Wipro Infotech has been named the leader in the Managed IT Services market by Springboard Research, a leading Market Research firm. The report titled “Indian Managed IT Services Market,” provides comprehensive insights and practical outcomes for the Indian managed IT services market from an end-user and supplier perspective.  
  According to the report, the IT managed services market in India is expected to reach US$3.8 billion in 2013 from US$1.6B in 2009, growing at a CAGR (compound annual growth rate) of 22.8% -- higher than the growth rate of overall IT services market. As per the report, Wipro has the highest market share in India. 
 
Wipro’s significant focus on large customer acquisitions with specific domain centric solutions has catapulted the company in to the leadership position in Managed Services. Wipro has built a healthy pipeline across industry verticals and strengthened its presence by winning strategic deals and launching new solutions.  
 
“These significant and transformational deals, demonstrate Wipro’s growing maturity in the domestic market.. We are pleased with the findings of Springboard Research which is testimony to our superior delivery capabilities, process maturity and governance frameworks in managing large, complex and multi technology environments, effectively,” said Vice President, Managed IT services, Wipro Infotech, Kiran Desai.