It is without a doubt that India has progressed so much as a whole country in the past years. As it continues to grow, the democratic nation has also been doing well when it comes to the industry of Information Technology (IT) that have been profoundly expanding, all thanks to some of the top software companies in India.
The country’s National Association of Software and Services Companies (NASSCOM), a non-profit organization that caters to the sectors of BPO and IT, has predicted a growth in export by 13 to 15% and domestic market by 10 to 12%, which happens to be the highest growth forecast after 4 to 5 financial years.
While it continues to prosper, some of the best software companies in India have taken part in generating 2.5 million job opportunities for the citizens. Apparently, they are opening more doors for those who are still seeking for work, decreasing the country’s unemployment rate.
To give acknowledgment for their efforts, here is a list of IT companies that have greatly contributed and are continuously playing a big role in the development of India’s economy. And take note, they are also award-winning firms.
List of software companies in India
|1||TATA Consultancy Service
|6||Oracle Financial Services
Founded by Jehangir Ratanji Dadabhoy Tata and Faqir Chand Kohli in 1968, TATA Consultancy Service (TCS) takes the top spot in this list of IT companies. It is not only one of the top IT companies in India, but also one of the Big 4 IT service providers in the world.
Considered to be India’s face of the IT industry, TCS has been providing numerous services to it clients, including Business Intelligence & Performance Management, Digital Enterprise, Eco-sustainability, Engineering & Industrial, Enterprise Security & Risk Management and IT Infrastructure Services to name a few. It also boasts of highly popular software merchandise like TCS BaNCS and TCS Technology Products.
Moreover, TCS was one of the Top 100 Brand Finance List in America. In 2014, International Corporation named TCS as the number 1 IT Service Provider for Manufacturing in Africa, Europe and the Middle East.
Based in the city of Bengaluru, this firm primarily focuses its business to provide services in information technology, outsourcing and software engineering.
Founded in 1981, Infosys employs at least 175,000 people who are currently being led by Vishal Sikka. It has about 890 clients from 50 countries around the world and has consistently been in the Top 20 of Forbes and Newsweek’s list of most innovative companies. It recently signed a Memorandum of Understanding (MOU) with the provincial government of China where the company plans to open its first branch outside of India.
Headed by CEO Abidali Neemuchwala and Chairman Azim Premji, Wipro has been in the industry for more 70 years, making it as one of the top IT companies in India.
Proving its reputation in the industry, Wipro has been labeled with numerous pioneering IT services like the introduction of Lean Management – an approach that supports the idea of continuous improvement for an organization.
With more than 150,000 workers, this Indian IT firm boasts of initiating the Wipro Technologies Applying Thoughts that made the company as the most recommended IT provider. It is currently focusing on developing its future drivers that include Cognitive Systems, Man-machine Interface, Next-Generation Application Architecture and Smart Devices.
Adding to its achievements, Wipro has been recognized by Golden Peacock Award 2014 for its Assure Health Solutions.
- Tech Mahindra
Another one in the list of IT companies that has contributed to the economy of India is Tech Mahindra. It houses 98,000 people and has branches in 51 countries worldwide. Based in Pune, the IT company is currently headed by CEO CP Gurnami.
Tech Mahindra has expertise in various technological platforms like Social Media Management, Cart Conversion & Recovery, Cloud Aggregation Platform, Managed Data Service and Order Management System to name a few.
With the leadership of the company’s Chairman Anand Mahindra, Tech Mahindra is safely secured under the hands of an intelligent businessman who is willing to go an extra mile in putting the business to greater heights of success.
Just like the previous awar-winning companies mentioned, Tech Mahindra has its share of accolades as it became a recipient of the prestigious Golden Peacock Award and Leader in Excellence in IT.
- HCL Technologies
As one of the famous and Indian tech companies, HCL Technologies employs about 100,000 workers and operates in 35 countries around the world. It provides various IT services for business, custom applications, engineering R&D and IT Infrastructure Management.
Aiming to boost its business operations, HCL Technologies has fostered alliances with almost 100 technological firms that give mutual advantages for beneficial experiences. It also has business relations with international firms.
HCL Technologies is known to be an IT expert in the Cloud Services Marketplace and IDC SAP Marketplace.
- Oracle Financial Services
Having its headquarters in the city of Mumbai, Oracle Financial Services was founded in 1990 and has been known to be a leading provider of IT solutions for the banking industry.
As one of the leading software firms in India, Oracle gives work to its 9,000 employees. It has been doing business in almost 145 countries, delivering IT products such as Enterprise Risk Management, Financial Crime and Compliance Management and Oracle FLEXCUBE for universal Banking Suites among others.
Being in the list of IT companies that exudes excellence, Oracle Financial Services was able to take home the 2014 Fraud and Financial Crime Software Provider.
Founded in 2000 and based in Bengluru, Mphasis is currently headed by CEO Balu Ganesh Ayer. It employs more than 48,000 people and has numerous branches across India. With Hewlett Packard as its biggest foreign client, this IT company has at least 30 offices located in 19 countries as well.
The expertise of Mphasis involves the markets of banking and capital, and different fields of enterprises like Energy, Government, Healthcare, Life Sciences, Media & Entertainment and Telecommunications. It is also confident in the aspect of technology as it provides solutions for digital customer experience.
As one of the top software companies in India, Mphasis recently became a recipient of Corporate Liveware’s Innovation and Excellence Award for Global Technological Solution Services for the year 2015.
- Mindtree Ltd.
With nearly 14,000 employees, Mindtree Ltd. has offices in eight countries, with its main office in Bengaluru, India.
A few of its IT services include Data Analytics, Engineering R&D, Independent Testing and Infrastructure Management that are being been employed in the industries of banking and insurance, electronics, entertainment, manufacturing and retail.
- Polaris Technology
Founded in 1993, Polaris Technology’s headquarters is located in Chennai. There are about 10,000 people working for this company that provides services for Business Consultation, Infrastructure Management, Mainframe, Systems Integration and Testing.
It boasts of receiving numerous accolades that include Best Lending Platform Project Award, Best Central Bank technology Project Award and Best Cross Border Core Banking Project – all for the year 2012 – proving it to be as one of the most promising IT companies in India.
- Rolta India
Kamal K. Singh founded this company in 1989. It is based in Mumbai, India where it employs almost 5,000 workers.
Rolta India boasts of having higher profit margin than its competitors in the IT industry. Apparently, it has made a lot of projects in at least 40 countries worldwide, being an expert in the fields of banking and insurance, power, process, transportation, utilities and many more.
The Indian company shows confidence in its business since it has received a lot of major awards like the SAP Pinnacle Award for 2014 and Municipalika 2014 for providing the best range of IT solutions.