Infosys

Infosys Limited

Type	Public company
Traded as	BSE: 500209 NSE: INFY NASDAQ: INFY BSE SENSEX Constituent
Industry	IT services, IT consulting
Headquarters	Bengaluru, India
Area served	Worldwide
Key people	K. V. Kamath (Chairman) S. Gopalakrishnan (Co-Chairman) S.D. Shibulal (CEO & MD)
Services	IT, business consulting and outsourcing services
Revenue	US$ 6.83 billion (LTM Q3-FY12)
Employees	145,088 (Q4, 2011)
Divisions	Infosys BPO, Infosys China
Website	www.infosys.com

Infosys Limited formally Infosys Technologies (BSE: 500209, NSE: INFY, NASDAQ: INFY) is a global technology services company headquartered in Bangalore, India. Infosys have offices in 29 countries and development centers in India, US, China, Australia, UK, Canada, Japan and many other countries. Infosys has over 145,088 employees of 85 nationalities. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries.

History

Infosys has revenues of US$ 6.825 billion(LTM Q3-FY12). Infosys ranked among the most innovative companies in a Forbes survey, leading technology companies in a report by The Boston Consulting Group and top ten green companies in Newsweek's Green Rankings. Infosys was voted India's most admired company in The Wall Street Journal Asia 200 every year since 2000. The corporate governance practices were recognized by The Asset Platinum award and the IR Global Rankings.

In 2001, it was rated by Business Today. 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.

Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award for the years 2003, 2004 and 2005, and is inducted into the Global Hall of Fame

Infosys was also ranked as the 15th most trusted brand in India by The Brand Trust Report in 2011.

Initiatives

Infosys has the largest corporate university in the world, located on its Mysore campus.

Infosys Foundation

In 1996, Infosys established the Infosys Foundation, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread its activities from its headquarters in Karnataka to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Kerala, Orissa and Punjab in a phased manner.A dedicated team at the Foundation identifies programs in the areas of Healthcare, Education, Culture, Destitute Care and Rural Development.

Academic Entente (AcE)

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.Infosys' Global Academic Relations team forges Academic Entente (AcE) with best-in-class global academic and partner institutions. It explores co-creation opportunities between Infosys and academia through case studies, student trips and speaking engagements. They also collaborate on technology, emerging economies, globalization, and research. Some initiatives include research collaborations, publications, conferences and speaking sessions, campus visits and campus hiring.

Infosys houses the largest corporate education center in the world at Mysore. The facility can accommodate 14,000 candidates at one time.

InStep

InStep is Infosys' flagship global internship program. The program draws students from management, technical and liberal arts backgrounds. InStep fosters a multi-cultural environment within the organization and provides strategy and research projects. The InStep program is also part of AcE activities.It offers live projects to interns from universities around the world.

Catch them Young Program

In 1997, Infosys started the "Catch them Young Program", to expose urban youth to 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. However, the "Catch Them Young program" has been discontinued after 2009.

Wharton Infosys Business Transformation Award

In 2002, the Wharton Business School of the University of Pennsylvania and Infosys started the Wharton Infosys Business Transformation Award. This technology award recognises 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. However, the Wharton Business Transformation award has been discontinued post 2007.

Infosys Science Foundation

The Infosys Science Foundation, a not-for-profit trust, was set up in February 2009 by the management of Infosys. The Foundation instituted the Infosys Prize, an annual award, to honor outstanding achievements of researchers and scientists across five categories: Social Sciences, Physical Sciences, Engineering and Computer Sciences, Mathematical Sciences and Life Sciences, each carrying a prize of rupees 50 Lakh. The award intends to celebrate success in scientific research and stand as a marker of excellence in these fields.A jury, comprising eminent leaders in each of these fields, evaluates the achievements of the nominees against the standards of international research, placing the winners on par with the finest researchers in the world.

Infosys Labs

Infosys developed a corporate Research and Development wing called Infosys Labs. The 600-member team focuses on driving innovation across trends identified by the company to transform the businesses of clients globally.

Charity

In October 2009, the northern districts of Karnataka were severely affected by floods after torrential rainfall. It claimed hundreds of lives and rendered millions of villagers homeless.The employees of Infosys joined hands to rebuild villages and undertake a mass housing project. Infoscions, together with the Board of Directors and the Infosys Foundation, contributed US$ 6.8 million towards relief, rehabilitation and reconstruction. In 2005, Infosys donated 10 million (about $226,000) to help the survivors of the 2005 Kashmir Earthquake in Pakistan.

See also

• List of companies of India

References

• "Infosys Overview". http://www.infosys.com/about/what-we-do/pages/index.aspx. Retrieved 23 August 2006. 
• "Infosys releases agreement to acquire Expert Information Services Pty Limited, Australia (PDF)" (Press release). Infosys Technologies Australia Pty Ltd banglore

.. 18 December 2003. http://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf. Retrieved 11 October 2006. 

• Bharat kumar (7 August 2002). "A twist to the tale". Business Line. http://www.blonnet.com/ew/2002/08/07/stories/2002080700070200.htm. 
• Infosys News (12 December 2007). "Latest Happenings at Infosys". Top News. http://www.topnews.in/business-news/infosys. 
• M.Bala Murugan (16 April 2010). "Latest News". Daily Dhanthi. http://www.topnews.in/business-news/infosys. 
• Infosys News (March 2011). "Infosys Technologies Limited received the IEEE Computer Society/Software Engineering Institute Software Process Achievement (SPA) Award 2009". SEI CMMI. http://www.sei.cmu.edu/library/abstracts/reports/11tr008.cfm. 

External links

• Official website