Leading Indian tech companies, including TCS, Infosys, and Wipro, have been encouraged by Union IT Minister Ashwini Vaishnaw to create a mobile operating system especially for India. “I urge our leading tech companies—Infosys, TCS, and Wipro—to accept this challenge: create a mobile operating system for our nation,” he stated while speaking at the 32nd ICT Business Awards & DQ Digital Leadership Conclave, which was hosted by Dataquest India. “You’ve excelled in providing services, but now is the time for India to become a product-driven nation,” the minister said, urging these businesses to change their focus, according to a news agency report. The government is prepared to assist these firms in their undertaking.
Making India a Tech Giant
Vaishnaw highlighted the government’s goal of making India a global leader in technology throughout his speech. According to Vaishnaw, Prime Minister Narendra Modi has given the country the courage, foresight, and means to dream large. In addition to tackling the issues of the present, the nation must lay the groundwork for the future by creating goods and technologies that would rank India among the top five technological nations; possibly in the future, it will be mentioned alongside the G7 or G20 as part of a T5’—the top five in technology.
Government’s Push for AI
The minister also emphasised the government’s initiatives to take the lead in artificial intelligence (AI) and democratise the field. He disclosed that the first “Made in India” chip is anticipated to be released this year and that five manufacturing facilities are now being built. He also declared the launch of the AI Compute Portal, which would give government agencies, startups, and researchers access to cutting-edge GPUs and high-performance computing capabilities for AI research. According to him, the government unveiled a shared computing centre with 14,000 GPUs on 10 March. Researchers, students, and businesses in the nation will be able to test AI models, improve algorithms, and create cutting-edge apps owing to the establishment of this centre . The minister added that the nation has a clear goal: it wants to create its own fundamental AI models within the next 12 months. A media outlet asked Vaishnaw to describe the government’s technology strategy for its 2047 objectives. According to him, the government’s third term would be devoted to the development of autonomous AI models, small, problem-specific AI solutions, GPUs, startup support, and talent development.
According to the NASSCOM Annual Strategic Review 2026, the share of IT services and engineering research and development (R&D) will remain dominant in terms of overall revenue. According to the analysis, although the projected growth is strong, over half of the CEOs polled thought that hiring would either remain the same or decline in fiscal 2026. Approximately two-thirds of them stated that artificial intelligence would account for over 10% of IT spending.
Aiming to get more people back on campus, Infosys has instructed its tech workers to follow its policy of working from the office ten days a month. Functional heads at the Bengaluru-based company emailed their colleagues to advise them to restrict the amount of work-from-home days they apply for, starting on March 10, according to a media outlet.
According to the email evaluated by a media outlet, the corporation stated that in order to facilitate this, system interventions will be put in place to restrict the amount of work-from-home days that can be used each month as of March 10, 2025. These steps are intended to preserve employee flexibility while guaranteeing adherence to the new hybrid work rules.
The “system intervention,” as senior executives referred to it, is intended to give teammates flexibility while ensuring efficient teamwork. “As you are aware, our hybrid work style requires employees to work from the office at least ten days a month, or as needed by the business, whichever is higher,” the email continued. Employees at job level 5 (JL5) and lower are covered by the communication. It further covered that JL5 (Job Level 5) team leaders are ranked above software engineers, senior engineers, system engineers, and consultants. Managers, senior managers, delivery managers, and senior delivery managers are included in JL6 and up; however, vice presidents are excluded from this communication. To date, Infosys, which employs over 323,000 people, has not addressed any media enquiries regarding this development.
Change in Marking Attendance
According to media reports, Infosys employees utilise a mobile app to track their attendance. This software will no longer “default” to approving WFH requests and will force them to punch in ten days a month while working at their local office base. This is more of a project requirement than a unit requirement. The flexibility saved Infosys workers a great deal of time and fatigue from commuting to work. Some employees may become less productive as a result. Sources claim that if an employee misses the work-from-office goal by one or two days, those days will be subtracted from their remaining leave balance.
TCS Attracting Employees in a Unique Way
TCS, a rival of Infosys, tied quarterly variable pay outs to employees’ attendance at work earlier in 2024. The quarterly incentive will not be given to those who have less than 60% attendance. On November 20, 2023, Infosys announced its return-to-office policy. According to a report published by a renowned media house, the outsourcing giant set aside a few crucial weeks each quarter as “in-person collab” weeks, during which time all team members were expected to be in the office and work together.
Infosys has announced its investment in 4baseCare, a healthtech firm that concentrates on oncology (cancer care) and is powered by advanced genetics. This is a significant move that highlights Infosys’ growing commitment to healthcare innovation. The tech giant will purchase Series A compulsory convertible preference shares (CCPS) in 4baseCare through its Infosys Innovation Fund, while the precise investment amount is still unknown.
Infosys’ dedication to advancing innovative technologies that propel individualised healthcare solutions—particularly in oncology—is demonstrated by this partnership. 4baseCare’s novel method is positioned to significantly alter the way patients are diagnosed and treated as cancer treatment becomes more advanced and individualised.
4baseCare Core Focus
4baseCare, which was founded in 2018, is leading the way in personalised cancer care by using cutting-edge genomics to develop tailored therapies for cancer patients. The company’s main goal is to improve care efficacy and reduce side effects by using genomic data to customise therapies to each patient’s unique needs.
The study of cells’ genetic material, or genomics, is transforming how medical professionals perceive cancer. 4baseCare emphasises developing individualised treatment regimens based on each patient’s distinct genetic composition rather than using the conventional “one-size-fits-all” therapy strategy.
4baseCare analyses a patient’s genetic profile to find cancerous mutations and traits that help physicians select the best course of action, thereby improving patient outcomes. The business maps the genetic markers of cancer cells using state-of-the-art technology, enabling more accurate and timely diagnosis and treatment. Patients who receive individualised care see improved outcomes, fewer adverse effects, and faster recovery times.
Infosys’ Strategic Move
An international leader in IT services, Infosys is renowned for its progressive business philosophy and ongoing search for cutting-edge technology that can propel digital transformation. Infosys hopes to capitalise on the quickly expanding healthtech industry, which is increasingly regarded as a crucial area for future growth and innovation, by investing in 4baseCare. Infosys intends to assist its clients in navigating their business transformation processes by utilising 4baseCare’s capabilities. Infosys can provide cutting-edge tools and platforms that enhance patient outcomes and streamline healthcare operations by incorporating personalised cancer care solutions into its current healthcare offerings.
With this move, Infosys is also able to expand its healthcare portfolio by providing clients in the pharmaceutical, medical, and healthcare industries with AI-powered and genomics-based solutions. With a track record of using technology to revolutionise sectors, Infosys is in a good position to assist 4baseCare in growing its influence and reach in the global healthcare market.
In the healthtech industry, where demand for highly individualised healthcare solutions is rapidly increasing, Infosys’s position is further strengthened by this investment. Genomics is essential to ensure that therapies are customised to each patient’s needs as the healthcare industry shifts to precision medicine. By incorporating innovative technologies that have the potential to revolutionise the treatment of cancer, Infosys’ collaboration with 4baseCare enables the company to remain ahead of this trend.
Mother Teresa, Kalpana Chawla, Sarojini Naidu, and many other women have been the epitome of inspiration to Indian society. Today women have uplifted society and their contribution to our nation has been inseparable from the history of our success. There is one such woman whose contribution to the people of our country has been remarkable. She is Sudha Murty
A prolific writer who is known for her simplicity. Sudha has been greatly revered for her writings, her philanthropy, and her impact on society. She has been dynamic, revolutionary, strong, and obedient.
In this StartupTalky story, let us learn about Sudha Murty’s success story, early life and childhood, life history, personal life, education, philanthropy, achievements, writings and books, and more.
Sudha Murty Biography
Name
Sudha Murty
Birthplace
Shiggaon, India
Born
19 August 1950
Nationality
Indian
Education
BE in Electrical and Electronics Engineering, B. V. B. College of Engineering and Technology ME in Computer Science, Indian Institute of Science
Sudha Murty was born in Shiggaon, Karnataka to her parents Dr. R. H. Kulkarni and Vimla Kulkarni. Her father was a surgeon and his brother Srinivas Kulkarni is a renowned astronomer. He also received the Dan David Prize in the year 2017.
Sudha’s mother always supported her children to achieve high endeavors. It was the family of Sudha Murty who instilled in her the passion to make enormous achievements and achieve extraordinary things in life.
Sudha Murty – Education
She completed her graduation from B.V.B College of Engineering and Technology. She opted for a Bachelor of Engineering in Electrical Engineering and obtained the first rank for which she got a gold medal from Sri Devaraj Urs, former Chief Minister of Karnataka. After completing graduation she joined the Indian Institute of Science to pursue a Masters in Engineering in Computer Science.
Sudha Murty – Career
It was after Sudha completed her studies, that she was hired at Tata Engineering and Locomotive Company (TELCO) which is now known as Tata Motors. Sudha Murty was the first female engineer in India who was hired by India’s largest auto manufacturer. She had written to the chairman of TELCO and complained that there were gender biases in the company. Hearing about this, she was called for a special interview.
Sudha has also worked as a senior system analyst in Walchand Group of Industries in Pune where she lived for seven years (1974 – 1981). Her husband, Narayan Murty was a Research Assistant when he started his career.
While they planned to move to Mumbai in 1981, Narayan shared his dream of creating a software company that could be the biggest venture in the country in the technology industry.
Sudha supported Narayan Murty in every possible way and also shared Rs. 10,000 which was her sole savings. She was the strongest pillar of Infosys and the career of Narayan Murty in those days.
For a few years, both Sudha Murty and Narayan Murty worked together for Infosys, but they were compromising on their family life. That is when Sudha decided to continue her role as a homemaker.
Sudha also started Infosys Foundation in the year 1996 and continued to be the trustee of the company. She has built 2300 houses with the help of this foundation in the areas which were affected by floods. Also, she helps the society where there are problems of poverty, public hygiene, healthcare, education, and art and culture. Her foundation has built more than 70,000 libraries in schools and 16,000 toilets.
While Sudha was working in TELCO, Pune, she met Mr. Narayana Murty and got married to him. Rohan and Akshata are their kids. She is known for her social and philanthropic contribution and also her excellent service to literature in English and Kannada language.
Sudha Murty was also fond of acting. Based on her novel Rhun, she made her debut in a Marathi Film named Pitruroon. She is very fond of movies and says that she watches 265 movies in a year. She also mentioned in one of the interviews that if she had not chosen Engineering she would have opted for the profession of a Film Journalist.
In a recent TV Show, Sudha Murthy shared how she met Narayana Murthy.
They met through a mutual friend, Prasanna, who was Narayana’s roommate. After knowing each other for four years, they got married in 1978. Over the years, they have supported each other’s work and values. Sudha said Narayana’s dedication and punctuality inspired her to become more focused and disciplined. They share a story of friendship, partnership, and mutual respect.
Sudha Murthy, prefers traveling in economy class, even though her husband, Narayana Murthy, asks her to travel in business class.
“I spend all money on philanthropy. He’ll tell me to buy business class tickets, but I say, ‘Why? I will reach the same destination, at the same time with an economy ticket too,” she said.
While Sudha Murthy admits to not being a great cook, she is a celebrated author and an inspiring philanthropist.
Sudha is known for her philanthropic work. She has helped society in enormous ways. From public hygiene, and poverty alleviation to spreading awareness about rural education and women empowerment; she has worked for all. She aims and dreams about a clean India hence she works on building toilets for the public. She has also been very passionate about aiding the people with all necessary resources who suffer due to floods.
Sudha has been working with the Gates Foundation for many years now. She thinks that education is the key to the nation’s well-being. She has helped many orphans by building orphanages, and kids with computers at schools too.
Sudha Murty – Writings and Books
Sudha Murty is a wonderful and well-renowned author. Her writings revolve around her life experiences, her realizing views, hospitality, and charity. Many of her Kannada Books were translated into English books and television series.
When she was 29, she had her first book published for which she visited the USA, and dedicated her first book to her husband Narayana Murty. It was at the age of 50 when she started writing books in the English language. To date, she has scribbled many short stories, children’s books, fiction, novels, and a lot more.
At the launch of her 300th book in September 2024, Grandpa’s Bag of Stories (Puffin), Sudha Murty shared a message for her younger self: “Writing is about the passion to express yourself, not borders or degrees. If you have that passion, you will write.”
The book features 19 stories about four children traveling to Mayawati in Uttarakhand with their grandparents. Along the way, their grandfather shares tales of kings, princesses, and mermaids, teaching lessons of wisdom and kindness.
Sudha Murty Books
Here are a few famous books written by Sudha Murty:
Books in the Kannada language:
Dollar Sose
Runa
Kaveri inda Mekaangige
Hakkiya Teradalli
Athirikthe
Guttondu Heluve
Mahashweta
Tumla
Nooniya Sahasagalu
Samanyralli Asamanyaru
Compuer lokadalli
Books in the English language:
The Mother I Never Knew
Three Thousand Stitches
The Man from the Egg
Here, There, Everywhere
Magic of the Lost Temple
How I Taught My Grandmother to Read and Other Stories
The Old Man And His God
Dollar Bahu
Wise and Otherwise
Mahashweta
Sudha Murty – Awards and Achievements
Sudha Murty has received many recognitions in her long career. She has been an inspiration to many and is the epitome of voluntary service.
Sudha Murty won Padma Shri in the year 2006, India’s fourth-highest civilian honor.
Cash Prize for securing the highest marks in SSLC. Sri Devaraj Urs, Chief Minister of Karnataka then honored her with a Gold Medal since Sudha secured the highest marks in the state in B.E.
Indian Institute of Engineers honored Sudha Murty with a gold medal for having secured the 1st Rank in MTech.
Sudha was honored with R.K. Narayana’s Award of Literature.
In the year 2000, she was awarded the ‘Ojaswini’ award for her excellent social work.
In the year 1995, she was awarded the Millenium Mahila Shiromani Award.
The Rotary Club of Karnataka gave her the award of Best Teacher.
At the Crossword-Raymond Books Awards, Sudha got the Lifetime Achievement Award.
She was awarded the Honorary Degree of Doctor of Science by IIT Kanpur.
¨Life is an exam where the syllabus is unknown and question papers are not set. Nor are there model answer papers.¨
💡
Money is one thing that rarely unites and mostly divides people.
Conclusion
Sudha Murty is a person who has worked towards her vision, as no one else. She has been consistent and determined in her work to change society for the greater good. Her writings and her philanthropic work have impacted many in society and inspired people to do good for others. Sudha Murthy’s life is an inspirational story for all of us!
FAQ
Who is Sudha Murthy?
Sudha Murthy is an Indian author, philanthropist, and chairperson of the Infosys Foundation. She is known for her contributions to education, healthcare, and women’s empowerment, as well as her books in English and Kannada. She is married to Infosys co-founder N. R. Narayana Murthy.
What is the net worth of Sudha Murthy?
The net worth of Sudha Murty is approximately INR 775 crore.
What is the age of Sudha Murthy?
Sudha Murty was born on 19 August 1950 and is 73 years old.
What is Sudha Murty education?
Sudha Murty completed a B.Eng. in Electrical and Electronics Engineering from the B.V.B. College of Engineering & Technology.
Infosys is a leading multinational specializing in technology-driven solutions like business consulting, IT, and outsourcing services. Infosys enables businesses across various sectors to use end-to-end services, including digital transformation, AI, cloud computing, and cybersecurity.
Infosys uses its expertise and technology to help organizations cut costs, improve operations, and reach their goals, making it a trusted global partner.
This article will explore Infosys’s business and revenue models in depth, helping readers clearly understand the company’s growth trajectory.
Founded in 1981, Infosys is a global consulting and IT services company listed on the NYSE, with over 317,000 employees. Started with an initial capital of $250, it was registered as Infosys Consultants Private Limited on July 2, 1981. In 1983, the company relocated to Bangalore, Karnataka. In 1999, Infosys became the first Indian company listed on NASDAQ, gaining access to capital markets and boosting its growth.
On August 24, 2021, Infosys became the fourth Indian company to achieve a $100 billion market capitalization. Recognized as one of India’s leading Big Tech companies, Infosys ranks as the second-largest Indian IT company by revenue and the third-largest by market capitalization as of March 31, 2024.
Infosys’s business model is all about providing innovative and personalized technology solutions for clients. The company offers a range of services, including application development, systems integration, consulting, and outsourcing.
Clients typically begin their partnership with Infosys by outlining their specific needs and goals while collaborating with the company’s solution architects. Next, Infosys examines the client’s current IT setup to identify challenges and opportunities. After this, Infosys works with clients to develop customized solutions, which may involve creating new applications or integrating existing systems.
The company focuses on quality and efficiency through careful project management and industry best practices, ensuring that its solutions provide real value. Additionally, Infosys offers ongoing support, including troubleshooting and performance optimization, to help clients make the most of their technology investments. Infosys offers services like Infosys NIA, an AI platform, and Infosys Finacle, a banking solution, that supports sectors like finance, retail, and healthcare in driving digital transformation for clients.
Infosys primarily earns revenue through fees for consulting, IT services, and outsourcing, making it a key partner for businesses in many industries. Additionally, Infosys licenses its software products and platforms, which diversifies its income and ensures a steady cash flow. This varied revenue model also reduces market risks, as long-term contracts and repeat business from loyal clients provide stable income. This allows Infosys to invest continuously in innovation and new capabilities.
Process Improvement
A major revenue driver for Infosys is Process Improvement. By using advanced technologies like automation, AI, and cloud computing, Infosys enhances both internal processes and client solutions. Regular performance benchmarking and continuous improvement create added value for clients and increase revenue by optimizing workflows and reducing costs.
Workforce Efficiency
Workforce Efficiency is also key. By shifting more work to offshore locations with skilled talent at lower costs, Infosys reduces expenses, improves margins, and offers competitive pricing. This model gives Infosys the flexibility to scale efficiently with project demands, boosting revenue.
Knowledge Reuse
Another strategy is Knowledge Reuse. Infosys’s experience and strong knowledge management allow it to reuse established solutions, reducing development time and expenses. This reuse maintains high service quality, fosters client trust, and promotes repeat business.
Strategic Projects
Strategic Projects through Centers of Excellence (CoEs) drive growth by focusing on high-impact projects that meet industry needs, creating revenue from innovative, large-scale initiatives.
Software Services
Finally, Software Services form 95% of Infosys’s revenue, with a skilled workforce delivering high-quality digital solutions. The Global Delivery Model also plays a key role, particularly in North America, where Infosys earns nearly two-thirds of its revenue.
With its strong resources and capabilities, Infosys provides valuable solutions, strengthens its market position, and supports sustainable growth, making it a trusted IT partner worldwide.
Revenue of Infosys Limited worldwide from financial year 2014 to 2024
Revenue of Infosys Limited worldwide from financial year 2014 to 2024
Value Proposition of Infosys
Infosys’ value proposition is distributed across 4 categories:
For Enterprises: Infosys offers creative solutions that align with business goals, helping enterprises adapt to changing technologies and market demands while streamlining operations and enhancing customer experiences.
For Government Organizations: Infosys provides expertise in navigating regulatory landscapes and ensuring data protection, improving operational efficiency and service delivery.
For SMEs: Infosys delivers cost-effective solutions that boost productivity and engagement, enabling SMEs to compete with larger companies.
For Startups: Infosys supports startups with industry knowledge and scalable resources to accelerate their growth.
For Global System Integrators (GSIs): Collaborating with Infosys allows GSIs to leverage technical expertise and global delivery for innovative digital transformation solutions.
Comprehensive Training Programs: Infosys provides extensive employee training and competency development, utilizing a mix of classroom, virtual, macro, and microlearning methods.
Wide Course Offering: The company offers approximately 1,500 continuous education courses, ensuring employees have access to a diverse range of learning opportunities.
Digital Transformation in Training: Infosys actively modernizes its training processes by leveraging digital platforms, enhancing the overall learning experience.
Industry Leadership in Employee Development: Recognized for its innovative training initiatives, Infosys is considered one of the best in the IT industry for employee training and skill enhancement.
Infosys Weaknesses
Client Dependency Risks: Infosys relies heavily on North America for over 60% of its revenue, exposing the company to geopolitical and regulatory risks that can hinder growth.
Integration Challenges from Acquisitions: The company has struggled with integrating acquisitions due to cultural misalignment, leading to significant financial losses, such as the $90 million write-off from failed acquisitions like Panaya and Skava.
Infosys Opportunities
Rapid Growth in IT Ecosystem: India’s IT industry is growing at 15.5% annually, outpacing the overall economic growth and presenting Infosys with significant opportunities, particularly in the software product sector, projected to reach a $1 trillion global market by 2025.
Rising Demand for Cloud Solutions: The public cloud services market in India is expected to grow at an impressive rate of 22.9% annually, with projections of reaching $17.8 billion by 2027, offering Infosys ample opportunities to provide cloud-native solutions and digital services.
Dominance in Outsourcing: As the leading outsourcing destination, India comprises 55% of the IT and Business Processing Management services market, with projected spending in the IT sector set to increase by over 11.1% to $138.6 billion in 2024, creating substantial growth prospects for Infosys.
Strategic Expansion and Acquisitions: Infosys’s size enables it to effectively acquire smaller competitors, leveraging past successful acquisitions to enhance its market position and drive further business growth.
Infosys Threats
Cybersecurity Risks: With advancing technology, Infosys faces heightened threats from data breaches and cyberattacks.
Geopolitical and Economic Challenges: Geopolitical uncertainties and economic fluctuations, such as trade wars, currency volatility, and policy shifts, pose significant risks to Infosys’s cross-border operations and profitability.
High Employee Attrition: Infosys experiences a high attrition rate of 12.6%, one of the worst in the industry, resulting in increased recruitment and training costs as the company struggles to retain talent.
Intense Competition and Regulatory Hurdles: Operating in a competitive IT landscape with rivals like Accenture and IBM, Infosys faces pressure to innovate and manage costs.
Infosys’s client-centric approach focuses on building long-term relationships through dedicated account management, enhancing satisfaction and loyalty. The company invests significantly in research and development to foster innovation and uses flexible pricing models to meet diverse client needs. By implementing a global delivery model, Infosys achieves operational efficiency, providing cost-effective, high-quality solutions that position it well in the dynamic technology landscape.
FAQ
What is the main source of income for Infosys?
Software Services form 95% of Infosys’s revenue, with a skilled workforce delivering high-quality digital solutions. The Global Delivery Model also plays a key role, particularly in North America, where Infosys earns nearly two-thirds of its revenue.
What is the main business of Infosys?
Infosys primarily offers IT services and consulting, specializing in digital transformation, software development, and technology solutions for businesses worldwide.
The new and extended Living Labs, which are a part of a worldwide network of more than 12 existing facilities, were recently launched by Indian technology company Infosys. These labs will assist clients in accelerating innovation and utilising emerging technologies to future-proof their businesses.
The Bengaluru-based business also revealed plans to open a new AI lab in partnership with the University of Cambridge. The lab wants to use AI to its full potential so that it can benefit students, clients, and academics. The opening of the Living Labs was celebrated with a tour of the facility and a live demonstration of its capabilities by Feryal Clark, the UK’s Minister for Digital Government and AI, Professor Colm-cille Caulfield, the head of the University of Cambridge’s Department of Applied Mathematics and Theoretical Physics, and more than 100 guests, including clients and partners.
Strengthening the Digital Transformation
The Infosys Living Labs are situated in Canary Wharf, a famous banking area in London. For customers and partners, the lab will facilitate the integration of digital technology, business insights, and human experience.
As a centre for innovation, it will assist in utilising frameworks, digital experiences, solution accelerators, and industry solutions to generate, prototype, and test innovative concepts. Enterprise AI will be the main emphasis of the lab, where clients can observe AI-driven digital transformation in action. These include Infosys Cobalt, a cloud-based solution that helps businesses create scalable and reliable digital infrastructures, and Infosys Topaz, an AI-first offering that uses generative AI technology.
Helping in Forming Digital Transformation Strategies
Infosys Living Labs will assist businesses in developing and executing their digital transformation plans by providing interactive demos, workshops, and one-on-one consultations. In order to solve real-world difficulties, the education and research partnership with the University of Cambridge to create a joint AI Lab will leverage both Cambridge University’s top-notch teaching and research skills and Infosys’ industry experience and real-world AI application.
According to the company’s statement, the new lab will also serve as a catalyst for innovative and cutting-edge research projects. The London Living Labs and the AI Lab are located in Infosys’ brand-new, cutting-edge facilities, which span 25,000 square feet and can accommodate 200 workers.
According to Tarang Puranik, executive vice president and head of delivery for Europe at Infosys, London is home to some of the most innovative and disruptive businesses in the world. According to him, the new lab and collaboration with Cambridge University strengthen Infosys’s “dedication to play a significant role in London’s technological advancement.”
According to Feryal Clark, the UK’s Minister for Digital Government and AI, the government is using AI as the cornerstone of its strategy to “kickstart economic growth.” According to Clark, she witnessed firsthand how Infosys’ new London location will help researchers and organisations make the most of this technology in ways that will spur innovation and produce outcomes nationwide.
The multinational technology company Meta and Infosys, a pioneer in next-generation digital services and consulting, bolstered their partnership on October 23, 2024, to promote generative AI innovation through open-source projects. Infosys is a firm believer in democratising AI and is a major supporter of open-source software. By utilising Meta’s Llama stack, a collection of open-source big language models and tools, Infosys is propelling notable progress in artificial intelligence and encouraging creativity in several sectors.
Infosys has announced a Meta centre of excellence (COE) aimed at boosting enterprise AI integration while facilitating internal adoption and contributions to open-source communities in order to promote innovation and hasten the implementation of Meta’s Llama stack. In order to facilitate customers’ smooth adoption of the Llama stack, this centre will create use cases tailored to the industry, enable a sizable skill pool on the Llama stack, and work closely with Meta.
Integrating the Llama Models With Infosys Topaz
As a pioneer in open-source AI innovation, Infosys is a launch partner and early adopter of the Llama 3.1 and 3.2 models. By combining the Llama models with Infosys Topaz, an AI-first suite of platforms, services, and solutions that use generative AI technology, Infosys is developing cutting-edge AI solutions to boost business value for companies all around the world.
One such innovation is the Llama-powered document assistant service, which, when compared to conventional ways, helps evaluate contracts more quickly and effectively, yielding notable productivity increases.
AI Experience Zone for Meta
Additionally, Infosys built a special AI Experience Zone for Meta at its Bengaluru campus as part of the COE. Customers will be able to witness firsthand cutting-edge enterprise AI innovations created by Infosys Topaz in partnership with Meta’s Llama technology in the state-of-the-art zone.
According to Balakrishna D. R. (Bali), Executive Vice President, Global Services Head, AI and Industry Verticals, Infosys, open-source innovation is essential to developing significant digital solutions that boost productivity and growth while levelling the playing field for all companies. The partnership with Meta demonstrates the company’s steadfast dedication to advancing corporate AI technology, including Gen AI, and encouraging cross-industry innovation. By incorporating Meta’s Llama family of models into Infosys Topaz, Infosys is utilising transparency and teamwork to make AI impactful and accessible for all types of enterprises.
According to Sandhya Devanathan, Vice President and Head of Meta India, the company is excited to expand its partnership with Infosys, which is a prime example of the strategic significance of open-source AI development. The incorporation of Llama into Infosys Topaz is evidence of the innovative potential of AI to spur innovation and enable companies to fully utilise AI to revolutionise their operations. Enterprises will undergo a revolution thanks to open-source models like Llama, which will accelerate their digital transformation and allow them to grow, innovate, and compete on a global scale.
The Microsoft team led by Satya Nadella and Indian IT giant Infosys have extended their collaboration to support the global acceleration of customers’ adoption of Microsoft Azure and generative AI.
According to a statement from the firm, the strategic partnership is to assist Infosys and Microsoft’s joint clients in realising the return on their technology investments and achieving transformative results. As per a regulatory filing, Infosys would integrate Microsoft’s suite of generative AI services throughout its Solution IP portfolio to introduce distinctive features and assist clients in attaining cost-effectiveness, scalability, and flexibility.
The company’s increased partnership with Infosys will change sectors, improve corporate operations, improve employee satisfaction, and provide consumers with new value. According to Nicole Dezen, Chief Partner Officer at Microsoft, “Together, the two companies will capitalise on the potential of generative AI to provide creative solutions, drive AI adoption, and allow unparalleled innovation for customers.”
Top GitHub Copilot, Infosys
Since Infosys first introduced GitHub Copilot, the two companies have worked together to significantly improve code completion and modernisation. With more than 18,000 developers using GitHub Copilot to produce more than 7 million lines of code, Infosys is currently acknowledged as one of the top users of this platform.
The partnership solves numerous business issues using a customer-centric approach, according to Anand Swaminathan, EVP and Global Industry Leader–Communications, Media, and Technology, Infosys. It offers scalability, agility, and cost-efficiency across important sectors like finance, healthcare, supply chain, and telecommunications.
Adding to Microsoft’s Generative AI Product Line
Infosys was also selected as a strategic supplier to serve Microsoft’s enterprise customers’ cloud and AI workloads. Infosys will integrate Microsoft’s generative AI suite of products throughout its portfolio of Solution IP to deliver distinctive features that assist customers in achieving cost-effectiveness, scalability, and agility.
Together with Microsoft‘s technology, the partnership will accelerate the global adoption of enterprise AI by improving customer experiences and leveraging Infosys’s AI-powered marketing suite, Infosys Aster, and its own portfolio of industry-leading AI and Cloud services, Infosys Topaz and Infosys Cobalt.
Both businesses are concentrating on exchanging best practices for Responsible AI (RAI) as their partnership expands. Via RAI Office, Infosys is a major contributor to the creation of ethical AI guidelines and a major partner in The Microsoft Responsible AI Partner Initiative. Collaboration also includes skill-building activities, which guarantee that workers have the know-how to support these projects.
About Infosys
In terms of consulting and next-generation digital services, Infosys is a world leader. It helps clients negotiate their digital transformation in over 50 countries. With more than 40 years of expertise overseeing the operations and systems of large, international companies, Infosys competently guides its clients through their digital transformation. It has accomplished this by providing the business with an AI-driven core that aids in prioritising the implementation of change.
We all must have heard about the multinational company, “Infosys.” With more than forty years of expertise in managing the systems and operations of multinational organizations, Infosys effectively guides its customers through their digital transformation journey.
India is frequently referred to as the globe’s IT hub, and the credit for this goes to a few jewels. Nandan Nilekani, the co-founder of Infosys, is one of them. He is the guy behind India’s “Aadhar Cards,” which have been used to register 131.68 crore individuals to date. He was the driving force behind India’s IT boom, beginning in 1978 when companies like Microsoft didn’t even exist.
He is a legend and an inspiration to the educated Indian middle class, who perceive him as a guy who has risen to exceptional levels in life only through hard work. After watching his father’s repeated work migrations and following migrations in his early days, he aspired to be an independent entrepreneur.
After acquiring an education from the IIT, where he learned to work hard and perform as part of a team, he was transformed from a small-town youngster to a confident and mature young man. He also grasped the necessity of giving back to society, which is an essential aspect of his persona that hasn’t changed over the years.
Read this article further, to know about the history and journey ofNandan Nilekani, starting from his early life, education, net worth, family, and more.
Nandan Nilekani – Biography
Name
Nandan Nilekani
Born
2 June, 1955
Nationality
Indian
Spouse
Rohini Nilekani
Education
St Joseph’s High school Dharwad, IIT Bombay (BTech)
Nandan Nilekani was born in Bangalore, Karnataka, on June 2, 1955. His parents, Durga and Mohan Rao Nilekani are from Sirsi, a small town in the Northern Karnataka region. Konkani is his first language. In addition to Konkani, he is fluent in Kannada, English, Marathi, and Hindi.
Nilekani attended Bishop Cotton Boys’ School and St. Joseph’s High School in Dharwad, Karnataka PU College Dharwad, and graduated from the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.
Nandan Nilekani – Family
Nandan Nilekani’s father’s and mother’s names are Mohan Rao Nilekani and Durga Rao Nilekani, respectively. His father was the general manager of Mysore and Minerva Mills, and he believed in Fabian Socialist ideas, which impacted Nilekani as a child. Vijay Nilekani, Nilekani’s older brother, works at the Nuclear Energy Institute in the United States.
Nilekani married Rohini Nilekani, whom he met during an IIT quiz contest. Nihar and Janhavi are their two children, both of whom have graduated from Yale University with a bachelor’s degree.
Nandan Nilekani with his Wife Rohini Nilekani
Nandan Nilekani – Career
Information Technology and Infosys
Company Logo of Infosys
He began his career in 1978 at Patni Computer Systems in Mumbai, when he met and was interviewed by N.R. Narayana Murthy. Nilekani, Murthy, and five of his other Patni colleagues resigned in 1981 to establish Infosys. Nilekani became the Chief Executive Officer of Infosys in March 2002 and held the position until April 2007, when he passed over the reigns to his colleague Kris Gopalakrishnan and became co-chairman of the executive board. Nilekani held many positions before becoming CEO in 2002, including managing director, chief operating officer, and president.
From March 2002 to April 2007, he was the company’s CEO. Infosys’ revenue grew exponentially during his five-year term as CEO. He returned to Infosys in 2017 when CEO Vishal Sikka left to become chairman. Upon his return, he relocated the company’s power center from California to Bengaluru.
Nilekani left Infosys in July 2009 to become the chairman of the Unique Identification Authority of India, which he accepted at the request of then Prime Minister Dr Manmohan Singh. As the head of the UIDAI, he was in charge of implementing the Multipurpose National Identity Card, or Unique Identity Card program in India.
This effort intends to equip every Indian inhabitant with a unique identity number, which will be used largely to effectively deliver social benefits. The means of identification was biometric, and the effort to construct a government database of India’s entire population has been dubbed “the world’s largest social enterprise.”
They created Aadhaar, an Indian biometric ID system that includes a database of population information and home locations for Indians. In April 2017, 1.14 billion Indians received their national identification number. Aadhaar was dubbed “the most advanced ID scheme in the world” by World Bank Chief Economist Paul Romer in 2016. This software has been chastised for invading people’s privacy and disclosing sensitive data.
He is the president of NCAER and a member of the ICRIER, which stands for, the Indian Council for Research on International Economic Relations’ Board of Governors. He also belongs to the Bombay Heritage Fund and the World Economic Forum Foundation’s advisory boards.
Nilekani, to promote his book Imagining India: The Idea of a Renewed Nation, has been on The Daily Show with Jon Stewart. He also gave a TED talk about his vision for India’s future in 2009.
NASSCOM
NASSCOM was founded by Harish Mehta, Ashank Desai, Nandan Nilekani, Shiv Nadar, and Narayana Murthy. The National Association of Software and Service Companies (NASSCOM) is an Indian non-governmental trade association and advocacy group focused on advancing the country’s technology industry. Established in 1988, NASSCOM operates as a nonprofit organization, playing a crucial role in shaping and supporting the Indian tech sector.
EkStep
EkStep is a non-profit literacy and numeracy platform. Nilekani is the chairman of EkStep. EkStep, which was founded by the Nilekani with an initial investment of $10 million (about INR 65 crore), aims to solve the ‘learning problem’ by developing a technology-driven platform to assist youngsters in enhancing their ‘learning outcomes’ from a young age. EkStep plans to achieve so through gamified applications available on the Google Play Store.
Politics
In March 2014, Nilekani joined the Indian National Congress and contested the Bangalore South Lok Sabha seat election. He lost by 228,575 votes versus Bhartiya Janta Party’s candidate Ananth Kumar. He joined a committee in December 2016 to look at how consumers in India may make better use of digital payments.
NCAER
Nilekani is the president of the NCAER, which stands for, National Council of Applied Economic Research. NCAER is India’s oldest and biggest non-profit economic research think tank, situated in New Delhi. NCAER, which was launched in 1956, conducts sponsored research and independent economic policy research projects for governments and businesses.
Its research spans practically every aspect of economics, from forecasting to poverty studies. NCAER is one of only a few think tanks in the world that collects primary survey data from homes, businesses, customers, and individuals on a scientific, nationwide scale. The NCAER’s social and economic data sets are frequently utilized in Indian research and analysis.
Nandan Nilekani has made around 20 personal investments to date, which are as follows :
Date
Organization Name
Round
Amount
Mar 13, 2020
Juggernaut
Series A
$672K
Feb 24, 2020
RailYatri
Series B
$14.3M
Feb 24, 2020
IntrCity
Series B
$14.3M
Sep 26, 2018
PharmEasy
Series C
$50M
Apr 27, 2018
IntrCity
Series B
$8M
Apr 27, 2018
RailYatri
Series B
$8M
Sep 19, 2017
Power2SME
Series E
$26M
Jul 11, 2017
ThePrint
Venture Round
₹450M
Jul 1, 2017
Felis Creations
Angel Round
₹5.5M
Dec 26, 2016
ShopX
Venture Round
$5M
Oct 19, 2016
IntrCity
Venture Round
$3M
Nandan Nilekani – Books
Imagining India: The Idea of a Renewed Nation
Rebooting India: Realizing a Billion Aspirations
Nilekani co-authored his third book with Tanuj Bhojwani, “The Art of Bitfulness: Keeping calm in the digital world” which was released in January 2022.
Doctor of Science (Honoris Causa) by IIT Bombay during the Institute’s 57th Convocation
2017
Lifetime Achievement Award from E & Y, CNBC- TV 18 conferred India Business leader award for the outstanding contributor to the Indian Economy-2017, and India Today magazine ranked him 12th in India’s 50 most powerful people of 2017 list
2011
NDTV Indian of the Year’s Transformational Idea of the Year Award, and Doctor of Law degree by the Rotman School of Management at the University of Toronto
2009
‘Legend in Leadership Award’ by the Yale University, and the Time magazine placed Nilekani in the Time 100 list of ‘World’s Most Influential People’
2006
Padma Bhushan, and Businessman of the Year by Forbes Asia
2005
Joseph Schumpeter Prize for innovative services in the economy, economic sciences and politics
2004
Corporate Citizen of the Year at the Asia Business Leaders Award (2004) organised by CNBC
FAQs
Is Nandan Nikaleni still with Infosys?
Nandan Nikaleni is the Non-executive chairman of Infosys.
What is the net worth of Nandan Nikaleni?
The net worth of Nandan Nikaleni is $3.4 billion (September 2024).
What are Nandan Nilekani’s education qualifications?
Nandan Nilekani is a graduate of the Indian Institute of Technology Bombay in Mumbai with a bachelor’s degree in electrical engineering.
What is Nandan Nilekani age?
The age of Nandan Nilekani is 69 years, he was born on June 2, 1955.
Infosys, the second-largest IT services company in India, has already acquired two companies this year and is searching for more. The company has stated that a large-scale acquisition similar to its previous in-tech purchase is definitely within the range of possibility.
Infosys CEO Salil Parekh recently spoke with a news agency, where he stated the company’s interest in data analytics and software as a service (SaaS) acquisitions, as well as potential exploration of certain European and American regions.
“Absolutely, I think those would be the size that we will look at in terms of scale, and given our structure we could do a few of those.” Parekh was asked if future acquisitions of the same scale could be considered, about the 450 million euros paid for in-tech.
Recent Acquisition by Infosys
A semiconductor design services company based in India, InSemi Technology Services, was acquired by Infosys in January for a consideration of up to INR 280 crore (including earn-outs, management incentives, and retention bonuses).
After that, three months later, there was a larger purchase. The German subsidiary of Infosys, Infosys Germany, has agreed to buy out in-tech Holding, a market leader in engineering research and development services, for a maximum consideration of 450 million euros, or approximately INR 4,045 crore, in April. In-tech Holding is based in Germany.
“We feel very good about expanding that footprint”, Parekh said, “because we already have a very good business in engineering services within Infosys and because we acquired two other companies that were also in the engineering services industry. One of these companies was focused on semiconductors and the other on automotive,” he added.
Expansion in Other Areas
Infosys is presently assessing other companies with a view to making more acquisitions. With a healthy balance sheet and healthy cash creation, the company is now at ease integrating acquisitions across multiple regions. The company has previously provided engineering services and is currently expanding into new sectors, such as data analytics, software as a service (SaaS), and possibly even other European and American locales.
The integration factors, cultural compatibility, financial cost, and strategic synergy, according to Parekh, are crucial.
“We have items in the works that are usually in the pipeline, but they move at their own pace. Before we can decide how to integrate them, we have to figure out whether they are a good strategic match, how much they will cost, and whether they will fit in with our company’s culture. We will have to wait and see what comes out of all these negotiations”, Infosys stated in a press statement.
