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Infosys
Infosys Limited is an Indian multinational corporation, multinational technology company that offers business consulting, information technology, and outsourcing services. Founded in 1981 in Pune, the company is headquartered in Bengaluru. On 24 August 2021, Infosys became the fourth Indian company to achieve a market capitalization of billion. It is considered one of the Big Tech (India), Big Six Indian IT companies. Infosys has also attracted controversies due to allegations of visa and tax fraud in the United States and for creating malfunctioning government websites. History Infosys was founded by seven engineers in Pune, with an initial capital of $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore. The company changed its name to Infosys Technologies Private Limited in April 1992 and became Infosys Technologies Limited when it became a public limited company in June 1992. In February 1993, Infosys launched ...
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Infosys Consulting
Infosys Consulting is a management consulting, IT consulting practice within the larger Infosys organization which works in strategy, IT transformation, change management and business analytics. Infosys Consulting operates globally and currently has offices in 18 countries across the Americas, Asia Pacific and Europe. The firm was officially launched in 2004 as a fully owned subsidiary of Infosys chaired by N. R. Narayana Murthy, one of the co-founders of Infosys. For quarter-end March, 2016 Infosys Consulting and Package Implementation were reported as 33.2% of the whole of Infosys' revenue, contributing to the reported earnings of 23 cents a share on revenue of $2.4 billion that December for Infosys. History At its initial launch in 2004, Infosys Consulting focused on recruitment in the United States to launch programs in a Global delivery model. In 2012, Infosys acquired Lodestone Management Consultants, based out of Zurich, Switzerland for $350m USD. Lodestone increased ...
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Infosys BPM
Infosys BPM Limited, the business process management subsidiary of Infosys, was founded in April 2002. Infosys BPM provides integrated outsourcing and transformation services. It is headquartered in Bengaluru, India. History The company was started as Progeon Limited in April 2002 and is among the leading outsourcing companies in India according to NASSCOM. It was started as a 74-26 joint venture between Infosys and Citibank Investments. In 2006, Infosys bought out Citibank's share at a price of ₹592 per share, Citibank having invested at ₹0.20 per share. It opened its first international office in Brno, Czech Republic in 2004 to support its European clients. In 2006, its employee strength reached 10,000 and its name was changed from Progeon Limited to Infosys BPO Limited. It was renamed to Infosys BPM Limited in 2018. In 2019, Infosys BPM formed a joint venture with Hitachi, Panasonic is a Japanese multinational electronics manufacturer, headquartered in Kadoma, ...
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Nandan Nilekani
Nandan Mohanrao Nilekani is an Indian entrepreneur. He co-founded Infosys and is the non-executive chairman of Infosys replacing R Seshasayee and Ravi Venkatesan, who were the co-chairs of the board, on 24 August 2017. After the exit of Vishal Sikka, Nilekani was appointed as non-executive chairman of the board effective 24 August 2017. He was the chairman of the Unique Identification Authority of India (UIDAI). After a successful career at Infosys, he headed the Government of India's technology committee, TAGUP. He is a member of Indian National Congress but not active in politics as of 2019. Early life Nandan Nilekani was born in Bangalore. His parents Durga and Mohan Rao Nilekani were Konkani people, Konkani originally from Sirsi, Karnataka, Sirsi in Karnataka. His father worked as a general manager of Mysore and Minerva Mills and subscribed to Fabian Socialist ideals that influenced Nilekani in his early years. Nilekani's elder brother, Vijay, works in the Nuclear Energy Ins ...
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Finacle
Finacle is a banking software developed by Infosys. Finacle was created in 1999 as a core banking software suite and has been a part of Infosys' subsidiary EdgeVerve Systems since 2015. History Infosys launched Finacle in 1999 as a software package providing banking process automation and digital banking services. In 2002, Infosys consolidated its other banking software products, including BankAway and PayAway, under Finacle. In 2006, Finacle reported that it generated about 69% of its total revenue from overseas locations, largely from banks and financial institutions in the EMEA region. In 2007, Finacle released its Bank-in-a-Box (BIAB) software framework. In 2008, Finacle added Islamic banking, wealth management, mobile banking, and rural banking capabilities. In 2010, Finacle reported around $300 million in annual revenue. In 2013, ''American Banker'' noted that the new version of Finacle allowed the purchase of individual modules. In 2014, Finacle global head Mangip ...
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Kris Gopalakrishnan
Senapathy “Kris” Gopalakrishnan is an Indian businessman and the chairman of Axilor Ventures, a startup accelerator. He is one of the co-founders of Infosys, having served as its CEO and managing director from 2007 to 2011 and vice chairman from 2011 to 2014. Recognized as a global business and technology thought leader, he was voted the top CEO (IT Services category) in Institutional Investor's inaugural ranking of Asia's Top Executives and selected as one of the winners of the second Asian Corporate Director Recognition Awards by Corporate Governance Asia in 2011. He was elected president of India's apex industry chamber Confederation of Indian Industry (CII) for 2013–14 and served as one of the co-chairs of the World Economic Forum in Davos in January 2014. In January 2011, the Government of India awarded Gopalakrishnan the Padma Bhushan, the country's third-highest civilian honour. Kris serves on the board of governors of Okinawa Institute of Science and Technolo ...
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Salil Parekh
Salil Parekh (born 5 June 1964) is the current chief executive officer and managing director of Infosys. Parekh took over from interim CEO U B Pravin Rao on 2 January 2018. Early life and education He is a graduate from the Indian Institute of Technology, Bombay (IIT Bombay) in Aeronautical Engineering. Master of Engineering degree in Computer Science and Mechanical Engineering from Cornell University. Parekh was member of the group management board at Capgemini, where he had worked since 2000, after Ernst & Young EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big F ...'s consultancy division, where he had been working before, was merged into the company. Most recently, he was member of the group executive board, and was appointed deputy CEO in March 2015. He was responsible for ...
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Panaya
Panaya is a global technology company based in Hod Hasharon, Israel. The company is a subsidiary of Infosys, and has offices in North America, Europe and Japan.https://www.duns100.co.il/en/Panaya Panaya, Duns 100International 2021, Dun&Bradstreet Israel, 2021 It is a SaaS (software as a service) based company offering change impact analysis and cloud-based testing for packaged applications, focusing on enterprise resource planning (ERP) and customer relationship management (CRM) software systems. History Panaya was founded in 2006 as ''ChangeSoft Technologies'' by entrepreneur Yossi Cohen. It was originally headquartered in Ra'anana, Israel. A first patent on Panaya's technology was published in 2009, followed by a continuation in 2012. In 2010, shares of Tamares Group, a private equity investment firm based in Vaduz, Liechtenstein, were acquired by Panaya as part of fundraising round. In 2012, CGI Group, a Canadian multinational information technology (IT) consulting comp ...
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Big Tech (India)
Big Tech in India, also known as the Indian IT Giants, are the largest companies in the Indian information technology industry. The definition primarily includes Tata Consultancy Services, Infosys, HCLTech, and Wipro, and also often encompasses Cognizant and Tech Mahindra. They are referred to in the media as "Big Six" or "Big Five", and with acronyms such as TWITCH and WITCH. The companies are among the dominant players in the global delivery model, providing IT consulting, outsourcing and offshore software development to ''Fortune'' Global 500 corporations and government entities. All six companies feature among the 20 largest employers in India. Five of them are part of the NIFTY 50 benchmark index of most valuable publicly-listed companies, while the sixth, Cognizant, is part of the Nasdaq-100. Background In the 2000s, Gartner coined the acronym SWITCH, to refer to the six largest Indian IT companies Satyam, Wipro, Infosys, TCS, Cognizant and HCL. This acronym and th ...
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Karnataka
Karnataka ( ) is a States and union territories of India, state in the southwestern region of India. It was Unification of Karnataka, formed as Mysore State on 1 November 1956, with the passage of the States Reorganisation Act, 1956, States Reorganisation Act, and renamed ''Karnataka'' in 1973. The state is bordered by the Lakshadweep Sea to the west, Goa to the northwest, Maharashtra to the north, Telangana to the northeast, Andhra Pradesh to the east, Tamil Nadu to the southeast, and Kerala to the southwest. With 61,130,704 inhabitants at the 2011 census, Karnataka is the List of states and union territories of India by population, eighth-largest state by population, comprising 31 List of districts in India, districts. With 15,257,000 residents, the state capital Bengaluru is the largest city of Karnataka. The economy of Karnataka is among the most productive in the country with a gross state domestic product (GSDP) of and a per capita GSDP of for the financial year 2023– ...
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Bangalore
Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Karnataka. As per the 2011 Census of India, 2011 census, the city had a population of 8.4 million, making it the List of cities in India by population, third most populous city in India and the most populous in South India. The Bengaluru metropolitan area had a population of around 8.5 million, making it the List of million-plus urban agglomerations in India, fifth most populous urban agglomeration in the country. It is located near the center of the Deccan Plateau, at a height of above sea level. The city is known as India's "Garden City", due to its parks and greenery. Archaeological artifacts indicate that the human settlement in the region happened as early as 4000 Common Era, BCE. The first mention of the name "Bengalooru" is from an ol ...
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