IT industry is on the boom with the rise of cloud and social media. More and more companies are investing in technology, combined with cost-saving measures, it is no wonder that outsourcing companies are receiving the benefits from this industry, in many ways. If we talk about India, it is one of the major destinations for IT companies, with many outsourcing companies doing business in large operations such as IT development and support functions. Let’s compare three major companies in this sector, they are IBM, Infosys and TCS.
IBM
IBM stands for International Business Machines, IBM is a global tech company that provides hardware, software, cloud-based services. I was founded in 1911, originally called Computing-Tabulating-Recording Company. It got renamed to IBM in the year 1924. The company is over 100 years old and there no surprise that it has to adjust to different technological trends over the decades. The company is now transitioning from being an infrastructure player to a cloud and data-driven process. The company offers cloud bases products in the shape of a SoftLayer cloud, Bluemix and data analytics, or cognitive computing capabilities. The company offers software with the likes of its DB2 database, and IBM SPSS. Ginni Rometty is the current CEO of IBM. IBM has been focused on continuous innovation. Patenting is one of an important barometer of innovation, and IBM has topped the annual list for the 20th consecutive year.
Roles offered to a Fresher in IBM: IBM is one of the largest mass recruiters worldwide. IBM conducts both on-campus and off-campus drives. The designation offered to a fresher in IBM is that of an Assistant System Engineer. The freshers go through two months of training, after that they are assigned to a project. The role of the fresher depends on the project they have been assigned to.
Job Prospects: IBM provides tremendous growth opportunities. As a fresher, if one gets into the IT division of IBM there would be a tremendous growth opportunity.
Pay Package & Benefits: The annual pay package of a fresher in IBM varies from Rs. 3–3.5lacs. The benefits provided to the employees include House Rent Allowance, Conveyance Allowance, Medical Reimbursement, Personal Allowance, Health insurance, etc.
Infosys
Founded by Mr. Narayana Murthy along with all the other partners in the year 1981, Infosys headquarters is in Bangalore. Infosys has multiple development centers and offices that operate throughout the world. It is an Indian Multinational Company providing services in Business consulting, IT services and Outsourcing. It is one of the largest Indian IT company. En numbers employees that are working for this massive company. Apart from known for its contribution to the IT industry worldwide, it has been secured a position in Top Ten Greenest Indian Brands nationwide. For three decades, Infosys is focused on bringing some of the best technological ideas to life with amazing business solutions around the world for its clients.
Roles of a Fresher in Infosys: Infosys is considered to be one of the best and largest IT companies to work in India. A lot of freshers are hired for the posts of System Engineer and Operation Executive in Infosys. After the training, a candidate can be posted in any one of the company’s locations in India. The role of the fresher depends upon the project they have been assigned.
Job Prospects: As a fresher, one needs to use their technical proficiency in various stages. One will be directly in touch with the client and the team and will code, design, develop and review the work.
Pay Package & Benefits: The annual package in Infosys depends on the role of an individual. The monthly take-home salary varies from one position to another. The benefits provided to the employee by Infosys include House Rent Allowance, Leave Travel Assistance, Medical Allowance, Transport Allowance, etc
Tata Consultancy Services
TCS was founded in 1968 and has its headquarters in Mumbai. It is currently leading the IT industry in India due to its IT consulting and IT services. J.R.D Tata is the founder of TCS, and Mr. Natarajan Chandrasekaran is presently the CEO of the company. TCS branches are widespread in 46 countries around the globe, and the company has gathered nearabout 3lacs recruits approximately. The company shares the list of top most IT enterprises in the world with Infosys and IBM. TCS has also maintained its position throughout at the top amongst all the other IT companies that are operating in India since long. TCS has more than 40 years of experience along with its 59 subsidiaries, offers services related to technology and maintains the quality standards thus provide a world-class service. Tata Consultancy Services has earned an unshakable position in the Top 10 IT (Information Technology) companies in India.
Roles of a Freshers in TCS: TCS is one of the large recruiters for freshers. TCS conducts recruitment drive on both on-campus and off-campus. In TCS freshers are generally hired for the designation of Assistant System Engineer. The role of the fresher is decided on the process training they undergo and the project they are assigned to work upon.
Job Prospects: As a fresher in TCS, one gets the best of training available. After 1 year one gets to work onsite. The biggest plus point in TCS is that one will get to learn immensely as different roles will be assigned during the work period.
Pay Package & Benefits: The annual package of a fresher in TCS is near about INR 3.5lacs. Some of the benefits provided to the employee by TCS include Conveyance Allowance, House Rent Allowance, Leave Travel Assistance, Food card, Personal Allowance, Health insurance, Medical Reimbursement, etc.
Conclusion
To understand the ‘better’ out of these 3 firms, let’s conclude the below points :
- Pay Scale: All three companies offer almost the same figure at the start of the association
- Initial Training: Better at Infosys (better than just any other IT firm out there)
- Job Stability: so to rate it is like good at Infosys, better at IBM and best at TCS
- Annual Appraisals: better at Infosys than other IBM and TCS
- Onsite Opportunities: TCS lead in it
- Global Presence: IBM & TCS leading the league than Infosys
- Office Infrastructure: Infosys is the best
- Promotions: Almost the process across all three companies
- Brand Value: IBM is number one followed by TCS and Infosys takes the third place.
All three companies have their advantages and disadvantages. It could be just an individual choice which company they find better per their perspective.