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The Indian pure-plays are making steady if stately progress on the march towards 'non-linearity', with aggregate revenues rising faster than headcount for each of the past four quarters. This has been accompanied by a rise in employee productivity, though there is a massive gap between the most productive and the least. Meanwhile, operating margins continue their downward trend for the seventh successive quarter.
The players are quick to point out that their 'digital' services drive higher productivity and margin – but the bulk of their business remains increasingly commoditised services supporting clients' legacy applications and infrastructure.
TechMarketView Foundation Service subscribers can see the names and the numbers, as well as snapshots and summaries of the top-tier and mid-tier players, in this latest edition of OffshoreViews.
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