Friday, August 1, 2008

Incentive

There are many reasons for multi-national enterprises to locate to other countries. One reason is to escape trade tariffs. For example, the decision made by Toyota to produce in the UK was almost certainly to gain access to the European markets without having to pay tariffs. Other MNCs may be seeking the lowest cost location for their production facilities, or be attracted by an abundance of skilled or cheap labour. Other businesses may want to reach foreign markets more effectively; for example Marks & Spencer, Laura Ashley and The Body Shop. Avoiding transport cost is not really an incentive because transportation costs, at least on a large scale, are generally relatively cheap relative to the price of the product. Only heavy or large products may need to be produced in the market they are intended to sell in, products such as building materials.

Multinational corporation

Multinational corporation (or transnational corporation) (MNC/TNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. Very large multinationals have budgets that exceed those of many countries. Multinational corporations can have a powerful influence in international relations and local economies. Multinational corporations play an important role in globalization; some argue that a new form of MNC is evolving in response to globalization: the 'globally integrated enterprise'.


Mission

THE MISSION OF THE IT HISTORY SOCIETY is to enhance and expand works concerning the history of Information Technology and to demonstrate the value of IT history to the understanding and improvement of our present and future world.

Projects we support and encourage include historical research, archival acquisitions, archival processing, historical writing, writing of educational material, public lectures, workshops, conferences, educational courses, short stories, novels, films, plays, exhibits, museums, web pages, and other activities that feature IT history as a topic.

IT history includes the creation of this technology and the underlying science; its use; its impact on people, society, and the world; and the people and institutions involved, from antiquity to the present day.

Information technology

Information technology (IT), as defined by the Information Technology Association of America (ITAA), is "the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware." IT deals with the use of electronic computers and computer software to convert, store, protect, process, transmit, and securely retrieve information.

Today, the term information technology has ballooned to encompass many aspects of computing and technology, and the term is more recognizable than ever before. The information technology umbrella can be quite large, covering many fields. IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. A few of the duties that IT professionals perform may include data management, networking, engineering computer hardware, database and software design, as well as the management and administration of entire systems. When computer and communications technologies are combined, the result is information technology, or "infotech". Information Technology (IT) is a general term that describes any technology that helps to produce, manipulate, store, communicate, and/or disseminate information. Presumably, when speaking of Information Technology (IT) as a whole, it is noted that the use of computers and information are associated.

Key industries

Infosys serves various industries through its Industrial Business Units (IBU), such as:

  • Banking & Capital Markets (BCM)
  • Communications Media and Entertainment (CME)
  • Aerospace & Avionics
  • Energy, Utilities and Services (EUS)
  • Insurance, Healthcare and Life Sciences (IHL)
  • Manufacturing (MFG)
  • Retail, Consumer Product Goods and Logistics (RETL)
  • New Growth Engines (NGE)
  • India Business Unit (IND)

In addition to these, there are Horizontal Business Units (HBUs)

  • Consulting
  • Enterprise Solutions (ES) (ESAP & ESX)
  • Infrastructure Management Services (IMS)
  • Product Engineering and Validation Services (PEVS)
  • Systems Integration (SI)

Infosys Some Wallpapers

Infosys Bangalore Campus


Infosys Mysore campus
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Infosys Pune Food Court
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Infosys, Pune DC, Under
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SDB 2, One of the first buildings
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Initiatives

In 1996, Infosys created the Infosys Foundation in the state of Karnataka, operating in the areas of health care, social rehabilitation and rural uplift, education, arts and culture. Since then, this foundation has spread to the Indian states of Tamil Nadu, Andhra Pradesh, Maharashtra, Orissa and Punjab. The Infosys Foundation is headed by Mrs. Sudha Murthy, wife of Chairman Narayana Murthy.

Since 2004, Infosys has embarked on a series of initiatives to consolidate and formalize its academic relationships worldwide under the umbrella of a program called AcE - Academic Entente. Through case study writing, participation in academic conferences and university events, research collaborations, hosting study trips to Infosys Development Centers and running the InStep Global Internship Program, the company communicates with important stakeholders in the academia.

Infosys' Global Internship Program, known as InStep, is one of the key components of the Academic Entente initiative. It offers live projects to interns from the universities around the world. InStep recruits undergraduate, graduate and PhD students from business, technology, and liberal arts universities to take part in an 8 to 24 week internship at one of Infosys' global offices. InStep interns are also provided career opportunities with Infosys.

In 1997 Infosys started the "Catch them Young Programme", to expose the urban youth to the world of Information Technology by conducting a summer vacation programme. The programme is aimed at developing an interest and understanding of computer science and information technology. This programme is targeted at students in Grade IX level

Research

One of the major initiatives taken by Infosys in terms of research was to develop a corporate R&D wing called Software Engineering and Technology Labs (SETLabs). SETLabs was founded in 2000 to carry out applied research for the development of processes, frameworks and methodologies to effectively capture customer requirements and to iron out common critical issues during a project lifecycle.

Infosys publishes a peer-reviewed quarterly journal called SETLabs Briefings which has articles written by the researchers at SETLabs on various current and future business-transforming technology management themes. Infosys has an RFID and Pervasive Computing Technology practice which is providing RFID and wireless services to clients.Infosys along with Motorola developed an RFID interactive mirror for Paxar.

History

Infosys was founded on July 2, 1981 in Pune by N. R. Narayana Murthy and six others: Nandan Nilekani, N. S. Raghavan, Kris Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arorawith Raghavan officially being the first employee of the company. Murthy started the company by borrowing INR 10,000 from his wife Sudha Murthy. The company was incorporated as "Infosys Consultants Pvt Ltd.", with Raghavan's house in Matunga, north-central Mumbai as the registered office.

In 2001 it was rated "Best Employer in India" by Business Today,. Infosys won the Global MAKE (Most Admired Knowledge Enterprises) award, for the years 2003, 2004 and 2005, being the only Indian company to win this award and is inducted into the Global Hall of Fame for the same.

Infosys

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Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is a multinational information technology services company headquartered in Bengaluru, India. It is one of India's largest IT companies with over 94,379 professionals(including subsideries) as of June 30, 2008. It has nine development centers in India and over 30 offices worldwide. Its annual revenues for the fiscal year 2007-2008 exceeded US$4 billion with a market capitalization of over US$30 billion.