Introduction

Infosys Technologies Ltd. (NASDAQ: INFY) provides consulting and IT services to clients globally. With 39,806 employees worldwide, it uses a low-risk Global Delivery Model (GDM) to accelerate schedules with a high degree of time and cost predictability. Established in 1981 in India, Infosys set up its first international office in 1987. In 1983, it received the ISO 9001/TickIT certification and two years later, set up development centers across cities in India. Infosys reached the $ 100 million mark in annual revenue in 1999 and the same year also got listed on the NASDAQ, becoming the first India-registered company to do so. In 2004, Infosys crossed the billion dollar mark (in annual revenue). Infosys provides a wide range of services like Outsourced Application and Infrastructure Services, Enterprise Services, Product R&D Services and Consulting Services.