Narayana Murthy and others.
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Kris Gopalakrishnan is an Indian industrialist, software engineer and one of the 7 founders of Infosys Technologies, a global consulting and IT services company based in India.

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Kris obtained M.Sc. (Physics) in 1977 and M. Tech.
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Coordinates: Bangalore (Indian English: ] (help info ) ), officially Bengaluru
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