The credit rating of the company is A− (rating by Standard & Poor's). In issuing a 'buy' rating, Merrill Lynch noted that many of Infosys Technologies' customers had asked the firm to increase its 'team size' by 80 to 100 percent over the next year.In August 2000 Infosys Technologies opened an office in Hong Kong to take advantage of the e-commerce activity there, especially in business-to-business applications. To find out more about Infosys brand value, request the Infosys Brand Value Report. Narayana Murthy, Infosys Technologies has accomplished a number of firsts for an Indian company, including becoming the first to be listed on an American stock exchange and the first to offer an employee stock option plan (ESOP). Infosys Limited, is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. Its business services include Data Analytics, Digital and Oracle. Infosys is a global provider of consulting and IT services. Infosys is the second-largest Indian IT company after Tata Consultancy Services by 2017 revenue figures and the 596th largest public company in the world based on revenue.
Its main facility featured more than 1,000 networked workstations for use in creating software. ADRs) - Profile Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It became a public limited company in 1992, with an initial public offering (IPO) on three of nine Indian stock exchanges to follow in 1993. The promoters' holdings reduced further when Infosys became the first Indian-registered company to list Employees Stock Options Schemes and ADRs on Infosys had a total of 243,454 employees at the end of December 2019, out of which 37.8% were women.During the financial year 2019, Infosys received 2,333,420 applications from prospective employees, interviewed 180,225 candidates and had a gross addition of 94,324 employees, a 4% hiring rate. Europe accounted for eight percent in both years, and India, approximately three percent. Total employees increased to 2,622 from 1,701.The company expanded the decentralized development of software by commissioning the Infosys Towers facility at J.P. Nagar, Bangalore, during fiscal 1998. The company used the conference to disseminate its best practices across its client base and to enhance the power of its global delivery model. The Infosys brand valuation has featured in 32 brand rankings, including the strongest and most valuable IT Services brands, the biggest India brands and the best Global brands.
Its clients have included Amazon.com, Blue Martini, Cephren, Cisco Systems, Dell Online (Japan), EC Cubed, preis24.com, and SAPMarkets.With a growing client base, support from investors, and a reputation for quality, Infosys Technologies appeared likely to remain a leader in developing software systems and applications for the exploding global electronic commerce market.
Over the last four quarters, Infosys's revenue has grown by 2.1%.
Opening the office was part of Infosys Technologies' strategy to expand its e-commerce business from the United States and Europe into the Asia Pacific region. Narayana Murthy noted, 'Demand for e-commerce services, an area where the company has a proven track record, continues to drive our revenue growth. Infosys's revenue is the ranked 5th among it's top 10 competitors.
The Company's consulting services include enterprise applications, digital transformation, insights and analytics, and change and learning.