IT (Information Technology) is used in processing, creating, securing, storing, and exchanging all forms of electronic data of any networking, computer, and other physical amenities, procedures, and infrastructure. The list of top 10 IT companies is not restricted to the top 10, other than that there are numerous other companies that are offering their services to the citizens.
The business use of information technology involves both computing technology and also telephone. IT services like IoT, privacy, cloud service, internet security, and so on are offered to customers by the top software firms across the globe. With that let us have a look at the top 10 IT companies in India.
Top 10 IT Companies In India
As per the NASSCOM Report, IT export revenues from India increased by 8.3 percent to an approximate $136 billion in the fiscal year 2019. Technological innovations are restructuring the world we presently live in. Exponential advances throughout technologies such as artificial intelligence (AI), machine learning, cloud computing, robotics, IoT, augmented and virtual reality would prevail to transform each dimension of human life. So here is the list of top IT companies in India.
1. Tata Consultancy service
Tata Consultancy service or TCS is the biggest IT company in this country in terms of Revenue. It is an IT services, consulting, and also business solutions provider that has been partnering with the largest businesses across the globe in their transformation journeys for the past fifty years.
TCS provides a cognitive powered, consulting-led, integrated portfolio of business, engineering, and technology services and solutions. It is the largest business in India in terms of market cap. A portion of the Tata group, which is the largest multinational business group in India, TCS has more than 420,000 of the best-trained consultants in the world in 50 nations.
Situated in 1981, Infosys is an NYSE listed worldwide consulting and IT services entity with over 228,000 employees. It is the second biggest in the list of top 10 IT companies in this country.
From a capital of US$ 250 to become an US$ 11.8 billion (FY19 revenues) entity with a market cap of roughly US$ 47.7 billion. For more than 37 years, the business has catalyzed some of the major alterations that have led to the emergence of India as the global destination for software services talent. Infosys is the first IT Company from India to be listed on NASDAQ.
3. HCL Technologies
When we talk about the top information technology companies in India we cannot miss mentioning HCL. The entity is a leading IT service entity that helps global enterprises in reimagining and transforming their businesses via digital technology transformation.
The company aims at providing an integrated portfolio of services that is underlined by its Mode 1–2–3 growth approach. The company takes advantage of its global network of included co-innovation labs and also global delivery capabilities to offer holistic multi-service delivery in prime industry verticals that include manufacturing, telecommunications, media, financial services, publishing, entertainment, life sciences & healthcare, oil & gas, retail & CPG, energy & utilities, travel, transportation and logistics, and government.
4. Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is the largest global information technology consulting and business process services entity. It is also included on the list of the top 5 IT companies in India.
The business harnesses the power of cognitive computing, robotics, cloud, analytics, hyper-automation, and emerging technologies to aid clients to adapt to the digital space and make them successful.
5. Redington India Ltd
Founded in 1993, Redington has crossed an eventful and also exciting journey to one of the best Indian IT entities.
The incredible route has seen us develop from one brand, one product category, and one market into a US $6.7 billion distribution and supply chain solutions provider to more than 220 international brands in Mobility spaces and IT, serving more than emerging markets. This day, new-age technologies such as AI (Artificial Intelligence), Internet of Things (IoT), Robotics, Big Data and Analytics, and 5G communications are opening new avenues and new opportunities for tomorrow.
6. Tech Mahindra Ltd
Tech Mahindra portrays the linked world, providing customer-centric and innovative information technology experiences, allowing associates, enterprises, and the society to rise.
The entity is a 9 billion company with more than 125,700 professionals throughout 90 nations, helping 941 global users that include Fortune 500 entities. The company’s digital, design experiences, convergent, innovation platforms, and also reusable assets connect through a number of technologies to deliver tangible business value and also experiences to its stakeholders. This is the highest ranked Non-U.S. business in the Forbes Global Digital 100 list (2018) and also in the Forbes Fab 50 companies in Asia (2018).
7. Larsen & Toubro Infotech Ltd
Established 20 years ago as the IT arm of the Larsen & Toubro group. This company is also among the top IT companies in this country. Larsen & Toubro Infotech Ltd is a global technology consulting and digital solutions entity helping over 360 clients succeed in converging the globe. With functions in 30 nations, accelerate virtual transformation with the Mosaic platform of LTI that allows their social, analytics, mobile, IoT, and cloud journeys.
8. Mphasis Ltd
Founded in 1992, Mphasis serves marquee customers throughout the globe that include eleven out of fifteen top mortgage lenders, six top global banks, and three top global insurance entities and has nearly 22,000 employees throughout sixteen nations.
It is the largest private equity firm in the world that has acquired Hewlett Packard Enterprise’s stake (60.5%) in Mphasis. This deal portrays the largest technology investment along with the largest acquisition by Blackstone in this country.
9. Mindtree Ltd
Mindtree is a global technology service and consulting company, that helps enterprises marry scale with agility to attain competitive benefit. “Born digital,” in 1999 and presently a Larsen & Toubro Group Company, Mindtree uses its deep domain knowledge to more than 350 enterprise client engagements to disseminate silos, make sense of digital complications and bring the latest initiatives to market faster.
10. Hexaware Technologies Ltd
Hexaware is a global leader and the quickest evolving next-generation provider of BPO, IT, and consulting services. The Company evolved at the intersection of advanced technologies that transform customer experiences, automate everything, cloudify everything, that aid in fast-tracking enterprises into the digital space.
HTL growth approach is further strengthened by widening its global delivery capability, with 33 offices and more than 18,294 employees across the globe. HTL services customers in more than two dozen languages, from every big time zone and every big regulatory zone.
IT or information technology implies the technology of collection and offering data for the purpose of business. The companies that offer IT services mainly accumulate user data and send them to big corporations that they in turn use for their services and products. So these Information Technology companies play an important role in the economy of the nation. So we have discussed the top 10 IT companies in India that have grown over time and are now leading the market.