According to the latest report from leading brand valuation consultancy, Brand Finance, Accenture retains its position as the most valuable IT services brand in the world for the fifth consecutive year.
As per the report, apart from being the most valuable brand in the ranking, Accenture is also the strongest IT services brand in the ranking with an impressive Brand Strength Index (BSI) score of 87.8 out of 100 and a corresponding AAA brand rating.
TCS is the second most valuable IT services brand in the ranking, followed by Infosys. Both companies witnessed a 2% hike in their brand values this year.
Tech Mahindra has been named one of the fastest-growing brands in the Brand Finance IT Services 25 2023 ranking and was placed at the 11th spot which is 4 spots up from the previous year. As per the report, Its brand value has increased by approximately 66% since the beginning of the pandemic.
Here are the top 10 most valuable IT service brands of 2023.
1. Accenture
Brand Value: US$39.9 billion
2. TCS
Brand Value: US$17.2 billion
3. Infosys
Brand Value: US$13.0 billion
4. IBM
Brand Value: US$11.6 billion
5. Capgemini
Brand Value: US$9.8 billion
6. NTT Data
Brand Value: US$8.9 billion
7. Cognizant
Brand Value: US$8.6 billion
8. HCL Tech
Brand Value: US$6.5 billion
9. Wipro
Brand Value: US$6.2 billion
10. Fujitsu
Brand Value: US$4.3 billion
In addition to releasing the IT Services 25 2023 report valuing the world’s leading IT Services brand, Brand Finance also released the Global 500 2023 report, valuing the world’s 500 most valuable and strongest brands across all sectors of the economy.
