Infosys
History:
Infosys was co-founded in 1981 by Narayan Murthy, Nandan Nilekani, N. S.
Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora after they resigned
from Patni Computer Systems. The company was incorporated as "Infosys Consultants Pvt
Ltd." with a capital of Rs. 10,000 (roughly $250) in Model Colony, Pune as the registered office
and signed its first client, Data Basics Corporation, in New York. In 1983, the company's
corporate headquarters was relocated to Bangalore.
Change in name: It changed its name to "Infosys Technologies Private Limited" in April 1992
and to "Infosys Technologies Limited" when it became a public limited company in June 1992. It
was later renamed to "Infosys Limited" in June 2011.
About:: Infosys is a global leader in consulting, technology, and outsourcing solutions. As a
proven partner focused on building tomorrow's enterprise, Infosys enables clients in more than
30 countries to outperform the competition and stay ahead of the innovation curve. With
US$8.25bn in FY14 revenues and 160,000+ employees, we provide enterprises with strategic
insights on what lies ahead. We help enterprises transform and thrive in a changing world
through strategic consulting, operational leadership, and the co-creation of breakthrough
solutions, including those in mobility, sustainability, big data, and cloud computing.
Products & Services: It provides software development, maintenance and independent
validation services to companies in banking, finance, insurance, manufacturing and other
domains. One of its known products is Finacle which is a universal banking solution with various
modules for retail and corporate banking.
List of CEO’s:
N.R Narayana Murthy: 1981 to March 2002
Nandan Nilekani: March 2002 to April 2007
S. Gopalakrishnan: April 2007 to August 2011
S.D. Shibulal: August 2011 to July 2014
Vishal Sikka: 1st - August 2014 to date.
Awards and Recognitions:
Infosys was ranked 15th largest IT services provider in the world by HfS Research in its
2013 ranking.
Infosys was ranked #19 amongst the world's most innovative companies by Forbes.
The company was ranked number one among the best managed companies in Asia Pacific
in the annual Euromoney Best Managed Companies in Asia survey, 2013 and named a
leader in The ForresterWave™: Enterprise Mobility Services, Q1 2013 report.
Infosys was identified as one of the top 25 performers in Caring for Climate Initiative by UN
Global Compact and UN Environment Program – the only global consulting and technology
major in the list.
Infosys Cloud Ecosystem Hub won the 2012 Golden Peacock Award for the most innovative
product/service.
Employees: Infosys has a total of 160,405 employees as of 31 March 2014, of which 34.7%
were women. Its workforce consists of employees representing 89 nationalities working from 32
countries. Out of its total workforce, 79% are software professionals, 15% are working in its
BPO arm and remaining 5% work for support and sales. The attrition rate of Infosys Ltd.,
excluding its subsidiaries, for 12 months ending 31 March 2014, was 18.7%.
During FY 2013-14, Infosys received 911,220 applications from prospective employees and had
a gross addition of 39,985 employees.
About the Training center in MYSORE:
As the world's largest corporate university, the Infosys global education centre in the 340 acre
campus has 500 instructors and 200 classrooms, with international benchmarks at its core.
Established in 2002, it had trained around 100,000 engineering graduates by June 2012.It can train
12,000 employees with 3 batches of 4000 employees for 4 months each.