BPSM Sec C- 2009- Case Analysis: INFOSYS TECHNOLOGIES LIMITED
Course Instructor: Professor M Joshi, Ph.D
INFOSYS is a multinational information technology Services Company headquartered in
It is one of India's largest IT companies with 103,905 professionals as of Jun 30, 2009.
It has offices in 22 countries and development centers in India, China, Australia, UK, Canada
Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy.
N. S. Raghavan officially being the first employee of the company. Murthy started the
company by borrowing INR 10,000 from his wife Sudha Murthy. The company was
incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Model Colony,
north-central Pune as the registered office.
In 1982, Infosys opened an office in Bangalore which soon became its headquarters.
Infosys went public in 1993. Interestingly, Infosys IPO was undersubscribed but it was
"bailed out" by US investment banker Morgan Stanley which picked up 13% of equity at the
offer price of Rs. 95 per share. The share price surged to Rs. 8,100 by 1999 making it the
costliest share on the market at the time.
According to Forbes magazine, since listing on the Bombay Stock Exchange till the year
2000, Infosys' sales and earnings compounded at more than 70% a year.
In 2001, it was rated Best Employer in India by Business Today. Infosys won the Global
MAKE (Most Admired Knowledge Enterprises) award, for the years 2003, 2004 and 2005,
being the only Indian company to win this award and is inducted into the Global Hall of
Fame for the same.
In April 2009, Forbes rated Infosys among the 5 best performing companies in the software
and services sector in the world.
Infosys use agile process to develop the software; it is the risk free process in which the processes
are built on the foundation of iterative development. To that foundation they add a lighter,...