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HomeSuccess StoryInfosys Success Story: Infosys Consulting IT Services Digital Transformation Powering Digital...

Infosys Success Story: Infosys Consulting IT Services Digital Transformation Powering Digital Dreams

Infosys Success Story 

Infosys success story Digital technology is transforming services and businesses in today’s world. It is fundamentally changing operations and delivering value to consumers. It is also a cultural modification that wants organisations to experiment with various things and get comfortable with downfalls.

Infosys is an information technology consulting company. It is an Indian multinational company that provides information technology, business consulting, and outsourcing assistance. It considers itself to be a global leader in next-gen digital consulting. It is the 2nd largest IT company after TCS (Tata Consultancy Services). It is also the 596th biggest company in the entire world based on the terms of revenue.

Infosys – Company Highlights

  • Company Name-Infosys
  • Headquarters-Bangalore, Karnataka, India
  • Sector-IT, Software, Consulting, Outsourcing
  • Founders-N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal, Kris Gopalakrishnan, Ashok Arora, N.S. Raghavan and K. Dinesh
  • Founded-1981
  • Website-infosys.com

Infosys – About

Infosys is hailed as an Indian multinational information technology company that offers information technology, business consulting, and outsourcing services. Originally founded in Pune, Infosys is currently headquartered in Bengaluru.

It is provider of next-gen services. The company enables clients in more than 50+ countries to stay ahead of the innovation curve and outperform in the game. It has more than 187,000 employees working within it.  

Infosys – Startup Story

The Infosys startup story came into existence in 1981. It was founded by the former employees of Patni Computer Systems. 7 people who were enthusiastic about writing codes and wanted to make it big in the American market – N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal, Kris Gopalakrishnan, Ashok Arora, N.S. Raghavan and K. Dinesh started the company with a meagre amount of INR 10,000 and named it Infosys Consultants. Mrs. Sudha Murthy gave this amount to her husband, Mr Narayana Murthy. The company began with a small office room. It was the front room of Murthy’s home and the registered office was Raghavan’s home. The company didn’t have any computer till 1983 because they couldn’t afford it. It took them two years to buy a computer on their own and the model was Data General 32-bit MV8000.

Infosys – Founders And Team

N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal, Kris Gopalakrishnan, Ashok Arora, N.S. Raghavan and K. Dinesh are the founders of the company.

Narayana Murthy is an Indian billionaire businessman and the co-founder of Infosys.

Nandan Nilekani is an Indian entrepreneur. He is the Non-Executive Chairman of Infosys.

S.D. Shibulal is an Indian business executive. He is the CEO and Managing Director of Infosys.

The tagline of the company is ‘Powered by Intellect, Driven by Values’. This is the base tagline of Infosys. It focuses especially on re-communicating values. The company uses various slogans from time to time in its presentations.

Infosys – Business Model

The Infosys business model is ideal. Previously the company concentrated only on Europe and the US preferring the (GDM) Global Delivery Model. During the 1990s Infosys focused on factors like Banking and Financial Services (BFSI), manufacturing, application development, maintenance, and testing. These all helped Infosys become a pioneer in the IT sector.

Infosys – Revenue Model

  • Improving Revenue by establishing productivity guidelines.
  • Improving Revenue by improving the process.
  • Improving Revenue by driving more work offshore.
  • Improving Revenue by increasing Reuse
  • Improving Revenue by taking giant leaps from small steps.
  • Improving Revenue by providing quality services.

Infosys – Funding And Investors

Infosys has raised a total amount of $200 million in funding over the 1 funding round.

Infosys – Growth

The Infosys growth story can be witnessed since it started trading in India in 1993. This was possible because the business had the ability to increase the per-capita revenues and attract the brightest investments on a go-forward basis.

Infosys eventually formed a JV again with KSA (Kurt Salmon Associates), which was nothing other than the completion of a full-circle for Infosys. It partnered with KSA this time to handle marketing in the US. The Narayana Murthy-led company went public in 1993 and was hailed as the first Indian company to list on the Nasdaq stock exchange in 1999. Pioneering the Global Delivery model and preserving and nurturing the entrepreneurial itch are some of the main secrets that lie behind the colossal growth of Infosys.

Infosys currently serves clients like Visa, Reebok, Cisco Systems, Nordstrom, Boeing, New York Life, Nortel, GE and more. The biggest market for Infosys is US.

Infosys – Challenges

Infosys had witnessed numerous challenges, which started right from the day it was launched, or even before that if we go by the facts. Infosys started with a sum of Rs 10,000 borrowed from Mrs Sudha Murthy, starting from there to the place where Infosys is now was a path full of hurdles. One of the prominent challenges that Infosys witnessed is when its first Joint venture, KSA- Infosys failed in 1989. This was really a point when Infosys was almost on the brink of collapsing down. This led to the resignation of the Ashok Arora, who was absolutely dejected with the way Infosys progressed.

Mr Gopalkrishna reminiscing the days, said “we had nothing after eight years of trying to bring up a company. Those who studied with us had cars and houses.” With the resignation of Ashok Arora things started to get blurry for the other co-founders as well, but soon Narayana Murthy remarked “if you all want to leave, you can. But I am going to stick (with it) and make it”, which instilled courage in all the other founders of the company.

Infosys – Competitors

The top Infosys competitors are TCS, Wipro and HCL.

Wipro is also one of the top competitors of Infosys. It is a public company headquartered in Bangalore, Karnataka, India. It was founded in 1945. It also operates in the IT services industry.

HCL is the top 3rd rival of Infosys. It is headquartered in Noida, Uttar Pradesh, India. The company operates in the IT Services Industry.

Infosys – Future Plans

The company has got plans to hire around 12,000 local US additional workers for various roles by the year 2022. The eye will be especially on experienced technology professionals as well as new graduates from renowned universities and colleges to create a strong platform. This action will be taking place in order to decrease their dependencies on the H-1B visa. This is nothing but a strategy to increase local hiring in the US.

FAQs

What is the full form of Infosys?

The name Infosys is derived from Information Systems.

Who are the founders of Infosys?

The Infosys founders are N.R. Narayana Murthy, Nandan Nilekani, S.D. Shibulal, Kris Gopalakrishnan, Ashok Arora, N.S. Raghavan and K. Dinesh.

What is the Infosys story?

Infosys is a provider of next-gen digital services with more than 187,000 employees.