Preview

Infosys

Good Essays
Open Document
Open Document
2074 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Infosys
History of Infosys
Established in 1981, Infosys is a NYSE listed global consulting and IT services company with more than 155,000 employees. From a capital of US$ 250, we have grown to become a US$ 7.231 billion (LTM Q3 FY13 revenues) company with a market capitalization of approximately US$ 24 billion.
In our journey of over 30 years, we have catalyzed some of the major changes that have led to India's emergence as the global destination for software services talent. We pioneered the Global Delivery Model and became the first IT company from India to be listed on NASDAQ. Our employee stock options program created some of India's first salaried millionaires.

Milestones
2012
Listed on the NYSE market
Infosys acquires Lodestone Holding AG, a leading management consultancy based in Switzerland
Forbes ranks Infosys among the world's most innovative companies
Infosys among top 25 performers in Caring for Climate Initiative
Infosys crosses the US$ 7 billion revenue mark
2011
N. R. Narayana Murthy hands over chairmanship to K V Kamath
Infosys crosses US$ 6 billion revenue mark, employee strength grows to over 130,000
2010
Infosys crosses the US$ 5 billion revenue mark
2009
Infosys opens its first development center in Brazil and second Latin American development center in Monterrey, Mexico
Infosys selected as a member of The Global Dow
Employee strength grows to over 100,000
2008
Infosys crosses revenues of US$ $ 4.18 billion
Annual net profits cross US$ 1 billion
2007
Infosys crosses revenues of US$ 3 billion. Employees grow to over 70,000+
Kris Gopalakrishnan, COO, takes over as CEO. Nandan M. Nilekani is appointed Co-Chairman of the Board of Directors
Opens new subsidiary in Latin America
Reports Q2 revenue of over US$ 1billion
2006
Infosys celebrates 25 years. Revenues cross US$ 2 billion. Employees grow to 50,000+
N. R. Narayana Murthy retires from the services of the company on turning 60. The Board of Directors appoints him as an

You May Also Find These Documents Helpful

  • Good Essays

    Glen T. Senk -CEO and Director (In 2010 his salary was $1,000,000.00, with a $8,003.00 bonus, and $29,944,180.00 total compensation)…

    • 564 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Info Systems

    • 1106 Words
    • 5 Pages

    8) When a business process is determined to have poor performance, the firm should always…

    • 1106 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Ratio Analysis of Wal Mart

    • 2498 Words
    • 10 Pages

    In 1938, Henning Holck-Larsen and Soren Kristian Toubro decided to forgo the comforts of working in Europe, and started their own operation in India. All they had was a dream and the courage to dare. Their first office in Mumbai (Bombay) was so small that only one of the partners could use the office at a time!…

    • 2498 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    General Dyanmic , CEO Admiral Jay Johnson with his Military Leadership Style leads the entire…

    • 2553 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    telsys international

    • 540 Words
    • 2 Pages

    Since I feel the power of the BOD should be delegated to the Telsys presidents and managers over VCD and Current ITC shareholders, I also believe that the chairman of the Board should be a high ranking official at Telsys such as Bruce Montgomery. If this does not happen, however, I believe whichever organizations is given more representation in the BOD should also be given the position of Chairman of the board. Within the negotiation process this will most likely not occur, so it would be a probable situation to either accept having the Chairman or accept…

    • 540 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Case Study-Infosys

    • 777 Words
    • 4 Pages

    As learned in class, accounting principles and disclosure regulations differ between countries and there is often a lack of transparency, especially in merging economies. There are several reasons why Infosys might want to disclose additional information on a voluntarily base. Such information can help investors, analysts and the general public to gain a better understanding of the company's current performance by increasing both, the quality and comparability of reports. Moreover, this information enables them to better assess Infosys's future prospects. This becomes very important because Infosys does not just operate in the Indian market, but sells most of its goods and services abroad, especially to North America. Since Infosys is the first Indian company listed at the NASDAQ, they recognized the need of additional disclosure and better communication of information in comparison to other companies. Infosys's disclosure of voluntarily information can promote confidence that the information provided are both, comprehensive and reliable. In addition it enables them to communicate more policy and future-oriented issues about the corporation.…

    • 777 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Software services boomed in the remote region of Bangalore, which benefited from former government investments in electronics, telecommunications, aerospace, and a prestigious Indian Institute of Science. The military chose Bangalore as a center of science and technology because it was safe from Russian and Chinese attack. Soon the Bangalore region had more experienced engineers than any other part of India” (Amsden,…

    • 1011 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Infosys Case Analysis

    • 1035 Words
    • 5 Pages

    Infosys should consider expanding its operation into other foreign markets and industries. As indicated in the article, Infosys gets over 70% of its revenue from the United States and the majority of its big clients (such as Goldman Sachs, Visa or JC Penny) come from various industries but all of them are very sensitive to changes in the US economy. In order for Infosys to not only maintain but also increase their sales growth in spite of the referenced economic downturn, Infosys has to expand its global account management system along with restructuring its strategic account management. First and foremost Infosys should build a reliable network of foreign intermediaries in Asia and Europe where management plans to expand its operation. These independent organizations already operating in these countries are familiar with their culture, way of doing business and arising needs. Research should also be conducted to determine what other industries can be targeted. For instance, in the United States cyclical businesses such as finance and retail could be offset by countercyclical industries like the medical industry. Hospitals and pharmacies are much less likely to experience a rapid sales decline due to recession therefore their vendor’s sales would not be affected as much as in a declining economy either. In addition to that the company should try to introduce a hybrid between its strategic business units that were organized primarily based on its functions such as marketing or delivery services and its current practice organized by geography. I believe that the company’s sales would increase significantly if the company still kept it’s practices responsible for operations in different areas of the globe but also created subdivisions that would be responsible for selling specific line of products to a specific industry. For instance there should be a practice unit responsible for sales in Germany that could be…

    • 1035 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Dah, M. A., Frye, M. B., & Hurst, M. (2014). Board Changes and CEO Turnover: The…

    • 2939 Words
    • 10 Pages
    Better Essays
  • Powerful Essays

    Infosys Case Analysis

    • 972 Words
    • 9 Pages

    c. For all these years, Infosys was providing maintenance, they also have gained reputation in the…

    • 972 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    CAN Analysis For Infosys

    • 1071 Words
    • 4 Pages

    1) Infosys has successfully increased the number of major IT projects it handles for PFS to 65, but has managed to capture only US $ 30million (i.e., Rs. 1.38billion Indian rupees) in annual business out of PFS annual IT total spend of $1billion (Rs. 46 billion) even though it could ideally handle up to 45 per cent of that total spend.…

    • 1071 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Infosys vs. Satyam

    • 817 Words
    • 4 Pages

    The case revolves around the accounts manipulation of Satyam Computers. It makes a comparison between two companies of the same competitive IT industry i.e Infosys and Satyam Computers. It shows how the company’s fate/ business scenario depends upon the financial vision of the CFO. The principal objective of the case is to analyze the role of a CFO in maximising shareholders’ wealth.…

    • 817 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Infosys

    • 1424 Words
    • 6 Pages

    After a decade of fast growth, going from 250 employees to 15,000 employees and from $5 million in revenue to $754 million as well as being ranked No. 1 in the Business Today Best Employer survey, Infosys Group felt a rude shock in 2003 when it fell off of the Best Employer List completely. Because of this disaster, the leadership of the company held a meeting in November of 2003 to set a new and aggressive milestone for the company: to ensure that Infosys Group was on the Top Ten lists of both Best Performing Companies as well as Best Employers by 2007. While leadership set this seemingly attainable goal, the HR team knew it would be no easy task as no large organization had ever been able to achieve this distinction because of the need to control costs for financial performance and the spending required for employee satisfaction. The fact that Infosys fell completely from the Best Employers list caused a huge media uproar and commotion in the industry, and the situation was referred to as the “downfall” of the poster child of the Indian software industry. As Infosys continued its growth, the HR team knew it needed to prevent crises like this from happening in the future, but they did not have a model or path to follow.…

    • 1424 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Top 100 CEO's

    • 265 Words
    • 2 Pages

    have the winners chosen. Amongst the top ranked 100 CEO's, Manappuram Finance MD and CEO V.P. Nandakumar has been ranked to be the 42nd among the MID-SIZED (Rs 1,500-5,999 crore) category.…

    • 265 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Beauties of Nature

    • 681 Words
    • 3 Pages

    Infosys on 1 June 2013 appointed N R Narayana Murthy as executive chairman of the Board.…

    • 681 Words
    • 3 Pages
    Satisfactory Essays