Wipro Infotech leads Indian Managed IT Services market:Springboard

June 4th, 2010 by Harsimran Pal Singh Leave a reply »

Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, has announced that it has been named the leader in the Managed IT Services market by Springboard Research, a leading Market Research firm. The report titled “Indian Managed IT Services Market,” provides comprehensive insights and practical outcomes for the Indian managed IT services market from an end-user and supplier perspective.

According to the report, the IT managed services market in India is expected to reach US$3.8 bn in 2013 from US$1.6B in 2009, growing at a CAGR (compound annual growth rate) of 22.8% — higher than the growth rate of overall IT services market. As per the report, Wipro has the highest market share in India.

Wipro’s significant focus on large customer acquisitions with specific domain centric solutions has catapulted the company in to the leadership position in Managed Services. Wipro has built a healthy pipeline across industry verticals and strengthened its presence by winning strategic deals and launching new solutions.

The year 2009 saw some marquee wins and multi-year deals being signed by Wipro, the most visible of them being, a multi-million dollar outsourcing contract from Unitech Wireless (A Unitech Telenor company) and another from Lavasa for developing India’s first and complete e-city. In October last year, Wipro also won a 10 year total outsourcing deal from Delhi International Airport (P) Limited (DIAL) to provide world class IT Infrastructure and Services for Indira Gandhi International Airport (IGIA), New Delhi.

In the government space, Wipro won a large e-governance contract from Employee State Insurance Corporation (ESIC) for automating healthcare administration benefiting millions. Some other key wins include two mission mode projects under the National e-governance plan (NeGP) for Maharashtra and Gujarat State Data Centers.

“These significant and transformational deals, demonstrate Wipro’s growing maturity in the domestic market.. We are pleased with the findings of Springboard Research which is testimony to our superior delivery capabilities, process maturity and governance frameworks in managing large, complex and multi technology environments, effectively,” said Vice President, Managed IT services, Wipro Infotech, Kiran Desai.

Source:http://www.indiainfoline.com/Markets/News/Wipro-Infotech-leads-the-Indian-Managed-IT-Services-market/4854722257

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