Accenture, Infosys, TCS, HCL, Cognizant are top IT service providers

Accenture, Infosys, TCS, HCL, and Cognizant are the Top 20 IT Service Providers for 2022, according to Everest Group, the global research firm focused on strategic IT, business services, engineering services and sourcing.
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The 2022 PEAK Matrix Service Provider of the Year Awards for IT Services, now in their seventh year, recognizes IT service providers who have demonstrated superior capabilities and service strategies in the PEAK Matrix reports issued by Everest Group in the previous year.

Accenture has retained its position as the top IT service provider at the top of the leaderboard for the sixth straight year. TCS and Cognizant, who have been in the top five since Everest Group launched the rankings in 2016, slipped a position this year.  Infosys made an impressive five-position surge into the No. 2 position. HCL has moved up to the fourth position, beating Cognizant.

“The Top 20 IT Service Providers list identifies the best of the best—IT service providers with strong, broad-based capabilities and successful services strategies that align well with the evolving enterprise IT demand,” said Chirajeet Sengupta, partner at Everest Group.

Nine service providers improved their rankings within the Top 20, with Infosys, LTI and Mphasis earning Star Performer of the Year honors for greatest cumulative upward mobility within the Top 20.

Newcomer EXL made the biggest upward leap into a Top 20 position this year, advancing from No. 123 to No. 18.

The report said other new entrants to the list in 2022 are Mindtree (No. 16) and EY (No. 19). Five Top 20 service providers slipped in the rankings, although none dropped greater than two positions, and four service providers maintained their position for 2021. PwC, Genpact and Coforge exited the list this year.