Saturday, April 12, 2008

Top Software Outsourcing Companies

Out of the Top software outsourcing companies in India 3 has been listed with the market capitalization. Infosys Technologies Limited one of the Top Software Outsourcing Services providers in the World said it added 14,200 employees last year, bringing its total workforce to 49,422. That represents a 40% increase in the number of workers at the company. This is a clear indicator that the use of Offshore software development services is growing and more companies are looking to partner with a Top Outsourcingf Provider for offshore development of there applications.

Market capitalization is a measurement of corporate or economic size equal to the share price times the number of shares outstanding of a public company. The Top Software Outsourcing Companies in India are TCS,Wipro, Infosys are just below that of multinational companies like IBM and Accenture. So as we are discussing regarding Top software outsourcing Development firms in India lets look at Tata Consultancy Services, with a turnover of more than $1.8 billion, as on December of previous year with market capitalization of $18.14 billion; Infosys with annual revenues for the fiscal year 2006-2007 exceeded US$3.1 billion with a market capitalization of over US$30 billion.; and Wipro, posted a net profit of Rs. 7.3 billion and growth of 17% in the Q1 2007-08. In 2004 Wirpor Becomes 4th largest company in the world in terms of market capitalization in IT services

While consideration of the growth for years in-between 2005 to 2006, the market capitalization goes up by 29.5%, 42.6% and 20.1 % respectively for all these three MNC in the software development field. Since If one consider the total revenues, multinational companies such as EDS & CSC are in-between three to four times bigger than combined capacity of the Infosys, TCS and Wipro, but in market capitalization terms three, Top Software Outsourcing organization in India are together four times as bigger than Electronic Data System or Computer Science Corporations.With theboo of the software industries at this time one can say markets are rewarding top Software Outsourcing Development firms in India more than their mnc peers can be gauged by the new R & D and methodologies with relative value of growth. Generally it suggests that Indian Information Technology companies like Infosys, Wipro, Satyam Computer Services and Tata Consultancy are the best among top five software outsourcing firms deriving market-capital of 80-85% from investor growth expectation.In one research, the expert has found that Top software outsourcing Development organizations in India were willing to invest in clients even after 3-4 years of the contract has been finished. When majorities of timeframe in outsourcing deal fall apart it makes deals. Services can eventually lead on an international basis and use the positions of global giants in Software Outsourcing Organizations.

The Top Software Outsourcing Companies growth is due to the the increasing number of outsourcing contracts being awarded to Top Offshore Development companies. The contracts include IT and business process outsourcing deals, both in the U.S. and overseas. However, Top Software Development Companies are facing shrinkeage in the total value of global software development outsourcing contracts. That drop was due to cost savings from contract restructuring, some contract terminations and smaller contracts

Symbyo Technologies is one of the Top Software Outsourcing Companies in World offering Software Development and outsourcing services to fortune 1000 companies.

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