New Delhi: India’s IT industry which grew from nothing to $100 billion in 20 years ago, is perceived to be passing through a tough phase given the declining margins amid global economic uncertainty. The IT and allied services sector, has gained scale and prominence through on-time project delivery, deep domain knowledge, and solidified reputation for delivery of complex business-centric IT projects.
The Indian IT industry has achieved a phenomenal growth of an estimated $ 108 billion in 2013 from an $8 billion in 2000. The industry took advantage of the vast pool of highly skilled resources available at low cost, and rode on the wave of application development and BPM services to spread its wings.
According to a CII report, newer technologies such as social media, analytics and cloud computing (SMAC) will help India’s IT-BPO industry cross $225-billion-mark in revenues by 2020.
Wondering which are the best IT companies? Here is the list:
The Indian IT industry has achieved a phenomenal growth of an estimated $ 108 billion in 2013 from an $8 billion in 2000. The industry took advantage of the vast pool of highly skilled resources available at low cost, and rode on the wave of application development and BPM services to spread its wings.
According to a CII report, newer technologies such as social media, analytics and cloud computing (SMAC) will help India’s IT-BPO industry cross $225-billion-mark in revenues by 2020.
Wondering which are the best IT companies? Here is the list:
1. TCS
Revenue: 48426.14 Cr
Tata Consultancy Services (TCS) is one of the largest provider of information technology (IT) services, business solutions and consulting company headquartered in Mumbai. At present, TCS has about 2,76,000 employees across the globe. After the recent rally in its stock price, Tata Consultancy Services (TCS) is now the world’s second-most-valuable IT services company — ahead of Accenture and Hewlett-Packard but behind IBM.
The Indian firm is currently valued at around $60 billion, compared with Accenture’s $50.5 billion and HP’s $43 billion. TCS, which accounted for nearly 47 per cent of the IT industry’s combined market cap and nearly four-fifths of the total net profit of listed IT companies on the BSE-500 index last financial year, is miles ahead of its Indian peers. Five years ago, the company accounted for 28 per cent of the total market capitalisation of the IT industry. Analysts attribute TCS’ success to its execution capability and its wide presence in key geographies.
Revenue: 48426.14 Cr
Tata Consultancy Services (TCS) is one of the largest provider of information technology (IT) services, business solutions and consulting company headquartered in Mumbai. At present, TCS has about 2,76,000 employees across the globe. After the recent rally in its stock price, Tata Consultancy Services (TCS) is now the world’s second-most-valuable IT services company — ahead of Accenture and Hewlett-Packard but behind IBM.
The Indian firm is currently valued at around $60 billion, compared with Accenture’s $50.5 billion and HP’s $43 billion. TCS, which accounted for nearly 47 per cent of the IT industry’s combined market cap and nearly four-fifths of the total net profit of listed IT companies on the BSE-500 index last financial year, is miles ahead of its Indian peers. Five years ago, the company accounted for 28 per cent of the total market capitalisation of the IT industry. Analysts attribute TCS’ success to its execution capability and its wide presence in key geographies.
2. Infosys
Revenue: 36765 Cr
Founded in 1981 by Narayan Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora, Infosys today is a household name and one of the biggest brands in the field of IT. It is headquartered in Bangalore, India.
It employs 155000 people across India and the world. As of march 2013, Infosys had $30.8 billion market capitalization and is India's sixth largest publicly traded company that provides IT solution, software engineering and outsourcing services.
Revenue: 36765 Cr
Founded in 1981 by Narayan Murthy, Nandan Nilekani, N. S. Raghavan, S. Gopalakrishnan, S. D. Shibulal, K. Dinesh and Ashok Arora, Infosys today is a household name and one of the biggest brands in the field of IT. It is headquartered in Bangalore, India.
It employs 155000 people across India and the world. As of march 2013, Infosys had $30.8 billion market capitalization and is India's sixth largest publicly traded company that provides IT solution, software engineering and outsourcing services.
3. Wipro
Revenue: 31682 Cr
Bangalore-based Wipro is India's third largest software provider Wipro, The company has over 145,000 people across the world who are serving over 900 clients.
It has presence in 53 countries and offer services such as Systems Integration, Consulting, Information Systems outsourcing, IT-enabled services, and R&D services.
Revenue: 31682 Cr
Bangalore-based Wipro is India's third largest software provider Wipro, The company has over 145,000 people across the world who are serving over 900 clients.
It has presence in 53 countries and offer services such as Systems Integration, Consulting, Information Systems outsourcing, IT-enabled services, and R&D services.
4. HCL Technologies
Revenue: 8907 Cr
Global IT service major offers services like software-led IT solutions, remote infrastructure management, engineering and R&D services, and business process outsourcing (BPO).
HCL is spread across 31 countries with about 90,000 employees across the world. Anant Gupta is currently serving as the president and CEO of HCL technologies.
Revenue: 8907 Cr
Global IT service major offers services like software-led IT solutions, remote infrastructure management, engineering and R&D services, and business process outsourcing (BPO).
HCL is spread across 31 countries with about 90,000 employees across the world. Anant Gupta is currently serving as the president and CEO of HCL technologies.
5. Mahindra Satyam
Revenue: 5964 Cr
Mahindra Satyam offers services such as software development, system maintenance, packaged software integration and engineering design services.
In 2013, Mumbai-based Mahindra Satyam was merged with Tech Mahindra.
Revenue: 5964 Cr
Mahindra Satyam offers services such as software development, system maintenance, packaged software integration and engineering design services.
In 2013, Mumbai-based Mahindra Satyam was merged with Tech Mahindra.
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