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IT Service Provider of the Year Award 2018

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IT Service Provider of the Year Award 2018 IT Service Provider of the Year January 2018 WHAT ARE THE PEAK MATRIX SERVICE PROVIDER OF THE YEAR™ AWARDS FOR IT SERVICES? I , Eerest Group pulished 4 PEAK Matri™ IT series ealuatios featurig serie proiders aross all evaluations. To recognize consistent top performers across PEAK Matrix assessments, we publish the PEAK Matrix Service Provider of the Year Awards. This is the third edition of the PEAK Matrix Service Provider of the Year Awards. WHY THE PEAK MATRIX SERVICE PROVIDER OF THE YEAR™ AWARDS? Everest Group PEAK Matrix evaluations are a valuable resource for IT services buyers to evaluate, compare, and contrast key service providers in the global services space. These assessments offer service provider selection guidance, as ell as uaed isights ito these proiders’ strategies for ke usiess lies, geographies, ad tehologies. While there are service providers that feature as Star Performers, Leaders, Major Contenders, or Aspirants on individual evaluation categories, there are some that exhibit consistent leadership and top performance across a differet ategories. As toda’s eterprises aigate the ople ladsape of et-generation and legacy technologies, a global business footprint and a complex provider portfolio, the PEAK Matrix Service Provider of the Year Awards help them to identify the best of the best – service providers with strong broad-based capabilities and successful services strategies that align well with the evolving enterprise IT demand. HOW ARE THE PEAK MATRIX SERVICE PROVIDER OF THE YEAR™ AWARDS EVALUATED? We use the following evaluation criteria to determine the Service Provider of the Year Awards: ITS Top 20 list: We create the list using a consolidated score reflecting points received on individual evaluations based on tiered scores for Star Performer, Leader, Major Contender, and Aspirant positions Idiidual ategor aards: We ase these aards o the out of Leader or Star Perforer positios aross the category evaluated Top hallegers: We reate this list usig the sae ethodolog as the ITS Top list. This list reogizes the top 10 service providers with annual revenue of less than US$2 billion NEW FEATURE IN THIS EDITION WHAT ARE CHALLENGERS? Some service providers with annual revenues of less than US$2 billion are positioning themselves as challengers to leading players and credible alternatives for enterprises by focusing on specific solution segments, geographies, and/or industries. In an effort to recognize these providers, we are introducing a new category, Challengers. This year, we honor the top 10 Challengers. Additional information about PEAK Matrix evaluations and categories is available here. 2 In 2017, Everest Group evaluated the following 24 segments using the PEAK Matrix methodology. We have determined the PEAK Matrix Service Provider of the Year Awards based on consistent performance across these segments. Healthcare & Life Sciences (HLS) Healthcare LS IT Healthcare Payer IT Application Provider IT Healthcare LS Clinical Consulting Services and R&D Services Services IT Services $ Banking, Financial Services, and Insurance (BFSI) Life & Digital Digital Capital Services Pensions Property Insurance Risk and Services in Digital Markets in Wealth Insurance & Casualty Banking AO Regulatory Consumer Services AO Management AO Insurance AO Compliance Banking in P&C AO AS in BFS Insurance Cloud & Infrastructure Services (CIS) Cloud Workplace Enablement Services IT Services IT Security Infrastructure Services Automation Application Services (AS) Automation Application in IT Modernization Workday Application Independent Services HCM IT Dev-test Testing Services Services Digital Services (DS) IoT Services Digital Services 3 PEAK Matrix Service Provider of the Year: ITS Top 20 Up Down No Change New to the list Star Leader Star Major Contender Aspirants Leader Major Contender Rank in Rank in 2017 2018 Accenture 1 1 TCS 4 2 Cognizant 2 3 Wipro 5 4 IBM 3 5 HCL 6 6 Infosys 9 7 Capgemini 7 8 DXC Technologies - 9 NTT DATA 20 10 Atos 10 11 Tech Mahindra 14 12 LTI 16 13 Virtusa 15 14 CGI 12 15 Syntel 17 16 Mphasis - 17 Hexaware 18 18 EPAM 19 19 Genpact - 20 Note: Star Performers denote the service providers with the greatest positive relative year-on-year movement on the PEAK Matrix 4 PEAK Matrix Service Provider of the Year 2018: Top Leaders and Star Performers Leader(s) Overall IT Star Performer(s) of the year Services of the year Healthcare & Life Sciences Banking, Financial Services, and Insurance Cloud & Infrastructure Services Application Services Digital Services 5 PEAK Matrix Service Provider of the Year Awards 2018: Key highlights ITS Top 20 – 2018 ITS Top 20 – 2017 Accenture Accenture TCS Cognizant Cognizant IBM Wipro TCS IBM Wipro HCL HCL Infosys Capgemini Capgemini CSC DXC Technologies Infosys NTT DATA Atos Atos NTT DATA Services Tech Mahindra CGI LTI Hewlett Packard Enterprise Virtusa Tech Mahindra CGI VirtusaPolaris Syntel LTI Mphasis Syntel Hexaware Hexaware EPAM EPAM Genpact NTT DATA Top of the leaderboard: Accenture retains its position at the top of the leaderboard New runners up: TCS moves up to second place (from fourth), leapfrogging, Cognizant and IBM Moving up the ladder: Apart from TCS, seven other service providers improved their rankings in the 2018 PEAK Matrix Service Provider of the Year Awards – Wipro move from 5 to 4 – Infosys moved from 9 to 7 – NTT Data moved from 20 to 10 – Tech Mahindra moved 14 to 12 – LTI moved from 16 to 13 – Virtusa moved from 15 to 14 – Syntel moved from 17 to 16 New entrants: Two service providers entered the leaderboard for the first time – Mphasis (17) and Genpact (20). DXC Technologies (9), a merged entity of CSC and HPE, is featured for the first time Exits: There were no exits from this list on the basis of the methodology. CSC (now DXC Technologies), NTT Data Services (now NTT Data), and HP Enterprise (now DXC Technologies) continue to feature under their new entities 6 NEW FEATURE IN THIS EDITION TOP 10 ITS CHALLENGERS 1 2 3 4 5 6 7 8 9 10 Note: Challengers are service providers with less than US$ 2 billion in annual revenue that are credible partners for enterprises in the digital-first era; see page 2 for a full description 7 About Everest Group Everest Group is a consulting and research firm focused on strategic IT, business services, and sourcing. We are trusted advisors to senior executives of leading enterprises, providers, and investors. Our firm helps clients improve operational and financial performance through a hands-on process that supports them in making well-informed decisions that deliver high-impact results and achieve sustained value. Our insight and guidance empower clients to improve organizational efficiency, effectiveness, agility, and responsiveness. What sets Everest Group apart is the integration of deep sourcing knowledge, problem-solving skills and original research. Details and in-depth content are available at www.everestgrp.com. For more information about Everest Group, please contact: +1-214-451-3110 [email protected] Dallas (Headquarters) [email protected] +1-214-451-3000 New York [email protected] +1-646-805-4000 Toronto [email protected] +1-416-388-6765 London [email protected] +44-207-129-1318 Delhi [email protected] +91-124-284-1000 Bangalore [email protected] +91-804-276-4533 .
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