NEW RESEARCH: $50bn year for Top Six India-centric players

It was milestone year for the leading India-centric IT services suppliers in 2014, with aggregate headline revenues breaching the $50bn barrier for the first time, representing 13% growth compared to 2013. And that was not the only barrier broken: peer leader TCS exceeded $15bn in revenues and Cognizant became the second among the players to hit the $10b revenue mark.

However, the offshore players grew slower in the UK than they did in the rest of the world. According to our preliminary estimates, aggregate UK revenues of the top six India-centric suppliers grew by 8% in 2014 to £4.64bn, less than half the 18% growth achieved in 2013. But they are still gaining share – and look set to do so again in 2015.

Subscribers to the TechMarketView Foundation Service can read our analysis and opinion of the leading India-centric IT services suppliers in the latest edition of OffshoreViews.

Posted by HotViews Editor at '11:03' - Tagged: offshore