By Stephanie Overby
Accenture, TCS, and Cognizant remain atop an IT service provider market in a year of global upheaval and talent challenges, according to Everest Group’s 6th annual rankings.
The top four outsourcers on Everest Group’s annual ranking of the top IT service providers remain unchanged this year, with Accenture taking the top stop for the fifth year in a row. Coming in behind Accenture are TCS, Cognizant, and Wipro.
All four continue to be the preferred partners for large enterprise buyers, particularly during the uncertainty of 2020. “Despite early challenges during COVID, all of them continued to be strong on execution even as service resilience and India as a reliable location for global IT services delivery came into question,” says Abhishek Singh, partner with Everest Group.
While the top four remain solidly atop this list, their future rankings are not necessarily certain giving ongoing challenges of talent availability and upskilling.
Another nuance to note among the top four IT outsourcing providers is the significant amount of changes seen within Wipro and Cognizant in the past two years. Brian Humphries, former CEO and board member of Vodafone Business, joined Cognizant as CEO in April 2019, where he has focused on growing the company’s international market and expanding its innovation portfolio. Thierry Delaporte — the former COO of CapGemini, who was credited with overhauling its India operations — took over as the new CEO of Wipro in July, driving the company’s stock price up before he even began his tenure. (more…)