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U.S. based IT firms outperform Indian peers




Tata Consultancy Services (TCS) is the highest-ranked Indian provider at No.28 in the world.

Across all IT services, IBM continued to be the global market leader, dominating 7.2 percent of the market. IBM and Accenture reported strong growth rates of respectively 12.2 percent and 19.7 percent.

"This strong growth, combined with strong first quarter results for market leaders, runs counter to the gloomy and widespread economic concerns arising in the US," said Kathryn Hale, research vice-president, Gartner's worldwide IT services group.

"To build on their success in 2007, service providers should focus on selling services that will deliver visible returns in 2008, either in cost, speed to market, or business impact. Apart from that, they should also focus on growing sales in emerging markets that enjoy faster-growing economies and high growth rates," Hale said.

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