“The Indian firms have been far slower to capitalise on the huge and fast growing digital market place. Accenture and IBM have moved quickly through acquisitions to build large practices and a sizable intellectual property (IP) base,” said Peter Bendour-Samuel, CEO, Everest Group. “The Indian firms have largely been on the sidelines with regard to digital and cloud acquisitions. TCS and others have been busy developing their own IPs and patent base. However, the acquisitive path has allowed Accenture in the digital space and IBM in the cloud space to far outdistance the Indian players, he added.” Read More.