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Tuesday 29 June 2021

*NEW RESEARCH* TCS topples Capita to become largest SITS player

LIVE NOW is TechMarketView’s brand new UK Software and IT Services Supplier Rankings 2021 report, which reveals that TCS has toppled Capita to become the largest SITS vendor in the UK.teaser

Following an impressive period of sustained growth in recent years, TCS successfully moved up from its second-place position in the prior year despite an estimated single digit decline in revenue. TCS saw its performance improve significantly in the second half of 2020 as it successfully navigated its way through the pandemic. Furthermore, the firm is bullish about the continued acceleration of digitisation and its future growth prospects.

After several months of in-depth research and analysis, the TechMarketView analyst team has ‘sliced and diced’ the performance of well over 200 companies operating in the UK Software and IT Services market. Our research shows that the Top 60 players in aggregate achieved very modest revenue growth in 2020. However, this masks a hugely wide-ranging performance by the individual players, some of whom grew way into double digits, and some of whom saw double digits wiped from their top line.

Indeed, Capita - in its new number two position - registered the deepest decline of all the companies in the TechMarketView Top 30 ranking of players. Other significant ‘decliners’ include DXC Technology and IBM - both of whom have large chunks of revenue in slow growth or declining market areas.

In contrast is the performance of the hyperscaler and cloud focused players. Amazon Web Services (AWS) is no longer a ‘new kid on the block’ and is now a very sizeable SITS competitor. Nevertheless, it has maintained a very impressive rate of revenue growth. The same is true of Microsoft’s Azure business, and now both players rank highly as providers of Infrastructure Operations in the UK. While Google Cloud Platform has for many years taken third place in the hyperscaler race, a storming performance in 2020 means it too is now a sizeable - and incredibly fast-growing - SITS ranking player.

Clients of TechMarketView’s Foundation Service can access the report, and its nine ranking tables, here: UK SITS Ranking 2021.

If you do not currently take the Foundation Service and want to gain access to this unique view of the players in the UK tech scene, please contact Deb Seth.

Posted by HotViews Editor at '09:45' - Tagged: cloud   automation   data   DevOps   digitalworkplace   ranking