Narayan Murthy, Infosys owner, is one of the most influential business figures in India. Recently, his views on work ethic—particularly his suggestion of a 70-hour workweek—have sparked widespread discussion on social media. While many praise his commitment and see it as a rallying call for greater discipline, others express concerns about the potential impact on work-life balance and employee well-being.
However, Mr Murthy, is best known for building a company that became a driving force in India’s IT revolution. Starting with just ten thousand rupees, Infosys Ltd has grown into a global leader. As of Dec 24th, 2024, the company leads the top 10 constituents of the Nifty IT index, with Infosys market cap reaching ₹7,92,874.36.
Today, the wide range of Infosys products, the high Infosys share price and Infosys revenue reflect its ongoing success.
In this blog, we will dive into the Infosys history, exploring how it went from a small startup to the tech giant it is today.
Infosys History: A 43+ Year Story
We live in a world where businesses can make decisions in seconds, products reach the market at lightning speed, and organisations thrive while prioritising people and the planet.
Well, that’s the reality Infosys has been shaping for decades.
Infosys Limited- A Global Vision, Rooted in Innovation
NR Narayana Murthy borrowed $250 (₹10,000 at the time) from his wife – Sudha Murty to start Infosys. It is said that the front room of his home was turned into an Infosys office in Pune.
Today, it operates in 56 countries, guiding clients with innovative solutions and unmatched expertise. With an astonishing US$18.8 billion in revenue, it’s clear that Infosys doesn’t just follow trends—it sets them.
It all began in a small office in Pune, India, back in 1981. Infosys was founded by N. R. Narayana Murthy and six engineers.
Their first client?
A company named Data Basics Corporation in New York.
By 1983, the company relocated its corporate headquarters to Bangalore. Just a few years later, in 1987, Infosys opened its very first international office in Boston, USA. Things were moving fast, but this was just the beginning of an incredible journey.
In 1993, Infosys took a major step forward with its IPO, going public for the first time. It wasn’t just about raising capital—it was a signal that they were ready to make a mark on the global stage.
By 1996, the company also launched the Infosys Foundation.
In 1997 saw, Infosys expand internationally with an office in Toronto, Canada, and the company’s IT services began to gain recognition. The next year, 1998, Infosys started its Enterprise Solutions practice, showing its versatility beyond just software development.
Then came 1999, a milestone year.
Infosys revenue touched $100 million. It was listed on NASDAQ and became the 21st company in the world to achieve a CMM Level 5 certification. The company was evolving, and so was its global presence, with offices opening in places like Germany, Sweden, Belgium, and Australia.
In 2000, Infosys touched $200 million in revenue and relaunched its banking solution, Finacle™, which would go on to become a cornerstone of its offerings. They opened several offices around the world, including in France, Hong Kong, and Canada.
By 2002, Infosys revenue had crossed $500 million. They expanded further with offices in the Netherlands, Singapore, and Switzerland. The Infosys history is not simple.
The company also launched Progeon, a business process outsourcing service. It was clear—Infosys was scaling up rapidly.
The journey continued through the years with major milestones like reaching $1 billion in revenue in 2005, celebrating 25 years in 2006, and reaching $10 billion in revenue in 2016.
With every step, Infosys not only grew in size but also in influence.
In 2014, Dr Vishal Sikka became the CEO, and the company crossed INR 50,000 crore in revenue. By 2016, Infosys launched platforms like Infosys Mana and Skava Commerce, which would set the stage for innovations in AI and cloud computing.
By 2021, Infosys crossed a new milestone, touching 100,000 crore in revenue, and its global presence was more significant than ever. Expanding to places like Canada, they were a global player shaping industries.
Today, in 2024, Infosys is not only recognised for its innovation but also for its ethical practices. For the fourth consecutive year, it’s been named one of the World’s Most Ethical Companies. With a growing footprint in countries across the world, including Asia Pacific, Europe, and the US, Infosys continues to lead, not just in technology but in the way companies can and should operate.
From its decent beginnings in 1981, Infosys has not just scaled up—they’ve set the benchmark for innovation, sustainability, and ethical business practices.
And this is just the beginning of their journey.
Infosys Ltd: Shaping the Future of Digital Transformation
Infosys Ltd is one of the top 10 companies in the Nifty IT Index as of 2024. It helps businesses shape their digital transformation journeys with innovation and a focus on people. Infosys net worth is $92.66 billion as of December 26, 2024.
1. Design-Led Transformation
Infosys helps brands deliver cohesive digital experiences that build customer loyalty and enhance satisfaction. By focusing on design, the company ensures that businesses transform the way customers interact with their brands.
2. Data-Driven Insights:
Their advanced analytics capabilities allow organisations to scale their data initiatives and monetise insights more effectively.
3. Innovative Engineering:
Leveraging cutting-edge technology, Infosys creates solutions that connect the physical and digital worlds.
4. Agile Modernization:
With a commitment to seamless IT modernisation, Infosys ensures that businesses can upgrade their technology without disrupting day-to-day operations.
5. Cyber Resilience:
In a digital age where cybersecurity is crucial, Infosys products ensure that enterprises can minimise risks, safeguard their data, and maintain secure operations, no matter the challenges.
About Infosys Owner
N.R. Narayana Murthy, the founder of Infosys, is celebrated as a visionary leader who transformed India’s IT industry. He introduced the Global Delivery Model, a groundbreaking approach to software development that set the benchmark for the industry. Under his leadership, Infosys became a global leader in innovation and technology.
Murthy’s contributions have earned him numerous accolades, including the Padma Vibhushan and global recognition as one of the greatest entrepreneurs of our time. Beyond Infosys, he remains a guiding force in education, philanthropy, and technology, inspiring countless professionals worldwide.
Infosys Ltd: Driving Digital Transformation with Impressive Results
Infosys Ltd has delivered an amazing performance in Q2 FY25:
- Infosys revenue: $4,894 million in Q2, with quarter-on-quarter growth of 3.1% and year-on-year growth of 3.3% (in constant currency).
- Infosys share price: ₹1919 (As of Dec 27th, 2024)
- Their operating margin stood strong at 21.1%, showcasing their ability to balance expenses and profits effectively.
The heroes of the story?
- Large deals worth $2.4 billion, with 41% of them being brand new partnerships.
Infosys partnered with several global giants:
- Metro Bank to revamp IT and save millions.
- Proximus to innovate customer experiences.
- TDC Net to shift from traditional infrastructure to tech-focused services.
Infosys Services
| Infosys Aster, Digital Marketing, Digital Commerce, Digital Interactions, Digital Workplace Services, Digital Experience, Infosys Metaverse Foundry, Insight, Infosys Topaz, Data Analytics and AI, Applied AI, Infosys Generative AI, Infosys Sustainability Services, Blockchain, Engineering Services, Internet of Things (IoT), Enterprise Agile DevOps, API Economy & Microservices, Application Modernization, Cloud – Infosys Cobalt, Digital Process Automation, Digital Supply Chain, Microsoft Business Application Services, Microsoft Cloud Business, Oracle, SAP, Salesforce, Service Experience Transformation, Energy Transition, Network Transformation Services, Cyber Security, and Quality Engineering |
Infosys Industries
| Aerospace & Defense, Agriculture, Automotive, Chemical Manufacturing, Communication Services, Consumer Packaged Goods, Education, Engineering Procurement & Construction, Financial Services, Healthcare, High Technology, Industrial Manufacturing, Information Services & Publishing, Insurance, Life Sciences, Logistics & Distribution, Media and Entertainment, Mining, Oil and Gas, Private Equity, Professional Services, Public Sector, Retail, Semiconductor, Travel and Hospitality, Utilities, and Waste Management. |
Infosys: Building a Sustainable Future Through ESG
When you think of a company like Infosys Limited, your mind might immediately go to its products, services, or impressive revenue. However, there’s another significant aspect to consider: its contribution to society.
For over four decades, Infosys has not only been driving technological innovation but also ensuring that its growth aligns with the well-being of the planet, people, and society at large.
- Environmental: Caring for the Planet
Infosys believes technology can play a vital role in protecting the environment. Infosys leads by example from adopting energy-efficient processes to using renewable energy sources.
- Social: Creating Meaningful Opportunities
At its core, Infosys aims to amplify human potential. Through initiatives like the Infosys Foundation and Infosys Foundation USA, the company is transforming lives by enabling access to education, healthcare, and technology.
- Governance: Leading with Values
Integrity and transparency are at the heart of Infosys’s governance model. The company is deeply committed to balancing the interests of all stakeholders—clients, employees, investors, and local communities.
- A Vision for 2030
Through its ESG priorities, Infosys is taking deliberate steps toward its ESG Vision 2030—a world where businesses thrive in harmony with the planet and society.
This is how Infosys is not just building a better company but contributing to a better world.
FAQs: Infosys Ltd
Infosys is known for its IT consulting and outsourcing services. It was the first to create the Global Delivery Model, which helps companies deliver services efficiently across the world.
Infosys was co-founded by N. R. Narayana Murthy and six others in 1981.
Yes, Infosys is an IT company that provides consulting, technology services, and outsourcing solutions to businesses around the world.
Infosys was started in 1981 with just 10000 rupees. Through hard work, innovation, and ethical practices, it grew to become one of the world’s leading IT companies.
The word Infosys is derived from combining two words: Information System.
Infosys is famous for its ethical business practices, continuous innovation, and its important role in growing India’s IT industry. As of Dec 24th, 024, it stands as the second company among the top 10 constituents of the Nifty IT index by market cap.
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