Posts Tagged ‘Infosys’

Bell weather Infosys posts good results for September – December 2010 quarter

January 13, 2011

Infosys announced its quarterly results today. They are always the first in India (interestingly across all sectors) practically every quarter

With sales of Rs 7,106 crores (compared to Rs 6,947 crores last time) and profit of Rs 1,780 crores (compared to Rs 1,737 crores last time) Infosys exceeded their guidance.

Infosys expects to cross $ 6 billion (Rs 28,408 to Rs 27,481 crores) in this financial year (Apr 2010 – March 2011)

It is amazing to see Infosys consistently “under promise and over deliver” for dozens of quarters now

Berkeley Professor Eric Brewer is ACM Infosys Foundation 2009 Award winner

March 15, 2010

ACM announced  today (March 15, 2010) ACM Infosys Foundation Award (next only to Turing Award, considered the Nobel Prize in Computing) for the year 2009 and named Professor Eric Brewer as the award winner.

Professor Brewer is best known as the Founder of Inktomi search engine (acquired by Yahoo); his academic contributions include the CAP Theorem concept, and “Wireless Hypothesis”

What I like most about his work is that he is able to

  • work on cutting edge computer science that too of fundamental nature (CAP Theorem – Consistency, Availability and Partition tolerance incompatibility, like Arrow’s Impossibility Theorem) ,
  • build solid real-world engineering experimental infrastructure (like Network of Workstations (NoW), and,
  • contribute enormously through his societal initiatives (Wireless Hypothesis and his TIER Network that has helped thousands of patients to benefit through Tele-medicine from experts in Aravind Eye Hospital in India)

He visited IIIT-B in the year 2008 on an invitation from Professor Balaji Parthasarathy

Infosys has done India proud through the endowment of this Award that identifies outstanding young (around 40 years of age) computer scientists;

Professor Daphne Koller of Stanford for the year 2007,

Professor Jon Kleinberg of Cornell for the year 2008,  and,

Professor Eric Brewer of UC Berkeley for the year 2009

This was part of the contribution of Infosys towards a larger cause in the Silver Jubilee Year (25th year of Infosys. that was founded in 1982)

This is what Kris said as part of the Press Release

“S. Gopalakrishnan (Kris), CEO and Managing Director, Infosys Technologies said, “We are especially proud to honor Eric Brewer for contributions to computer science research and his demonstration of the use of IT for the benefit of disadvantaged populations in many regions, especially in developing nations.”

quality to Quality

February 9, 2010

It is time leading companies like Infosys look at quality more as strategic weapon than mere conformance to benchmarks. That is the transition I refer to as “quality to Quality”

I drove home my point by taking examples from other industries, notably manufacturing in 80s and 90’s in India

I also impressed on Infosys SEPG team the need to play “leaders’ game” than “followers’ game”; followers meet others benchmark, while leaders create new benchmark

I suggested to the quality team at Infosys that it is time they look at some “out of box” thinking; possibly looking at “proving programs correct” as an alternative to “software testing”

(Talk given to Infosys SEPG Group on Tuesday February 9, 2010)

John Hopcroft on the future of Computer Science

July 15, 2009

It was nice listening to Turing Award (considered as Novel Prize in computing) winner and Cornell Professor John Hopcroft at Infosys today (2:15 – 3:15 PM on July 15, 2009).

The erudite professor well known for his contribution to theory of computing (and the widely used books on Automata Theory) was emphasizing the need for Computer Science researchers to look at the challenging problems of tomorrow i.e., next 30 years and not  remain comfortable with computer science of yesterday, i.e., past 30 years.

As far as the learned professor is concerned, operating systems, programming, networks and databases belong to yesterday’s computer science, while random graphs, giant computer networks, sensor networks are some of the topics of tomorrow’s computer science.

He also talked of the way publishing will change; he cited the example where young researchers refusing to publish in journals that did not allow indexing by search engines (Google & Yahoo) forced the publishers to allow indexing by search engines.

He gave examples of future search options.

It was an enjoyable event; it was nice to see the large hall overflowing with several people sitting on the floor (including me, though after a while Tan Moorthy, Head, E & R, found a seat for me)

Farewell to Nandan Nilekani on July 9, 2009

July 9, 2009

Infosys had a nice farewell party to Nandan Nilekani, co-founder and vice-chairman; after 28 years Nandan decided to resign from the Board and take the position of Chairman of UID Authority with the government of India. Nandan put it very nicely “I lost my identity today”; yes, for 28 years he was so identified with Infosys, he must have felt so on the eve of resigning from Infosys.

We wish him a great second innings; we are confident he will succeed and UID will be a transformational project

Nandan Nilekani to head UID Authority

June 25, 2009

Nandan Nilekani, co-founder and vice chairman of the iconic $ 4.5 billion Infosys Technologies has resigned from the posts of Vice Chairman and Board member of Infosys to head a unique organization – UID (Unique Identity) Authority of India).

UID Authority of India has the ambition to uniquely identify every Indian; with 1.2 billion population, India’s UID is rather complex.

Countries like USA have their SSN (Social Security Number) that was designed a century back. Many counties (both big and small) have similar schemes. I was in Thailand in late 80’s when Thailand initiated such a project. India started very late. Though the idea has been around for several years, it got bogged down with some States not co-operating; these States relied on illegal immigrants to win election often using the bogey that Muslim women do not want to be photographed); techies got bogged down with the “right” smart card technology; and, Election Commission did a great job with EPIC (Electronic Photo Identity Card), but forgot to addresss the “backend” issues.

Nandan is the right person with technology, business and execution skills to execute this mammoth project. Once executed, it can make a huge difference to the country; it could be a technology to break the disease of corruption – the way Railway Reservation project removed bribery to TTE (Traveling Ticket Examiners). UID can also help in targeting subsidies direct to the beneficiery.

Nandan is a tall business leader. Within hours Forbes, New York Times and Reuters carried the news item.

Infosys and Nandan must be complimented for their corporate governance; within hours Nandan resigned from Board Membership and Vice Chairman post of Infosys.

Nandan is

  • an outstanding programmer, systems analyst, project manager, CEO and vice chairman of Infosys for the past 27 years,
  • a celebrity author who wrote the best selling “Imagining India”, and,
  • head of an Authority of the Government with the rank of a Cabinet Minister,

Nandan would be donning every role!

Road Transport Safety Standard launched

May 10, 2009

On May 9, 2009 at CII Institute of Quality (IQ) Annual Day (9th anniversary of IQ) a vountary standard called “Road Transport Safety Standard” was launched with a focus on “People Movement”.

Shell India and GRSP (Global Road Safety Partnership) have helped in getting this Standard; they have got Infosys, GE, Accenture, Goldman Sachs, Mphasis and Wipro in getting this standard to the table.

What is special about this standard is the focus on all the stake holders

  • Driver management
  • Vehicle management
  • Journey management, and,
  • Contractor management

It will be interesting to watch this standard evolve over the years.
The proof of the pudding will of course be the real reduction in automotive-related accidents that cost a lot to the country, with fatalities exceeding 100,000 in the year 2006 and accounting for more than 35% of all unnatural deaths in India

President visits Infosys and Indian Institute of Science

May 8, 2009

Today (May 8, 2009) President Pratibha Patil visited Infosys in the morning and participated in the Centenary Celebration of the Indian Institute of Science in the afternoon

Infosys campus has over the past 10 years seen more Presidents / Prime Ministers of countries than most campuses in the world. President Kalam, Prime Minister Atal Behari Vajapayee & Manmohan Singh had visited the campus; the heads of China, Japan, UK, Germany, France, Canada, Netherlands, Australia (plus many other countries) have visited Infosys in the recent past

On the other end of the town is IISc that too has been receiving many high profile visitors in the last couple of years. Prime Minister Manmohan Singh and Vice President have visited IISc in the past couple of months (as part of the Centenary year celebration)

Infosys and IISc represent the wealth generation (Lakshmi) and knowledge generation (Saraswati) aspects of modern India; both of them are located in Bangalore. No wonder Bangalore represents the new face of India that even President Obama talks about!

Tech Mahindra to buy Satyam

April 13, 2009

The government appointed Satyam Board headed by Chairman Kiran Karnik has done an admirable job in finding a suitor for Satyam through a fast, efficient but transparent process. Considering the fact that Ramalinga Raju made the revelation on January 7, 2009 this gets an added significance. It is accomplished within 100 days!

One hopes that Tech Mahindra completes the acquisition fast so that the employees can continue in their journey of excellence!

Considering the fact that other scams (Enron, Worldcom) finished off the organizations, it will be an interesting success story for the Indian IT industry if the fine organization that Ramalinga Raju built is not damaged in its entirety; let us pray that the organization survives and grows under the new management.

Credit should be given to individuals like Kiran Karnik and Deepak Parikh who risked their extra-ordinary personal reputation (built over decades) in this “revival” act. Government (specifically Ministry of Corporate Affairs and the Minister) must be complemented for giving freedom to the government appointed Board. SEBI made some quick but fair decisions. Even the courts did not encourage frivolous litigation! Rivals TCS, Infosys, Wipro, Cognizant, HCL must be given their due credit too- they did not “poach” employees / customers unduly with a view to clear competition.

In an indirect way “Sayam eva jayate“! Hope Tech Mahindra does not drown under litigation (Class Action suits) from USA and gets some out of court settlements

Infosys manages to post some good news

January 13, 2009

Announcing 33% profit growth for 3rd quarter (October – December 2008), Infosys, the “iconic” Indian IT company, could generate some confidence in the IT and investor community that had been battered for days with financial irregularities admittedly done by Satyam Computers Founder Ramalinga Raju.  Amidst such negative background, Infosys results were definitely a positive development.

In terms of numbers, Infosys posted 35% increase in revenue of Rs 5,790 Crores ($ 1.2 billion) and 33% increase in profit of Rs 1,640 Crores ($ 336 million). Part of the gain is due to the weakening of Indian Rupees against US Dollar.

What was specially gratifying was the Infosys decision to adhere to the original plan of hiring 25,000+ professionals in 2008-09 and 20,000 professionals in the year 2009-10.

Of course, Infosys has revised its annual guidance to $ 4.67 – 4.71 billion from an earlier estimate of $ 4.72 to 4.81 billion.