information technology company ranking in india
Answers
1. TCS - Tata Consultancy Services
Tata Consultancy Services, founded in the year 1968 is headquartered in Mumbai, India.
Revenue: Rs. 64672.93 Crore
Net Profit: Rs. 18474.92 Crore
Market Capitalisation: Rs. 487919.14 Crore
Home to more than three lakh people TCS is placed among the most valuable ‘Big4’ IT Service brand Worldwide. It has been the face of Indian IT Industry. TCS provides umbrella of services to its customer some of which are Performance Management, Business Process Service, Consulting, Enterprise Solutions, iON Small and Medium Enterprise, IT Services. TCS BaNCS, TCS MasterCraft, TCS Technology Products are some of its well-known software. TCS, leading the way for Indian IT firms has also made in the Top 100 Brand Finance List in the USA. In the recent accolades TCS was ranked number 1 IT Service provider for Manufacturing in Europe, Middle East and Africa by International Corporation in 2014.
The Methodology used to rank the companies are mentioned below:
1. All the Indian IT companies having at least Rs. 500 Crore (Revenue), Positive Profit and Rs. 1000 Crore (Market Capitalization) are considered as a first level cut-off to consider them for ranking.
2. For each parameter, highlighted in bold above, the companies are arranged in ascending order individually i.e. 3 different ascending order list for 3 different parameters.
3. The process of normalisation is then followed, For example: the company with highest revenue is assigned 100 points. All the others companies in the revenue list is then assigned points with respect to the leader in that list.
Like the second companies points are;
(Total Revenue of the Company/Total Revenue of 1st Company) * 100.
Similarly the third company points are assigned keeping the denominator same as above.
4. Similar process is followed for other two parameters i.e. Profits and Market Capitalization.
5. Finally a consolidated list is prepared where the points obtained from all the three parameters are added. Maximum possible score which can be obtained by a company is 300.
6. The list of top 10 companies is then prepared based on the points obtained by them. The company getting the maximum point is assigned top rank and so on till all 10 companies are obtained.
2. Infosys
Infosys, founded in the year 1981 has been headquartered in Bengaluru, India.
Revenue: Rs. 44341 Crore
Net Profit: Rs. 10194 Crore
Market Capitalisation: Rs. 221528.83 Crore
It is a home to more than 175000 people with many famous Indian personalities coming from its structure like Mr. Narayan Murthy, Nandan Nilekani to name a few. It is a major powerhouse that operates into business consulting, information technology, software engineering and outsourcing services. Presently headed by Vishal Sikka, Infosys has signed an MOU with local Chinese provincial to open first overseas campus in China. Infosys has nearly 890 clients across 50 countries according to latest data known till 31st March, 2014. It can boost of world’s largest corporate university in Mysore. It get ranked constantly in the world’s top 20 most innovative companies list brought out by Forbes and green companies ranking by Newsweek.
3. Wipro
Wipro, founded in 1945 entered into the IT domain in the year 1980 and since then has become one of the biggest IT Company in the world.
Revenue: Rs. 38757.2 Crore
Net Profit: Rs. 7387.4 Crore
Market Capitalisation: Rs. 132380.73 Crore
Headquartered in Bengaluru, India it is headed by Azim Premji, It was the first software company to get SEI CMMI Level 5 back in 2002. It has been accredited with many first in IT Industry like introducing Lean Management in Service Industry. Home to more than 1 lakh 50 thousand people, Wipro Technologies Applying Thoughts has lead it to be one of the most preferred IT vendors. Cognitive Systems, Smart Devices, Man-machine Interface are few of the future drivers it has been focusing on. Wipro has been selected by DJSI as World Member for the fifth consecutive year and is also recognised with prestigious Golden peacock Award 2014 in the category of ‘Innovative product/Service’ for Wipro’s Assure Health Solutions.
4. HCL Technologies
HCL Technologies, founded in the year in 1976 by Mr. Shiv Nadar is headquartered in Noida, India.
Revenue: Rs. 16497.37 Crore
Net Profit: Rs. 5984.62 Crore
Market Capitalisation: Rs. 129933.28 Crore
HCL has offices in around 35 countries globally and is home to hundred thousand people. Various business lines in which HCL has its presence are Business Services, Custom Application Services, Engineering R&D, Enterprise Transformation Services and IT Infrastructure Management Services. As part of their growth strategy they have alliances with nearly 100 companies in various technological areas which act as a mutual beneficial experience. Their global strategic alliances covers 360 degree relationships across multiple geographies and industry verticals. It has been rated as a leader in IDC SAP Marketplace, Cloud Services Marketplace.