Indian BPOs dominate world top-10 list

The latest 2008 Global Outsourcing 100 list, compiled by the International Association of Outsourcing Professionals (IAOP) that features at least 20 Indian firms, has five of them - Infosys (third rank), TCS (sixth), Wipro (seventh), Genpact (ninth) and Tech Mahindra (tenth) - in the top 10.

"Half of the top 10 companies are from India reflecting a strong growth in the outsourcing industry. Infosys Technologies is number three on the Leaders List, representing firms with annual sales of $60 million or more," IAOP said in a statement.

Accenture has cornered the top slot and IBM is in second place. Companies on the list averaged $1.7 billion in annual sales and engaged about 27,000 employees across the world.

Other Indian companies in the list are HCL Technology (11th rank) Mastek (16), WNS Global Services (19), Hexaware (22), ExlService (26), 24/7 Customer (28), Cambridge (36), ITC Infotech (40), KPIT Cummins (42), Patni (46), Zensar Technologies (53), MindTree (54), Mphasis (56), Aditya Birla Minacs (62), Firstsource Solutions (73) and VCustomer (84).

According to IAOP, employee management is the key strength for Wipro and TCS while executive leadership is cited as the strong point for Infosys and Genpact.