Infosys: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Line 126: Line 126:
| accessdate = 2006-10-30}}</ref>
| accessdate = 2006-10-30}}</ref>


Phaneesh Murthy, currently the CEO at [[igate|iGATE Global]], settled a second sexual harassment case filed by another former Infosys employee, Ms. Jennifer Griffith, out of court in 2004. Unlike the Maximovitch case, Infosys did not contribute any money to this settlement and was not a signatory to this settlement agreement.<ref name="controversy" />
Phaneesh Murthy, currently the CEO at [[IGATE|iGATE Global]], settled a second sexual harassment case filed by another former Infosys employee, Ms. Jennifer Griffith, out of court in 2004. Unlike the Maximovitch case, Infosys did not contribute any money to this settlement and was not a signatory to this settlement agreement.<ref name="controversy" />


==Trivia==
==Trivia==

Revision as of 05:17, 13 November 2006

Infosys Technologies Ltd.
Company typePublic (Nasdaq: INFY)
IndustryComputer Services
FoundedJuly 2, 1981
HeadquartersBangalore, India
Key people
N. R. Narayana Murthy, Chairman of the Board and Chief Mentor
Nandan Nilekani, CEO, President and Managing Director
ProductsSee complete products listing.
RevenueIncrease$2.2 billion USD
Number of employees
~63,000 (2006)
Websitewww.infosys.com

Infosys Technologies Limited (Nasdaq: INFY) is an information technology (IT) company founded in Bangalore, India in 1981 by N. R. Narayana Murthy. It is headquartered in Electronic City, Bangalore, it operates nine development centers in India and has over 30 offices in 20 other nations. In fiscal year 2006 annual revenues exceeded US $2.15 billion with a Market Capitalization of over US $27 billion. With over 63,000 employees[1] worldwide, Infosys is one of India's largest IT companies and its headquarters at Bangalore, is one of the largest IT campuses in the world.

History

Infosys was founded on July 2, 1981 by seven software professionals: N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora.[2] Murthy started the company by borrowing Rs.10,000 from his wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Matunga, north-central Mumbai as the registered office. In 1983 Infosys got its first client, Data Basics Corporation from USA.

In 1999 Infosys attained a SEI-CMM Level 5 ranking and became the first Indian company to be listed on NASDAQ. In 2001 it was rated "Best Employer in India" by Business Today,[3] and in 2002 Business World named Infosys "India's Most Respected Company".

Timeline

Key Industries

Business Vertical Specific Industries include:

  • Aerospace and Automobile
  • Banking & Capital Markets
  • Communication Service Providers
  • Energy, Utilities & Resources
  • Hi Tech & Discrete Manufacturing
  • Insurance, Healthcare & Life Sciences
  • Media and Entertainment
  • Product Lifecycle and Engineering Solutions(PLES)
  • Retail, Distribution & CPG
  • Transportation & Services
  • Independent Validation Solutions
  • Real Estate

Initiatives

In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Chairman Narayana Murthy.

File:Infosys.InStep.Logo.jpg

Infosys offers internship to university students from many parts of the world through its InStep programme. Most of the interns work at Electronics City, Bangalore. The premise of the internship is to promote the corporate brand globally while interns gain business or technical work experience.

In 1997 Infosys started the "Catch them Young Programme", to expose the urban youth to the world of Information Technology by conducting a summer vocation programme. The programme is aimed at developing an interest and understanding of computer science and information technology. This programme is targetted at students in Grade IX level.

File:Whartan.Infosys.Business.Transformation.Award.Logo.gif

The Wharton Business School of the University of Pennsylvania and Infosys in 2002 started the, Wharton Infosys Business Transformation Award. This technology award recognizes enterprises and individuals who have transformed their businesses and the society leveraging information technology. Some of the past winners have been Samsung, Amazon.com, RBS and ING Direct.

Global Offices

Americas

Europe

Asia Pacific


  • Infosys Bangalore Campus
    Infosys Bangalore Campus
  • Infosys Mysore campus
    Infosys Mysore campus
  • The Pyramid shaped building at Electronics City campus
    The Pyramid shaped building at Electronics City campus
  • Cycling inside Infosys
    Cycling inside Infosys
  • Infosys Pune Food Court on a wet day. Seen on background is the latest "Spaceship" Building having finishing touches.
    Infosys Pune Food Court on a wet day. Seen on background is the latest "Spaceship" Building having finishing touches.

Controversy

Infosys became entangled in a scandal in 2002 when Ms. Reka Maximovitch, a former Infosys employee, filed a sexual harassment case against Infosys and Phaneesh Murthy, the head of the sales and marketing, and communication and product services division of Infosys (and a director on the board). The events that took place during October 1999 and December 2000 became public knowledge in India only when he resigned from his post in June 2002. The case was settled out of court in May 2003 for US$3 million.[5]

Phaneesh Murthy, currently the CEO at iGATE Global, settled a second sexual harassment case filed by another former Infosys employee, Ms. Jennifer Griffith, out of court in 2004. Unlike the Maximovitch case, Infosys did not contribute any money to this settlement and was not a signatory to this settlement agreement.[5]

Trivia

  • Employee # 1 was N. S. Raghavan, oldest amongst the Infosys’ founders

Notes

  1. ^ "Infosys Overview". Retrieved 2006-08-23.
  2. ^ "The amazing Infosys story". Rediff.com. July 11, 2006. Retrieved 2006-10-30. {{cite web}}: Cite has empty unknown parameter: |coauthors= (help)
  3. ^ Business Today Award
  4. ^ Narayana Murthy bids adieu to Infosys
  5. ^ a b "Phaneesh settles harassment law suit out-of-court: Infosys". Business Line. 2004-11-25. Retrieved 2006-10-30.

References

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Infosys&oldid=87483129"