Infosys

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Infosys Technologies Ltd.

Type of Company	Public (NASDAQ: INFY)
Founded	July 2, 1981
Headquarters	Bangalore, India
Key people	N. R. Narayana Murthy, Chairman of the Board and Chief Mentor Nandan Nilekani, CEO and Managing Director Kris Gopalakrishnan, President, COO
Industry	Computer Services
Products	See complete products listing.
Revenue	$2.2 billion USD
Employees	~66,000 (2006)
Slogan	Powered by Intellect Driven by Values
Website	www.infosys.com

Infosys Technologies Limited (NASDAQ: INFY) is an information technology (IT) company founded in Pune, India in 1981 by N. R. Narayana Murthy. In 1983, Infosys moved its headquarters to Bangalore, capital of Karnataka. It operates nine development centers in India and has over 30 offices worldwide. Annual revenues for fiscal year 2006 exceeded US$2.15 billion with a market capitalization of over US$30 billion. With over 66,000 employees worldwide, Infosys is one of India's largest IT companies.^[1]

1 History
2 Timeline
3 Key Industries
4 Initiatives
5 Global Offices
6 Trivia
7 Notes
8 References
9 External links

[edit] History

Infosys was founded on July 2, 1981 by seven software professionals: N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora.^[2] 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 got its first client, Data Basics Corporation from USA.

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,^[3] and in 2002 Business World named Infosys "India's Most Respected Company".

[edit] Timeline

1981: Founded on July 2
1987: First international office in the US in Fremont, California, now its US headquarters
1992: Became a public limited company in India
1996: First office in Europe in Milton Keynes, UK
1997: Office in Toronto, Canada
1999: Listed on Nasdaq
2000: Opened offices in France and Hong Kong
2001: Opened offices in United Arab Emirates and Argentina
2002: Opened new offices in Netherlands, Singapore and Switzerland
2002: Started Progeon, its BPO (business process outsourcing) subsidiary
2003: Acquired 100% equity of Expert Information Services Pty Limited, Australia (Expert) and changed the name to Infosys Australia Pty Limited.
2004: Set up Infosys Consulting Inc., U.S. consulting subsidiary in Texas, U.S.
2006: July 2, Infosys celebrated its 25 years
2006: Became the first Indian company to ring the NASDAQ Stock Market Opening Bell
2006: August 20, N. R. Narayana Murthy retired from his position as the executive chairman^[4]
2006: Acquired the 23% stake Citibank had in its BPO offshoot Progeon, making it a wholly owned subsidiary of Infosys and changed the name to Infosys BPO Ltd.

[edit] Key Industries

Business Vertical Specific Industries include:

Aerospace and Automobile
Banking & Capital Markets
Communication Service Providers
Energy, Utilities & Resources
Hi Tech & Discrete Manufacturing
Insurance, Healthcare & Life Sciences
Media and Entertainment
Product Lifecycle and Engineering Solutions(PLES)
Retail, Distribution & CPG
Transportation & Services
Independent Validation Solutions
Real Estate

[edit] 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.

Infosys offers internship to university students from many parts of the world through its InStep programme. Most of the interns work at Electronics City, Bangalore. The premise of the internship is to promote the corporate brand globally while interns gain business or technical work experience.

In 1997 Infosys started the "Catch them Young Programme", to expose the urban youth to the world of Information Technology by conducting a summer vocation 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.

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.

[edit] Global Offices

[edit] Americas

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)

[edit] Europe

Belgium: Brussels
Denmark: Copenhagen
Finland: Helsinki
France: Paris
Germany: Frankfurt, Stuttgart
Italy: Milano
Norway: Oslo
The Netherlands: Utrecht
Spain: Madrid, Burgos
Sweden: Stockholm
Switzerland: Zürich
UK: Canary Wharf, London

[edit] Asia Pacific

India: Bangalore, Pune, Hyderabad,Chandigarh, Chennai, Bhubaneswar, Mangalore, Mysore, Mohali, Thiruvananthapuram
Australia: Melbourne, Sydney
China: Beijing, Shanghai
Hong Kong: Hong Kong
Japan: Tokyo
Mauritius: Mauritius
UAE: Sharjah

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. Seen on background is the latest "Spaceship" Building having finishing touches.