N. R. Narayana Murthy co-founder of infosys technologics ltd.His is one of the
most inspiring stories.
Being born with a wooden spoon in his mouthdid not deter him from pursuing his dreams. Today, he is counted among one of the greatest entrepreneurs of all time and has been an inspiration for many to chase their dreams and make it big. But nothing came easy for him. He had to work extremely hard and brave innumerable challenges to be successful. Co-founder of Infosys Technologies Ltd. (a multinational corporation in India), N. R. Narayana Murthy is larger than life and has made his way to glory through sheer hard work,
perseverance. He was the
chief executive officer ceo,
chief mentor of the company
before retiring and taking the title of chairman emeritus.
Early LifeBorn in Shidlaghatta,
district of karnatakato lower-middle-class parents, Mr. Nagavara Ramarao Narayana Murthy always wanted to pursue engineering though his father wanted him to be a civil servant. He cleared the IIT entrance exam but
due to financial constraints, he joined a local engineering college (
NIE Mysore) where he studied Bachelor of Electrical Engineering. He went on to complete his M.Tech from the Indian Institute of Technology Kanpur.
telco, Air India, etc. He worked on India’s first time-sharing computer system and also designed and implemented a BASIC interpreter for Electronics Corporation of India Limited.
Always wanting to be an entrepreneur, he started a company,
softronicsbut it failed. He joined Patni Computers, Mumbai as
general manager in 1977.
Beginning of a New DawnIn 1981,
Mr Murthyfounded Infosys. The company today is a highly innovative software services global company listed on NYSE in the US and on the
Bombay Stock Exchange in Mumbai. Mr. Murthy
articulated, and implemented the Global Delivery Model (GDM) which has become the backbone of the
indian software industry. GDM is based on collaborative distributed
software development principlesand has resulted in the delivery of superior quality software to global customers delivered on time and within budget. Mr. Murthy also introduced the concept of a 24-hour workday, to the world.
Under his leadership, Infosys became the leader in innovation, be it
software technology, quality,
employee satisfaction, or physical and technological infrastructure. The
Indian government’sdecisive move toward
economic liberalizationand deregulation in the 1990s contributed to dramatic growth in the country’s technology and
computer sectors. Taking advantage of the
government’s decision, Mr. Murthy aggressively expanded his company’s services and
client base, taking his business overseas with
systems integration, software development, and
product engineering services. In 1999, Infosys joined NASDAQ, becoming the
first indian companyto be listed on an
american stock exchange.
In April 2004, the
posted $1.06 billion in total annual revenuesan astonishing 33 percent increase in revenues over the previous
fiscal year. The
company’s growthwas all the more remarkable because it came in the midst of a global downturn in the
information technology industry.
After being the CEO for 21 years, he stepped down in 2002 and gave his post to
nandan nilekani. Mr. Murthy
was chairman of the board till 2006. He became the chief mentor and in 2011, he assumed the post of Chairman Emeritus. When Murthy retired in 2006, he left behind a company with some 70,000 employees and $3 billion a year in revenues. His wife,
well known author, has been a pillar of support for Mr. Murthy.
He has served as a member of the boards of various well-known universities in the US like Cornell University, Wharton School, the Graduate School of Business at Stanford University, and the Rhodes Trust at Oxford. He was the Chairman of the Indian Institute of Management (Ahmedabad), the #1 business school in India, and the Public Health Foundation of India (PHFI).
He has also served on the international advisory boards of Yale University, University of Illinois at Urbana-Champaign, William F. Achtmeyer Center for Global Leadership at the Tuck School of Business, Singapore Management University INSEAD, Asian Institute of Technology (Bangkok), the Indian School of Business (Hyderabad), and the International Institute of Information Technology, Bengaluru.
He is a Trustee of the Infosys Science Foundation, which governs the Infosys Prize, an annual award, to honor the outstanding achievements of researchers and scientists.
A Hindi film about his life is in the pipeline. Not born with a silver spoon in his mouth, he went on to become a global icon. Overcoming all the odds through hard work and self-belief and creating a remarkable benchmark, Mr. Murthy is a legend in his own right. Global India Business Forum salutes the indomitable spirit of this legend. This article is a humble token of appreciation and respect for Mr. Murthy.