The Changing Pecking Order of the Indian IT Service Provider Landscape

10 Jun 2013
by Ritika Dhingra, Yugal Joshi


The Indian IT Service Provider landscape witnessed important changes in FY 2013, resulting in changes in the pecking order. While the overall growth slowed for WITCH (Wipro, Infosys, TCS, Cognizant, and HCL) service providers as compared to the previous year (in line with the trend observed in global outsourcing industry), both TCS and Cognizant added revenue which was higher than or almost at par with the cumulative incremental revenue of the other three peers. While rankings are not necessarily the most effective gauge of current capability or future market success, the shifts in position often have a story that is important to understand, and indicate some important dynamics at play which are usually company-specific and not linked to the entire group, industry, or geography.

Enterprise revenue 

This viewpoint refreshes our pecking order analysis of the WITCH group across:

  • Financial performance
    • Total revenue
    • Growth
    • Operating margins
  • Industry vertical performance
    • Banking, Financial Services, and Insurance (BFSI)
    • Healthcare and Life Sciences
    • Energy and Utilities
  • Geographic performance
    • North America
    • Europe

Page Count: 17