Indian Software Services companies have been challenging the Big Six outsourcing companies for a while, some of them infact keeping them as Role Models. The current reports are saying that they have succeeded to an extent and on the way to make their dreams a Sound Business Reality.
The so-called 'Big Six' outsourcing companies (Accenture, ACS, CSC, EDS, HP and IBM) are winning a decreasing proportion of those deals valued at over US$50m, according to TPI. Their share of the market globally by total contract value has fallen from 71 percent in 2002 to 46 percent in 2006.
Those service providers based in India, such as Wipro, Tata and Infosys, are reaping the benefits of the trend towards single-process and specialist deals. These providers, alongside the 'Big Five' in Europe as well as other smaller and niche providers, are encroaching on the Big Six's market share, TPI stated.
"India-based providers are clearly considered an attractive and credible alternative to traditional players and over the next few years we expect to see them competing directly with the Big Six for larger value contracts." - Source