Agenda• Introduction• Milestones• Global Initiatives• Infosys Business Profile• Problem in Infosys• Resulting actions• Future forecast
Introduction• Infosys was founded in 1981.• Public sector IT Company.• Capital of over US$ 4 billion and market capital of over US$ 27 billion.• Over 120,000 employees.• Global offices in 30 countries.• Development Centers in India , US,China,Australia,Canada and many more.• 1st IT Company in India to be listed in NASDAQ ( INFY
Milestones• 1983 - Relocates corporate headquarters to Bangalore.• 1987 - Opens first international office in Boston, US• 1993 - Acquires ISO 9001/TickIT certification & Goes public• 1997 - Infosys is assessed at CMM Level 4• 1999 - Listed on NASDAQ .21st company CMM Level 5 certification.• 2001 - N. R. Narayana Murthy is rated among Time Magazine/CNNs 25 most influential businessmen in the world.• 2004 - Revenues reach US$ 1 billion . Infosys Consulting Inc. is launched• 2005 -.Selected to the Global MAKE Hall of Fame
Global Initiatives In 1996, Infosys created the Infosys Foundation. In 1997 started the "Catch them Young Programme“. n 2002, the Wharton Business School and Infosys started the Wharton Infosys Business Transformation Award. Since 2004, Infosys has embarked in academic initiatives under the umbrella of a program called AcE - Academic Entente In 2008, Infosys created Infosys Mathematics Prize for excellence in Mathematics research
Infosys Business Profile• Infosys is a leader in Next generation IT and consulting services.• It provides IT solution to companies.• Its main segments are BFSI, Retail & Distribution, Telecom, Manufacturing, Life sciences & Healthcare.• Helps in streamline the business processes to make it profitable.
Problem in InfosysReorganization and shuffling oftop management.Not concentrating on inorganicgrowth.Overstress of largest segment ofInfosys i.e. BFSI.Poor HR Policies increased BenchStrength.Loosing in Consulting field.
Resulting Actions• Infosys terminated nonperforming employees.• Promotions and Salary hike was suspended.• Suspension of recruitment process.• Did not forecasted future growth.• Implemented iRace Policy.
Future Forecast Stabilization of top New Implemented Improvement in management will Infosys 3.0 system will economies will help. boost growth. increase the sale.