NEW DELHI| Work from home and destination hiring are new trends in 2020. This was revealed in the ITES (Information Technology Enabled Services) Power Movers 2020 report of Viziki, Asia’s fastest-growing PR-SAAS start-up. The report highlights the top 25 companies in the Indian ITES sector. According to the ITES Power Movers 2020 report, Infosys, TCS, Wipro, IBM, Cognizant are the top 5 IT companies of 2020 (mentioned by rank).
Further, services and product disclosures reveal that at the top, ITES services have three Indian IT giants – Infosys, TCS and Wipro. In the enterprise product category, Dell, HP, Cisco and Oracle emerge as leaders.
The report talks about emerging trends within the ITES space, such as the adoption of Work from Home technology, incorporating cloud offerings and a strong lineup of acquisitions and partnerships seen during the year. Analyzes from top company’s announcements show that the epidemic has successfully reversed the trend of traditional outsourcing in the industry and led to an increase in destination hiring as a popular practice.
Commenting on the trend, Vijiki CEO and co-founder, Anshul Sushil said, “The Indian IT industry has definitely gone through a difficult period with massive layoffs and pay cuts in the first half of the year. Is. It has taken time for them to adopt the new normal. Through our analytics tools to dig deeper into the news, we have decided that destination hiring and remote working are the top emerging trends in the industry. ”
Sharing his thoughts on the importance of news analytics for brands, he said, “At Vijiki, we analyze millions of news data points with Big Data technologies such as Predictive Analytics and Machine Learning. In-depth analysis of all sectors and news articles Helps us create meaningful and important data insights for different brands. ”
The report analyzes the top trends in the industry:
Global Impression: Due to low enthusiasm and travel and visa uncertainties, most ITES firms announced plans for destination hiring. The epidemic reversed the trend of outsourcing and gave the world far more confidence to manage operations anywhere around the world.
Work from home: Most IT companies adjusted to the post lockdown new realities. All the companies in the sector made large-scale changes by adopting the formula of working from home as the New Normal. Being the largest white-collar employee in the country, hiring has been in the process of recanalization, virtual interviews and work from home fresher to mid-level hiring.
Clearing the way for the cloud: Cloud offering for the ITES category. Most companies announced new products that could promote better work than home solutions in the post-Kovid-19 world. 4 out of the top 5 companies announced initiatives to strengthen cloud offerings.
Inorganic Growth: Many companies in the sector got opportunities for inorganic growth and new partnerships in these unusual times. All top companies announced plans to acquire and partner between Kovid-19 Impact.
Sushil said, “We have used 9 metrics or factors for the findings, such as sentiment score, an indicator of company perception in the media, coverage in prestigious media houses in prominence score, consistency score, volumetric score, leader head score The company includes focused media coverage. Range scores include measuring engagement with journalists and publications. The Viziki Newsmaker Score is a combined weighted score of all metrics and, ultimately, the Viziki rank is assigned based on the Viziki Newsmaker score.