India Crushes BusinessWeek's "IT 100" Service Category

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    Here’s a little something to chew on between bites of hotdog and baked beans on July 4. India dominates BusinessWeek’s Information technology 100 service category this year.

    Eleven service provider companies made the ranks — and the top three have corporate headquarters in, respectively, Bangalore, Mumbai and Bangalore.

    The links take you to the Web page on BusinessWeek.com that provides the data for that particular company.

    #10: Infosys Technologies. India’s number 2 software services exporter grew nearly 50% in 2004. It expects to hire 12,600 people this year — nearly 1,000 for its Shanghai office.

    #12: Tata Consultancy Services. India’s number 1 software services company is looking for growth in areas like embedded software and RFID. According to BusinessWeek, “Excited about combining India's software skills with China's electronic hardware prowess, CEO S Ramadorai is expanding rapidly in Hangzhou.”

    #23: Wipro. The number 3 software services company in India grew at 43% in 2004. It’s ranked as the world’s largest “third-party R&D provider.” Of course, departures of Chief Executive Raman Roy and US chief Vivek Paul will play havoc with that pace.

    #31: Accenture. Thirty-six percent of sales at this consulting firm are related to outsourcing. It grew 14.2% last year.

    #32: Cognizant Technology Solutions. Here’s what BusinessWeek writes: “The bulk of the New Jersey-based outsourcer's sales come from managing enterprise applications for corporations in its development centers scattered across India. But Cognizant developed a twist on the formula that has given it an advantage over the increasingly crowded field… Cognizant was one of the first outsourcers to focus on building a U.S.-based management team so that it could develop closer relationships with customers.”

    #44: IBM. How remarkable that the giant shows up this far down the list. But revenue growth was only 6.3% (of course, with revenues of $97 billion, it must be tough to move that in any upward direction.) What’s really interesting is that BusinessWeek’s says IBM is in the services industry vs. one of the other categories of IT. And, while it’s killing off 13,000 positions in the US and Europe, it’s growing by more than 14,000 positions in India. Ouch.

    #64. Atos Origin. This French behemoth, which gobbled up tech consultancy Sema Group from Schlumberger (and thereby inherited the high-profile Olympics IT work), grew by an amazing 74.7% in 2004.

    #75: SRA International. This one’s a biggie in US government technology services. Revenue growth last year was 46.2%.

    #84: Fiserv. This has got to be one of the business process outsourcing outfits, with its huge financial services transaction processing business. Now it’s handling insurance claims and health plans and looking to expand into new industries.

    #85: Satyam Computer Services. This is the fourth Indian service provider to hit the billion-dollar mark — expected this year. It’s expanding from the applications management work it’s known for into infrastructure management and building software for engineering processes in the auto and defense industries.

    #94: SunGard Data Systems: Here’s proof that managed services have a bright future. This Pennsylvania firm processes transactions for “banks, brokerages and asset managers…[and] hosts applications for schools, nonprofits and governments.”