Infosys

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Infosys Technologies Limited

Public Type BSE: 500209 NASDAQ: INFY

Industry

IT services IT consulting

Founded

2 July 1981

N R Narayana Murthy Nandan Nilekani N. S. Raghavan Founder(s) Kris Gopalakrishnan S. D. Shibulal K Dinesh Ashok Arora

Headquarters

Bengaluru, Karnataka, India

N R Narayana Murthy Key people

(Chairman)

Kris Gopalakrishnan
(CEO & MD)

S. D. Shibulal
(COO & Director)

Products

Finacle

Services

Information technology consulting services, solutions and outsourcing.

Revenue

21,140 crore (US$ 4.8 billion) (31st

March, 2010)
[1]

Operating income

7,472 crore (US$ 1.7 billion)

(2010)
[1]

Profit

5,803 crore (US$ 1.32 billion)

(2010)
[1]

Total assets

$6.150 billion (2010)[2]

Total equity

$5.361 billion (2010)[2] 122,468 (2010)[3][4]

Employees

Infosys BPO Infosys Consulting Infosys Public Services Divisions Infosys Australia Infosys Brazil Infosys China Infosys Mexico Infosys Sweden

Website

Infosys.com

Infosys (BSE: 500209, NASDAQ: INFY Kannada:

) is an information technology

services company headquartered in Bengaluru, India. Infosys is one of the largest IT companies in India with 122,468 employees (including subsidiaries) as of 2010.[4] It has offices in 33 countries and development centres in India, China, Australia, UK, Canada and Japan.[5]

Contents
[hide]

1 History 2 Current share holding 3 Initiatives o 3.1 Intranet 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 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.[6] The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.[7]

Infosys headquarters in Bengaluru, India

Infosys went public in 1993. Interestingly, Infosys IPO was under subscribed but it was bailed out by US investment banker Morgan Stanley which picked up 13% of equity at the offer price of Rs. 95 per share.[8] The share price surged to Rs. 8,100 by 1999. By the year 2000 Infosys's shares touched Rs. 110 before the catastrophic incident of September 11th, changed all that.[9] According to Forbes magazine, since listing on the Bombay Stock Exchange till the year 2000, Infosys' sales and earnings compounded at more than 70% a year.[10] In the year 2000, President of the United States Bill Clinton complimented India on its achievements in high technology areas citing the example of Infosys.[11] Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai. [12] In 2001, it was rated Best Employer in India by Business Today.[13] 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.[14] 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.[15][16]

[edit] Current share holding

Promoters and their families hold 16%.Govt. of India enterprise with 3.84% can be termed as the single largest share holder. Govt. of UAE and Govt. of Singapore also holds significant shares.Rest of the shares are owned by Financial institutions,Individual investors. [17]

[edit] Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.[18] 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, Kerala, Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Founder Cum Chief Mentor Narayan 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.[19] 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 the 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. InStep interns are also provided career opportunities with Infosys. In 1997, Infosys started the "Catch them Young Program", to expose the urban youth to the world of 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.[20]

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. Infosys has the largest corporate education center in the world in Mysore. It can accommodate 14000 candidates at one time.[21] In 2009, Infosys created Infosys Prize for excellence in Physical Sciences, Mathematical Sciences, Engineering and Computer Science, Life Sciences and Social Sciences.[22]

[edit] Intranet
Infosys's intranet, called "Sparsh" after the Sanskrit word for "touch," supports over 114,822 employees across 26 countries in which Infosys operates. Sparsh is the company's primary channel for news and official information, and a communication platform for employees. In 2007, Sparsh was selected as one of "The Year's 10 Best Intranets" by the Nielsen Norman Group, a user experience research firm that advises companies on human-centered product and service design.[23] Infosys is the first Indian company to be selected for the group's Intranet Design Annual Award.

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

[edit] Charity
In 2005, Infosys donated 10m rupees (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.[25] Infosys does not currently have an office in Pakistan.

[edit] Global offices

[edit] Asia Pacific
India - Bengaluru, Bhubaneswar, Chandigarh, Chennai, Hyderabad, Jaipur, Mangalore, Mysore, Pune, Thiruvananthapuram,[26] Australia - Melbourne, Sydney and China - Beijing, Shanghai Further information: Infosys China 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, 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 and UK - Canary Wharf, London

[edit] South America

Brazil - Belo Horizonte

Infosys, Pune campus

Movie Theatre,

Swimming pool & spa, Mangalore campus

Mysore campus

Bangalore campus

A building in Thiruvananthapuram campus

Bangalore campus Infosys Mysore campus

Dancing fountains, Bangalore campus

Pune campus

Swimming pool, Mysore campus

Infosys Chennai main block at Mahindra World City, New Chennai

The intergerated EcoFriendly Block at Chennai,one of the biggest in the world

Chandigarh.jpg Chandigarh campus The largest TV screen BPO Building, Bangalore campus Canteen, Bangalore in Asia, Bangalore campus campus

[edit] Notes