New Delhi: Despite the small revenue they earn compared to their global competitors like Accenture and IBM, Indian IT services companies led by TCS, Infosys and Wipro have caught the attention of top infotech companies.

TCS, Infosys and Wipro each now boast revenues of about $ 1 billion and that's still tiny in comparison with competitors like IBM's global services division ($ 40 billion) and Accenture ($ 12 billion), but it is clear that the Indian pipsqueaks have caught the attention of big guys," according to the latest issue of US magazine 'Fortune'.

Accenture now has 4,000 employees in Bangalore and Mumbai up from a couple of hundreds a year ago.

"They (the big IT companies) have the advantage of stronger brands. We are working on that. But they have no experience with the global delivery model, we are masters at it," the magazine quoted Bangalore-based Wipro chairman Azim Premji as saying.

"US society is not being re-skilled and re-tooled to stay on the top of the emerging environment," Premji was quoted by the magazine as saying.

It also quotes Bangalore-based IT bellweather Infosys airing the same views.

'Fortune' says the genesis of Indian IT services industry led by TCS, Infosys and Wipro is outsourcing, and outsourced jobs are coming up in every major Indian city.

"The next stop for outsourcing are provinces," it said.

Terming India as a "land of opportunity", 'Fortune' said that in Mumbai there would be about 62,050 outsourcing and IT workers focussing on financial research, back office and software led by Morgan Stanley, TCS, Citigroup, Mphasis and i-Flex Solutions.

In Delhi, there would be about 73,000 IT professionals of Indian companies doing both captive and outsourcing jobs where the focus is call centres, transaction processing, ship design and software - spearheaded by GE, American Express, ST Microelectronics, Wipro Spectramind, Convergys and Daksh.

The hot spot Bangalore has the highest number of IT professionals at 1,09,500 working for Intel, IBM, SAP, SAS, Dell, Cisco, Texas Instrument, Motorola, HP, Oracle, Yahoo, America Online, Accenture, Wipro, Infosys and Msource.

Bangalore focuses on chip design, software, bio-informatics, call centres, tax processing and IT consulting, the magazine said.

Chennai, with its 51,000 IT professionals, is focussing on software, transaction processing, animation, and World Bank, Standard Chartered, Cogizant, Polaris, EDS, Pentamedia Graphics are operating from there.

Hyderabad has 36,500 IT workers working for HSBC, Satyam and Microsoft. These companies along with others are undertaking works like product design, back office and software.

In contrast, Kolkata with its 7,300 infotech populace is undertaking high-end work like consulting and software. PwC, IBM, TCS, ITC Infotech have got base there.

Pune is another city bristling with IT activity with chip design, embedded software and call centres, 'Fortune' said.

PTI