TCS keeps AWS from SITS top spot
TCS keeps Amazon Web Services from SITS top spot
Analysis by TechMarketView of the Software and IT Services (SITS) competitive landscape shows that TCS has retained its position as the largest provider to the UK market.?
The firm displaced Capita from its long-held top spot last year and has since managed to hold off the wave of fast-growing competitors.?
At almost $3bn, TCS is large as well as fast-growing. However, all the UK’s top five largest SITS providers can also boast revenues of over ￡2bn and double-digit growth – with the exception of Capita, which grew 3.1%.
Georgina O’Toole, Chief Analyst at TechMarketView, commented: “The hyperscalers are now a very firm fixture of the leading set of players, with both Amazon Web Services (AWS) and Microsoft chasing hot on the heels of TCS. Indeed, it is possible TCS will lose its top spot as soon as next year to one of them.”
O’Toole added: “The Top 30 SITS vendors as a group generated UK revenue of c.￡39bn during 2021, reflecting growth of 10.5%. Meanwhile, the median growth rate for the Top 30 vendors represents a combined revenue increase of 10.15%. The figure illustrates a marked improvement in fortunes compared to the prior year when the median growth rate was just 0.4%.”?
Based on in-depth analysis – and applying TechMarketView’s unique understanding of the UK’s competitive scene – the rankings cover a wide range of players from around the world. From hyperscalers to heritage-resellers, and SaaS providers to management consultancies, TechMarketView’s supplier analysis is both deep and broad.??
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Read more about the report here:?UK Software & IT Services Rankings 2022.
Subscribers to TechMarketView’s Foundation Service can download the complete report with detailed forecast and trend analysis, including by vertical market, from today.
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For more information or to arrange to interview one of the report’s authors, email?[email protected].
About TechMarketView?
TechMarketView is an influential boutique analyst and advisory firm focused on the UK tech market. Trusted by tech suppliers and tech users as they navigate change, TechMarketView analysts are known for robust analysis of suppliers and disruptive market trends, blending UK depth with forward-looking insight.?
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