The origins of Infosys
Infosys was established in 1981 in Pune by seven engineers, including N.R. Narayana Murthy, with an initial capital of just US$250. The company's humble beginnings were marked by a vision to provide world-class IT services from India. In 1983, Infosys relocated its headquarters to Bengaluru, positioning itself in what would become India's Silicon Valley. Over the years, Infosys has grown exponentially, becoming a global leader in IT services and consulting. The company's journey from a small startup to a multinational corporation exemplifies the potential of Indian entrepreneurship and innovation in the technology sector.Brief information about Infosys Ltd.
Aspect | Details |
Founded | 1981 |
Founders | N.R. Narayana Murthy and six others |
Headquarters | Bengaluru, Karnataka, India |
Revenue (FY25) | US$19.3 billion |
Market Capitalisation | US$75.8 billion |
Employees | Over 323,000 |
Global Presence | Operations in more than 50 countries |
Stock Listings | NSE: INFY, BSE: 500209, NYSE: INFY |
Core Services | IT consulting, software development, business process outsourcing |
Notable Subsidiaries | EdgeVerve Systems, Infosys BPM, Infosys Consulting Holding AG, Infosys Public Services Inc. |
Timeline of Infosys history
1981: Infosys is founded in Pune, India.1983: Headquarters relocated to Bengaluru.
1993: Infosys goes public in India.
1999: Becomes the first Indian company to be listed on NASDAQ.
2002: Launches Progeon, its BPO subsidiary (later renamed Infosys BPM).
2004: Establishes Infosys Consulting Inc. in the USA.
2010: British Prime Minister David Cameron visits Infosys headquarters.
2011: Company renamed to Infosys Limited.
2014: Launches EdgeVerve Systems, focusing on enterprise software products.
2024: Introduces Aster, an AI-powered platform to enhance marketing efficiency.
Infosys's impact on Indian I.T. industry
Infosys has been instrumental in positioning India as a global IT hub. By pioneering the offshore delivery model, the company showcased India's potential in providing high-quality, cost-effective IT solutions to the world. Infosys's success inspired numerous startups and contributed to the growth of the IT sector in cities like Bengaluru, Hyderabad, and Pune. The company's emphasis on corporate governance, transparency, and employee development set industry benchmarks. Moreover, Infosys's investments in education and training have helped in building a skilled workforce, further strengthening India's position in the global IT arena.Future outlook of Infosys
Looking ahead, Infosys aims to navigate the challenges of a dynamic global economy by focusing on digital transformation, cloud services, and AI-driven solutions. The company anticipates modest revenue growth of 0-3% for FY26, reflecting cautious client spending and macroeconomic uncertainties. Despite these challenges, Infosys remains committed to innovation, with initiatives like the Aster platform and investments in AI and automation. The company's strategic focus on upskilling employees and expanding its global footprint positions it well for sustainable growth in the evolving IT landscape.Subsidiaries of Infosys
Infosys has expanded its capabilities and global reach through various subsidiaries:EdgeVerve Systems Limited: Specializes in developing software products, including the Finacle banking solution.
Infosys BPM Limited: Provides business process management services across various industries.
Infosys Consulting Holding AG: Offers management consulting services, helping clients with strategy and transformation.
Infosys Public Services Inc.: Focuses on delivering IT services to public sector organizations in North America.