ET Bureau
In the world of business, the Indian IT and ITeS businesses have been forever connected by a hyphen despite running on parallel tracks. If the IT business was about engineers writing complex code, ITeS (IT-enabled Services) was about youngsters with an accent talking away. IT was high brow, ITeS was low brow.
IT companies were reluctant to run a call centre, a young and restless workforce, accent training, odd hours, cabs, and ITeS companies could only aspire to write software. Besides, there was so much work going for both that they had no reason to look beyond their domain area.
Now, they are looking, and are finding enough reason to cross over. They are discovering synergies, which can open up new business opportunities and keep the growth ticking. In 2008-09, according to industry body Nasscom, there were five IT companies in the list of top 10 ITeS companies: TCS, IBM, Wipro, Infosys and HCL.
The top 5 players in both the IT and ITeS sectors are making overtures to the other side. Check out.
Company: TCS
Revenues: $6.3 bn
BPO revenues: $729 mn
All figures for year ended March 2010, except Cognizant (year ended December 2009) and HCL (nine months up to March 2010)
wipro
Company: Wipro
Revenues: $4.3 bn
BPO revenues: $465 mn
All figures for year ended March 2010, except Cognizant (year ended December 2009) and HCL (nine months up to March 2010)
Infosys
Company: Infosys
Revenues: $4.8 bn
BPO revenues: $294 mn
All figures for year ended March 2010, except Cognizant (year ended December 2009) and HCL (nine months up to March 2010)
Cognizant
Company: Cognizant
Revenues: $3.3 bn
BPO revenues: $200 mn
All figures for year ended March 2010, except Cognizant (year ended December 2009) and HCL (nine months up to March 2010)
Hcl
Company: HCL Tech
Revenues: $2.2 bn
BPO revenues: $168 mn
All figures for year ended March 2010, except Cognizant (year ended December 2009) and HCL (nine months up to March 2010)
Genpact
ITeS companies Company: Genpact
Revenues: $1,120 mn
IT partners: Mastek, NetSuite
Figures for year ended Dec 2009, except for Firstsource and Aditya Birla Minacs, which is year to March 2010. Source: Annual reports, companies
First soucre
Company: Firstsource
Revenues: $413 mn
IT partners: Not available
Figures for year ended Dec 2009, except for Firstsource and Aditya Birla Minacs, which is year to March 2010. Source: Annual reports, companies
Wns
Company: WNS Global
Revenues: $391 mn
IT partners: None
Figures for year ended Dec 2009, except for Firstsource and Aditya Birla Minacs, which is year to March 2010. Source: Annual reports, companies
Exl
Company: EXL Service
Revenues: $191 mn
IT partners: LifePro, Pega
Figures for year ended Dec 2009, except for Firstsource and Aditya Birla Minacs, which is year to March 2010. Source: Annual reports, companies
Aditya birla
Company: Aditya Birla Minacs
Revenues: $350 mn
IT partners: Built inhouse
Figures for year ended Dec 2009, except for Firstsource and Aditya Birla Minacs, which is year to March 2010. Source: Annual reports, companies
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