Dennis Gada’s Post

Infosys was founded in 1981 by seven individuals who shared a common passion for coding and a dream of making 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 meager investment of Rs 10,000, which was generously provided by Mrs. Sudha Murthy, Narayana Murthy's wife. The company initially operated out of a small office room, the front room of Murthy's home, with its registered office located at Raghavan's home. Despite their limited resources, the founders had a clear vision of what they wanted to achieve. In the early years, Infosys faced numerous challenges and setbacks. One of the most significant hurdles came in 1989 when their first joint venture, KSA-Infosys, collapsed. This setback pushed the company to the brink of collapse, and Ashok Arora, one of the co-founders, resigned in despair. However, Narayana Murthy's unwavering determination and belief in the company's potential inspired the remaining founders to persevere. He declared, "If you all want to leave, you can. But I am going to stick with it and make it." This statement became a turning point in the company's history, instilling renewed confidence in the team. One of the key factors behind Infosys' success is its adoption of the Global Delivery Model (GDM). This innovative approach allowed the company to provide cost-effective solutions to its clients by leveraging the talent and resources available in different countries. Infosys operates in the IT, software, consulting, and outsourcing sectors. Infosys has a robust revenue model that focuses on driving productivity, process improvement, and offshore work. Infosys has witnessed remarkable growth since its inception. The company went public in 1993 and became the first Indian company to be listed on the Nasdaq stock exchange in 1999. This milestone solidified Infosys' position as a global player in the IT industry.   As of November 2023 Infosys has a market cap of $68.06 Billion. This makes Infosys the world's 202th most valuable company. #StartupStory

Infosys Odyssey: From Pune's Apartment to Global IT Dominance. Chapter 6: Infosys in the Global IT Landscape. The years spanning from 2008 to 2010 posed unique challenges for Infosys and the global IT industry as a whole. The period was marked by the global financial crisis, which had far-reaching implications. Despite the economic downturn, Infosys demonstrated resilience and adaptability. During this time, Infosys faced increased competition, pricing pressures, and a shift in client spending patterns. The company, however, managed to navigate these challenges more effectively than many of its peers. Infosys' commitment to efficiency, innovation, and client satisfaction allowed it to weather the storm and maintain a solid financial standing. Infosys continued its global expansion during this period, establishing a stronger presence in key markets, particularly in the United States. The company's ability to understand and respond to the evolving needs of clients contributed to its competitiveness in the IT services sector. In addition to managing external challenges, Infosys also took steps to enhance internal processes, focusing on operational efficiency and cost optimization. These initiatives, coupled with a client-centric approach, positioned Infosys as a reliable partner for businesses seeking technology solutions in the midst of economic uncertainties. Chapter 6 reflects a critical juncture in Infosys' history, highlighting its capacity to navigate challenges and adapt to a rapidly changing global landscape. Infosys emerged from this period not only financially robust but also with a renewed focus on innovation and client-centric strategies that would shape its trajectory in the subsequent years. #startup #strategy #technology

🚀 FROM $250 TO $42.51 BILLION: THE INSPIRING JOURNEY OF INFOSYS 🌐 Infosys Limited (NASDAQ: INFY) is a name synonymous with India's thriving IT industry and global technological innovation. Established in 1981 by a group of visionaries with a meager $250, Infosys has since transformed into a global IT and consulting powerhouse with a market capitalization of $42.51 billion. THE BIRTH OF INFOSYS: Infosys was conceived on a fateful morning in January 1981 when N. R. Narayana Murthy and six software engineers gathered in his apartment to discuss their dream of creating a company dedicated to writing software code. Six months later, on July 2, 1981, Infosys was officially registered as a private limited company, initially known as Infosys Consultants Pvt Ltd. What's truly remarkable is that the company's initial capital was a mere $250, borrowed from Narayana Murthy's wife, Sudha. 👨💼 THE FOUNDING TEAM: The seven pioneers who embarked on this ambitious journey were N. R. Narayana Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, and Ashok Arora. Each brought their unique skills and determination to the table, propelling Infosys towards its future success. 👥 EARLY STRUGGLES AND TRIUMPHS: The initial years were far from smooth sailing for Infosys. The founders, predominantly software engineers, faced immense challenges. They attempted to enter the American market through a joint venture with Kurt Salmon Associates, but the venture collapsed in 1989, pushing Infosys to the brink of failure. Ashok Arora, one of the founding partners, decided to leave. However, Narayana Murthy's unwavering determination to persevere ultimately led to Infosys' resurgence. 💪 THE NASDAQ LISTING: Infosys made history by becoming the first Indian company to list on the Nasdaq stock exchange in 1999. This momentous event marked a significant milestone for the company and solidified its presence in the global IT services industry. Infosys' entry into the US market via Data Basics Corp and later through Kurt Salmon Associates played a pivotal role in its growth. 📈 GLOBAL EXPANSION AND IMPACT: Today, Infosys provides consulting and IT services to clients across the globe. With a workforce of over 53,000 employees worldwide, Infosys continues to use a low-risk, global delivery model that accelerates project schedules with remarkable time and cost predictability. The company boasts offices in major cities worldwide, serving clients like Reebok, Visa, Boeing, and Cisco Systems. 🌐 AWARDS AND RECOGNITIONS: Infosys' commitment to excellence has earned it numerous accolades and recognitions. It has been ranked as one of the world's most innovative companies by Forbes, listed among the top twenty green companies by Newsweek's Green Rankings, and named India's most admired company in The Wall Street Journal Asia 200. 🏆 FOLLOW ME FOR MORE SUCH INSIGHTFUL CONTENT! Siddharth Gharage(Desai) #Infosys #Technology #SuccessStory #india

The evolution of Infosys, founded in 1981 by N.R. Narayana Murthy and a group of six engineers, has been a remarkable journey in the realm of information technology. Initially focused on software development services, Infosys quickly gained prominence for its commitment to quality and innovation. In the early years, Infosys positioned itself as a reliable outsourcing partner, riding the wave of the global IT boom. The company's emphasis on building long-term client relationships and delivering value-added services set it apart in a competitive market. As the demand for IT services surged, Infosys expanded its offerings, venturing into areas like consulting, system integration, and business process outsourcing. One of the key milestones in Infosys' evolution was its listing on the Indian stock exchanges in 1993. This move not only provided capital for growth but also established Infosys as a trailblazer in India's IT industry. The company's adherence to corporate governance and transparency further strengthened investor confidence. Infosys embraced globalization in the late 1990s, establishing a significant presence in the United States and Europe. This strategic move allowed the company to tap into diverse markets, establishing itself as a global player. The early 2000s saw Infosys navigating the challenges of the dot-com bust, showcasing resilience and adaptability. In subsequent years, Infosys continued to diversify its service portfolio, incorporating emerging technologies like artificial intelligence, cloud computing, and blockchain. This forward-looking approach positioned Infosys as an industry leader in digital transformation services. The company's commitment to sustainability and social responsibility also gained prominence during this period. Leadership changes within Infosys, including the appointment of Vishal Sikka as CEO in 2014, marked a shift towards a more innovation-driven culture. Sikka emphasized the importance of automation and AI, steering Infosys towards a future focused on cutting-edge technologies. However, leadership transitions also brought challenges, with a subsequent change in CEO in 2017. As of my last knowledge update in January 2022, Infosys has continued to evolve, facing the dynamic landscape of the IT industry. The company's ability to adapt to technological shifts, foster innovation, and maintain client-centricity has been crucial to its enduring success. Please note that for the latest developments and details, it's recommended to refer to more recent sources or Infosys' official communications.#snsinstitutions #snsdesignthinkers #designthinking

“Treat guests like God” N. R. Narayana Murthy After Client Made Him Sleep In Storeroom 👉 During the initial days of Infosys, Narayana Murthy faced significant challenges with a client, Donn Liles, who used to - - Delay payments  - Impose last-minute demands - Not provide timely authorization for work In fact, on one occasion during a US visit for client work, Narayana Murthy was made to sleep on a large box in a storeroom, surrounded by cartons, despite Liles having a four-bedroom home. This incident was not just a physical discomfort but huge disrespect to Narayana Murthy, contradicting his belief in treating guests with honor. Despite these hard times, he kept going because he wanted Infosys to succeed. "An Uncommon Love: The Early Life of Sudha and Narayana Murthy" reveals these insights and more about his personal and professional life. The book also talks about Sudha Murthy, and shares some interesting insights about their life: 📌 Narayana was hesitant to have Sudha join Infosys, fearing the perception of nepotism despite her engineering background. 📌 He believed that her joining might turn Infosys into a 'husband-and-wife' firm, overshadowing its professionalism. 📌 Both Narayana and Sudha shared a Kannada background and love for literature, yet their views diverged. 📌 Narayana, influenced by socialism, leaned towards Russian literature. Sudha, advocating English as a global language, focused on English literature. Learnings - ✅ Keep Going, Even When It's Hard: Narayana Murthy faced tough times but didn’t give up, showing us to keep trying even when things are tough. ✅ Be Honest and True: He always stayed honest in his work, teaching us that being true and fair is important. ✅ Respect Different Ideas: They both liked different things but still got along well, showing that it's good to respect and accept different ideas. ✅ Have a Strong Goal: The story of infosys shows that having a strong goal and working hard for it can lead to great things. The book shows how they navigated the complexities of their professional and personal lives, shaping not only Infosys but also contributing significantly to India's entrepreneurial landscape. #leadership #entrepreneurship

Narayana Murthy, the co-founder of Infosys, has indeed been a prominent figure in the tech industry. His views on work-life balance and dedication to Infosys have been widely discussed. However, it’s essential to recognize that every individual’s perspective on this matter can differ. Here are some points to consider: 1. Corporate Commitment: - Murthy’s dedication to Infosys was instrumental in its growth and success. - His commitment to the company was driven by a vision to create a global IT powerhouse. 2. Family and Personal Sacrifices: - Murthy’s intense focus on Infosys meant sacrifices in terms of family time. - Many successful entrepreneurs and executives face similar trade-offs. 3. Impact on Family Relationships: - While Infosys thrived, some family members may have felt the strain of his demanding schedule. - Balancing work and family is a perpetual challenge for high-achievers. 4. Legacy and Lessons: - Murthy’s legacy extends beyond Infosys. His leadership and values continue to inspire. - His story serves as a lesson about the delicate balance between career and family. 5. Individual Choices: - Each person must decide their priorities—whether to prioritize career, family, or both. - Success stories like Infosys often involve personal sacrifices. 6. Reflection and Adaptation: - It’s essential to reflect on our choices periodically. - Adaptability and communication within families are crucial. In the end, the impact of Murthy’s choices on his family is a complex interplay of individual perspectives, circumstances, and personal values. As we navigate our own lives, we can learn from both his achievements and the challenges he faced.

We need people who will be there for us during our ups 👍 and downs 👎. They don't necessarily need to provide solutions to all our problems 😢. They simply want to stand by our side, and that's it. When I started my company, I was overwhelmed with confusion about how I would provide for my family. One word from my wife 👰 changed everything. She said, 'Please try it, and even if you fail, we are with you. We will restart everything.' These simple words gave me the confidence to move forward with courage. 😎But often, we overlook these small, encouraging words. These small words of support are just as crucial for larger companies 🏢. Infosys faced numerous challenges from its very inception, One significant challenge was the failure 👎of Infosys's first joint venture, KSA-Infosys, in 1989. This was a critical moment when Infosys was on the brink of collapse, leading to the resignation of Ashok Arora, who was disheartened by Infosys's progress. Mr. Gopalakrishnan, reminiscing about those days, said, 'We had nothing after eight years of trying to build a company. Those who studied with us had cars and houses.' With Ashok Arora's resignation, things became uncertain for the other co-founders. However, Narayana Murthy's remark, 'If you all want to leave, you can. But I am going to stick with it and make it,' instilled courage in all the other founders of the company.💪 In life, sometimes all we can give to our loved ones and friends is that single word of confidence 🫵. It's enough to help them achieve more. Rest will become History 😍 Don't wait for grand gestures or significant words; sometimes, that small word of support can make all the difference." 🔥 Happy to meet Mr Kris Gopalakrishnan ( Executive Vice Chairman - Infosys )

#Infosys co-founder Narayana Murthy has sparked quite the stir on social media with his "70 hours a week". He immediately got support from Ola's Bhavish Aggarwal and BharatPe co-founder Ashneer Grover. Narayana Murthy is icon of India. I had been tracking Infosys since its IPO in 1993. 100 shares at Rs 105 in 1993, is worth today at Rs 14 Crores (100 shares became 102400) plus dividends. Last 5 years dividend amount would have been at Rs 1.18 Crs. Today his family has Infosys shares worth Rs 20833 Cr plus other investments At peak share price of Rs 1950, they have Rs 30000 Crs Infosys shares With all due respects to this great man, i was surprised at his advise to young people that "They should work for 70 Hours) I read all the comments of this Youtube video and with my understanding of #software sector, i can confidently say that present young generation is working not just 70 hours, in fact they may be working more hours. It is not today that they are doing, they have been doing this more than 2 decades. This is not at junior level but even at mid level. My co-brother who used to work for #HCLtech used to leave house at 9 am and used to return at 2 am in the morning and immediately rush to office again at 9 am. I used to tell him to search for some other job. Same is the case with Banks and in fact one can visit any private sector bank and can see some staff working till 9/10 pm. This is the reason #Attrition is so high in Private Banks at 35%-45% while #SBI attrition is mere 2% I am surprised with great Murthy's comments. Some one made a comment that in 2005 starting salary is Rs 3.2 lakhs and today starting salary is same. Annual report of Infosys says around 20 people got more than Rs 20 Crores salary while median salary of junior employee remains same at Rs 3.6 lakhs for 40% of employees which is near USD 1.75 per hour at the rate of 48 hours per week and if i calculate real hours spent by them it can go down to $1.2 per hour while they bill to their customers $30 to 200 per hour depending upon the task. As per Indian labour laws, staff need to mention in and out time in the office and i am 100% confident that none paying "OVER TIME" charges to any of the employees (as per law they need to pay twice the amount for >48 hours week work). Then what they are talking about best CORPORATE GOVERNANCE AND Following "LAW" Are they taking care of health aspects of employees, how much time they are spending on travel (when they get paid Rs 25K they have no choice for to take house at the outskirts of the city) I feel while #Humancapital is being exploited by employers, employees are not rewarded properly as it has become employer market Tata Consultancy Services Wipro Infosys HCLTech Tech Mahindra Mindtree #Software #Banks #HDFCBank #ICICIBank #Axisbank #SBI #Staff #hrcompliance #Government #labourlaw #Finance #money

The Positive Impact of Companies like TCS and Infosys on the Indian IT Industry and People TCS and Infosys are two of the biggest IT companies in India, and their influence on the industry and the lives of people cannot be overstated. Here's a look at some of the positive impacts they've had: Growth and Job Creation: These companies have been at the forefront of the IT industry's growth in India. They employ hundreds of thousands of people directly and indirectly, creating a pool of skilled IT professionals and boosting the overall size and competitiveness of the sector. Global Recognition: TCS and Infosys have put India on the map as a major IT hub. Their success has attracted other multinational companies to invest in India, further strengthening the industry's infrastructure and capabilities. Skilling and Upskilling: These companies invest heavily in training and development programs for their employees, ensuring they stay updated with the latest technologies and trends. This has created a ripple effect, raising the overall skill level of the Indian IT workforce. Innovation and R&D: TCS and Infosys are constantly innovating and developing new technologies. They have established world-class research and development centers in India, contributing to the advancement of IT globally. High Earning Potential: Compared to other sectors in India, IT jobs offer some of the highest salaries. Working for companies like TCS and Infosys can significantly improve one's standard of living and provide opportunities for financial security. Improved Career Opportunities: These companies offer a wide range of career paths within the IT domain, allowing employees to specialize in areas of their interest and expertise. The global nature of their operations also opens up doors for international exposure and assignments. Promoting Diversity and Inclusion: These organizations have made conscious efforts to promote diversity and inclusion in their workplaces. This has created a more equitable and welcoming environment for people from all walks of life. Additionally, here are some specific examples of their positive impact: Infosys' Foundation works on various social development projects, including education, healthcare, and rural development, improving the lives of millions of people across India. TCS's "Go Digital" initiative has helped small and medium businesses in India adopt digital technologies, improving their efficiency and competitiveness. Of course there are also some challenges associated with the IT industry's rapid growth in India, such as the digital divide and the need for continuous skill development. However, the positive contributions of TCS and Infosys are undeniable, and they continue to play a vital role in shaping the future of the Indian IT industry and the lives of the people who work in it. Infosys Tata Consultancy Services #infosys #tcs #lazyprogrammer #india #growthmindset

In a recent interview, Mr. Narayana Murthy mentioned about not adequately rewarding early Infosys employees. What caught my attention was his readiness to admit mistakes. It offers a valuable lesson in leadership and humility. No matter how successful or prominent an individual becomes, the ability to acknowledge and learn from errors is a crucial aspect of personal and professional growth! #learnfrommistakes #professionaldevelopment #leadershipqualities #leadershiplessons #narayanamurthy #infosys https://lnkd.in/dFkxBaCA