Infosys Consulting is a management consulting, IT consulting practice within the larger Infosys organization which works in strategy, IT transformation, change management and business analytics. 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 Infosys chaired by N. R. Narayana Murthy, one of the co-founders of Infosys.[5][6] For quarter-end March 2016 Infosys Consulting and Package Implementation were reported as 33.2% of the whole of Infosys' revenue,[7] contributing to the reported earnings of 23 cents a share on revenue of $2.4 billion that December for Infosys.[8]