DataQuest - December 2022

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40 YEARS AT THE TOP
The Indian IT industry bounces back after the pandemic era, and in great style.

40 YEARS AT THE TOP

We are back with the annual Dataquest Top 20 rankings. While the list continues to be dominated by the IT services industry, 2022 has been a really good year after the virtual collapse of the Indian economy in 2020 and the recovery of 2021. Overall, the list offers great hope for the future and India’s role in the global digital economy

6 mins

INNOVATING FOR GREATER FUTURES

Unless the recession plays out its fullest blow, the estimated revenue growth for TCS will be around 14% within EBITDA growth of 10.5% in the next FY

3 mins

POISED FOR FUTURE GROWTH

The last few years of stable leadership and market-aligned strategy delivered double-digit growth for the company

4 mins

BETTING BIG ON THE CLOUD

HCLTech is betting big on the cloud with its CloudSMART while IoT WoRKS and EdTech are some of its other products for an integrated portfolio of offerings

3 mins

AFFIANCED TO THE $10BN CLIQUE

Wipro witnessed a significant milestone in FY 22 when it surpassed 10 billion in revenues and clocked the fastest growth in absolute terms. It has taken its founder Azim Premji's wealth to a big 1,74,925 crore.

3 mins

FUELLED BY GROWING DEMAND FOR TECH PRODUCTS

Redington has reached a significant milestone by surpassing Rs. 62,000 crores in revenue for the entire FY’'22. PAT growth has been significant, increasing by 69% for the year, and the company has generated Rs 989 crores in cash flow from operations.

2 mins

CULTURE OF SHARED SUCCESS CREATED NEW CLIENT TIES

Accenture observed a sense of urgency among clients on their journeys toward digital transformation in light of the macroeconomic risks

3 mins

"DIGITAL, NOT LEGACY FIRM"

Tech Mahindra expects to touch 1 billion revenue in 5G solutions alone in FY23

3 mins

COVID WENT.HEALTHCARE STAYED

A look at the company’s revenue footprints and business strides since 2021 shows that health and products are its new strong lanes now.

5 mins

MOVING INTO THE NEW AGE MARKET WITH THE INTERNET OF THINGS

The distributor's main pivot has been the SMB market catering to the appetite for technology to add scale, enhance services and improve productivity

3 mins

INNOVATE AND REINVENT

Laptops and PCs have become an integral part of working, learning, and entertainment and HP hopes to reinvent how consumers approach work and leisure

2 mins

MORE POWER TO DO MORE

With the hybrid work momentum taking off strongly in the region, the company's Client Solutions Group's revenue was up 45 percent YoY

2 mins

OPENING THE CORK AND CELEBRATING DIGITAL FORCES

The IT major has been showing many geography-led initiatives and future forward collaborations while sharpening its tool-kit on AI, Cloud and Metaverse areas

3 mins

WHETTING THE EXPLOSIVE DIGITAL TRANSFORMATION APPETITE, TRIGGERED BY THE PANDEMIC

Mindtree and L&T Infotech merged after this survey to become LTI Mindtree. This entity should easily be among the Top 5 IT in the next survey

3 mins

MORE SOFTWARE WITH HARDWARE

The company is aiming for the next big opportunity, as the scenario-based solutions market continues to grow, Lenovo expands from smart devices to smart spaces

4 mins

EMPHASIS ON LARGE DEALS

Mphasis is a digital transformation major with design engineering as its forte. It has some interesting deep engineering tools and works on the Mphasis Tribes and Squads model

4 mins

INCREASING ITS CLOUD COMPUTING CAPACITY

Cloud services are the main emphasis of Microsoft's complete business suite. For instance, Microsoft Azure is the company’s primary focus for cloud services. But things are more challenging now

2 mins

GROWING IN NUMBERS AND SIZE

The account mining strategy, crossselling, and upselling are working in favor of the company and are reflected in their top 2 to 20 clients’ growth at 41 percent YoY

3 mins

GREAT POTENTIAL FOR THE FUTURE

Intel has invested more than 8 billion in India to date and aims to further expand its R&D and innovation in India

2 mins

SEARCHING FOR THE FIRST PAGE

A major chunk of the company’s revenue pie comes from enterprise, IT and Cloud areas

2 mins

CLOUD IN THE SILVER LINING

Cloud behemoth Amazon Web Services (AWS) is on a spin with newly-minted offerings that flank the Cloud core well

5 mins

COLLEGES GAINING FROM STRONG TECH TAILWINDS

The DQ-CMR rating of engineering colleges has achieved reputation and is highly sought after for the insights it delivers directly from the ground up, addressing the prerequisites of all stakeholders for the past sixteen years. In a time when digitalization has become fashionable, the DQ-CMR Digital Index Survey, now in its third edition, emphasises the use of ICT in engineering institutions for technical education.

10+ mins

A template for attaining sustainable growth throughout the world

The 7th Edition of the Ideal Village Conference was held at Banaras Hindu University’s Swarantrata Bhavan. The conference was organised by Stanford University, WHEELS Global Foundation, Pan-lIT Alumni, and Banaras Hindu University to look at the best practices from successful rural transformation implementation

5 mins

DATA IS NOT FOR THE FEW

It’s for everyone and it is being made more useful and simple with Al, Cloud, Synthetic Data and intuitive skills. Here’s why and how...

3 mins

NOT 'AN ERA OF CHANGE' BUT 'CHANGE OF AN ERA'

Goldilocks in Scuba-gear How deep is Salesforce’s India going? The perfect person to answer that question is someone who does not shy away from adventures, and is always up to venture into a new, unfamiliar and exciting environment.

3 mins

DIGITAL PAYMENTS FEASIBILITY CLOSE TO SEVEN MILLION TRANSACTIONS IN A DAY

The OND quarter witnesses a festive season in most parts of the world. We have seen a surge in liberal spending as the market is opening up and people are gearing up to spend on Luxury and travel.

6 mins

Connecting the Remote Dots

Ease of Use, simple setup, and quick configuration of Accops solution enabled Straive to connect their remotest employees in a jiffy. Their on-premise workforce is down by 50% and overheads are down by 20%

5 mins

GreenLake Edge-To-Cloud New Offerings

HPE with a continued focus on its GreenLake edge to cloud everything as a service has added a slew of new offerings and partnerships to make a compelling proposition to its customers.

3 mins

Roadmap to digitization

The Internet Governance Forum IGF) is a multistakeholder platform bringing together representatives from various groups, considering all to be at par to discuss public policy issues related to the Internet.

2 mins

Tool For New Wave Of Learning

In partnership with EY-P, Lenovo has launched its SmarterEd Digital Maturity Index tool for educational institutes. The SmarterEd Digital Maturity Index will help institutes understand. their technological needs better and pave the way for the new wave of learning.

1 min

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DataQuest Magazine is India's leading technology media publication, providing in-depth analysis of market trends and fast-changing technologies. It is a must-read for anyone who wants to stay ahead of the curve in the Indian IT industry.

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* In-depth analysis of the Indian IT market: DataQuest Magazine's team of experienced journalists provides expert analysis of the key factors driving the Indian IT market, as well as the challenges and opportunities facing Indian IT companies.
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