Here comes the IT roller coaster...

IIPM PUBLICATION
With numerous reasons to smile about, ‘it’ has changed the face of India on the global map. ‘It’ has won the country myriad accolades and even has to its credit the emergence of a more confident, resurgent India. ‘It’ has fostered a sense of awareness in the urban Indian. Guess you have realised that ‘IT’ is the hottest sector of India – Information Technology – that we are talking about. From a country of snake charmers and fakirs to becoming a global economic power, IT has undoubtedly played a critical role in the rise & rise of India.

Drawing strength from its vast pool of IT talent, India is today known as the IT capital of the world. Indian brains and the inherent innovative spirit of her entrepreneurs, have not only created many software applications that run global businesses, but have provided ingenious solutions to millions of engineers, scientists, finance, marketing and operations executives, across the world. Post- 1994, after India opened her doors to the world, the expansion in this sector took off rapidly. The period gave a big boost to demiurgic entrepreneurs like Shiv Nadar, Narendra Patni, Rama Linga Raju, Narayana Murthy, among a slew of others, to beef up their erstwhile smaller capacities to spawn giants like HCL, Patni, Satyam, Infosys, et al, which have made India shine in foreign land. And it’s not just IT! India has displayed her avant-garde spirit in the booming ITeSBPO sectors too. While still evolving, the sector is gradually moving up the value chain, fastening on to the high-value Knowledge Process Outsourcing (KPO) business.

It is in this backdrop that 4Ps B&M and the Indian Council for Market Research (ICMR) took up the challenge to rank India’s top 20 IT companies. Through this research, the ICMR team (led by Shivalee Kaushik, Shaswata Ganguly and Monica Nehru), aims to establish the top 20 Indian IT companies in the field of software production, designing solutions and the IT services sector. As a part of the service sector, ICMR also included IT consulting, training &, education. However, BPOs and ITeS companies, individually have not been covered under the scope of this study.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative