Infosys Technologies Limited (NASDAQ: INFY) is an information technology (IT) services, solutions and consulting corporation founded in Pune, India in 1981. Currently headquartered in Bangalore, Karnataka, it operates eight 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 over 52,000 employees worldwide. Infosys is one of India's largest IT companies and its headquarters at Electronics City, Bangalore, is one of the largest IT campuses in the world.
Infosys was founded in July 2, 1981 by seven software professionals. 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, and in 2002 Business World named Infosys "India's Most Respected Company".
History
Infosys was started in 1981, in the city of Pune in the state of Maharashtra, India. A team of seven experienced software professionals, led by N. R. Narayana Murthy(NRN) promoted the company. They brought into the company their wide experience, having handled projects in developed countries like United States, Europe and Canada. MICO was their first client.
Their initial foray into the US market was through a company called Data Basics Corp. as a “body-shop” or on-site developer of software for US customers. Later, in 1987, Infosys formed a joint venture with Kurt Salmon, Associates to handle marketing in the US.
2006-07-25 21:06:22
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answer #1
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answered by george 4
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Infosys Technologies Ltd. (NASDAQ: INFY) provides consulting and IT services to clients globally - as partners to conceptualize and realize technology driven business transformation initiatives. With over 58,000 employees worldwide, we use a low-risk Global Delivery Model (GDM) to accelerate schedules with a high degree of time and cost predictability.
As one of the pioneers in strategic offshore outsourcing of software services, Infosys has leveraged the global trend of offshore outsourcing. Even as many software outsourcing companies were blamed for diverting global jobs to cheaper offshore outsourcing destinations like India and China, Infosys was recently applauded by Wired magazine for its unique offshore outsourcing strategy — it singled out Infosys for turning the outsourcing myth around and bringing jobs back to the US.
Infosys provides end-to-end business solutions that leverage technology. We provide solutions for a dynamic environment where business and technology strategies converge. Our approach focuses on new ways of business combining IT innovation and adoption while also leveraging an organization's current IT assets. We work with large global corporations and new generation technology companies - to build new products or services and to implement prudent business and technology strategies in today's dynamic digital environment.
2006-07-25 20:57:36
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answer #2
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answered by LAGNAJIT P 2
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