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The Information Technology 100

10

Infosys Technologies

Infosys, India's No. 2 software services exporter, grew nearly 50% in 2004, to $1.59 billion in revenues. And it's well on its way to cross $2 billion this year. Progeon, the unit that manages business processes, is doubling every year and expects to reach $80 million in sales this year. Thrilled investors in India value it more than rival Tata Consultancy Services, which is two-fifths bigger in revenues. Infosys customers are happy too: 19 out of 20 come back to the Bangalore company with repeat orders. Now, Infosys has its eye on China. Of the 12,600 people it will hire this year, nearly 1,000 will be at its Shanghai offices.

Company Info

STOCK INFO INFY
Revenues* $1.6 BILLION
Revenue Growth 49.8%
Return on Equity 33.4%
Total Return75.2%
Profits* $419 MILLION
Industry SERVICES
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

Infosys Technologies Limited provides consulting and information technology services primarily in North America, Europe, and the Asia-Pacific region. Its solutions include custom application development, maintenance and production support, software re-engineering, package evaluation and implementation, and information technology consulting. The company also provides testing services, operations and business process consulting, engineering services, business process management, systems integration, and infrastructure management services. In addition, Infosys Technologies provides software products to the banking industry and business process management services. It also provides business process management services, such as offsite customer relationship management, finance and accounting, and administration, and sales order processing. The company is headquartered in Bangalore, India.

No. of Employees

NA


Data provided by Capital IQ
Nandan M.  Nilekani

Nandan M. Nilekani

Bio

Nandan M. Nilekani is one of Infosys Technologies Ltd.'s co-founders and has been a Director since July 1981. Mr. Nilekani is currently Infosys Technologies Ltd.'s Chief Executive Officer, President and Managing Director and Chairman Management Council. Prior to this, Mr. Nilekani served in various capacities with Infosys Technologies Ltd., including Chief Operating Officer and Head of Banking Business Unit. Mr. Nilekani received a Bachelor of Technology in Electrical Engineering from IIT Bombay.