Infosys Limited, formerly known as Infosys Technologies Limited (but not to be confused with InfoSys Limited a UK based IBM Business Partner based in Swindon UK), is a global technology services company headquartered in Bangalore, India. Infosys is the second largest IT company in India with 133,560 employees (including subsidiaries) as of March 2011. Infosys is ranked 28th globally in the list of IT services providing firms.It has offices in 33 countries and development centers in India, China, Australia, UK, Canada, Brazil and Japan. The company offers software products for the banking industry and business process management services also provides end-to-end business solutions.
History
Infosys was founded on 2 July 1981 by seven entrepreneurs: N. R. Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh, Ashok Arora, and with N. S. Raghavanofficially being the first employee of the company. The founders started the company with an initial investment of INR 10,000. The company was incorporated as "Infosys Consultants Pvt Ltd." in Model Colony, Pune as the registered office.
According to Forbes magazine, since its 1993 public listing on the Bombay Stock Exchange until the year 2000, Infosys' sales and earnings compounded at more than 70% a year. In the year 2000, PresidentBill Clinton complimented India on its achievements in high technology, citing the example of Infosys along with Wipro and Satyam Computers. Infosys will invest $100 million (Rs 440 crore) on establishing a 20,000-seater campus in Shanghai.
In 2001, it was rated the Best Employer in India byBusiness 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 was the only Indian company to win 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.
The first development center outside Bangalore was setup in the coastal city of Mangalore in the year 1995.
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Life Insurance Corporation of India with 3.84% is the single largest shareholder. Abu Dhabi Investment Authority, a sovereign wealth fund owned by Abu Dhabi, and the Government of Singapore also hold significant shareholdings. The remaining public shares are owned by financial institutions and individual investors.
[edit]Initiatives
In 1996, Infosys created 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. The Infosys Foundation is chaired by the wife of company founder Narayana Murthy, Mrs. Sudha Murthy.
Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalise its academic relationships worldwide under the umbrella of a program called AcE – Academic Entente. Infosys' Global Internship Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from universities around the world. InStep recruits undergraduate and graduate students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys.
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.
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.
Infosys houses the largest corporate education center in the world in Mysore. The facility can accommodate 14,000 candidates at one time.
In 2009, Infosys created Infosys Prize for excellence in physical and mathematical sciences, engineering and computer science, life sciences and social sciences.
[edit]Research
Infosys developed a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project life cycle. Various broad groups are Software Engg Lab, Convergence Lab, Innovation Lab, Center for KDIS, Security and Privacy Lab and Distributed Computing Laboratory.
[edit]Charity
In 2005, Infosys donated 
10 million (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.Infosys does not currently have an office in Pakistan.
10 million (about $226,000) to help with the effects of the 2005 Kashmir earthquake in Pakistan.Infosys does not currently have an office in Pakistan.
TAKE A LOOK ON INFOSYS CAMPUS
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