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Infosys

Companies/India  •  Curated by Admin Timeline.sg

Infosys, founded in 1981, is a global leader in IT services and consulting, known for pioneering the Global Delivery Model and driving digital transformation. This timeline traces its journey from a small startup to a Forbes Global 2000 company, highlighting key leadership, breakthroughs, and milestones.

Chronological Storyline (37 Milestones)

Jul 2, 1981 CE

Infosys Founded

Infosys is founded in Pune, India, by N. R. Narayana Murthy, Nandan Nilekani, S. D. Shibulal, Kris Gopalakrishnan, K. Dinesh, and N. S. Raghavan with a capital of $250. #startup #india

Infosys Founded
Infosys Founded
By Ashwin Kumar from Bangalore, India - Infosys, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=52244388
1983 CE

First International Client

Infosys secures its first international client, Data Basics Corporation, in New York, marking its entry into the global market. #business #it

1987 CE

First Onsite Office in US

Infosys opens its first onsite office in the United States, strengthening its presence in the American market. #expansion #global

1992 CE

First European Office

Infosys establishes its first European office in the United Kingdom, expanding its footprint in Europe. #europe #growth

Feb 1, 1993 CE

Initial Public Offering (IPO)

Infosys goes public on the Bombay Stock Exchange (BSE), raising funds for expansion and increasing its visibility. #finance #ipo

1994 CE

First Software Development Center

Infosys opens its first software development center in Bangalore, now known as the Global Education Center. #innovation #tech

1996 CE

ISO 9001 Certification

Infosys becomes one of the first Indian IT companies to receive ISO 9001 certification for quality processes. #quality #standards

1998 CE

SEI CMM Level 5

Infosys achieves SEI CMM Level 5, the highest maturity level for software processes, setting a benchmark in the industry. #excellence #process

1999 CE

NASDAQ Listing

Infosys becomes the first Indian company to be listed on NASDAQ, enhancing its global profile and access to capital. #finance #global

2000 CE

Y2K Project Execution

Infosys successfully executes Y2K remediation projects for global clients, establishing its credibility in large-scale software maintenance. #tech #history

2000 CE

Co-Founder N.R. Narayana Murthy Steps Down as CEO

N. R. Narayana Murthy hands over CEO role to Nandan Nilekani, while remaining chairman. #leadership #transition

2002 CE

Global Delivery Model (GDM) Pioneering

Infosys formalizes its Global Delivery Model, which becomes a industry standard for offshore IT services. #innovation #model

2003 CE

$100 Million Revenue Milestone

Infosys achieves $100 million in annual revenue, marking a significant growth milestone. #revenue #growth

2004 CE

First Acquisition: Expert IT Services

Infosys makes its first acquisition, buying Expert IT Services, an Australian IT firm, to expand into the Asia-Pacific region. #acquisition #expansion

2005 CE

Infosys Consulting Launched

Infosys launches its consulting arm, Infosys Consulting, to offer end-to-end business solutions. #consulting #strategy

2006 CE

Nandan Nilekani Appointed Chairman

Nandan Nilekani becomes chairman of Infosys, succeeding N. R. Narayana Murthy. #leadership #governance

2007 CE

Infosys BPO Established

Infosys BPO (Business Process Outsourcing) is established as a separate subsidiary to offer BPO services. #bpo #outsourcing

2008 CE

Revenue Crosses $4 Billion

Infosys reports revenue exceeding $4 billion, driven by global demand for IT services. #revenue #milestone

2009 CE

First Non-Indian CEO: S.D. Shibulal

S. D. Shibulal becomes CEO, the first non-Indian (though of Indian origin) to lead the company, focusing on innovation. #ceo #leadership

2011 CE

Acquisition of Lodestone Holding

Infosys acquires Lodestone Holding, a Swiss management consultancy, for $345 million to strengthen its consulting business. #acquisition #consulting

2012 CE

Infosys Launches Edge® Platform

Infosys unveils Edge, a platform for digital transformation, focusing on automation and AI. #digital #innovation

2013 CE

N.R. Narayana Murthy Returns as Chairman

N. R. Narayana Murthy returns as chairman to steer the company through a challenging phase. #leadership #comeback

2014 CE

Acquisition of Panaya

Infosys acquires Panaya, an automation technology provider, for $200 million to enhance its testing and automation capabilities. #acquisition #automation

2015 CE

CEO Vishal Sikka Appointed

Vishal Sikka, former SAP executive, becomes the first non-founder CEO of Infosys, bringing a focus on innovation and digital. #ceo #innovation

2016 CE

Acquisition of Skava

Infosys acquires Skava, a digital experience platform, to bolster its e-commerce and digital offerings. #acquisition #digital

2017 CE

Vishal Sikka Resigns Amid Board Disputes

CEO Vishal Sikka resigns following board disagreements over corporate governance, leading to turmoil. #governance #turmoil

Jan 1, 2018 CE

Salil Parekh Appointed CEO

Salil Parekh, former Capgemini executive, becomes CEO, tasked with stabilizing the company and driving growth. #ceo #stability

2018 CE

Infosys Launches Cobalt Cloud Platform

Infosys introduces Infosys Cobalt, a cloud platform to help enterprises migrate and transform their IT landscapes. #cloud #platform

2019 CE

Revenue Exceeds $10 Billion

Infosys reports annual revenue of over $10 billion, reflecting strong performance and market demand. #revenue #billion

2020 CE

Infosys Becomes Forbes Global 2000 Listed

Infosys is listed in the Forbes Global 2000, ranking among the world's largest public companies. #ranking #forbes

2020 CE

COVID-19 Response and Remote Work

Infosys swiftly adapts to remote work amid the pandemic, continuing operations and supporting clients with digital solutions. #pandemic #remote

2021 CE

Launch of Infosys Metaverse Foundry

Infosys launches Metaverse Foundry to help clients explore and build metaverse applications. #metaverse #innovation

2021 CE

Acquisition of Blue Acorn iCi

Infosys acquires Blue Acorn iCi, a US-based digital commerce and customer experience firm, for $125 million. #acquisition #commerce

2022 CE

Infosys and Microsoft Expand Partnership

Infosys deepens its strategic alliance with Microsoft to co-innovate and offer cloud solutions. #partnership #cloud

2022 CE

Infosys Ranks #1 in India's Best Workplaces

Infosys is recognized as the best workplace in India by the Great Place to Work Institute. #workplace #award

2023 CE

Infosys Topaz AI Platform Launch

Infosys launches Topaz, an AI-first platform using generative AI to accelerate enterprise digital transformation. #ai #digital

2023 CE

Revenue Reaches $18.2 Billion

Infosys posts $18.2 billion in annual revenue, underscoring its continued growth trajectory. #revenue #growth