Indian IT companies gain against global competition

BENGALURU: Indian IT continues to increase its share of the global outsourcing market. In the first half of this year, they were significant gainers in terms of the number of deals they won. And the gains have come largely at the expense of European service providers.

Indian IT firms grew their market share (in contracts awarded) to 27.1 per cent in the January-June period from 23.6 per cent in the first half of last year. TCS, Infosys, Wipro and Tech Mahindra were among those who won deals in excess of $25 million each.


The share of big European IT firms - including Capgemini, T-Systems, British Telecom and Atos - dropped to 16.4 per cent, from 22.3 per cent. The firm could not provide similar proportional data for the total contract value, but given past trends and the extent of gains in the number of contracts this year, it would be reasonable to assume that Indian IT has also gained in the value market share.


US firms registered a growth in share to 18.1 per cent from 16.7 per cent, as per data from IT outsourcing advisory firm ISG.

The firm could not provide similar proportional data for the total contract value, but given past trends and the extent of gains in the number of contracts this year, it would be reasonable to assume that Indian IT also gained in the value market share.