GlobalData’s IT services sector scorecard provides a top-down, comprehensive outlook for the key players in the sector over the next two years. Sitting down with GlobalData research director Ed Thomas, Verdict finds out in the below video who the worldwide winners and laggards are in IT services, along with key trends and themes.

IBM and Accenture may sit on the top of the thematic screen in the scorecard, but the real story is the dominance of Indian vendors in the first quarter of 2021. Five of the top 10 companies on the list are headquartered in India.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Also in the top 10 is Cognizant, headquartered in the US but, with 70% of employees based in India, is commonly described as an Indian provider.

A key reason for the strong position of these companies is how well they have weathered the Covid-19 storm. The initial signs did not look good, with Infosys announcing on 20 April 2020 that it was suspending its traditional practice of providing revenue guidance for the next fiscal year due to uncertainty caused by the pandemic.

However, the situation improved markedly as the year went on. Wipro, for example, reported that its profit margin for the three months to the end of December 2020 was its highest for 22 quarters.

Others have struggled to cope. DXC Technology, for one, suffered a revenue drop of more than 9% in the year to the end of March 2021, and the company said straightforwardly that the pandemic had “negatively impacted, and [would] continue to negatively impact” its business.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

While there are signs that the worst of the crisis may be over in the US and Europe, a great deal of uncertainty remains. Of the 17 Technology, Media and Telecoms sectors GlobalData covers, IT Services ranked 13th.

Find out more in the video above and the IT Services Sector Scorecard Q1 2021, available here from GlobalData.