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Timeline of Infosys

120 bytes added, 08:41, 17 October 2019
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This is a '''timeline of FIXME{{w|Infosys}}'''.
==Big picture==
| 1992 || || International expansion || Infosys opens its first international office in {{w|Boston}}.<ref name="Leadership infosys"/>
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| 1992 || || Administration || Infosys establishes its Quality department.<ref name="Leadership infosys"/>
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| 1992 || December || || The first 64kbps international private line for any company in India is established between Infosys' office in {{w|Boston}} and its headquarters in {{w|Bangalore}}.<ref name="Leadership infosys"/>
| 1993 || || || "Introduces Employee Stock Options (ESOP) programme, and also takes the plunge with an Initial Public Offering (IPO)."<ref name="The Infosys timeline"/> "Lists on Indian exchanges and is among first in India to introduce employee stock-option plan, a move to attract and retain talent."<ref name="TIMELINE-Key events for Infosys since inception"/>
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| 1993 || November || || Infosys obtains the ISO 9001/{{w|TickIT }} certification. Within a week of the certification, work begins towards attaining Level 4 of the {{w|Capability Maturity Model}} (CMM) instituted by the {{w|Software Engineering Institute}}.<ref name="Leadership infosys"/>
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| 1994 || || || "Corporate Infosys corporate headquarters shifted shift to new campus in {{w|Electronics City}}, {{w|Bangalore}}."<ref name="The Infosys timeline"/>
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| 1994 || || || Infosys moves corporate headquarters to Electronics City, Bangalore, and opens a Development Center at Fremont.<ref name="History of Infosys"/>
| 1995 || || || "Infosys sets up e-Business practice."<ref name="History of Infosys"/>
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| 1996 || || Administration || " Infosys Foundation, the is established as Infosys' Corporate Social Responsibility (CSR) wing, is established."<ref name="The Infosys timeline"/> "The Infosys Foundation is established"<ref name="History of Infosys"/>
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| 1997 || || International expansion || "Infosys opens an office in {{w|Toronto}}".<ref name="History of Infosys"/>
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| 1998 || || || "Starts Infosys starts Enterprise Solutions (packaged applications) practice."<ref name="The Infosys timeline"/> "Infosys starts enterprise solutions (packaged applications) practice."<ref name="History of Infosys"/>
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| 1999 || March || Financial || Infosys becomes the first India-registered company to be listed on {{w|NASDAQ}}.<ref name="History of Infosys"/>
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| 1999 || || Recognition || Infosys becomes the 21st company worldwide to achieve a [[w:Capability Maturity Model|CMM]] Level 5 certification.<ref name="History of Infosys"/>
| 1999 || || || "Infosys Business Consulting Services is launched."<ref name="History of Infosys"/>
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| 1999 || || Financial || "Touches revenue of $100 million, and subsequently goes public in the U.S with a listing on NASDAQ. Infosys Business Consulting Services is launched."<ref name="The Infosys timeline"/> " Becomes first Indian company to list on Nasdaq , raising the profile of the Indian outsourcing industry in the United States."<ref name="TIMELINE-Key events for Infosys since inception"/>
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| 1999 || || || "Infosys makes its debut at n°6 on the BusinessWorld-Indica poll of India's most respected companies." The company is also voted India's most admired company in a survey conducted in the year.<ref name="History of Infosys"/>
| 2000 || || International expansion || Infosys opens offices in France and Hong Kong, a global development center in Canada and the United Kingdom, and three development centers in the United States.<ref name="History of Infosys"/>
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| 2000 || || Financial || "Revenue Infosys' revenue doubles in the span of a year, touching reaching US$200 million."<ref name="The Infosys timeline"/>
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| 2000 || || || "Infosys relaunches Banks 2000, the universal banking solution from Infosys, as Finacle."<ref name="History of Infosys"/> "Infosys launches Finacle, an integrated core banking solution that leverages internet technologies to drive the operations of a bank."<ref name="History of Infosys"/>
| 2003 || || || Infosys establishes subsidiaries in {{w|China}} and {{w|Australia}}.<ref name="History of Infosys">{{cite web |title=History of Infosys |url=https://www.slideshare.net/BhimaThanagani/history-of-infosys |website=slideshare.net |accessdate=13 September 2019}}</ref>
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| 2003 || || Facility || Infosys opens a Development Center in {{w|Thiruvananthapuram}}.<ref name="History of Infosys"/>
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| 2003 || December || Acquisition || Infosys acquires Expert Information Services, an IT service provider based in Australia, for US$23 million.<ref>{{cite web | title=Infosys to buy Australian firm Expert for $22.9 m |work=The Hindu |url=http://www.thehindubusinessline.com/2003/12/19/stories/2003121902640100.htm |date=19 Dec 2003 |accessdate=15 September 2019}}</ref><ref>{{cite web |title=Infosys Media Release – Infosys announces agreement to acquire Expert |url=https://www.infosys.com/australia/news/Documents/infosys-acquires-expert.pdf |publisher=Infosys |date=18 Dec 2003|accessdate=15 September 2019}}</ref>
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| 2004 || || Recognition || Infosys is among sevem international companies, and the only Indian organization, chosen to be in the first annual list of "Top Brands with a Conscience".
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| 2004 || || || The Learning&Development Group is combined with the Infosys Leadership Institute, which offers managerial and leadership training.<ref name="History of Infosys"/>
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| 2004 || April || Subsidiary || Infosys Consulting Inc. is formed.<ref name="History of Infosys"/>
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| 2004 || July || Education || Infosys launches Campus Connect, as an industry-academia partnership, with the purpose to empower engineering colleges to produce "industry-ready" recruits.<ref name="History of Infosys"/>
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| 2004 || || Partnership || "Microsoft and Infosys announce a US$8 million IT transformation initiative, designed to help clients improve business performance and build competitive advantage"<ref name="History of Infosys"/>
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| 2004 || || Financial || "Annual Infosys' annual revenue touches reaches US$1 billion for the first time. Infosys Consulting Inc. is launched."<ref name="The Infosys timeline"/>
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| 2005 || || || " Launches offer of American Depositary Receipts (ADRs) against existing local shares in $1 billion deal, at the time the biggest conversion of Indian shares into ADRs."<ref name="TIMELINE-Key events for Infosys since inception"/>
| 2006 || March || || {{w|Fortune}} magazine visits Infisys GEC and reports that gaining admission to the "Taj Mahal of training centers" is harder than getting into {{w|Harvard}}, with only 1% of applicants being selected at Infosys from over 1.3 million, as opposed to 9% of Harvard.<ref name="History of Infosys"/>
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| 2006 || || Leadership || "Murthy steps down as chairman after 25 years at the helm of the firm after reaching the company’s retirement age of 60, continues as non-executive chairman and mentor."<ref name="TIMELINE-Key events for Infosys since inception"/>
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| 2006 || July || Recognition || Infosys is included in the {{w|NASDAQ}} Global Select Market, a new market tier with the highest listing standards in the world.<ref name="History of Infosys"/>
| 2012 || || || "Says under scrutiny from U.S. Department of Homeland Security for likely errors in employer eligibility documents of its staff working in the United States."<ref name="TIMELINE-Key events for Infosys since inception"/>
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| 2014 || || Leadership || " Vishal Sikka replaces Mr. Shibulal as the first non co-founder CEO. The board of directors hike the dividend pay-out ratio to up to 40% of post-tax profits. Four of the company's co-founders sell shares worth $1.1 billion, cashing in on gains accrued after the stock value surged 20% since Mr. Sikka’s appointment. In December 2014, the company gifts Apple iPhone 6s smartphones to top 3,000 employees in a bid to curb the high rates of attrition in the software industry."<ref name="The Infosys timeline"/>
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| 2014 || July || || "In July 2014, Infosys started a product subsidiary called {{w|EdgeVerve Systems}}, focusing on enterprise software products for business operations, customer service, procurement and commerce network domains."<ref>{{cite news|title=Edgeverve is born|url=http://wap.business-standard.com/article/companies/infy-s-edgeverve-moves-out-of-parent-s-shadow-114111700414_1.html|accessdate=11 December 2015|newspaper=Business Standard|date=November 17, 2014}}</ref>
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| 2015 || || Acquisition || " Infosys acquires Panaya Inc., Skava and Noah Consulting LLC. The company pledges $250 million to its 'Innovate in India' fund to foster fledgling start-ups. In February 2015, the Infosys board more than doubles Mr. Sikka's compensation to $11 million. Rajeev Bansal, CFO, resigns to join cab-aggregator, Ola. His severance pay is set at ₹23.02 crore."<ref name="The Infosys timeline"/>
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| 2015 || March || Acquisition || Infosys acquires Israeli automation technology provider Panaya, for US$200 million.<ref>{{cite web | title=Infosys buys automation technology startup Panaya, deal valued at Rs 1200 crore |work=The Economic Times |url=http://economictimes.indiatimes.com/tech/ites/infosys-buys-automation-technology-startup-panaya-deal-valued-at-rs-1200-crore/articleshow/46258808.cms |date=17 Feb 2015 |accessdate=7 October 2017}}</ref><ref>{{cite web | title=Infosys' $200&nbsp;million Israeli software company Panaya is in the eye of the storm |work=The Economic Times |url=http://economictimes.indiatimes.com/tech/ites/infys-200-m-israeli-software-panaya-the-eye-of-the-storm/articleshow/57116308.cms |accessdate=15 September 2019}}</ref>
| 2019 || January || Acquisition || Infosys acquires U.S. advertising and creative strategy services provider WongDoody, for US$75 million.<ref>{{Cite web|url=http://www.wongdoody.com/work/wongdoody-joins-infosys/|title=Wongdoody Joins Infosys|website=www.wongdoody.com|access-date=15 September 2019}}</ref>
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| 2019 || March 29 || Financial || "On March 29, 2019, its Infosys' {{w|market capitalization}} was stands at US$46.52&nbsp;billion."<ref>{{Cite web|url=https://ycharts.com/companies/INFY/market_cap|title=Infosys Market Cap (INFY) – YCharts|date=2019-06-20|website=Ycharts.com|access-date=15 September 17 October 2019}}</ref>
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| 2019 || March || Personnel || As of date, Infosys has a total of 228,123 employees, out of which 37% are women.<ref name="InvestorSheet">{{Cite web|url=https://www.infosys.com/investors/reports-filings/Documents/investor-sheet.xls|title=Investor Sheet |publisher=infosys.com |access-date=15 September 2019}}</ref> Out of its total workforce, 79% are software professionals, 16% are working in its BPM arm and remaining 5% work for support and sales.<ref name="InvestorSheet"/>
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| 2019 || April || Acquisition || Infosys acquires Netherlands-based mortage services provider Stater N.V., for EUR 127.5 million.
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