The fiscal year 2011-12 was one of the toughest for the Indian IT, says
Dataquest magazine's annual survey of Indian IT sector. And unlike
2008-09, this time it was the domestic market which played the
spoilsport.
The sentiment in the Indian market was at its lowest ebb. The global
uncertainty only compounded matters for the IT industry. However,
despite sluggishness, Indian IT's exports have grown from 14% in FY10 to
22% in FY11 and almost 29% this fiscal. According to the survey, which
ranks the biggest 200 IT companies in the country in terms of revenue,
the growth is testimony to Indian IT's resilience.
Here are top 15 IT companies in India as per the survey.
1) TCS
Growth (2010-11): 25%
Growth (2011-12): 32%
The year 2011-12 saw TCS emerge as India's first IT company to cross the
ten-billion dollar milestone posting annual revenues of $10.17 billion.
According to the Dataquest survey, the company's revenue growth in BFSI
(27.44%), retail and CPG (45.05%) and manufacturing (38.11%) were major
contributors. Other verticals that include Life Sciences and Healthcare
(33.10%), Hi-Tech (57.32%), Travel, Transport and Hospitality (42.85%)
grew at an average of 37.3%. Practice areas like enterprise
infrastructure services, enterprise solutions, BPO units cross $1
billion in revenues.
Another highlight of the year was the consolidated gross addition of
70,400 employees and net addition of 39,969 employees, which is highest
ever in TCS' history, according to the writeup. TCS has over 238,500
resources spread over 42 countries.
2) Infosys
Growth (2010-11): 22%
Growth (2011-12): 20%
Infosys' nearly two-third of the revenues came from delivering
operational efficiency projects and a fourth from business
transformational projects, according to Dataquest survey. The company
had good success with its core banking software Finacle. Finacle now has
154 customers across 75 countries.
Infosys recently also introduced an application for mobile operators Flypp.
3) Wipro
Growth (2010-11): 13%
Growth (2011-12): 18%
In the year 2011-12, Wipro's revenue productivity both in offshore and
onsite went up. The company recieved nearly 46% of the revenue from
fixed-price projects.
Energy and utilities grew 57% due to acquisitions, BFSI grew 13% and
retail and transportation grew 11%. The company witnessed double-digit
growth across all services except BPO. Wipro added 173 new customers
during the year, compared to 155 in the previous year.
4) Cognizant Technology Solutions
Growth (2010-11): 37%
Growth (2011-12): 36%
The tag of an American company with 75% workforce in India has given
Cognizant good brand equity in last few years in the US and Europe,
writes Dataquest. The company added over 250 clients during the FY11-12.
As of March 31, 2012, Cognizant's total number of active customers
stood at 805 and the number of strategic clients at 196.
5) HP India
Growth (2010-11): 30%
Growth (2011-12): 7%
HP India saw its services business grow more than its products. While
the company's networking, storage, and servers (x86) showed good
traction, software business remained flat, according to Dataquest.
Some of the big deals like Symphony Services, Tata Motors, Thinksoft, 3i
Infotech, Bank of Baroda and Bank of India helped the company.
In Q4 of FY12, HP merged its PC and print divisions into one entity —PPS
-- for cost management and profits. Another organizational
restructuring saw HP create Global Accounts Sales Organisation.
6) HCL Technologies
Growth (2010-11): 29%
Growth (2011-12): 31%
HCL Technologies, which follows July 11 to June 12 financial year cycle registered a topline growth of 31% during the year.
According to Dataquest, HCL Tech crossed $4 billion in revenue and saw
its net income grow 47.8% (in INR terms). The company bagged 52
transformational deals and continued to spread its wings in Europe. It
won a major deal from Fortune 500 company to provide services in 16
European countries.
7) IBM India
Growth (2010-11): 14%
Growth (2011-12): 9%
IBM's agressive strategy outside US has been reaping dividends for the
company for a while. In calender year 2010-11, BRIC growth was at 18.6%
while America's revenues increased only by 8%, according to Dataquest
survey. The headcount too is reported to have grown in tandem, IBM's
headcount in India during FY11-12 is estimated to be around 135,000.
Global Technology Services (GTS) was one of the biggest revenue earners.
The division posted 18.2% growth in infrastructure services and bagged
some short-term as well as strategic multi-year contracts. Among
verticals, BFSI performed well. On the systems side, IBM emerged as no. 1
in non-x-86 Unix servers and external storage systems.
8) Redington India
Growth (2010-11): 32%
Growth (2011-12): 18%
Technology areas like virtualization, storage, and security helped
Redington's enterprise IT infrastructure business during the year
2011-12, according to Dataquest. According to the survey, the long
decision-making time that large projects faced during FY11-12 troubled
distributors like Redington.
The revitalization of HP's consumer notebook's portfolio and the
company's revamped GTM strategy got good dividends for Redington India.
Portfolio additions during the year included VMware, Hitachi Enterprise
Storage Portfolio, Smart Technologies, Polycom and Microsoft's cloud
offerings.
9) HCL Infosystems
Growth (2010-11): 2%
Growth (2011-12): -11%
The FY11-12 saw HCL Infosystem's topline drop by 11%, seemingly making
the company go for strategic realignment. The company recently bagged a
Rs 2,200 crore UIDAI project. It also got new clients in healthcare
including Narayana Hrudayalaya. Education was another area where it
bagged new contracts.
10) Ingram Micro
Growth (2010-11): 35%
Growth (2011-12): 8%
Another distributor in top 15, Ingram Micro added three new product
lines during the year. According to Dataquest, Western Digital appointed
the company as national distributor and RIM tied up to offer BlackBerry
Mobility solutions to large corporates and SMBs.
The company has also been appointed as distributor partner by Zoho to resell its entire range of products.
11) Oracle India
Growth (2010-11): 26%
Growth (2011-12): 16%
Oracle India added nearly 3,500 people to its headcount, according to
Dataquest. With Middleware market lacklustre, the company's fourth
business unit Fusion Middleware did not see a major turnaround.
Oracle India, however, saw good growth in the RDBMS market clinching as
much as 62% market share in India, leaving IBM and Microsoft behind. The
company also successfully fended off stiff competition from IBM and HP
in its mid-range SPARC T4 servers business.
12) Cisco Systems India
Growth (2010-11): 35%
Growth: (2011-12): 9%
Cisco Systems India witnessed growth in the commercial markets of tier-2
and tier-3 cities during the FY year 11-12, according to Dataquest.
According to the writeup, BFSI and ITS segments continued to accelerate;
data centre and virtualization saw good traction.
The company also increased its partner presence from 1,200 to more than
2,500. Another highlight of the year was the national partnership it
signed with HCL Infosystems for Cisco WebEx. Some big customer wins
during the year included Essar Group, Gujrat Telelinks, Fastway, UBI,
Mantri Developers etc.
13) Dell India
Growth (2010-11): 34%
Growth (2011-12): 13%
The FY 11-12 saw Dell invest its energies on growing its services
business. According to Dataquest, the company signed several new
customers across verticals. Dell also launched 12th-generation blade and
rack and PowerEdge servers. On the server side in Q4 CY11, Dell took
the leadership position by factory revenues.
14) SAP India
Growth (2010-11): 31%
Growth (2011-12): 33%
SAP India's growth this year was the best among all geographies,
according to Dataquest. The company got good revenues from new licenses.
According to the Dataquest survey, SAP was able to leverage its
applications suite which includes ERP, CRM, BI and SCM.
The company witnessed near triple-digit growth in the new license
revenue with major contributions coming in from public sector, oil &
machinery and utilities. SAP India's customer base reportedly grew to
4,900 names in FY12 and headcount rose to 5,555 with direct presence in
eight Indian cities.
15) Intel India
Growth (2010-11): 18%
Growth (2011-12): 5%
Intel had a tough time in sustaining its growth due to domestic and
international factors like inflation, slow demand for PCs (mainly
assembled) and slump in the global market, according to Dataquest. The
uncertainty in enterprise demand hurt the company dearly.
With about 6,000 active channel partners, it expanded its reach to over 700 cities.
Source : TOI