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infosys 24

Infosys, founded in 1981 by seven engineers in Pune, India, has evolved from a small consulting firm to a major player in business and technology services, pioneering the Global Delivery Model for offshore outsourcing. The company has significantly contributed to the growth of e-commerce, job creation in digital services, and enhanced transparency in governance through digitization. It underwent several name changes, becoming Infosys Limited in 2011, and continues to expand its offerings in various IT and consulting domains.

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2 views9 pages

infosys 24

Infosys, founded in 1981 by seven engineers in Pune, India, has evolved from a small consulting firm to a major player in business and technology services, pioneering the Global Delivery Model for offshore outsourcing. The company has significantly contributed to the growth of e-commerce, job creation in digital services, and enhanced transparency in governance through digitization. It underwent several name changes, becoming Infosys Limited in 2011, and continues to expand its offerings in various IT and consulting domains.

Uploaded by

ANIMESH PRO MAX SHORTS
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© © All Rights Reserved
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INFOSIS

Introduction

HISTORY
Infosys was founded by seven engineers in Pune, Maharashtra, India.
Its initial capital was $150.[9] It was registered as Infosys Consultants
Private Limited on 2 July 1981.[10] In 1983, it relocated to Bangalore,
Karnataka.
The company changed its name to Infosys Technologies Private Limited
in April 1992 and to Infosys Technologies Limited when it became a
public limited company in June 1992. It was renamed Infosys Limited in
June 2011
Infosys' offerings span business and technology consulting,
application services, systems integration, product engineering,
custom software development, maintenance, re–engineering,
independent testing and validation services, IT infrastructure
services and business process outsourcing. Infosys pioneered
the Global Delivery Model (GDM), which emerged as a
disruptive force in the industry leading to the rise of offshore
outsourcing. The GDM is based on the principle of taking work
to the location where the best talent is available, where it
makes the best economic sense, with the least amount of
acceptable risk

BOARD OF DIRECTORS
3. Boost to E-commerce
 Online Marketplaces: The rise of platforms like Amazon,
Flipkart, and others has opened up new markets for
businesses, especially small and medium enterprises
(SMEs). This has led to increased sales and revenue.
 Digital Payments: The ease of digital payments has
facilitated the growth of e-commerce, enabling even
rural and remote areas to participate in the digital
economy.
4. Job Creation
 Digital Services: The demand for IT and digital services
has surged, leading to the creation of jobs in sectors like
cybersecurity, software development, data analysis, and
digital marketing.
 Gig Economy: Platforms like Swiggy, Zomato, Uber, and
Ola have provided flexible job opportunities,
contributing to income generation for many.
5.Transparency and Reduction of Corruption
 E-Governance: The digitization of government services
has reduced bureaucratic red tape, making processes
more transparent and efficient. This has led to a
reduction in corruption and improved public trust.
 Tax Compliance: The introduction of the Goods and
Services Tax (GST) and digital tax filing has increased tax
compliance, leading to higher government revenue.
Cash flow statement

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