Ajay Kumar at 21:48, 23 July 2023

2023-07-23T21:48:57Z

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{{Infobox company
| name = Infosys Consulting
| logo = Infosys Consulting logo.svg
| caption =
| genre =
| foundation = {{start date and age|2004}}.<ref>{{cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=25835311|title=Bloomberg Snapshot: Infosys Consulting |publisher= Bloomberg|access-date=3 February 2017}}</ref>
| founder =
| location_city = [[London]]
| location_country = [[United Kingdom]]
| location = 
| key_people = Andrew Duncan<br />(CEO & Managing Partner)<ref>cite web |url=https://www.infosys.com/services/consulting/leadership.html</ref>
| area_served = Globe
| industry = Management Consulting Services
| products = Automotive, Consumer Packaged Goods, Energy, Financial Services, Healthcare, High-Tech, Industrial Manufacturing, Insurance, Life Sciences, Retail, Telecommunication and Utilities Services, Resources
| services = Enterprise Change, Enterprise Design, Enterprise Insights<ref>{{cite web |url=https://www.infosys.com/consulting/offerings/ |title= Infosys Service Offerings|publisher= Infosys|access-date=3 February 2017}}</ref>
| revenue =
| operating_income =
| net_income =
| num_employees = Estimated 6,100 in 2015<ref>{{cite web |url=http://www.livemint.com/Companies/4LfVsa2ddSvjTaKYrLUPVI/Infosys-revamps-its-consulting-business.html |title= Infosys revamps its consulting business|publisher= LiveMint|access-date=16 February 2017}}</ref>
| parent = [[Infosys]]
| divisions =
| subsid =
| owner =
| homepage = [https://www.infosys.com/consulting/ infosys.com/consulting]
| dissolved =
| footnotes =
}}
'''Infosys Consulting''' is a [[management consulting]], [[IT consulting]] practice within the larger [[Infosys]] organization which works in strategy, IT transformation, [[change management]] and [[business analytics]]. Infosys Consulting operates globally and currently has offices in 18 countries across the Americas, Asia Pacific and Europe. The firm was officially launched in 2004 as a fully owned subsidiary of [[Infosys]] chaired by [[N. R. Narayana Murthy]], one of the co-founders of Infosys.<ref>{{cite web|url=http://mybtechlife.com/the-list-of-great-entrepreneurs-in-india-2015/|title=The List of Great Entrepreneurs of India in 2015|work=MyBTechLife|author=Srikar Muthyala|publisher=My Tech Life|date=29 September 2015|url-status=dead|archive-url=https://web.archive.org/web/20160114000446/http://mybtechlife.com/the-list-of-great-entrepreneurs-in-india-2015/|archive-date=14 January 2016}}</ref><ref>{{cite web |url=http://fortune.com/2016/03/15/former-ibm-watson-exec-starts-an-ai-firm-of-his-own/|title= Former IBM Watson Exec Starts an AI Firm of His Own| publisher = Fortune|access-date=3 February 2017}}</ref> For quarter-end March, 2016 Infosys Consulting and Package Implementation were reported as 33.2% of the whole of Infosys' revenue,<ref>{{cite web|url=https://www.infosys.com/investors/reports-filings/quarterly-results/2015-2016/q4/Documents/fact-sheet.pdf/|title=Consolidated Financial Data - Fourth Quarter, Fiscal 2016|publisher=Infosys|access-date=3 February 2017|archive-date=27 September 2021|archive-url=https://web.archive.org/web/20210927062549/https://www.infosys.com/investors/reports-filings/quarterly-results/2015-2016/q4/documents/fact-sheet.pdf|url-status=dead}}</ref> contributing to the reported earnings of 23 cents a share on revenue of $2.4 billion that December for [[Infosys]].<ref>{{cite web|url=http://www.investopedia.com/articles/investing/011516/infosys-results-affirm-its-consulting-prowess.asp|title=Infosys Results Affirm its Consulting Prowess|publisher=Investopedia|access-date=21 February 2017|archive-date=14 November 2016|archive-url=https://web.archive.org/web/20161114043458/http://www.investopedia.com/articles/investing/011516/infosys-results-affirm-its-consulting-prowess.asp|url-status=dead}}</ref>

==History==
At its initial launch in 2004, Infosys Consulting focused on recruitment in the United States to launch programs in a [[Global delivery model]].<ref>{{cite web |url=https://www.gartner.com/doc/430317/infosys-looks-local-talent-consulting|title= Infosys Looks to Local Talent for U.S. Consulting Business|publisher= Gartner|access-date=20 February 2017}}</ref><ref>{{cite web |url=http://mba.tuck.dartmouth.edu/pages/faculty/chris.trimble/osi/downloads/Infosys_Consulting_2-0022-11.2007.pdf|title= Case Study: Infosys Consulting|publisher= Tuck School of Business at Dartmouth|access-date=26 April 2017}}</ref>

In 2012, Infosys acquired [[Lodestone Management Consultants]], based out of [[Zürich|Zurich]], [[Switzerland]] for $350m USD.<ref>{{cite web |url=http://www.forbesindia.com/blog/technology/today-in-tech-lodestone-acquisition-tcs-infosys-labor-unions-in-it-firms-shibulal-on-strategy/ |work= Forbes|title= Today in Tech: Lodestone Acquisition - TCS, Infosys & Cognizant; Labor Unions in IT firms; Shibulal on strategy|access-date=22 February 2017}}</ref> Lodestone increased the Infosys Consulting client base by nearly 200 companies across different industry segments, and at the time of acquisition, Infosys’ consulting and systems-integration business contributed to 31% of total revenue.<ref>{{cite web |url=http://www.thehindu.com/business/infosys-acquires-swiss-firm-lodestone-for-rs1925-crore/article3880535.ece|title= Infosys Acquires Swiss Firm Lodestone for rs.1925 Crore|work= The Hindu|access-date=22 February 2017}}</ref> The acquisition brought on 850 new employees, with 750 being front-line consulting delivery professionals.<ref>{{cite web |url=https://www.forbes.com/sites/raywang/2012/09/10/news-analysis-infosys-buys-lodestone-for-350m/|title=News Analysis: Infosys Buys Lodestone for $350m|work= Forbes|access-date=22 February 2017}}</ref>

In 2015, Infosys Ltd decided to integrate Lodestone, at the time a subsidiary of Infosys, and the Management Consulting Services unit into the singular Infosys Consulting unit that resides within Infosys Limited.<ref>{{cite web |url=http://www.livemint.com/Companies/4LfVsa2ddSvjTaKYrLUPVI/Infosys-revamps-its-consulting-business.html|title=Infosys Revamps its Consulting Business|publisher= LiveMint|access-date=22 February 2017}}</ref><ref>{{cite web |url=http://www.forbesindia.com/article/special/infosys-consolidates-consulting-business/39785/1|title= Infosys Consolidates Consulting Business|work= Forbes India|access-date=22 February 2017}}</ref>

In 2015, Infosys acquired [http://www.noah-consulting.com/ Noah Consulting LLC] for $70m USD.<ref>{{cite web |url=http://www.ibtimes.com/indias-infosys-acquire-oil-consultancy-noah-consulting-deal-worth-70-million-2145988|title= India's Infosys to Acquire Oil Consultancy Noah Consulting in Deal Worth 70mn|work= International Business Times|access-date=22 February 2017}}</ref> Noah Consulting is based out of [[Houston|Houston, TX]] and primarily serves customers in the oil and gas industry, providing information and technology services. As of September 2017, it was unclear whether the brand would be a subsidiary or merged into the larger Infosys Consulting.<ref>{{cite web |url=http://www.firstpost.com/business/noah-is-infosys-third-acquisition-this-year-10-things-you-need-to-know-about-the-deal-2474096.html|title= Noah is Infosys' 3rd Acquisition this Year: 10 Things You Need to Know|publisher= First Post|access-date=22 February 2017}}</ref><ref>{{cite web |url=http://www.bizjournals.com/houston/news/2015/10/20/fast-growing-energy-focused-consultancy-scooped-up.html|title= Fast-growing energy-focused consultancy scooped up by Indian company for millions|publisher= Houston Business Journal|access-date=22 February 2017}}</ref>

After three-years as interim CEO of [[Infosys]], Dr. [[Vishal Sikka]] resigned in August 2017. In a personal note to board colleagues,<ref>{{cite web|title=Why Vishal Sikka quit as Infosys MD: Full text of his resignation letter |url=http://economictimes.indiatimes.com/markets/stocks/news/full-text-vishal-sikkas-resignation-letter/articleshow/60113647.cms|agency=Economic Times|publisher=economictimes.indiatimes.com|access-date=6 Sep 2017}}</ref> he cited a 'drumbeat of distractions' and "false, baseless, malicious and increasingly personal attacks" as his reason for leaving Infosys.<ref>{{cite web|title=Infosys chief executive Vishal Sikka resigns |url=https://www.bbc.com/news/business-40971432|agency=BBC|publisher=BBC|access-date=6 Sep 2017}}</ref> Anonymous employees of the company were quoted in the press as saying that this was due to a long-running feud with Infosys' founders over the new direction Sikka was reportedly taking Infosys.<ref>{{cite web|title= Infosys CEO Vishal Sikka Resigns, Blames 'Drumbeat of Distractions' |url= https://www.cnbc.com/2017/08/18/infosys-ceo-vishal-sikka-resigns-blames-drumbeat-of-distractions.html|publisher= CNBC|access-date=6 Sep 2017}}</ref><ref>{{cite web|title=Infosys says Vishal Sikka Resigns as CEO, becomes Vice Chairman |url= https://www.bloomberg.com/news/articles/2017-08-18/infosys-says-vishal-sikka-resigns-as-ceo-becomes-vice-chairman|publisher= Bloomberg Technology|access-date=6 Sep 2017}}</ref><ref>{{cite web|title= Infosys CEO Resigns after Long Running Feud with Founders|url= https://www.reuters.com/article/us-infosys-ceo/infosys-ceo-resigns-after-long-running-feud-with-founders-idUSKCN1AY0DH|publisher= Reuters|access-date=6 Sep 2017}}</ref> The current director and CEO is [[Salil Parekh]], former executive at [[Capgemini]] business consultancy.<ref>{{cite web|title= Infosys looks to reboot under new CEO Salil Parekh after stormy 2017 |url= //economictimes.indiatimes.com/articleshow/62229430.cms|publisher= The Economic Times|access-date=17 Jan 2018}}</ref>

In 2020, Infosys made an alliance with Avaloq to improve wealth management capability across digital channels.<ref>{{Cite web|title=Infosys : and Avaloq Partner to Strengthen Wealth Management Capabilities through Digital Platforms|url=https://www.marketscreener.com/INFOSYS-LIMITED-9743342/news/Infosys-and-Avaloq-Partner-to-Strengthen-Wealth-Management-Capabilities-through-Digital-Platforms-30670903/|date=26 May 2020|website=Market Screener|access-date=27 May 2020}}</ref>

== See also ==
* [[Information technology consulting]]
* [[Management consulting]]
* [[Outline of consulting]]

== References ==

{{Reflist}}

== External links ==
* [http://www.infosysconsultinginsights.com www.infosysconsultinginsights.com]
* [https://www.infosys.com/consulting/ www.infosys.com/consulting]

{{Infosys}}
{{Consulting}}
{{Authority control}}

{{DEFAULTSORT:Infosys Consulting}}
[[Category:Infosys]]
[[Category:Information technology consulting firms of India]]
[[Category:International information technology consulting firms]]
[[Category:Outsourcing companies]]
[[Category:Outsourcing in India]]
[[Category:Indian brands]]
[[Category:Strategy consulting firms]]

Infosys Consulting - Revision history

Ajay Kumar at 21:48, 23 July 2023