Coforge edges past rivals in a hotly contested mid-tier IT services market

Coforge has quietly climbed up the ranks in the pecking order of mid-tier Indian IT services companies and is entangled in a stiff competition with Mphasis, Hexaware and Persistent to emerge as the next big company after LTIMindtree.

 

According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis. While Coforge reported revenue of $1.44 billion for the financial year ended March 31, Mphasis reported revenue of $1.68 billion during the same time. LTIMindtree, however, is way above the rest with about $4.5 billion.

 

The bigger battle is, however, between Coforge and Persistent. The two companies crossed