IT's middle order to give tough chase to Big Four
bengaluru, May 7 -- Smaller information technology (IT) services companies earning $1-5 billion in revenue outpaced the Big Four by more than three times in FY25, a performance they may repeat in the year ahead, multiple analysts tracking the sector said.
Better execution skills and skilful navigation of the GenAI disruption have helped the mid-cap IT companies eat into the business of their larger rivals.
Coforge, Persistent Systems and Hexaware Technologies Ltd reported revenue growth of 31.1%, 18.8%, and 13.7%, respectively in the last fiscal year. To be sure, Hexaware follows a January-December financial year while other homegrown IT services companies follow an April-March financial calendar. Meanwhile, Tata Consultancy Services Ltd, I...
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