May 24, 2006
IBM leads the pack of top 100 outsourcing companies
The International Association of Outsourcing Professionals (IAOP) has released a list of the top 100 global outsourcing giants, and IBM leads the pack. The list of 100 highlights the role of the outsourcing industry in the economy; the 100 firms represent 68.9 billion in 2005 revenues and 1.03 million employees worldwide. The clients of these companies provide services in the banking, insurance, manufacturing, automotive, healthcare, pharmaceuticals, utilities, energy, telecommunications, retail, consumer packaged goods and the government and public sectors, and includes Fortune 500 companies such as GM, Ford, Citigroup, Bank of America, ExxonMobil and Verizon.
The top 100 service providers extend outsourcing support in the entire gamut of services--information technology and business process outsourcing, as well as areas such as facility services, real estate and capital asset management, manufacturing and logistics. From an Indian perspective, companies like Wipro Technologies and Genpact figure in the top 20.
For the full story, read IBM is ranked top global outsourcing company.
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