Now that all the 2009 results are in from the India-based SIs, we have updated our estimates of their UK performance. We can now confirm that TCS remains the market leader, with £655m in UK revenues last year, firmly cementing its position in the UK SITS Top 20. Across the board, the major-league Indian players saw UK revenues grow by 5% in 2009, clearly winning share in a declining market. HCL grew fastest in headline terms, by over 40%, assisted by the acquisition of Axon and Liberata Financial Services. However, the prize for the fastest organic growth once again went to Cognizant, with a 25% revenue leap to £225m – and just a hint of even more this year!
Also in the latest bumper issue of TechMarketView OffshoreViews, you’ll find some thought-provoking commentary on how to create an onshore/offshore delivery model for Consulting. You thought it can’t be done? Well, so did I until I met GB Prabhat, the founder of Satyam Renaissance Consulting (the predecessor of Satyam’s Consulting & Enterprise Services division) and now founder of ‘second generation’ outsourcing firm, Anantara Solutions. Prabhat is truly one of the great minds in this space and I think you’ll find his thoughts on a blended consulting model quite ‘challenging’!
Also on the Consulting theme in OffshoreViews, I recently met with the European consulting heads of Wipro and Infosys, and found they are building up their practices at quite some pace, as you will read.
And we’ve just completed our latest estimates of the India-based offshore workforce of the leading US and European SIs. There are now well over 250k FTEs in the Indian delivery networks of the leading players alone, besides a considerably growing workforce in other low cost locations (we’ll be looking at these in a future OffshoreViews).
Plus of course, there’s our regular reference chart comparing the key financial and operating metrics of the leading India-based SIs for Q409, along with a handy ‘live-link’ reference to recent UKHotViews postings on the offshore scene.
All this in just seven pages! How does the man do it, I hear you ask?
TechMarketView Foundation Service clients can download OffshoreViews today!
Posted by Anthony Miller at '06:00'
Share this article
T 01252 781545
Website Terms & Conditions
The TechMarketView name and logo are registered trademarks of TechMarketView LLP
® | © Copyright TechMarketView 2007- 2013
You can change your cookie settings at any time but parts of this (and other sites) may not work as a result.