It is true that India stats as a developing country in the world. But it has very fast and advanced software companies. These companies are good in business relation and information technology. The Indian software companies are very successful in world. The success of software companies rise the economy of a nation, and it grows up rapidly. Software is exported by Indian Software Company and India almost earns 65% of world’s software revenue.
List of Top Ten Indian Software Companies
10. L&T Infotech
The L& T Infotech is the tenth-largest Indian software company. The L & T Infotech means (Larsen & Turbo Limited). L &t is a solution provider and Information Technology (IT) service. L & T is a multinational company that has many departments like construction conglomerate, manufacturing, and engineering, etc. The chairman of the L & T is AN M Naik. In the beginning, the company was known as L&T Information technology limited (in short LTITL). In April 1997 the company decided to change its name and the new name was L & T Infotech. The L & T combined with Fidelity information service. The company collected RS 296 billion revenues in 2007-2008 that was a record.
This company was created when two famous software companies were collaborated. The first company was Mphasis Corporation. This company was US-based, and it was IT consulting company that was introduced in 1998. The other company was an Indian company that was known as BFL Software Limited, and it was created in 1993. These companies combined in June 2000 and a new company Mphasis was formed. The CEO of the company is Jeya Kumar. The staff strength of the company is 27,000 people. In March 2008 company collect a recorded revenue as its revenue was RS 24.23 billion.
8. I-Flex Solutions
Rajesh Hukku is the managing director and chairman of the I-Flex Solutions. The company started its journey in 1991 as Citicorp Overseas Software Limited in short (COSL). After some time, Citicorp information technologies industries limited was farmed as a separate company. The company earned benefit when it started work with MicroBanker (a universal banking product). The company developed a Bangalore development center in 90s. The name of the center was Flexcube. The company originated its products under the brand umbrella. After introducing Flexcube, the new name of the company was I-Flex Solutions. In the year 2008 company earned RS 6.72 billion.
7. Patni Computer System
The company provides business solutions and IT services. It is a leading software company that is ranked as seventh advanced software company of India. The Patni computer system is a very popular software company that has its clients from Europe, Asia, and America. The Patni Computer System was a private company in 1978, but it was converted in a public company in 2003. Narendra k Patni was the founder of the company. Almost 14000 workers are working in this company. In 2008 company earned almost $ 176.4 millionTech Mahindra
6. Tech Mahindra
In 1986 two popular software companies BT plc and Mahindra & Mahindra was combined, and the name of the new company was Mahindra British Telecom. Later on the company again changed its name, and the new name was Tech Mahindra. The main focus and aim of the company is better & fast communication. The profit of the company was almost RS 196.4 billion in 2007.
5. HCL Technology
HCL Technology is a leading software company. It is fifth largest software company in the world. Its annual revenue is recorded almost $ 4.9 billion. The company was founded in 1976. 53,000 professionals who belong to different countries work in this company. The company operates within 18 countries. Ajai Chowdhry is CEO and chairman of HCL Technology. In 2008 company earned the RS 30.17 billion.
4. Satyam Computer Services
Satyam Computer Services was founded in 1987. The founder of the company was Ramalinga Raju. The 51,000 employees work in this company. The company earned $ 2 billion in 2008. The main objects of the company are constant pursuit; focus on the clients and to promote entrepreneurship. The company won the ASTD award in 2007. ASTD stands for American Society for Training and Development.
The company started in 1981. Infosys Technologies Limited was created by seven business partners, and they invest $ 250. The Infosys is now ranked as third largest software company of the world. Almost 94,379 employees work in this company. Revenue of Infosys is almost $ 4 billion. The founder of Infosys is N R Narayan Murthy. Now the chairperson of the company is Kris Gopalakrishnan. The Infosys was also listed in Forbes magazine as a Global High Performer. Water magazine considered Infosys as a wonderful and outsourcing partner. Infosys also won two awards by Banker Magazine due to its outstanding services.
Wipro is an outstanding software company of India. It is R & D, BPO, and IT (information technology) services company. The Wipro is the third largest software company of the world. The founder of the company was Premji, who believed in values. Almost 72,000 employees work in Wipro. Wipro provides its services almost in 50 countries. The company also won the Best Practice Award in testing software. The Chairperson of the company is Azim Premji.
1. Tata Consultancy Services
Tata Consultancy services (TCS) was founded in 1968. Tata Consultancy is an outstanding IT company. Almost 111,000 employees work in TCS. The company started its journey as a small company named as Tata computer center. The annual revenue of TCS is almost $ 5.7 billion. The Ramadori is managing director and chief executive of the TCS.
Now the question is that why the Indian software companies are very successful and popular. There are many reasons, but the main reason is that India has introduced new skills but low rates and cheap professionals. 5% of Indian GDP is earned from software companies. It is because India provides best multimedia offering, internet marketing, customization services, programming services and custom business solutions.
List of Top Ten Indian Software Companies
|Ranking List||Software Companies||Founded|
|1||Tata Consultancy Services||1968|
|4||Satyam Computer Services||1987|
|7||Patni Computer System||1996|