IBM named market leader in IT services in India

by Editor 2/25/2009 4:44:00 PM
Business and technology consulting firm IBM Global Services is the largest IT services vendor in India, with 10.8 percent of the market share in the sector, according to a new report from Springboard Research, titled "India IT Services Competing for Tomorrow's Market." 

Wipro (8.7 percent of the market share) and Tata Consultancy Services – CMC (6.1 percent) came in second and third. Other companies in the top ten include HP-EDS, HCL, Satyam and Siemens Information Systems Limited (SISL).

Wipro has chalked the highest growth among high profile IT vendors in 2008, over 43 percent.

The Indian IT services market is estimated to be worth $4.8 billion.

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