Advertisment

IBM tops IT service market: Springboard

author-image
CIOL Bureau
Updated On
New Update

BANGALORE, INDIA: IT major, IBM today announced that a leading analyst and IT market research firm Springboard Research has recognized IBM as the leader in the Indian domestic IT services market with a market share of 10.8 per cent for calendar year 2008.

Advertisment

In its report titled, “India IT Services: Competing for Tomorrow’s Market,” Springboard ranks IBM as the number 1 vendor in IT infrastructure services and consulting services, said a press release.

According to the research firm, IBM continues to lead the market, leveraging its success with large end-to-end outsourcing deals and the ability to integrate consulting services, it added.

“Vendors with end-to-end solutions capabilities that span hardware, software, integration and consultancy lead the Indian IT Services market,” said Phil Hassey, vice president, Services Research at Springboard Research.

Advertisment

He further added, “The Indian market is transforming from small contracts to large multi-year outsourcing deals, and these vendors have the size and capability to maximize their opportunity.”

The Indian market has been witnessing an increasing number of organizations outsourcing their functions to improve competitiveness in the market.

IBM’s success in the Indian IT services market has been driven by significant, large-scale business transformation engagements as well as a sharp focus on SMB signings across consulting and application services portfolios and industry-specific infrastructure services, technology design and consulting services, said the release.

Advertisment

IBM’s unique value proposition to help its clients do more with less in economically challenging environment continues to earn greater trust and more business—resulting in an increasing market share, year after year.

Commenting on the report, Shanker Annaswamy, managing director, IBM India Pvt Ltd said, “IBM has transformed the services model globally, and Springboard’s assessment of our services leadership in India underscores the success of IBM’s strategic focus on growth markets.”

“Every client, big or small wants to optimize their IT investments, innovate, become more operationally efficient and mitigate risk. IBM has built solutions across a wide range of industries that can help clients maintain their competitive edge in an increasingly interconnected and instrumented world, ” he added.

tech-news