Infosys Consulting is a

management consulting Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...

IT consulting In management, information technology consulting (also called IT consulting, computer consultancy, business and technology services, computing consultancy, technology consulting, and IT advisory) is a field of activity which focuses on advising or ...

practice within the larger

Infosys Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the ...

organization which works in strategy, IT transformation,

change management Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change. It includes methods that redirect or redefine the use o ...

and

business analytics Business analytics (BA) refers to the skills, technologies, and practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing n ...

. 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

chaired by

N. R. Narayana Murthy Nāgavārā Rāmarāo Nārāyana Mūrthy (born 21 August 1946) is an Indian billionaire businessman. He is the founder of Infosys, and has been the chairman, chief executive officer (CEO), president, and chief mentor of the company before ret ...

, one of the co-founders of Infosys. For quarter-end March, 2016 Infosys Consulting and Package Implementation were reported as 33.2% of the whole of Infosys' revenue, contributing to the reported earnings of 23 cents a share on revenue of $2.4 billion that December for

History

At its initial launch in 2004, Infosys Consulting focused on recruitment in the United States to launch programs in a Global delivery model. In 2012, Infosys acquired Lodestone Management Consultants, based out of Zurich, Switzerland for $350m USD. 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. The acquisition brought on 850 new employees, with 750 being front-line consulting delivery professionals. 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. In 2015, Infosys acquire
Noah Consulting LLC
for $70m USD. Noah Consulting is based out of

Houston, TX Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 i ...

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. After three-years as interim CEO of

, Dr. Vishal Sikka resigned in August 2017. In a personal note to board colleagues, he cited a 'drumbeat of distractions' and "false, baseless, malicious and increasingly personal attacks" as his reason for leaving Infosys. 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. The current director and CEO is Salil Parekh, former executive at

Capgemini Capgemini SE is a multinational information technology (IT) services and consulting company, headquartered in Paris, France. History Capgemini was founded by Serge Kampf in 1967 as an enterprise management and data processing company. The com ...

business consultancy. In 2020, Infosys made an alliance with Avaloq to improve wealth management capability across digital channels.

References

External links

www.infosysconsultinginsights.com

www.infosys.com/consulting
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