Indian tech companies up global market share, IBM hit mostly

BENGALURU: Leading Indian IT firms’ share of revenue has increased as a proportion of the total revenue of the top tech services companies in the world.

IT advisory firm Everest Group helped TOI look at 10 of the biggest global companies. Among the Indian heritage companies, Cognizant grew its share the most in the past five years, from 6.3% to 8.5%.

TCS, HCL Technologies, and InfosysNSE 1.30 % also improved their shares smartly. Tech MahindraNSE 1.10 % grew, but less so. WiproNSE 0.18 % was the only one that did not grow. It went up a little in 2015, but last year, it was back at the 2014 level.