The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
September - 2006 - issue > In Focus
Indian IT majors outsmart global peers
si Team
Analyzing the performance of global and Indian IT companies, Forrester said the Indian IT companies are thriving while global companies are continuing to lose market share.
Forrester Research Vice President Stephanie Moore said that MNC IT companies are losing to Indian firms especially in the application services market. While most legacy service providers worldwide have posted minimal to negative growth, Indian companies have reported robust revenue and profit growth.
Forrester says global majors are struggling to compete in the more efficient and transparent world of IT service provisioning created by the Indian vendors.
Moore said the revenue and profit growth figures of Indian companies are shaming most of the global majors that are still struggling to compete in the more efficient and transparent world of IT service provisions created by the Indian vendors.
Forrester says as Indian companies are investing in moving up the chain, they will maintain their lead for some more years while global majors will be distracted by their legacy delivery engines.
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