Wipro tops offshoring list

K.C. Krishnadas
(08/17/2004 9:00 AM EDT)

BANGALORE, India — Wipro Technologies, the software services division of conglomerate Wipro Ltd., tops a list of offshore software and business service providers, according to an industry survey.

International Data Corp., (Framingham, Mass.,) studied 21 offshore service providers as well as those offering research and development services. In a report, the market researchers ranked Wipro first using a formula that looked at each company's ability to gain market share. The study analyzed relative strengths, weaknesses and market position of the major offshore providers.

Wipro's headed a list of Indian companies that included second-ranked Tata Consultancy Services and Infosys Technologies, which ranked third in the survey.

IDC found that Wipro has the highest concentration of engineers in the higher-investment business segments such as chip design services, an area most Indian software firms avoid. Other Indian companies cited in the study were HCL Technologies, Satyam Computer Services, NIIT and Patni Computers.