Over 100,000 Engineering Graduates Trained Since Inception
Mysore, India - May 31, 2012
Infosys, a global leader in consulting and technology, is celebrating a decade of its Foundation Programme, a training programme for entry level engineering graduates at the Infosys Global Education Center, one of the world's largest corporate universities located in Mysore. This is a 23-week residential training programme designed to aid students' transition from the academic world to the corporate world, as qualified professionals. The programme is focused on imparting generic and stream-specific training in various technology areas, along with soft skills and leadership programmes, to engineering graduates who join Infosys every year.
The Infosys Foundation Programme at Mysore had small beginnings in May, 2002 with 50 trainees, one trainer, one classroom and a vision to develop a world-class training facility, committed to imparting knowledge, sharing best practices and building intellectual capital for the future. Today, delivered at the Global Education Center, among other training modules, the programme has grown in scale and can train close to 15,000 trainees concurrently. To date over 100,000 entry-level engineering graduates have successfully completed the Foundation Programme conducted by the Center.
Speaking on the occasion, Kris Gopalakrishnan, Executive Co-Chairman said, "We have always recognized the significance of continuous learning for the development of individuals, our company and the country as a whole. In our ongoing endeavor to build intellectual capital for the future, Infosys will continue to focus on developing its workforce through corporate training initiatives.”
With 1.4 million square feet of floor space, the Global Education Center has 500 instructors and 200 classrooms. Recognized as the world's largest corporate university, the Global Education Center embraces international benchmarks, initiatives and values at its core. Infosys corporate education and training initiatives have been recognized globally by the American Society for Training and Development and Independent research firm, Forrester.
Many of the world’s most successful organizations rely on the 150,000 people of Infosys to deliver measurable business value. Infosys provides business consulting, technology, engineering and outsourcing services to help clients in over 30 countries build tomorrow’s enterprise. For more information about Infosys (NASDAQ: INFY), visit www.infosys.com
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2012 and on Form 6-K for the quarter ended June 30, 2011 September 30, 2011 and December 31, 2011.These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
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