Indian IT's big four: Will the next decade be as good as the previous one?

The coming decade will be more challenging; only those that foresee change and adapt quickly will remain this strong

Last week TCS reached a historical landmark when its market cap hit the $100 billion mark. India's top four IT service companies viz., TCS, Infosys, WIPRO and HCL Technologies collectively built a revenue base of around $45 billion and created a market cap of around $183 billion (over Rs 12 trillion), which is significantly more than the overall BSE market cap at the start of this century! The combined annual wage bill of these four giants now stands at around $24 billion (Rs 1.60 trillion).  

The last ten year period for these four giants has been phenomenal – collectively they rewarded