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Infosys Story

Infosys Story

The Infosys Story

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What we think about becomes who we are. Infosys is a global corporation that offers information technology and business consulting services. The company’s headquarters are in Bangalore, India’s electronic capital. According to the year 2013, Infosys is India’s third largest IT company and the fifth largest employer of H1-B visas.

Narayana Murthy and his excellence

Narayana Murthy is widely regarded as the architect of Infosys’ current success. It was his ideals that enabled him and his firm to get to where they are now, not just his management and strategy executions. In 1981, he founded Infosys with six other software specialists, marking the start of a new chapter in his life. Few people could have predicted how quickly this firm would develop. Infosys made good success in the beginning, but it was unable to surpass its annual gross of 50 crores. Murthy’s passion and preparation ensured that their company’s plans were carried out successfully, which made all the difference. With Murthy at the helm, Infosys began to develop at a consistent rate each year. His leadership abilities were important in his company’s success as well as the introduction of the new IT wave to India. Because of his significant individual achievements in pioneering outsourcing to India in the IT field, he is properly referred to as the “Father of the Indian IT Sector.” This has greatly aided the Indian economy and earned him respect and acclaim from both Indian residents and a global audience. From 1981 to 2002, he was the company’s CEO. He helped create and implement the Global Delivery Model for outsourcing IT services from India at Infosys. Most of the corporations operating out of India acknowledged this and implemented it. Infosys has grown from a tiny business with a clear mission to a large corporation with 3 billion dollars in revenue, 70,000 employees, and over 500 clients. From 2002 until 2011, he was chairman. He retired in 2011 after leading Infosys to such heights. Infosys, on the other hand, couldn’t afford to remain without its spearhead for long. He was named Executive Chairman and extra Director for a 5-year term in 2013. He is regarded as one of India’s top five businessmen. For his efforts, he has received the Padma Bhusan and Padma Shri, as well as countless other honors. Despite his successes, he is a down-to-earth man who is always willing to serve the people and the country.

Infosys -Early Days

CEO Narayan Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, and Ashok Arora, all former employees of Patni Computer Systems, co-founded Infosys in 1981. In Pune, Maharashtra, they began as Infosys Consultants Pvt Ltd. In 1983, Data Basics Corporation in New York became the company’s first client. The company began with only $167 in its bank account. Infosys has risen to unprecedented heights in the IT services industry in just a few years. They relocated their headquarters to Bangalore, Karnataka, at that time.

When Infosys went public in 1993, they changed its name to Infosys Limited and launched a public offer of Rs.98 per share. The business issued the public 5, 50,000 shares at Rs. 450 apiece in 1994. It has roughly 890 clients from 30 different countries. Infosys has offices in a number of countries, including Australia, China, and Japan. Infosys has been extending its activities to the United States and other nations across the world in recent years. The company’s headquarters in the United States employs roughly 1,200 people. Infosys is a market leader in software development services for industries such as insurance, manufacturing, and banking.

David Cameron, the Prime Minister of the United Kingdom Speaking in India at Infosys Finacle is Infosys’ most well-known product. It is a banking system that caters to nearly all retail banking solutions as well as functioning modules for the corporate sector. Infosys was engaged in the acquisition of several of the other businesses. In 2003, the corporation paid $23 million for an IT service located in Australia. Infosys also offers BPO services and purchased McCamishSystem in Atlanta in 2009.

Vishal Sikka is the current CEO and MD of Infosys. He was a member of the SAP Board of Directors prior to joining Infosys. In August 2014, he took over the firm from one of the founders, S.D. Shibulal.

Infosys has a total workforce of 193,383 workers. Women make about 35 percent of the workforce. Software experts make up 79 percent of the total number of employees. Out of 1,519,678 applications from potential candidates, Infosys added 53,386 new employees in the 2014-15 fiscal year.They have 1045 clients in over 50 countries as of January 2016.

Infosys is the world’s 15th largest IT service company. According to Forbes, it is ranked 19th among the world’s most innovative companies. Oracle Excellence Award was also given to the firm. The software behemoth is among the world’s top ten businesses in terms of overall shareholder returns. Infosys is India’s most admired firm, and software specialists consider it an ideal workplace. It is also one of India’s most trusted brands. Infosys is also one of the top 20 green firms in the world. Infosys is a place where young people may always find work. In 1996, Infosys established the Infosys Foundation. The foundation was established in order to assist society’s vulnerable areas. Many activities were launched by the corporation in India’s Karnataka state. The foundation works in sectors such as healthcare, culture, education, and a variety of other significant societal areas. There are also Infosys labs, which have been established as a global network of innovation laboratories. National and international universities from all around the world collaborate with the laboratories.

 

 

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