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Infosys Technologies Limited
Type	Public NASDAQ: INFY BSE: 500209
Founded	July 2, 1981
Headquarters	Electronics City, Hosur Road, Bangalore, India
Key people	N. R. Narayana Murthy (Founder, Chairman and Chief Mentor) Nandan Nilekani (Co-founder and Co-Chairman) Kris Gopalakrishnan (Co-founder, CEO and MD) S. D. Shibulal (Co-founder and COO)
Industry	Software services
Products	Finacle (a financial software package for the banking industry)
Services	Information technology services and solutions
Revenue	$3.1 billion (in FY 2006-07)
Employees	80,501 (As on September 30th, 2007)
Slogan	Powered by Intellect, Driven by Values
Website	www.infosys.com

Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is a multinational information technology services company headquartered in Bangalore, India. It is one of India's largest IT companies, with nine development centers in India and over 30 offices worldwide. Infosys and its subsidiaries employ over 80,501 professionals (as of September 30, 2007). Its annual revenues for the fiscal year 2006-2007 exceeded US$3.1 billion with a market capitalization of over US$30 billion.

Contents 1 History 2 Timeline 3 Key industries 4 Initiatives 5 Research 6 Global offices 6.1 Asia Pacific 6.2 Americas 6.3 Europe 7 Notes 8 References 9 External links

Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy and six others: Nandan Nilekani, N. S. Raghavan, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora^[1], with Raghavan officially being the first employee of the company. Murthy started the company by borrowing INR 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 2001 it was rated "Best Employer in India" by Business Today,^[2]. Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award, for the years 2003, 2004 and 2005, being the only Indian company to win this award and is inducted into the Global Hall of Fame for the same.^[3][4]

• 1981: Founded.
• 1983: Moved its headquarters to Bangalore, the capital of Karnataka
• 1987: First international office in the United States in Fremont, California, now its US headquarters.
• 1987: Got its first foreign client, Data Basics Corporation from the United States
• 1993: Became a public limited company in India with an initial public offering of Rs. 13 crores.
• 1996: First office in Europe in Milton Keynes, UK
• 1997: Office in Toronto, Canada
• 1999: Listed on Nasdaq.
• 1999: Attained a SEI-CMM Level 5 ranking and became the first Indian company to be listed on NASDAQ
• 2000: Opened offices in France and Hong Kong
• 2001: Opened offices in United Arab Emirates and Argentina
• 2002: Opened new offices in Netherlands, Singapore and Switzerland.
• 2002: Business World named Infosys "India's Most Respected Company".^[5]
• 2002: Started Progeon, its BPO (business process outsourcing) subsidiary^[6]
• 2003: Acquired 100% equity of Expert Information Services Pty Limited, Australia (Expert) and changed the name to Infosys Australia Pty Limited.
• 2004: Set up Infosys Consulting Inc., U.S. consulting subsidiary in California, U.S.
• 2006: Became the first Indian company to ring the NASDAQ Stock Market Opening Bell
• 2006: August 20, N. R. Narayana Murthy retired from his position as the executive chairman^[7]
• 2006: Acquired the 23% stake Citibank had in its BPO offshoot Progeon, making it a wholly owned subsidiary of Infosys and changed the name to Infosys BPO Ltd.^[8]
• 2006: December, became the first Indian company to make it to Nasdaq-100^[9]
• 2007: April 13, Nandan Nilekani stepped down as CEO and made way for Kris Gopalakrishnan to occupy his chair effective June 2007
• 2007: July 25, Infosys bags multi-million dollar outsourcing contract with Royal Philips Electronics in the area Finance & Accounting services strengthening its European operations.
• 2007: October, quarterly revenues cross USD 1 billion for the first time. ^[10]

During the 14-year period from 1993 to 2007, the issue price of an Infosys share has increased three thousandfold. This is excluding the dividends that the company has paid out over this duration.

Infosys serves various industries through its Industrial Business Units(IBU), such as:

• Banking & Capital Markets (BCM)
• Communications Media and Entertainment (CME)
• Energy, Utilities and Services (EUS)
• Insurance, Healthcare and Life Sciences (IHL)
• Manufacturing (MFG)
• Retail, Consumer Product Goods and Logistics (RETL)
• New Growth Engines (NGE)
• India Business Unit ( IND)

In addition to these, there are Horizontal Business Units (HBUs)

• Consulting Solutions (CS)
• Enterprise Solutions (ES)
• Infrastructure Management Services (IMS)
• Product Engineering and Validation Services (PEVS) - PED (Product Engineering and Development), PLES (Product Lifecycle and Engineering Services), IVS (Independent Validation Services).
• Systems Integration (SI)

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.

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. Through case study writing, participation in academic conferences and university events, research collaborations, hosting study trips to Infosys Development Centers and running the InStep Global Internship Program, the company communicates with important stakeholders in the academia, recognizing the fact that the message extends beyond campuses, to customers, shareholders, partners and other stakeholders associated with academia.

InStep – Infosys’ Global Internship Program, is one of the key components of the Academic Entente initiative, and offers live, dynamic projects to interns from the top universities around the world. InStep recruits undergraduate, graduate and PhD students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys’ global offices.

Through InStep, the company leverages the diverse experiences of global talent to bring in fresh ideas and create a more multicultural environment. Interns gain exposure to a flat world company and an international business environment. The skills gained and networks formed over the course of the internship serve as valuable tools for interns in their future career endeavors. It also provides them a chance to explore career opportunities with Infosys.

For more information log on to http://www.infosys.com/InStepWeb/default.htm

In 1997 Infosys started the "Catch them Young Programme", to expose the urban youth to the world of Information Technology by conducting a summer vacation programme. The programme is aimed at developing an interest and understanding of computer science and information technology. This programme is targeted at students in Grade IX level.^[11]

In 2002, the Wharton Business School of the University of Pennsylvania and Infosys 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. Past winners include Samsung, Amazon.com, Capital One, RBS and ING Direct.

One of the major initiatives taken by Infosys in terms of research was to develop 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 lifecycle.

Infosys publishes a peer-reviewed quarterly journal called SETLabs Briefings which has articles written by the researchers at SETLabs on various current and future business-transforming technology management themes. Infosys has a RFID and Pervasive Computing Technology practice which is providing RFID and wireless services to clients.^[12] Infosys along with Motorola developed an RFID interactive mirror for Paxar. ^{[13] [14]}

SETLabs has created about five to six frameworks in the domains of business modelling, technology and product innovation. ^[15]

Many SETLabs researchers blog and speak in international forums. George Eby Mathew is one of SETLabs Researchers who authors two blogs called Guruspeak^[16].

• India: Bangalore, Pune, Hyderabad, Chennai, Bhubaneswar, Mangalore,New Delhi, Mysore, Mohali, Thiruvananthapuram, Chandigarh, Vishakapatnam (proposed) ^[17]

• Australia: Melbourne, Sydney
• China: Beijing, Shanghai

Further information: Infosys China

• Hong Kong: Hong Kong
• Japan: Tokyo
• Mauritius: Mauritius
• UAE: Sharjah
• Philippines: Fort Global City, Taguig

• Canada: Toronto
• USA: Atlanta (GA), Bellevue (WA), Bridgewater (NJ), Charlotte (NC), Detroit, Fremont (CA), Houston, Lake Forest (CA), Lisle (IL), New York, Phoenix (AZ), Plano (TX), Quincy (MA), Reston (VA)
• Mexico: Monterrey

• Belgium: Brussels
• Denmark: Copenhagen
• Finland: Helsinki
• France: Paris
• Germany: Frankfurt, Stuttgart
• Italy: Milano
• Norway: Oslo
• The Netherlands: Utrecht
• Spain: Madrid, Burgos
• Sweden: Stockholm
• Switzerland: Zürich
• UK: Canary Wharf, London

Infosys Bangalore Campus	Infosys Mysore campus	The Pyramid shaped building at Electronics City campus	Cycling inside Infosys
Infosys Pune Food Court on a wet day.	SDB 2, One of the first buildings to be operational at Pune, Phase 2 Office.	Infosys, Pune DC, Under Construction ECC as reflected on SDB-4.

• Infosys official website
• Infosys Blogs
• Infosys Consulting Division
• Infosys Careers Website
• Infosys Technologies Ltd: Company Overview at Reuters
• Infosys Technologies Ltd: Financials at Google Finance

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