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April 17, 2006

Infosys Makes The Top Innovators List for Asia-Pacific.

Bruce Nussbaum

It was fascinating to see Infosys come out as # 10 on the Asia regional list for The World's Most Innovative Companies. Sony was # 14. Samsung was #4. Apple, Google and 3 M took the first three slots.

Here's what senior execs had to say about why they voted for Infosys:

BECAUSE THEY HAVE CONSISTENTLY UNDER-PROMISED & OVERWHELMINGLY OVER DELIVERED. THEY HAVE CONSISTENTLY SOUGHT INNOVATION IN ALL SPHERES & PRACTICES IN BUSINESS

For having raised to a mammoth company in a short -period.

Infosys is one of the leading IT firms and its one of the best firms to work with as per the surveys...apparently, they have the best HR practices for the employees....they even have boating and saloon facilities in their campus so that employees can relax and can take break in their hectic schedules.

It has develeped the one of the best busness model & organisation hierarchy.

Technology edge and best professionalism

They have the highest recall when it comes to outsourcing and has leaders that are respected in the world.

well managed and high employee freindly

10:50 PM

India

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They just completed 25 years too.

ecophilo.blogspot.com/2006/04/25-years-of-infosys.html

I am surprised to see that they have made it to the Innovators list, because they are not innovators in the sense of an Apple or a Google; their innovations are more from a business model, process and operating model perspective - things which are not easily evident.

Posted by: neelakantan at April 18, 2006 02:39 PM

Small Correction: Infosys has been around for 25 years

since early 80s. They did have long haul.

However, Infosys did several things in short haul

since mid-1990s that no other Indian company have

done on a significant scale:

1-It showed that knowledge can be valuable, leverageable

and can be encashed diligently.

2-It respected investment and showed that it is OK to share

the profit in a clean way without any accounting gimmicks.

3-It paved the way and gave direction for the middle-class

who went through several cycles of regional-self-discovery

through various businesses & careers (like working for public

sector in 60s & 70s, banking & medicine in 80s, experimented

with leather-garment-granite industries in 90s. Software

was also one of the experiments locals tried in 80s & 90s).

4-Infosys intelligently leveraged political opening of

mid-90s in the form of 'liberalization'.

5-They built something: Infosys as a brand and put Bangalore

on the world map.

6-Created millionaires out of normal public that no Indian

company had done before.

Most of they brought respect to the middle-class and made

knowledge sexy!

Posted by: Vish at April 18, 2006 02:48 PM

If one looks carefully, Infosys did innovate.

Let me explain:

* A look at these companies shows broad focus

and innovation

COMPANY TYPE OF INNOVATION

===========================================

Apple Product, R&D & Marketing

NOKIA Technology Products

P&G Diverse Products

Google Search Algorithm based Product

NIKE Product

Starbucks Marketing & service

These companies have know-how (or technology)

developed out of research & market exposure.

* Let us look at Infosys:

They are not exposed to market directly

whereas their customers are. So, what Infosys

does is to innovate on "knowledge" (v/s

know-how above).

Though software services companies existed

along with Infosys, the key difference is

building right skill and talent to deliver

is what Infosys highlights.

Infosys may not realize this fact though:

That knowledge is an invaluable and dominant

part or factor of the whole. That software

is a vehicle to enable this. Infosys played

a pivotal role in shining light on this

aspect.

Posted by: Vish at April 19, 2006 05:56 AM