TCS, Infosys, Wipro nextGen megavendors: Gartner

by Dave

The Financial Express

India’s top IT services companies, Tata Consultancy Services (TCS), Infosys Technologies and Wipro Technologies will emerge as the next generation of IT service megavendors, according to Gartner, Inc. These vendors are increasingly being considered for strategic service deals, and will augment or in some cases, replace today’s acknowledged megavendors by revenue – IBM Global Services, Accenture and EDS – in this space by 2011.

These emerging megavendors are much smaller than the current megavendors but will increasingly compete for the same mega deals that had been the exclusive domain of the incumbent megavendors, the report adds. The emerging megavendors have leveraged four critical competencies to achieve their status. The competencies are process excellence, world-class HR practices, providing high quality services at a low cost and the achievement of significant and disproportionate ‘mind share’ compared to their actual size.