History

2024

• Infosys awarded the Global Top Employer 2024 certification in 20 countries, across Asia Pacific, Europe, the Middle East, and North America.
• Infosys recognized as one of the World’s Most Ethical Companies in 2024, for the Fourth Consecutive Year by Ethisphere.
• Infosys recognized as a Top 100 most valuable brand in the world by Kantar BrandZ and ranked among the most-trusted brands in India and the US.
• Infosys ranked in the Top 3 IT services brands in the world for the third year in a row by Brand Finance; Fastest CAGR in brand value, in IT services industry, over 5 years, in its Global 500 2024 report.

2023

• Infosys recognized as one of the World’s Most Ethical Companies (2023) for the Third Consecutive Year by Ethisphere.
• Infosys awarded the Global Top Employer 2023 certification in 22 countries, across Asia Pacific, Europe, the Middle East, and North America.
• Infosys ranked in the top 3 IT Services brands in the world by Brand Finance, the world’s leading brand valuation firm, in its Global 500 2023 report.

2022

• Recognized as the fastest-growing IT services brand by Brand Finance, the world’s leading brand valuation firm, in its Global 500, 2022 report
• Recognized as one of the 2022 World’s Most Ethical Companies by Ethisphere
• Infosys Acquires Life Sciences Consulting and Technology Leader, BASE life science and acquired Digital Experience and Marketing Agency, oddity to further strengthen Infosys digital experience capabilities in Germany, across Europe, and Northeast Asia

2021

• Crossed a milestone of ₹100,000 crore in revenue in FY 21
• Infosys announces Canadian expansion to Calgary, doubling Canadian workforce to 4,000 by 2023
• Infosys recognized as one of World's Most Ethical Companies by Ethisphere Institute
• Infosys recognized as a Global Top Employer 2021 by the Top Employers Institute
• Infosys recognized as the Fastest Growing Top 10 IT Services Brand by Brand Finance
• Infosys launched Infosys Cortex, its AI-first, Cloud-first customer engagement platform

2020

• Announced ESG Vision 2030- with robust and measurable targets across the pillars of Environment, Social and Governance
• Attained carbon neutrality as a company, 30 years ahead of the Paris accord.
• Infosys acquires Simplus, one of the fastest growing Salesforce Platinum Partners in the USA and Australia
• Vanguard and Infosys announce strategic partnership to deliver a technology-driven approach to plan administration and fundamentally reshape the corporate retirement plan experience for its sponsors and participants
• Infosys launches Reskill and Restart, an innovative solution to reskill the American workforce and fulfill employment needs following COVID-19
• Infosys USA certified as Great Place to Work®. The certification recognizes best in class workplaces and company cultures based upon employee responses to the Great Place to Work® Trust Index™ Survey.
• Infosys increases U.S. hiring commitment to 25,000 by 2022
• Infosys completes acquisition of GuideVision, a leading ServiceNow Elite Partner in Europe
• Infosys completes acquisition of product design and development firm, Kaleidoscope Innovation

2019

• Infosys ranked Number 3 on 2019 Forbes ‘World’s Best Regarded Companies’ list
• Infosys recognized as a 2020 ‘Top Employer’ in Australia, Singapore and Japan
• Infosys launches the Infosys Live Enterprise Suite

2018

• Infosys completed 25 years of listing on Indian Stock exchanges
• Infosys signed the “Advance Pricing Agreement” with the US IRS to enhance predictability of the Company’s tax obligations in respect of its US operations
• Infosys Board appointed Nilanjan Roy as CFO of the company effective March 1, 2019
• Infosys acquires Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services

2017

• Infosys completed its equity share buy back program of ₹ 13,000 crore, amounting to 4.92% of total outstanding equity shares
• Infosys Board appointed Salil Parekh as CEO and MD of the company effective January 2, 2018
• Infosys Board appointed Nandan Nilekani as Non- Executive Chairman of the Board
• Pravin Rao appointed as Interim Chief Executive Officer and Managing Director
• Board revised the capital allocation policy and decided to payout up to 70% of the free cash flow (net cash provided by operating activities less capital expenditure as per the consolidated statement of cash flows prepared under IFRS) as dividend.

2016

• Touches revenues of US$10 billion on an LTM basis
• Infosys launches Infosys Mana (now part of Infosys Nia), a platform that brings machine learning together with the deep knowledge of an organization, to drive automation and innovation
• Infosys Foundation USA partners with the National Science Foundation and DonorsChoose.org to pioneer a new model of public-private-community collaboration for computer science education
• Infosys Launches Skava Commerce, a new standard for modern, mobile-first and modular e-commerce platforms
• Infosys invests in Waterline Data, provider of data discovery and data governance software; Stellaris Venture Partners, an early-stage venture fund; UNSILO, an A.I. start-up focused on advanced text analysis; TidalScale, a provider of Software-Defined Servers

2015

• Infosys acquired Noah Consulting LLC, a leading provider of advanced information management consulting services for the oil and gas industry.
• Board decides to increase the dividend pay-out ratio to up to 50% of post-tax profits
• Infosys acquired Skava, a leading provider of Digital Experience solutions for the Retail industry
• Infosys acquired Panaya, Inc., a leading provider of automation technology for large scale enterprise software management
• Infosys announces US$250 million ‘Innovate in India Fund’ to support Indian start-ups

2014

• Dr. Vishal Sikka takes over as the CEO and MD from S.D. Shibulal
• Revenue crosses INR 50,000 crore
• Board decides to increase the dividend pay-out ratio to up to 40% of post-tax profits
• Cash and cash equivalents (including available-for-sale financial assets and certificates of deposit) cross US$5 billion

2013

• Infosys Board appoints N. R. Narayana Murthy as Executive Chairman of the Board
• Infosys begins trading on NYSE Euronext London and Paris markets
• Infosys Edge™ wins the NASSCOM Business Innovation Award for 2013
• Infosys presented with ‘2013 Environmental Tracking Carbon Ranking Leader’ award

2012

• Listed on the NYSE market
• Infosys acquires Lodestone Holding AG, a leading management consultancy based in Switzerland
• Forbes ranks Infosys among the world's most innovative companies
• Infosys among top 25 performers in Caring for Climate Initiative

2011

• N. R. Narayana Murthy hands over chairmanship to K.V. Kamath
• S.D. Shibulal, COO, takes over as the CEO and MD from Kris Gopalakrishnan
• Infosys crosses US$6 billion revenue mark, employee strength grows to over 125,000

2010

• Infosys crosses the US$5 billion revenue mark

2009

• Infosys selected as a member of The Global Dow
• Employee strength grows to over 100,000

2008

• Infosys crosses revenues of US$4 billion
• Annual net profits cross US$1 billion

2007

• Kris Gopalakrishnan, COO, takes over as CEO. Nandan M. Nilekani is appointed Co-Chairman of the Board of Directors
• Quarterly revenues cross US$1 billion

2006

• Infosys celebrates 25 years. Employees grow to 50,000+
• Annual revenues double to US$2 billion. It took 23 years to reach first billion, only 23 months to reach next billion in revenues
• N. R. Narayana Murthy retires from the services of the company on turning 60. The Board of Directors appoints him as an Additional Director. He continues as Chairman and Chief Mentor of Infosys

2005

• Records the largest international equity offering of US$1 billion from India
• Selected to the Global MAKE Hall of Fame

2004

• Annual revenues reach US$1 billion
• Infosys Consulting Inc. is launched

2003

• Establishes subsidiaries in China and Australia
• Expands operations in Pune and China, and sets up a development center in Thiruvananthapuram
• Sponsors secondary ADS offering

2002

• Touches revenues of US$500 million
• Nandan M. Nilekani takes over as CEO from N.R. Narayana Murthy, who is appointed Chairman and Chief Mentor
• Opens offices in the Netherlands, Singapore and Switzerland
• Infosys and the Wharton School of the University of Pennsylvania set up The Wharton Infosys Business Transformation Awards (WIBTA)
• Launches Progeon, offering business process outsourcing services

2001

• Touches revenues of US$400 million. Opens offices in UAE and Argentina, and a development center in Japan
• N. R. Narayana Murthy is rated among Time Magazine/CNN's 25 most influential businessmen in the world
• Infosys is rated as the Best Employer by Business World/Hewitt

2000

• Touches revenues of US$200 million
• Opens offices in France and Hong Kong, a global development center in Canada and UK, and three development centers in the US
• Relaunches Banks 2000, the universal banking solution from Infosys, as Finacle™

1999

• Touches revenues of US$100 million. Listed on NASDAQ
• Infosys becomes the 21st company in the world to achieve a CMM Level 5 certification
• Opens offices in Germany, Sweden, Belgium, Australia, and two development centers in the US
• Infosys Business Consulting Services is launched

1998

• Starts Enterprise Solutions (packaged applications) practice

1997

• Opens an office in Toronto, Canada
• Infosys is assessed at CMM Level 4

1996

• The Infosys Foundation is established

1995

• Opens first European office in the UK and global development centers at Toronto and Mangalore. Sets up e-Business practice

1994

• Moves corporate headquarters to Electronic City, Bangalore. Opens a development center at Fremont

1993

• Introduces Employee Stock Options (ESOP) program
• Acquires ISO 9001/TickIT certification
• Goes public

1987

• Opens first international office in Boston, US

1983

• Relocates corporate headquarters to Bangalore

1981

• Infosys is established by N. R. Narayana Murthy and six engineers in Pune, India, with an initial capital of US$250
• Signs up its first client, Data Basics Corporation, in New York