🚀 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
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From 250$ to Global Dominance : The Infosys journey. Founding and Early History Infosys was founded on 2nd July 1981 by seven co-founders: N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, and Ashok Arora. The initial investment for the company was $250, and its headquarters are located in Bangalore. Over the years, some of the co-founders retired or left the company, such as Ashok Arora in 1989, N.S. Raghavan in 2000, K. Dinesh in 2011, and both S. Gopalakrishnan and S.D. Shibulal in 2014. Milestones and Market Presence: Infosys went public in 1993 with an initial share price of ₹95. In 1999, Infosys became listed on NASDAQ, marking its presence on the U.S. stock exchange. Infosys has significantly expanded its presence in key markets, including the U.S., Europe, and the Asia-Pacific region. By focusing on building and maintaining long-term relationships with clients and embracing digital transformation, Infosys has managed to maintain a strong position in the IT services industry. Competitors The major competitors of Infosys are other large Indian IT companies such as Tata Consultancy Services (TCS), Wipro, and HCL Technologies. Challenges: Infosys faced several challenges in its early days, including a lack of capital, inadequate infrastructure, and difficulty in building trust with clients. Despite these obstacles, the company managed to grow and establish itself as a major player in the IT sector. Market Share and Employee Base: Infosys holds an approximate market share of 13% in the Indian IT services industry. The company boasts a substantial workforce, with around 317,240 employees, reflecting its significant scale and capacity to handle large projects. Crisil Rating: Infosys has received high credit ratings, specifically AAA and AA+, indicating strong financial health and stability. Client Relationships: Maintaining strong client relationships has been central to Infosys's success. By focusing on client satisfaction and delivering reliable services, the company has built a reputation for trustworthiness and quality. This approach has helped Infosys secure long-term contracts and repeat business, contributing to its sustained growth. Conclusion: Infosys’s journey from a small startup to a global IT giant is marked by strategic foresight, resilience in the face of challenges, and a commitment to innovation. The company’s strong leadership, focus on client relationships, and continual investment in talent and technology have been critical to its success. Infosys’s market share, extensive employee base, and high credit ratings underscore its position as a leading player in the IT services industry. With ongoing efforts to streamline operations and expand globally, Infosys is well-positioned to maintain its growth trajectory and competitive edge in the future. Nikita Ghiria Yuvraj Dubey Divyansh Mohata Kanishka Ramuka
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From 250$ to Global Dominance : The Infosys journey. *Founding and Early History* Infosys was founded on 2nd July 1981 by seven co-founders: N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, and Ashok Arora. The initial investment for the company was $250, and its headquarters are located in Bangalore. *Milestones and Market Presence:* Infosys went public in 1993 with an initial share price of ₹95. In 1999, Infosys became listed on NASDAQ, marking its presence on the U.S. stock exchange. Infosys has significantly expanded its presence in key markets, including the U.S., Europe, and the Asia-Pacific region. *Competitors* The major competitors of Infosys are other large Indian IT companies such as Tata Consultancy Services (TCS), Wipro, and HCL Technologies. *Challenges:* Infosys faced several challenges in its early days, including a lack of capital, inadequate infrastructure, and difficulty in building trust with clients. Despite these obstacles, the company managed to grow and establish itself as a major player in the IT sector. *Strategic Initiatives:* Infosys implemented various initiatives to streamline operations and enhance efficiency. It established educational institutions and partnered with universities to improve its talent pool. The company has also focused on building long-term client relationships, aiming to provide consistent and high-quality services. Cost optimization and operational efficiency have been key areas of focus, allowing Infosys to maintain profitability and competitive pricing. *Market Share and Employee Base:* Infosys holds an approximate market share of 13% in the Indian IT services industry. The company boasts a substantial workforce, with around 317,240 employees, reflecting its significant scale and capacity to handle large projects. *Crisil Rating:* Infosys has received high credit ratings, specifically AAA and AA+, indicating strong financial health and stability. *Expansion and Growth:* To foster growth, Infosys has consistently invested in expanding its presence in key international markets. Infosys has embraced digital transformation, adopting and implementing new technologies to stay ahead in a rapidly evolving industry. *Client Relationships:* Maintaining strong client relationships has been central to Infosys's success. By focusing on client satisfaction and delivering reliable services, the company has built a reputation for trustworthiness and quality which has helped Infosys secure long-term contracts contributing to its sustained growth. *Conclusion:* Infosys’s journey from a small startup to a global IT giant is marked by strategic foresight, resilience in the face of challenges, and a commitment to innovation. With ongoing efforts to streamline operations and expand globally, Infosys is well-positioned to maintain its growth by trajectory and competitive edge in the future. Shagun Chowdhary Nikita Ghiria Kanishka Ramuka Yuvraj Dubey
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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 $68.06 Billion. This makes Infosys the world's 202th most valuable company. #StartupStory
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From 250$ to Global Dominance : The Infosys journey. Founding and Early History Infosys was founded on 2nd July 1981 by seven co-founders: N.R. Narayana Murthy, Nandan Nilekani, S. Gopalakrishnan, S.D. Shibulal, K. Dinesh, N.S. Raghavan, and Ashok Arora. The initial investment for the company was $250, and its headquarters are located in Bangalore. Milestones and Market Presence: Infosys went public in 1993 with an initial share price of ₹95. In 1999, Infosys became listed on NASDAQ, marking its presence on the U.S. stock exchange. Infosys has significantly expanded its presence in key markets, including the U.S., Europe, and the Asia-Pacific region. Competitors The major competitors of Infosys are other large Indian IT companies such as Tata Consultancy Services (TCS), Wipro, and HCL Technologies. Challenges: Infosys faced several challenges in its early days, including a lack of capital, inadequate infrastructure, and difficulty in building trust with clients. Despite these obstacles, the company managed to grow and establish itself as a major player in the IT sector. Strategic Initiatives: Infosys implemented various initiatives to streamline operations and enhance efficiency. It established educational institutions and partnered with universities to improve its talent pool. The company has also focused on building long-term client relationships, aiming to provide consistent and high-quality services. Cost optimization and operational efficiency have been key areas of focus, allowing Infosys to maintain profitability and competitive pricing. Market Share and Employee Base: Infosys holds an approximate market share of 13% in the Indian IT services industry. The company boasts a substantial workforce, with around 317,240 employees, reflecting its significant scale and capacity to handle large projects. Crisil Rating: Infosys has received high credit ratings, specifically AAA and AA+, indicating strong financial health and stability. Expansion and Growth: To foster growth, Infosys has consistently invested in expanding its presence in key international markets. Infosys has embraced digital transformation, adopting and implementing new technologies to stay ahead in a rapidly evolving industry. Client Relationships: Maintaining strong client relationships has been central to Infosys's success. By focusing on client satisfaction the company has built a reputation for trustworthiness and quality which has helped Infosys secure long-term contracts contributing to its sustained growth. Conclusion: Infosys’s journey from a small startup to a global IT giant is marked by strategic foresight, resilience in the face of challenges, and a commitment to innovation. With ongoing efforts to streamline operations and expand globally, Infosys is well-positioned to maintain its growth by trajectory and competitive edge in the future. Shagun Chowdhary Yuvraj Dubey Kanishka Ramuka Divyansh Mohata Thanks to sir Zubin Rashid .
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Infosys Q4 results announcement soon; revenues to margins, here is what to expect Full Article Link >>> https://lnkd.in/gC3Pt8ni Apr 17, 2024 03:56 PM IST Infosys Q4 results announcement is scheduled for April 18 and here we reveal what you can expect. After the largest IT services company in India, Tata Consultancy Services (TCS) last week, now it is the turn of the next tech biggie, Infosys, to reveal its 4th quarterly numbers and […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews
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Infosys Q4 results announcement soon; revenues to margins, here is what to expect Full Article Link >>> https://lnkd.in/grDgs9Va Apr 17, 2024 03:56 PM IST Infosys Q4 results announcement is scheduled for April 18 and here we reveal what you can expect. After the largest IT services company in India, Tata Consultancy Services (TCS) last week, now it is the turn of the next tech biggie, Infosys, to reveal its 4th quarterly numbers and […] . . Latest IND . . . . #trendingnews #newstrending #trendingtopicnews #lifestyle #business #news #healthylifestyle #smallbusiness #supportsmallbusiness #lifestyleblogger #luxurylifestyle #businessowner #businesswoman #smallbusinessowner #businessnews
Infosys Q4 results announcement soon; revenues to margins, here is what to expect
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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
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Lately, there’s a lot being said about “70 hours”! I joined Infosys as a 22-year old clueless lad. The Infosys & IT industry that I joined then, didn’t look anything similar to what it looks like today. Infosys was just about 250 people in a small office, sharing computers, using dial-up modems to upload programs! I bet many of you don’t even know what a dial-up modem is! Fast forward to today - India is the dominant global leader in IT. Why? The doyens of the IT industry, like Mr Murthy & others, pushed the boundaries of what was possible - relentlessly! They persisted against all odds - relentlessly! They innovated on multiple fronts - relentlessly! They showed grit day after day after day - relentlessly! They did not take “no” for an answer, but ethically found a way against all odds - relentlessly! They made disproportionate sacrifices & worked asymmetrically hard - relentlessly! And as they did this, they built an institution & created millions of opportunities to lift millions of people to have better lives! They contributed to India gaining global visibility & respect. And inspired an entire generation of entrepreneurs to BELIEVE! Something similar can be said about our ISRO scientists with their missions to Mars and Moon. About Tendulkar, Dhoni & Kohli. About Amitabh, Shahrukh, Rajnikanth & Rajamouli. And so many others across various fields. What’s common between them all? They are classic examples of pushing boundaries, innovating, persisting, being gritty & finding a way, no matter what, making sacrifices & working very hard - relentlessly! As a country, India today is poised for greatness. Like SRK’s “sattar minute” (70 minutes) speech from “Chak De”, nobody can take this opportunity away from India today. But then nothing can be taken for granted. A lot needs to be done. To achieve global leadership in various areas, India as a nation, will also need to push boundaries, innovate, find a way no matter what, make sacrifices & work very hard - relentlessly - and at a scale like never seen before in history! Today, many of us have a lot more choices & opportunities than ever before - because of what our prior generations did. Choices to have a fulfilling career, earn abundantly, and have time to do what we love. But everyone’s definition of “fulfilling career”, “earn abundantly” & “what we love” is very personal. As long as, what we are willing & able to “put in” is in sync with what we want to be able to “take out” - there is peace and harmony in life; else there is tremendous turbulence! Everyone has a choice to rise up to or settle down to their levels of ability, passion, hunger, desire & priorities. To each their own! And what we collectively choose to do, will determine what the nation will achieve over the coming decades & generations. If you enjoyed this or learned something, consider following me at Samson David for more in future. #leadership #culture #india
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Director RDIT at PI Industries Ltd | Digital Transformation | AI, ML, Molecular Modeling | Children Books Author
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.
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Digital & Marketing Advisor I Brand doctor | Founder/Chief Thinker: AI 3.60 Impact Solutions I 30+ years cross-sector experience l FMCG, Retail, Ecommerce, Hospitality, Healthcare, IT, B2B & more I I help brands grow
A well-balanced viewpoint on the recent brouhaha over "working 70 hours a week", by Samson David, someone who saw upfront and centre over 2 decades the growth of Infosys, whose founder Narayana Murthy made the "70 hours a week" statement on a recent interview. It's not about clocking the exact 70 or 60 or 50 or 100 hours as much as it's about doing what the takes to get ahead and get great results for yourself and your organisation. It's about how one's wired and what the expectations for oneself are. It's about choices one makes. You can choose to balance your work and your life or you can choose to tilt the balance one way or the other at different stages of your life. Isn't it?
Lately, there’s a lot being said about “70 hours”! I joined Infosys as a 22-year old clueless lad. The Infosys & IT industry that I joined then, didn’t look anything similar to what it looks like today. Infosys was just about 250 people in a small office, sharing computers, using dial-up modems to upload programs! I bet many of you don’t even know what a dial-up modem is! Fast forward to today - India is the dominant global leader in IT. Why? The doyens of the IT industry, like Mr Murthy & others, pushed the boundaries of what was possible - relentlessly! They persisted against all odds - relentlessly! They innovated on multiple fronts - relentlessly! They showed grit day after day after day - relentlessly! They did not take “no” for an answer, but ethically found a way against all odds - relentlessly! They made disproportionate sacrifices & worked asymmetrically hard - relentlessly! And as they did this, they built an institution & created millions of opportunities to lift millions of people to have better lives! They contributed to India gaining global visibility & respect. And inspired an entire generation of entrepreneurs to BELIEVE! Something similar can be said about our ISRO scientists with their missions to Mars and Moon. About Tendulkar, Dhoni & Kohli. About Amitabh, Shahrukh, Rajnikanth & Rajamouli. And so many others across various fields. What’s common between them all? They are classic examples of pushing boundaries, innovating, persisting, being gritty & finding a way, no matter what, making sacrifices & working very hard - relentlessly! As a country, India today is poised for greatness. Like SRK’s “sattar minute” (70 minutes) speech from “Chak De”, nobody can take this opportunity away from India today. But then nothing can be taken for granted. A lot needs to be done. To achieve global leadership in various areas, India as a nation, will also need to push boundaries, innovate, find a way no matter what, make sacrifices & work very hard - relentlessly - and at a scale like never seen before in history! Today, many of us have a lot more choices & opportunities than ever before - because of what our prior generations did. Choices to have a fulfilling career, earn abundantly, and have time to do what we love. But everyone’s definition of “fulfilling career”, “earn abundantly” & “what we love” is very personal. As long as, what we are willing & able to “put in” is in sync with what we want to be able to “take out” - there is peace and harmony in life; else there is tremendous turbulence! Everyone has a choice to rise up to or settle down to their levels of ability, passion, hunger, desire & priorities. To each their own! And what we collectively choose to do, will determine what the nation will achieve over the coming decades & generations. If you enjoyed this or learned something, consider following me at Samson David for more in future. #leadership #culture #india
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