Infosys inducted into Global MAKE Hall of Fame
Awarded Global MAKE Award for the third consecutive year for transforming enterprise knowledge into shareholder value
Bangalore, November 21, 2005: Infosys Technologies (NASDAQ:INFY) today announced that it is the first Indian company to be inducted into the Global Most Admired Knowledge Enterprises (MAKE) Hall of Fame. Infosys features among 22 other global organizations including Dell, General Electric (GE), Hewlett Packard (HP), Accenture, IBM and Microsoft. Infosys has been recognized for its organizational learning and for transforming enterprise knowledge into shareholder value. It is also the first and only Indian company to win the Global MAKE award for the third consecutive year.
The 2005 Global MAKE Winners were recognized by a panel of senior Global Fortune 500 executives and internationally recognized knowledge management experts as leaders in:
- Creating a corporate knowledge-driven culture
- Developing knowledge workers through senior management leadership
- Delivering knowledge-based products/solutions
- Maximizing enterprise intellectual capital
- Creating an environment for collaborative knowledge sharing
- Creating a learning organization
- Delivering value based on customer knowledge
- Transforming enterprise knowledge into shareholder value
The award stands as a testimony to clients, emphasizing the strength of their partner. The 2005 Global MAKE award winners offer long-term potential due to their intellectual capital-driven wealth creation. A total of 10 Global MAKE Winners rank among the global top 100 companies by market capitalization. Similarly, for the publicly traded 2005 Global MAKE Winners, return on assets was nearly four times that of the Global Fortune 500 company median. Infosys Technologies ranked among the highest in this category.
Acknowledging the award, Nandan M Nilekani, CEO, President and MD, Infosys Technologies said, "At Infosys, Knowledge Management (KM) is central to a core strategy of providing differentiated value to customers and enabling their business growth. KM has helped us develop a pervasive culture of beneficent knowledge exchange across geographies. We are therefore extremely delighted to be ranked among the world's Most Admired Knowledge Enterprises and to be inducted into the Global MAKE Hall of Fame."
Rory Chase, Managing Director of Teleos, which administers the MAKE program, said: "The Global MAKE Winners are effectively transforming enterprise knowledge into wealth-creating ideas, products and solutions. They are building portfolios of intellectual capital and intangible assets which will enable them to out-perform their competitors in the future. "
Commenting on the award, Dr. J.K. Suresh, Principal Knowledge Manager, Infosys Technologies Limited, said, "At Infosys, we consider KM as a powerful medium for creating sustainable networks of people across intra-organizational boundaries. It also provides a symbolism for aligning individual initiative and creativity with organizational growth.