India’s Top
IT Companies 2007
INFOSYS TECHNOLOGIES
LIMITED
D&B D-U-N-S®: 65-008-8735
Electronics City, Hosur Road, Bangalore - 560 100, Karnataka
Phone: 91 80 28520261; Fax: 91 80 28520362; Website: www.infosys.com
Message from Mr Nandan Nilekani, CEO
The concept of large pool of skilled manpower is always relative to the current environment. Even 10 years
back, the pool was large for everyone to pick and chose. Today, it is just enough. We see the entry of MNCs
as a healthy challenge. This expected shortage has also triggered healthy debates at policy level to relook our
system of higher education. We will see significant changes in the coming years with increase in both quality
and quantity of skilled people coming out our institutions.
Also the ability to attract and ability to retain are two separate challenges. It is upto each player (whether
Indian or MNC) to have vision to address both these challenges. We, at Infosys, have always strived to create a
great workplace and also focus on increasing retention through a variety of innovative measures. MNCs will also
bring some of their global best practices (some may and some may not work in the Indian context). However,
they will necessarily have to use innovative techniques to attract talent, since offering higher salaries is not financially viable option
(and also does not attract the right talent always) in the long run especially with increasing scale of operations.
Background
Infosys Technologies Ltd (Infosys) was founded in July 1981 as
Infosys Consultants Pvt Ltd. The company initiated its global operations
in the US in the year 1987. In 1993, it was changed to Infosys Technologies
Ltd and went public the following year. In 1999, the company was listed
on the NASDAQ and also set up two development centres in the US. In
2002, the company started its off shoring outsourcing services through
its subsidiary, Infosys BPO (formerly Progeon Ltd). In Jan 2004, it
acquired Expert Information Services Pty Ltd which was called Infosys
Technologies (Australia) Pty Ltd. In April 2006, the company entered into
an agreement with Citicorp International Finance Corporation (CIFC) to
acquire its entire holdings in Infosys BPO.
Since its inception, the company has expanded its operations in various
countries like UK, Canada, Germany, Sweden, Belgium, Australia, France,
Hong Kong, UAE, Argentina and several others. In India, the company
has set up development centres at Bangalore, Bhubaneswar, Chandigarh,
Chennai, Hyderabad, Mangalore, Mumbai, Mysore, New Delhi, Pune and
Thiruvananthapuram.
Infrastructure
The company has a total space of 11,508,389 sq ft and in addition
to this; 9,350,251 sq ft is under completion. The company has its global
headquarters and campus in Electronics City, Bangalore. They have
similar campuses and facilities at their various development centers in
India. Theses centres are equipped with latest technologies and solutions
for enterprise networking, office productivity, collaborative software
engineering and distributed project management.
Services Provided
Infosys provides consulting and IT services to customers globally
operating in various industry segments including aerospace & defence,
automotive, banking & capital markets, communication services, consumer
packaged groups, discrete manufacturing, energy, healthcare, high
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technology, hospitality, insurance, life sciences, media & entertainment,
retail, resources, transportation and utilities. The company provides
end-to-end business solutions that leverage technology for its clients,
including application development & maintenance, corporate performance
management, enterprise quality services, infrastructure services, packaged
application services, product engineering and systems integration.
Each project typically involves all aspects of the software development
process; including defining requirements, designing, prototyping,
programming, module integration and installation of the custom
application. All services are based on industry standard frameworks such
as SEI, CMM, CMMISM, ISO 9000 and Six Sigma.
Its banking product, Finacle, enables banks to transform their business
using new generation technologies. This product provides a modular
solution for core banking, treasury, wealth management, consumer &
corporate e-banking, mobile banking and web-based cash management
requirements of global banks.
Infosys BPO
Infosys BPO (formerly Progeon) was started as the business
outsourcing subsidiary of Infosys Technologies in 2002. Today, it
is recognized as one of the leading BPO companies in the country.
The knowledge house combines domain knowledge, process skills
and a technology heritage to offer clients process outsourcing. Its
transition methodology is built on the experience of having moved
over 500 processes across industries from various client locations.
With best-in-class systems and processes, Infosys BPO provides
outsourcing solutions across several vertical and horizontal focus areas
like finance & accounting, HR outsourcing, knowledge services, order
management and procurement. They operate in India, the Czech Republic,
China and Philippines. Infosys BPO seeks to leverage the benefits of service
delivery globalization, process redesign and technology to drive efficiency
and cost effectiveness in customer business processes.
India’s Top
Other Subsidiaries
Revenue Contributors
In 2003, Infosys set up a wholly-owned
subsidiary in the People’s Republic of China
named Infosys Technologies (Shanghai) Co.
Limited. The company was subsequently
renamed to Infosys Technologies (China) Co
Limited. In 2004, Infosys acquired 100%
equity in Expert Information Services Pty. Ltd,
Australia. The acquired company was renamed
Infosys Technologies (Australia) Pty. Ltd. Later
that year, the company set up a wholly-owned
subsidiary, Infosys Consulting Inc, incorporated
in Texas, USA, to add high-end consulting
capabilities to their global delivery model.
Infosys earns its revenue mainly
from software services and products. In
FY06, the company earned a revenue of
Rs 95.2 bn. Software services largely
contributed to the company’s revenue. In FY06,
96% of the company’s revenue was derived
from software services and the rest from
software products. The company saw a growth
of 34% in its annual turnover as compared to
FY05 and expects a growth of 46% by FY07.
Developments
In May 2005, Infosys made a sponsored
ADS, which is one of the largest international
equity offering from the country. In Sep 2005, it
signed a five-year multi-million euro deal with
ABN to develop, support and enhance a wide
range of applications. In FY06, the company
started its first private multi product SEZ unit at
Mahindra World City - Chennai.
The company also engages itself in
training and development through its Centers
of Excellence (CoE). These bodies focus
on extending their competence in specific
technological areas like .NET, J2EE, SOA,
Data Warehouse and Business Intelligence. The
company also publishes a SETLabs Briefing,
which is a peer-reviewed journal published
every quarter, to share strategic and experiential
insights on technology management themes.
In FY06, 98% of revenues were derived
from exports. The export revenue from the
banking product, Finacle, was Rs 2.2 bn.
Exports from North America contributed 65%
to the total revenue, 24% from Europe and 9%
from the rest of the world.
Certifications
Infosys was accredited with the
SEI-CMM Level 5 certification in the year 1999.
In Dec 2003, it was certified by the BS 7799
for its best practices in information security.
The other certifications of the company include
ISO 14001, CMMI Level 5 and PCMM
Level 5.
IT Companies 2007
Total Income
Rs 95,210 mn
Manpower
52,715
Delivery Centres
India - Bangalore, Bhubaneswar,
Chandigarh, Chennai, Hyderabad,
Mangalore, Mumbai, Mysore, New
Delhi, Pune and Thiruvananthapuram
Process & Quality Certifications
SEI-CMM Level 5, BS 7799, ISO
14001, CMMI Level 5 and PCMM
Level 5
Chairman
N R Narayana Murthy
CEO, President & MD
N M Nilekani
COO & Deputy Managing Director
S Gopalakrishnan
Key Personnel
D M Satwalekar
Lead Independent Director
Independent Director
M G Subrahmanyam
O Goswami
R Bijapurkar
S L Pressler
C Smadja
S A Iyengar
D L Boyles
J Lehman
Executive Directors
T V Mohandas Pai
Srinath Batni
S D Shibulal
K Dinesh
CFO
V Balakrishnan
The Infosys office in Bangalore
The Infosys office in Hyderabad
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