2. Agenda
• Introduction
• Milestones
• Global Initiatives
• Infosys Business
Profile
• Problem in
Infosys
• Resulting actions
• Future forecast
3. 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
4. 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/CNN's 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
5. 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
6. 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.
7. Problem in Infosys
Reorganization and shuffling of
top management.
Not concentrating on inorganic
growth.
Overstress of largest segment of
Infosys i.e. BFSI.
Poor HR Policies increased Bench
Strength.
Loosing in Consulting field.
8. Resulting Actions
• Infosys terminated
nonperforming
employees.
• Promotions and
Salary hike was
suspended.
• Suspension of
recruitment
process.
• Did not forecasted
future growth.
• Implemented
iRace Policy.
9. Future Forecast
Stabilization of top New Implemented Improvement in
management will Infosys 3.0 system will economies will
help. boost growth. increase the sale.