IBM Global Services steals the show in the Lighthouse Services Index

IBM Global Services is the most prominent gainer this month as it enters the top 10 firms in the Lighthouse Services Index. Also known as the Big Blue, the firm has recently announced an all time high profit of nearly $1 billion from its operations in India. Computer Sciences Corporation(CSC) which is moving its headquarters from California to Virginia has also gained 2 positions and is now ranked at the 3rd spot. The firm has also announced the completion of the acquisition of First Consulting Group as well as winning of a $544 million contract to provide facility support services at NASA headquarters.

Orange Business Services and Xansa are the two new entrants in the top 25 list of the Lighthouse Services Index. Orange Business Services is the biggest gainer this month and has shot up 6 positions. The firm has announced 3 new senior management positions and it would be interesting to see the direction that the firm will take in the increasingly competitive landscape. Xansa, which was acquired by Groupe Steria last October, has also gained 5 positions.

Patni which was the biggest gainer last month is the biggest loser this month. With nothing to show off and gain attention in the last month the firm has lost 9 positions thus nullifying its last month’s gain. TCS which has announced the setting of a strategic business unit to expand presence in emerging markets has lost 6 positions and is now at the 16th spot. Infosys, which had just last month moved up to the 3rd spot has lost 3 positions and is now out of the top 5 firms.

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Duncan Chapple