“It has been a tough journey. If not for the acquisition of Satyam, Tech Mahindra would have continued to be a mid-sized services provider. Scale does give you an advantage in IT services. More, the IT services market has reached a certain stage. For a company to now enter and make a mark in the same genre is difficult. The wave of opportunity that took Indian IT service providers with it is over. This acquisition gave them scale and also capabilities in ERP (enterprise resource planning) and infrastructure management for non-telecom clients, said Yugal Joshi, practice director, Everest Group, a research and consulting firm.”Read More.