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Infosys Narayana Murthy The magazine honours IT czar Narayana Murthy. Noting that from a Bombay bedsit, Murthy launched an economic revolution, it says, "His wildly successful company had laid the groundwork for the business process – outsourcing - that defines globalisation in action". Infosys showed that, with modern communication networks, it was possible for well-educated, low-cost Indian labourers to take on some of the office grunt work, such as software programming, needed by the West's corporations. The result: enormous cost savings for companies across Europe and the US and unheard-of employment opportunities in the developing world, the magazine notes. Uploaded by prasad1961 (5115) • 4 years ago Tags: india, magazine, employment opportunities prasad1961 (5115)

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