Infosys: Difference between revisions
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{{Use British English|date=July 2011}} |
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{{Use dmy dates|date=July 2011}} |
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{{Infobox company |
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| name = Infosys Limited |
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| logo = [[Image:Infosys logo.svg|200px|Infosys logo]] |
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| type = Public company |
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| traded_as = {{BSE|500209}}<br />{{NSE|INFY}}<br />{{NASDAQ|INFY}}<br />[[BSE SENSEX|BSE SENSEX Constituent]] |
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| location = [[Bangalore|Bengaluru]], [[India]] |
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| area_served = Worldwide |
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| key_people = [[K. V. Kamath]]<br /><small>([[Chairman]])</small> <br />[[S. Gopalakrishnan]]<br /><small>(Co-Chairman)</small> <br />[[S.D. Shibulal]]<br /><small>([[Chief Executive Officer|CEO]] & [[Managing Director|MD]])</small> |
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| industry = [[IT service management|IT services]], [[Information technology consulting|IT consulting]] |
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| services = IT, [[business consulting]] and [[outsourcing]] services |
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| revenue = {{profit}} [[United States dollar|US$]] 6.83 billion <small>(LTM Q3-FY12)</small><ref>{{cite web|url=http://www.infosys.com/about/what-we-do/pages/index.aspx|title=about us}}</ref> |
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| owner = |
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| num_employees = 145,088 <small>(Q4, 2011)</small><ref>{{cite web|url=http://www.infosys.com/investors/reports-filings/quarterly-results/2011-2012/Q3/Pages/index.aspx|title=Infosys Fact Sheet}}</ref> |
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| parent = |
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| divisions = [[Infosys BPO]], [[Infosys China]] |
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| subsid = |
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| homepage = {{URL|www.infosys.com}} |
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| footnotes = |
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| intl = yes |
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}} |
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'''Infosys Limited''' formally '''Infosys Technologies''' ({{BSE|500209}}, {{NSE|INFY}}, {{NASDAQ|INFY}}) is a global technology services company headquartered in [[Bangalore]], [[India]]. Infosys have offices in 29 countries and development centers in India, US, China, Australia, UK, Canada, Japan and many other countries. Infosys has over 145,088 employees of 85 nationalities.<ref>{{cite web|author=Infosys Limited |url=http://www.infosys.com/about/who-we-are/Pages/fact-file.aspx |title=Fact File | Who We Are | About Us |publisher=Infosys}}</ref> Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries. |
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==History== |
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Infosys has revenues of US$ 6.825 billion(LTM Q3-FY12).<ref>{{cite web | title=Infosys About us | url=http://www.infosys.com/about/what-we-do/pages/index.aspx}}</ref> Infosys delivers IT-enabled business solutions to enable Global 2000 companies to build their enterprises of tomorrow. Infosys ranked among the most innovative companies in a Forbes survey,<ref>{{cite web|url= http://www.forbes.com/special-features/innovative-companies.html|title=Forbes Most Innovative Companies}}</ref>leading technology companies in a report by The Boston Consulting Group <ref>{{cite web|url=http://www.bcg.com/documents/file59590.pdf|title= BCG documents}}</ref> and top ten green companies in Newsweek's Green Rankings.<ref>{{cite web|url= http://www.thedailybeast.com/newsweek/2011/10/16/green-rankings-2011-world-s-greenest-companies-photos.infosys.html|title=Newsweek Green Rankings}}</ref> Infosys was voted India's most admired company in The Wall Street Journal Asia 200 <ref>{{cite web|url=http://online.wsj.com/article/SB10001424052702304173704575577683613256368.html|title=WSJ Asia 200 Article}}</ref> every year since 2000. Our corporate governance practices were recognized by The Asset Platinum award <ref>{{cite web|url=http://www.infosys.com/about/awards/Pages/excellence-corporate-governance.aspx|title=Awards}}</ref> and the IR Global Rankings.<ref>{{cite web|url=http://www.irglobalrankings.com/irgr2010/web/default_eni.asp?idioma=1&conta=46|title= IR Global Rankings}}</ref> |
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In 2001, it was rated by [[Business Today]].<ref>{{cite web | author=R. Sukumar | title = India's Best Employers: The Top 5 | work=A BT-Hewitt study | publisher=Business Today | url = http://www.india-today.com/btoday/20010121/cover2.html | accessdate =10 October 2006 |archiveurl = http://web.archive.org/web/20060701051112/http://www.india-today.com/btoday/20010121/cover2.html <!-- Bot retrieved archive --> |archivedate = 1 July 2006}}</ref> 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.<ref>{{cite web|url=http://www.sec.gov/Archives/edgar/data/1067491/000106749107000015/form20f.htm#item6 |title=INFY 2007 20-F, Item 6 |publisher=Sec.gov |accessdate=7 September 2010}}</ref> |
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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 for the same.<ref>{{cite web | title = Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004 | work=A Teleos study | publisher=Infosys Media | url = http://www.infosys.com/newsroom/press-releases/Documents/2004/MAKEGLOBAL-PressRelease-25Nov04.pdf | format = PDF | accessdate =1 December 2004 }}</ref><ref>{{cite web | title = Infosys in the Global Hall of Fame | url = http://www.infosys.com/media/press_releases/global-make-award-hall-of-fame.asp}}{{dead link|date=November 2011}}</ref> |
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Infosys was also ranked as the 15th most trusted brand in India by [[The Brand Trust Report]] in 2011.<ref>{{cite web|url=http://www.thehindubusinessline.com/features/brandline/article2029427.ece |title=Components of trust that brands can focus on |publisher=thehindubusinessline.com |date=2011-05-18}}</ref> |
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== Current share holding == |
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[[Life Insurance Corporation of India]] has 5.17%. Oppenheimer Developing Markets Fund,[[Abu Dhabi Investment Authority]], a sovereign wealth fund owned by Abu Dhabi, and the [[Government of Singapore]] also hold significant shareholdings as on December 2011. The remaining public shares are owned by financial institutions and individual investors.<ref>http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-december31-2011.pdf</ref> |
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== Initiatives == |
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[[File:Mysore India Infosys .JPG|thumb|250px|Infosys has the largest corporate university in the world, located on its [[Mysore]] campus.<ref>{{cite web|author=Infosys Technologies Limited |url=http://www.infosys.com/beyond-business/pages/index.aspx |title=Sustainability |publisher=Infosys |accessdate=27 July 2010}}{{dead link|date=November 2011}}</ref>]] |
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=== Infosys Foundation === |
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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 (charity)|foundation]] has spread its activities from its headquarters in [[Karnataka]] to the Indian states of [[Tamil Nadu]], [[Andhra Pradesh]], [[Maharashtra]], [[Kerala]], [[Orissa]] and [[Punjab, India|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.<ref>http://www.infosys.com/infosys_foundation/default.asp</ref> |
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=== Academic Entente (AcE) === |
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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.<ref>{{cite web|url=http://www.infosys.com/instep/global-academic-relations/default.asp|title= Infosys Global Academic Relations}}</ref> |
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{{Commons category|Infosys Mysore}} |
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Infosys houses the largest corporate education center in the world at [[Mysore, India|Mysore]]. The facility can accommodate 14,000 candidates at one time.<ref>{{cite web|author=Infosys Technologies Limited |url=http://www.infosys.com/newsroom/press-releases/Pages/global-education-center-II.aspx |title=Sonia Gandhi Inaugurates Global Education Center in Mysore | Press Releases | Newsroom |publisher=Infosys |accessdate=27 July 2010}}</ref> |
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=== InStep === |
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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.<ref>{{cite web|url=http://www.infosys.com/instep/default.asp|title=Infosys InStep}}</ref> |
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=== Catch them Young Program === |
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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.<ref>{{cite web | publisher=The Hindu | title = Summer fun | date = 14 June 2004 | url = http://www.hindu.com/yw/2004/08/14/stories/2004081400640200.htm | accessdate =12 October 2006}}</ref> However, the "Catch Them Young program" has been discontinued after 2009.<ref>{{cite web|url=http://www.infosys.com/sustainability/catching-them-young/Pages/index.aspx|title=Infosys Corporate Responsibility}}</ref> |
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<!-- Deleted image removed: [[Image:Whartan.Infosys.Business.Transformation.Award.Logo.gif|right]] --> |
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=== Wharton Infosys Business Transformation Award === |
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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]], [[Royal Bank of Scotland|RBS]] and [[ING Direct]]. However, the Wharton Business Transformation award has been discontinued post 2007.<ref>{{cite web|url=http://www.infosys.com/sustainability/wibta/pages/index.aspx|title=Infosys Corporate Responsibility}}</ref> |
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=== Infosys Science Foundation === |
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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.<ref>{{cite web|url=http://www.infosys-science-foundation.com/about_prize.html|title=Infosys Prize}}</ref> |
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=== Infosys Labs === |
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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.<ref>{{cite web|url=http://www.infosys.com/infosys-labs/Pages/index.aspx|title=Infosys Labs}}</ref> |
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=== Charity === |
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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.<ref>{{cite web|url=http://www.infosys.com/infosys_foundation/key-initiatives/karnataka-flood-relief.asp|title=Infosys Key Initiatives}}</ref> In 2005, Infosys donated 10 million (about $226,000) to help the survivors of the [[2005 Kashmir Earthquake]] in Pakistan. |
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==See also== |
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{{Portal|Companies}} |
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* [[List of companies of India]] |
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==Notes== |
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{{Reflist|2}} |
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==References== |
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{{Refbegin}} |
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* {{cite web | url = http://www.infosys.com/about/what-we-do/pages/index.aspx | title = Infosys Overview | accessdate =23 August 2006}} |
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* {{cite press release |
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| title = Infosys releases agreement to acquire Expert Information Services Pty Limited, Australia (PDF) |
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| publisher=Infosys Technologies Australia Pty Ltd banglore |
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. |
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| date = 18 December 2003 |
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| url = http://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf |
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| accessdate =11 October 2006}} |
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* {{cite web |
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| last = Bharat kumar |
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| publisher=Business Line |
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| title = A twist to the tale |
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| date = 7 August 2002 |
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| url = http://www.blonnet.com/ew/2002/08/07/stories/2002080700070200.htm}}{{dead link|date=November 2011}} |
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* {{cite web |
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| last = Infosys News |
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| publisher=Top News |
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| title = Latest Happenings at Infosys |
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| date = 12 December 2007 |
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| url = http://www.topnews.in/business-news/infosys}} |
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* {{cite web |
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| last = M.Bala Murugan |
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| publisher=Daily Dhanthi |
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| title = Latest News |
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| date = 16 April 2010 |
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| url = http://www.topnews.in/business-news/infosys}} |
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* {{cite web |
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| last = Infosys News |
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| publisher=SEI CMMI |
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| title = Infosys Technologies Limited received the IEEE Computer Society/Software Engineering Institute Software Process Achievement (SPA) Award 2009 |
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| date = March 2011 |
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| url = http://www.sei.cmu.edu/library/abstracts/reports/11tr008.cfm}} |
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*{{Refend}} |
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==External links== |
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{{Commons category}} |
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* {{official website|http://www.infosys.com/}} |
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{{BSE Sensex}} |
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{{Major information technology companies}} |
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[[Category:Information technology consulting firms of India]] |
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Revision as of 12:55, 24 February 2012
![]() | This article possibly contains original research. (January 2012) |
![]() | This article contains content that is written like an advertisement. (January 2012) |
![]() | A major contributor to this article appears to have a close connection with its subject. (February 2012) |
![]() | |
Company type | Public company |
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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 | ![]() |
Number of employees | 145,088 (Q4, 2011)[2] |
Divisions | Infosys BPO, Infosys China |
Website | www |
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.[3] 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).[4] Infosys delivers IT-enabled business solutions to enable Global 2000 companies to build their enterprises of tomorrow. Infosys ranked among the most innovative companies in a Forbes survey,[5]leading technology companies in a report by The Boston Consulting Group [6] and top ten green companies in Newsweek's Green Rankings.[7] Infosys was voted India's most admired company in The Wall Street Journal Asia 200 [8] every year since 2000. Our corporate governance practices were recognized by The Asset Platinum award [9] and the IR Global Rankings.[10]
In 2001, it was rated by Business Today.[11] 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.[12]
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 for the same.[13][14]
Infosys was also ranked as the 15th most trusted brand in India by The Brand Trust Report in 2011.[15]
Current share holding
Life Insurance Corporation of India has 5.17%. Oppenheimer Developing Markets Fund,Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi, and the Government of Singapore also hold significant shareholdings as on December 2011. The remaining public shares are owned by financial institutions and individual investors.[16]
Initiatives
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.[18]
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.[19]
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)
Infosys houses the largest corporate education center in the world at Mysore. The facility can accommodate 14,000 candidates at one time.[20]
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.[21]
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.[22] However, the "Catch Them Young program" has been discontinued after 2009.[23]
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.[24]
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.[25]
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.[26]
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.[27] In 2005, Infosys donated 10 million (about $226,000) to help the survivors of the 2005 Kashmir Earthquake in Pakistan.
See also
Notes
- ^ "about us".
- ^ "Infosys Fact Sheet".
- ^ Infosys Limited. "Fact File | Who We Are | About Us". Infosys.
- ^ "Infosys About us".
- ^ "Forbes Most Innovative Companies".
- ^ "BCG documents" (PDF).
- ^ "Newsweek Green Rankings".
- ^ "WSJ Asia 200 Article".
- ^ "Awards".
- ^ "IR Global Rankings".
- ^ R. Sukumar. "India's Best Employers: The Top 5". A BT-Hewitt study. Business Today. Archived from the original on 1 July 2006. Retrieved 10 October 2006.
- ^ "INFY 2007 20-F, Item 6". Sec.gov. Retrieved 7 September 2010.
- ^ "Infosys recognized as a Globally Most Admired Knowledge Enterprise for 2004" (PDF). A Teleos study. Infosys Media. Retrieved 1 December 2004.
- ^ "Infosys in the Global Hall of Fame".[dead link]
- ^ "Components of trust that brands can focus on". thehindubusinessline.com. 18 May 2011.
- ^ http://www.infosys.com/investors/reports-filings/quarterly-results/Documents/Share-Holding/clause35-december31-2011.pdf
- ^ Infosys Technologies Limited. "Sustainability". Infosys. Retrieved 27 July 2010.[dead link]
- ^ http://www.infosys.com/infosys_foundation/default.asp
- ^ "Infosys Global Academic Relations".
- ^ Infosys Technologies Limited. "Sonia Gandhi Inaugurates Global Education Center in Mysore | Press Releases | Newsroom". Infosys. Retrieved 27 July 2010.
- ^ "Infosys InStep".
- ^ "Summer fun". The Hindu. 14 June 2004. Retrieved 12 October 2006.
- ^ "Infosys Corporate Responsibility".
- ^ "Infosys Corporate Responsibility".
- ^ "Infosys Prize".
- ^ "Infosys Labs".
- ^ "Infosys Key Initiatives".
References
- "Infosys Overview". Retrieved 23 August 2006.
- "Infosys releases agreement to acquire Expert Information Services Pty Limited, Australia (PDF)" (PDF) (Press release). Infosys Technologies Australia Pty Ltd banglore
. 18 December 2003. Retrieved 11 October 2006. {{cite press release}}
: line feed character in |publisher=
at position 48 (help)
- Bharat kumar (7 August 2002). "A twist to the tale". Business Line.[dead link]
- Infosys News (12 December 2007). "Latest Happenings at Infosys". Top News.
- M.Bala Murugan (16 April 2010). "Latest News". Daily Dhanthi.
- Infosys News (March 2011). "Infosys Technologies Limited received the IEEE Computer Society/Software Engineering Institute Software Process Achievement (SPA) Award 2009". SEI CMMI.
External links
![](http://upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/30px-Commons-logo.svg.png)
- Use dmy dates from July 2011
- Companies in the Nasdaq-100
- Companies listed on the Nasdaq
- BSE SENSEX
- Software companies of India
- Companies listed on the Bombay Stock Exchange
- Economy of Bangalore
- Outsourcing companies
- Banking software companies
- Information technology companies of Bangalore
- Companies based in Bangalore
- International information technology consulting firms
- Information technology consulting firms of India
- Infosys
- Multinational companies headquartered in India
- Companies listed on NASDAQ