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Powered by Intellect

Driven by Values

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Introduction

Infosys Technologies Limited is a global technology services

company headquartered in Bengaluru (Bangalore), India.

Infosys is one of the largest IT companies in India with 127,779

employees (including subsidiaries) as of june-2011.

Infosys have 63 global development centers, the majority of whichare located in India while others in Australia , Canada , China , Japan,

Mauritius, and at multiple locations in the United States and Europe.

Infosys offers offshore based software services such as application

development, software maintenance, Internet consulting, and

establishing software centers for their customers. Infosys was first Indian company to list on a US stock exchange

(NASDAQ).

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History

Infosys was founded on 2nd July 1981 by seven entrepreneurs, N.R.

Narayana Murthy, Nandan Nilekani, Kris Gopalakrishnan, S. D. Shibulal,

Ashok Arora, K Dinesh and with N. S. Raghavan officially being the first

employee of the company.

The founders started the company with an initial investment of INR 10,000(about US$ 250) and company was incorporated as "Infosys Consultants

Pvt Ltd." in Model Colony, Pune as the registered office. Relocates

corporate headquarters to Bangalore in 1983.

From a capital of US$ 250, Infosys have grown to become a US$ 5.73

billion (LTM Dec-10 revenues) company with a market capitalization ofapproximately US$ 43 billion.

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Mile stones

1981

Infosys is established by N. R. Narayana Murthy and six engineers

in Pune, India, with an initial capital of US$ 250

Signs up its first client, Data Basics Corporation, in New York

1983

Relocates corporate headquarters to Bangalore 1987

Opens first international office in Boston, US

1993

Introduces Employee Stock Options (ESOP) program

Acquires ISO 9001/TickIT certification

Goes public 1996

The Infosys Foundation is established

1999

Touches revenues of US$ 100 million. Listed on NASDAQ

Infosys becomes the 21st company in the world to achieve a CMM

level 5 certificationInfosys Business Consulting Services is launched

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Cont... 2002

Touches revenues of US$ 500 million

Nandan M. Nilekani takes over as CEO from N.R. Narayana Murthy,

who is appointed Chairman and Chief Mentor

2004

Revenues reach US$ 1 billion

Infosys Consulting Inc. is launched

2005Records the largest international equity offering of US$ 1 billion from

India

2006

N. R. Narayana Murthy retires from the services of the company

on turning 60. The Board of Directors appoints him as an Additional

director. He continues as Chairman and Chief Mentor of Infosys 2007

Kris Gopalakrishnan, COO, takes over as CEO. Nandan M. Nilekani

is appointed Co-Chairman of the Board of Directors

2008

Infosys crosses revenues of US$ $ 4.18 billion

Annual net profits cross US$ 1 billion

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Vision

"We will be a globally respected corporation."

Mission

"To achieve our objectives in an environment of fairness, honesty, and

courtesy towards our clients, employees, vendors and society at large."

Values

We believe that the softest pillow is a clear conscience. The values thatdrive us underscore our commitment to:

1. Client Value: To surpass client expectations consistently

2. Leadership by Example: To set standards in our business and

transactions and be an exemplar for the industry and ourselves 3. Integrity and Transparency: To be ethical, sincere and open in all our

transactions

4. Fairness: To be objective and transaction-oriented, and thereby earn trust

and respect

5. Excellence: To strive relentlessly, constantly improve them selves

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Responsibilities of BOD..

The COO is responsible for all customer service operations.He is also

responsible for innovation and research in technology advancements, new

initiatives and investments.

The CEO, COO, the other executive directors and the senior

management personnel are responsible for achieving targets. They

make periodic presentations to the Board on their responsibilitiesand performance.

An independent director means a person who is not an officer or

employee of the Company or its subsidiaries or any other

individual having a material pecuniary relationship or transactions with the

Company which, in the opinion of our Board of Directors, wouldinterfere with the exercise of independent judgment in carrying out

the responsibilities of a director

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Cont

Prof. Marti G. Subrahmanyam is a Lead Independent Director. He

represents and acts as spokesperson for the independent directors as a

group.

The Chairman and Chief Mentor is responsible for mentoring our core

management team in transforming us into a world-class, next-generation

organization that provides state-of-the-art, technology-leveraged businesssolutions to corporations across the world.

Chairman of the Board, is also responsible for all Board and corporate

governance matters.

The CEO and Managing Director is responsible for corporate

strategy, brand equity, planning, external contacts and other managementmatters. He is also responsible for achieving the annual business targets and

acquisitions.

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Leadership

Leadership is about raising the aspirations of followers and enthusing

people with a desire to reach for the stars.

-N.Murthy

Murthys special brand of ethical leadership has been widely recognized as

a key element in Infosyss incredible success.

Narayana Murthy turned a small software development venture that hehad set up with his friends in 1981, into one of the leading companies of the

country.

Infosys grew rapidly throughout the 1990s Narayana Murthy distributed the

company's profits among the employees through a stock-option program,

and adopted the best corporate governance practices. All this earned him

praise and respect. Narayana Murthy had built an organization that was respected across the world.

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Highlights of the year

Revenue guidance in US$ terms for FY11 was 16.0% to 18.0%, Actualachieved was 25.8%

Achieved revenues of US$ 6.04 billion and net profit of US$ 1.50 billionin fiscal 2011

Added 139 new clients during the year

Gross addition of 43,120 employees (net addition of 17,024) Our cash and cash equivalents stood at US$ 3.8 Billion as of Mar 31,

2011 (US$ 3.5 Billion as on Mar 31,2010)

Recommended a final dividend of ` 20 per share. Including Interimdividend of ` 10 per share, the total dividend recommended for the year is `30 per share amounting to ` 2,005 crore

Declared 30th year special dividend of ` 30 per share amounting to `2,008 crore

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Financial highlights

Revenues

(US$ million)

Gross profit

(US$ million)

4,8046,041

2,0552,544

20102011

20102011

26% 24%

1,460

1,779

1,313

1,499

2010

2011

2010

201122% 14%

Operating income

(US$ million)

Net Profit

(US$ million)

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Marketing Strategy

A key marketing strategy for Infosys has been "always believe in doing

unusual stuff, and thereby be in a position to secure our future and

growth

From the beginning, Narayana Murthy focused on the world's mostchallenging market - the US. He had two reasons for this. First, there was

no market for software in India at the time. He believed that Indian software

companies should export products in which they had a competitive advantage.

They were the first Indian company in the software industry to create a

wonderful global customer meet.

The people that they put in front of the customer right from day one to thelast is generally top class, well prepared, they have done due diligence,

crossed and are extremely customer-friendly, very competent.

Tremendous focus on quality within the company.

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Software Services

Client acquisitions during the quarter was 33 as compared to28 inthe previous quarter

Established new alliances with world leaders in various

domains including manufacturing, retail and financial services To help SunAmerica transform its legacy Policy

Administration System to a new web-based architecture

Creating a roadmap and an implementation plan for anEnterprise Portal for a banking, insurance and asset

management leader in Europe that is one of the largest globalfinancial conglomerates

Clients added in the retail segment include Target Corporation,Americas fourth largest general merchandise retailer

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Competitors

Industries where Infosys competes

1. Computer Services

2. IT services

3. Business Services 4. Consulting

5. Outsourcing

Major Competitors

1. Tata Consultancy

2. Wipro Technologies

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Banking Products

Infosys core banking solution, FinacleTMwas implemented in

Cosmos Cooperative Bank, one of Indias oldest banks.

Entered into an agreement with ICICI to offer Indias first end-

to-end financial fulfilment product, enabling online financial

transactions between enterprises

Forged a strategic partnership with Accenture, Nigeria, for

delivery of services and solutions

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Selection and Recruitment

The biggest challenge for a knowledge company like Infosys is to recruit,

enable, empower, and retain the best and the brightest talent.

We realized long ago that we had to make a compelling value proposition

to our employees, just as we did for our customers.-Mr. N. Murthy

In addition to looking for strong technology skills, Infosys believes inhiring people who have the capacity to continue learning.

Mr. Murthy defined learn ability as the ability to extract genericinferences from specific instances and use them in new, unstructuredsituations.

The company believes in importance of humility. As one Infosysexecutive pointed out,

If you arent humble, you arent open to learning.

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Cont

Infosys invests heavily in initial training and education .It is required that

each employee undergo a certain number of hours of training every year.

Infosys is the company of choice for campus recruitment programs in

most major engineering institutes such as IITs , NITs and other premier

engineering and management institutes such as the IIMs.

Campus hiring at engineering institutes typically starts in May andcontinues through September. Senior managers and officers from Infosys

actively paticipate in this hiring, to bring the next generation of

bright ,young and talented leaders for the company.

Off-campus: Infosys also accept resumes to the email-id and

candidate will get a call letter if he/she meet their academic criteria. Lateral entry: Engineers with experience from other organisations can

apply through email or posts

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Training and Development

Role based training(RBT): The training is aimed at assisting

employees in particular roles to mould themselves to those roles. Each

of the courses I training is well designed to enable employees to gain

knowledge and practical experience.

Just in time(JIT): These courses are delivered to project persons based

on their sudden or unforeseen requirements. These are the regular RBTstailored to meet the urgent and time bound requests of projects.

This is an online learning program which enables a reader to do a self

study of the course. Each topis also has a set of exercise at the end of

each session.

Higher Educatiom Support Policy (HES): is to encourage theemployees to continue education through distance learning or part time

programs in India wiith reputed academic institutions

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Motivation and Rewards

Having penetrated an extremely selective hiring process and landed a job

with one of the most prestigious firms in India, Infosys employees carries

plenty of intrinsic motivation.

Infosys has a three-pronged approach when it comes to ensuring employee

motivation. The company provides:

Learning value - add through opportunities for continuous learning and

exposure to technology and assignments, as Infosys partners with clients in

transforming their businesses;

Financial value - add through competitive salaries, variable pay philosophy,asset generation opportunities and;

Emotional value -add through a fair and rewarding work environment and a

culture that has been built in Infosys through various initiatives and system

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Key Success Factors

Sound Management Skills

Nurturing Working Atmosphere

Commitment To Values, Speed ,Imagination andExcellence

Personnel Management

Infrastructure

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Cont...

While dealing with investors, always

under-promise and over deliver.

Invest in well understood, proven product& not just R&D.

Have a healthy sense of paranoia and

respect for the competition. Leaders in the making.

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Achievements

Few achievements of Infosys are listed below :

In February 2001, Infosys Technologies Ltd. (Infosys) wasvoted as

the Best Managed Company in Asia in the InformationTechnology

sector, in leading financial magazine Euromoney's FifthAnnual

Survey of Best Managed Companies in Asia.

It has also been voted the "Most Admired Indian Company" inThe

Wall Street Journal Asia 200 for 10 years in a row since 2000. Infosys was also listed in the Most Admired Knowledge

Enterprises

(MAKE) 2008 study and Forbes' Asian Fabulous 50 for thefourth

consecutive year.

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References

Infosys Annual Report

infosys.com

wikipedia.org timesjobs.com

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Thank You