​India outsourcing giants grab larger portion of contract pie

IDC data indicates that India's outsourcing companies now account for more than half of the total contract value of the top 100 deals.

India outsourcing giants such as Cognizant, CGI and Wipro are grabbing and increasing part of the global contract pie, according to IDC data.

IDC's data indicates that India outsourcing companies now represent more than 50 percent of the total contract value of the top 100 outsourcing deals in 2014. In 2013, India's outsourcers represented 43 percent of the total contract value.

According to IDC, the outsourcing contracts have also shifted from public sector deals to commercial and private sector. Meanwhile, fewer providers are vying for the big deals.

Overall, it appears that India's outsourcing players are doing a good job of moving upstream to more high-level engagements. Cognizant is an example of a company that has effectively moved upstream.