Gartner today released report on the performance of top 5 Indian IT / software services companies. The top 5 registered a cumulative growth of 23.8 percent in FY 2011, as compared to a average growth of 7.7 percent by their global peers.
Among the top 5 companies, Cognizant registered highest growth rate of 33.3 percent and Wipro registered lowest of 12.3 percent. Considering the growth rate of Cognizant, it will surpass Infosys in revenues by end of 2nd quarter of 2012. Infosys registered 17.8 percent growth in FY 2011, second lowest among the Top 5 Indian IT services companies.
Gartner report adds that Tier 1 Indian IT companies dramatically outperformed Tier 2 & Tier 3 companies. However, there were a few exceptions in smaller companies as well. Tier 2 companies like Genpact and Syntel grew 27 & 21 percent respectively.
TCS now commands 1.1 percent of global IT services market share, while Cognizant & Infosys both have 0.7 percent.
Top 5 Indian IT Services company Revenues [in USD Million]
Top 5 Indian IT Services company Global Rankings
While Cognizant grew the fastest, TCS gained on the global ranking leaderboard – It gained 5 places to rank 16th globally. Cognizant jumped 3 places to be ranked 27th largest IT company in the world.
HCL Technologies rose 2 places to rank 46th, while Infosys & Wipro held on to their global rankings of 26th & 31st.
hi sir I am gagan I am running IT company in delhi can u help me out to increase the bussnes.
gagan
7503303666
Dear Arun, I think you need to make a correction for HCL technologies. As per Gartner report it has moved 2 rank up in 2011 from 48 to 46. I think you have considered the other way round…
I have need a it job. I am appearing BCA 6th sem under guwahati university. I have no expirience in any job. and my english language is very week. so in this condition, if any job you have, then please plz please inform me…thank you…
happy to work with cognizant.
Still we need to improve our global ranking…..
infosys is just awesome.
Iam bsc computer science student….i want to job in it field please help me
Nice analysis , though the positions have moved as of now.
sir can u tell me the india top 10 software companies with full information.and top 10 software companies of world of 2012
great info,i think there is to many U.S companies in india now.
Still we need to improve our global ranking…..
happy to work with cognizant.
infosys is just awesome.
I have need a it job. I am appearing BCA 6th sem under guwahati university. I have no expirience in any job. and my english language is very week. so in this condition, if any job you have, then please plz please inform me…thank you…
Dude get some basic English training first…You seriously need some improvement
I have need a it job. I am appearing BCA 6th sem under guwahati university. I have no expirience in any job. and my english language is very week. so in this condition, if any job you have, then please plz please inform me…thank you…
Dear Arun, I think you need to make a correction for HCL technologies. As per Gartner report it has moved 2 rank up in 2011 from 48 to 46. I think you have considered the other way round…
Yes, I think it is mistake from my side.. Thanks for pointing out..
hi sir I am gagan I am running IT company in delhi can u help me out to increase the bussnes.
gagan
7503303666