Indian IT Services Brands Outpace US Competitors in Brand Finance IT Services 2022 Report. Accenture retains the title of the world’s most valuable and strongest IT services brand. TCS reaches the second position for the first time.
BRAND FINANCE IT SERVICES List
- Accenture retains title of world’s most valuable and strongest IT services brand, with brand value of US$36.2 billion. Accenture achieves top Brand Strength Index (BSI) with score of 87.7 out of 100.
- Valued at US$16.8 billion, TCS reaches #2 for first time, topples IBM from its previous position.
- Infosys at #3 emerges as fastest-growing IT services brand globally following 52% brand value growth since last year and 80% since 2020 to US$12.8 billion.
- Fastest-falling brand in ranking following divestment, IBM drops out of top 3, but brand strength improves with increased focus on core competencies
- Indian IT services brands make a leap, with average growth from 2020 to 2022 at 51% compared to -7% for brands from United States
- Next to TCS and Infosys, four more brands from India: Wipro, HCL, Tech Mahindra, LTI
- Two new US-based brands enter top 25 ranking – EPAM (16th) is highest new entrant, joined by brand-to-watch Thoughtworks (24th)
