New Delhi, Dec 07: Despite the small revenue they earn compared to their global competitors like Accenture and IBM, Indian IT services companies led by TCS, Infosys and Wipro have caught the attention of top Infotech companies. "TCS, Infosys and Wipro each now boast revenues of about one billion dollar and that's still tiny in comparison with competitors like IBM's global services division (40 billion dollar) and Accenture (12 billion dollar), but it is clear that the Indian pipsqueaks have caught the attention of big guys," according to the latest issue of US magazine Fortune.

Accenture now has 4,000 employees in Bangalore and Mumbai up from just a couple of hundreds a year ago.

"They (the big IT companies) have the advantage of stronger brands. We are working on that. But they have no experience with the global delivery model, we are masters at IT," the magazine quoted Bangalore-based Wipro chairman Azim Premji as saying. "US society is not being reskilled and retooled to stay on the top of the emerging environment," Premji was quoted in by magazine as saying.

It also quotes Bangalore-based it Bellweather Infosys airing the same views.

Fortune says the genesis of Indian IT services industry led by TCS, Infosys and Wipro is outsourcing, and outsourced jobs are coming up in every major Indian city.

"The next stop for outsourcing are provinces," it said.

Bureau Report