|
Founded in 1981, Infosys has seen a 10-fold increase in its business in less than a decade.
The consulting and IT services company crossed the US$100 million mark for the first time in 1999, and in March 2005, it boasted a revenue of nearly US$1.6 billion.
Infosys has grown rapidly over the years under the leadership of co-founder NR Narayana Murthy, who stepped down as CEO in 2002 after being at the helm for 20 years. He is still very much involved in the company as its chairman and chief mentor. Infosys' head is now Nandan Nilekani, who also co-founded the company.
The Bangalore-based firm is now eyeing opportunities in China. In August, Infosys announced plans to invest US$65 million over five years in software development centers in Hangzhou and Shanghai. The plans come at a time when Infosys' global customers are moving into the fast-developing China, the world's No. 2 offshore outsourcing location after India.
Besides IT services, Infosys' Finacle software has won over several banks in the Philippines and in India. The company has also been quick to boost its capabilities to provide software and services in new technologies such as RFID (radio frequency identification).
In September, Infosys was one of five companies—three of which were Indian--that clinched parts of a mega outsourcing deal worth US$2.2 billion from Dutch bank ABN AMRO.
This company is listed in
Software Infrastructure, Services.
Financials
| Fiscal year-end Mar |
FY05 |
FY04 |
FY03 |
FY02 |
FY01 |
Global full-year
revenue (US$millions) |
1,592.0 |
1,063.0 |
754.0 |
545.0 |
— |
Global full-year net
income (US$millions) |
419.0 |
270.0 |
195.0 |
164.5 |
— |
| Average year-on-year revenue growth over 4 years |
43.0 % |
| Average year-on-year net income growth over 4 years |
37.4 % |
| Percentage of revenue from Asia |
— |
| Percentage of Asian revenues from channel |
— |
Operations:
| Founded |
India/1981 |
| First Asian office |
— |
| Global employees |
36,750 |
| Employees in Asia |
— |
Asian countries:
Total 3 |
China, Hong Kong, India |
| Notes |
Data correct as at September 2005. Information was compiled by ZDNet Asia from sources such as official reports, corporate Web sites, and Hoover's. ZDNet Asia strived to get the latest information but does not guarantee the correctness or completeness of the data. The information provided on this site is for general informational purposes only and is not an offer to buy or sell any securities. |
Related News
 |
China could eclipse Indian IT: Infosys head - Thursday, January 01 1970
China could overtake India in the international IT industry, including the software sector, unless rapid infrastructure development occurs, warned the head of one of India's largest software firms. |
|
Indian giant Infosys backs RFID - Thursday, January 01 1970
IT services and consulting firm Infosys Technologies has affirmed its support for a new inventory tracking system which allows companies to better take stock of their supply chains. |
|
Infosys to expand in China - Thursday, January 01 1970
Indian software company will set up development centers in Shanghai and Hangzhou, pumping in US$65 million over five years. |
|
IBM, others share mega banking deal - Thursday, January 01 1970
ABN Amro Bank awards services contracts to IBM, Infosys, Tata Consultancy and others in deals totaling more than US$2.2 billion.
|
|
Indian outsourcer predicts new world order in IT - Thursday, January 01 1970
Infosys head predicts India's big boys will have the edge over established western players in IT services offshore outsourcing. |
ZDNet Asia Top Tech categories
Systems | Networking and communications | Storage management | Security | Software Infrastructure | Services | Business applications | Internet services
|
Get RSS feeds
