Top IT Companies in India
Information Technology (IT), once thought of as an alias for business process outsourcing companies (BPOs), is now a large industry comprising of multiple industry sectors, such as IT Services, Business Process Management, Software Products and Engineering Services, and Hardware. IT covers the technologies and the processes which create, manage, and secure all kinds of information whether it is software-based, hardware-based or a mix-up of the two.
India is the world’s largest outsourcing destination and has almost 55% market share of the US $ 185-190 billion dollar world IT market. The country’s highly-qualified talent pool of technical graduates and its low cost offer the best advantage for IT companies in India. Latest findings state that the revenue of the IT industry companies is expected to grow by almost 7-9% every year.
Top 10 IT (Information Technology) Companies in India
1. TCS – Tata Consultancy Services
Founded in 1968 and headquartered in Mumbai, it has been one of the leading IT companies in India. It operates in various sectors including Performance Management, Business Process Service Consulting, iON Small and Medium Enterprise, IT Services, and TCS Technology Products. It has almost three hundred thousand employees working across various offices.
Founded in 1981 and headquartered in Bengaluru, it has been one of the well-known success stories of IT companies in India and one of the leading industry brands. It has almost 890 clients spread across 50 countries and boasts of the world’s largest corporate university in Mysore and overseas campuses in China and Australia. It has almost 175 thousand employees working for it across various offices and development centers and operates in multiple sectors, such as IT Services, Business Process Outsourcing (Infosys BPO), and IT Consulting.
Founded in 1945 and spread out into the IT domain in 1980, it is headquartered in Bengaluru and is a well-known industry brand alongside Infosys and TCS. It has accumulated many industry firsts, such as being the first IT company to get SEI CMMi Level 5 certification in 2002 and introducing Lean Management in Service Industry. It is home to almost 150 thousand employees across various offices. The company has seen much success in the health solutions domain and has now started focusing on Cognitive Systems, Smart Devices, and Man-machine Interface as future growth drivers.
4. HCL Technologies
Founded in 1976 and headquartered in Noida, it is one of the global MNCs which operate in India. The company has a presence in almost 35 countries although most of its IT is based out of India. It employs almost a hundred thousand people in various sectors, such as Engineering R&D, Custom Application Services, Business Services, IT Infrastructure Management Services, and Enterprise Transformation Services. As part of the company’s global strategy, it has alliances with nearly 100 technology companies operating in various fields. It has been rated as a leader in the IDC SAP and Cloud Services sectors.
5. Tech Mahindra
Founded in 1986 and headquartered in Pune, it is also a well-known brand and has a presence in almost 51 countries worldwide. It has almost 98 thousand employees in various domains such as Consulting, Enterprise Business Solutions, Mobility and Integrated Engineering Solutions, and Product Life Cycle Management. The company has also been given the SEI CMMi Level 5 certification. It has also been a recipient of the Golden Peacock and Leader in Excellence in IT awards.
6. Oracle Financial Services
Founded in 1990 and headquartered in Mumbai, it is a subsidiary of the global MNC IT products company, Oracle Corporation, which is well-known in the database management domain. Previously known as i-flex Solutions, Oracle Financial Services Software Ltd. (ofss) is an IT solutions provider which mainly caters to the banking industry. Oracle Financial Services has various business products such as Oracle Financial Services Analytical Applications for Customer Insight, Oracle FLEXCUBE Universal Banking Suites, Financial Crime, Enterprise Risk Management, and Compliance Management, Infrastructure, and Financial Services Data Warehouses. In 2014, it was also awarded the Fraud and Financial Crime Software Provider of the year.
Founded in 1990 and headquartered in Bengaluru, it has the presence in almost 8 countries apart from India. It is involved in many sectors such as Data Analytics, Application Development and Maintenance, Digital Services, Engineering R&D, EAI BPM, Independent Testing, Enterprise Application Services, and Infrastructure Management Services. It has almost 14 thousand employees working for it across various offices. For the third year in a row, it has been named a leader in Zinnov’s Global R&D Services Provider Ratings.
Founded in 2000 and headquartered in Bengaluru, it has more than 30 offices in almost 19 countries and is a well-known IT company. In India, it is spread across 11 locations including Vadodara and Indore. Hewlett Packard (HP) a globally well-known company for its technology products, is known to be Mphasis’ biggest client. Its products include Billing as a Service, Digital Customer Experience, NextAngles, and Protect Mphasis. It is involved in various domains such as Insurance, Banking and Capital Markets, and enterprises such as Energy, Hospitality, Life Sciences, Media & Entertainment, Manufacturing, Telecom, and Government. It is home to almost 48 thousand employees spread across various offices.
Founded in 1989 and headquartered in Mumbai, it has executed projects in more than forty countries. It claims expertise in industry verticals such as Utilities, Process, Transportation, Banking and Insurance, and Power. The company has been awarded many times with the major ones being the SAP Pinnacle Award 2014, Oracle ‘Titan’ and Partner Excellence, and Municipalika 2014 Award for the Best Range of Municipal Solutions. It is home to almost five thousand employees across various offices.
Founded in 1991 as Infotech Enterprises and later renamed to Cyient, it is headquartered in Hyderabad, India. The company has 38 offices globally operating in nearly twenty countries and has almost 12 thousand employees. The company has recently acquired Rangsons Electronics in 2015. The company claims expertise in outsourcing activities and has clients from diverse industries such as consumer, aerospace & defense, transportation, energy, navigation, communications, off-highway, mining, oil and gas, and medical. The company has recently been awarded the ICSI National Award for Excellence in Corporate Governance 2014.