Infosys Technologies..
Posted by dearsonu on October 10, 2006
CEO, President & MD: Nandan M. Nilekani
Infosys has
firmly established its credentials as one of the best IT majors, not only in India, but on a global scale. From an initial capital of Rs.10,000 to the billion dollar Hercules that it has become now, it has been busily stomping away competition. Associated with the likes of Airbus, ABN Amro and Goldman Sachs for outsourcing and off shoring projects, Infosys has acquired legendary credentials. “The global IT services industry is in the process of maturing to the next level of partnership with its clients,” says S. Gopalakrishnan, President and Chief Operating Officer, Infosys, adding that “globalization is forcing businesses to be lean, efficient and responsive to the customers & the market… to be their partner of choice, we will have to continuously improvise to give our clients faster, better and cheaper solutions.”
This July, the company became the first Indian software major to ring open the Nasdaq trading session. This is only fair as it was the first Indian IT company to ever be allowed on to the prestigious Indian stock exchange. One of the reasons behind the company’s success has been its incessant belief in its team. “Infosys scores superbly high on corporate governance. The main point is that it has powered employees and incentivesed employees,” says Rishi Sahai, Board Director, Indusview – a corporate and financial advisory.
The company that was considered a ‘daring’ choice to invest in, when in February 1993, it opened at the Indian bourses, has certainly proven all its critics wrong. Since its inception, Infosys, has already declared five bonus issues and this April notched $2 billion in revenue! Chief promoter N. R. Narayana Murthy may have hung up his boots, but Infosys is still scoring unbeaten.
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Source : IIPM Editorial, 2006, Arindam Chaudhuri’s Initiative
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