The document provides an overview of the global Internet of Things (IoT) technology services market landscape. Some key points: - The global IoT technology services market is expected to grow from $78 billion in 2017 to $190 billion in 2022, a CAGR of 19%. Managed services are expected to be the fastest growing segment. - Verticals like industrial, automotive, high-tech and energy & utilities will drive most of the growth, contributing over 60% of spending by 2022. North America will be the largest region. - The top 20 IoT technology service providers currently address around 76% of the market. Indian service providers address about 44% of the total outsour

1. Zinnov Zones 2017
IoT Technology
Services

2. 2Zinnov Proprietary Confidential
Defining Internet of Things
IoT Technology Market Landscape
IoT Technology Service Provider Landscape
Zinnov Zones Ratings
Agenda

3. 3Zinnov Proprietary Confidential
Internet of Things stack:
WORKLOADS Customer Experience Operational Excellence Workforce Enablement Risk Management,
Compliance & Security
Digital Products & Services
BUSINESS
OUTCOMES
AR/VRAnalytics
DIGITAL
TECHNOLOGY
FOUNDATION
BUSINESS
MODELS DisintermediationData Monetization Platformization
3
MODERN
INFRASTRUCTURE
Sensors
Communications { Gateways, Connectivity Protocols, Networks }
IoT platforms { Device abstraction and management, edge-to-cloud connectivity, CEP & workflow management, security }
Data
Lakes
High
Performance
Compute
Software
Defined
Infrastructures
Cloud Centric
Infrastructure
Block chain
Robotic
Automation
Artificial
Intelligence
Servitisation
Operational
Intelligence
Analytics & Trends Personalized cabin
Virtual trial
RELEVANT
STAKEHOLDERS
CMO | CTO | CDO | CAIO
Visibility Control IntelligenceAutonomy
Security
Infra
{
MDM,
End point
encryption
}
IoT Applications
CInO | CTO | CDO | CAIO COO | CIO | BU | CDO COO | CHRO | BU CRO | CIO | COO | CTO
Predictive maintenance
Fitness tracking
Inventory Management
Track and Trace
Workforce tracking
Failure detection and
troubleshoot assistance
Driver risk assessment
Workforce risk management
SCADA RFID Wearables
Incentivization

4. 4Zinnov Proprietary Confidential
IoT is a fusion of multiple infrastructure and technology layers where both incumbents and
new age companies compete (1/2)
Incumbents
DIGITAL
TECHNOLOGY FOUNDATION
Artificial Intelligence Robotic Automation Blockchain Analytics AR / VR
Communications
IoT platforms
IoT Applications
Security
Sensors & Devices Storage and Compute Infrastructure
MODERN INFRASTRUCTURE

5. 5Zinnov Proprietary Confidential
DIGITAL
TECHNOLOGY FOUNDATION
Artificial Intelligence Robotic Automation Blockchain Analytics AR / VR
Security
Sensors & Devices Storage and Compute Infrastructure
MODERN INFRASTRUCTURE
New Age Companies
Communications
IoT platforms
IoT Applications
IoT is a fusion of multiple infrastructure and technology layers where both incumbents and
new age companies compete (2/2)

6. 6Zinnov Proprietary Confidential
Enterprises are exploring newer business models, and are providing customers
unprecedented business outcomes across workloads
WORKLOADS
BUSINESS
OUTCOMES
BUSINESS
MODELS DisintermediationData Monetization PlatformizationServitisation
Control
Intelligence
Enterprises are providing products
as a service thereby disrupting the
traditional business models
Inventory Management
Track and Trace
Predictive Maintenance
Fitbit to sell its data to German
life insurer Generali who will offer
customized policies based on the
data
Intelligence
Visibility
Fitness tracking
Health Monitoring
Sleep cycle intelligence
Enterprises are building and
offering to market their
proprietary IoT platforms
Intelligence
Autonomy
Asset tracking
Risk management
Predictive Maintenance
Control
Visibility
Remote Monitoring
Inventory Management
Order Management
Amazon has changed the
traditional channel of sales
through its Dash button
Intelligence
Visibility
Incentivization
C3 Energy and Opower
Utilities are incentivising
consumers to reduce
consumption in peak hours
Usage monitoring
Pattern intelligence
Grid failure management

7. 7Zinnov Proprietary Confidential
Defining Internet of Things
IoT Technology Market Landscape
IoT Technology Service Provider Landscape
Zinnov Zones Ratings
Agenda

8. 8Zinnov Proprietary Confidential
Global spend on IoT Technology Products and Services by Enterprises is ~USD 140 Bn and
is expected to grow at 18% CAGR to reach ~USD 322 Bn in 2022
USD
62
Billion
IoT Technology
Products
USD
78
Billion
IoT Technology
Services
USD
322
Billion
USD
140
Billion
Total IoT Spend
2017
USD
132
Billion
IoT Technology
Products
USD
190
Billion
IoT Technology
Services
2017 2022e
Expected IoT Spend
2022
16.5%
19%
• Sensor, MEMS, Actuators,
Chipsets
• Connectivity Hardware including
gateways, data aggregators
• Network bandwidth
• Storage & Server Infrastructure
• IoT Platforms
• Advisory & Consulting
• Product Engineering
• System Integration
• Managed Services
Source: Zinnov Research & Analysis

9. 9Zinnov Proprietary Confidential
IoT Technology Services Spend is expected to grow at 19% CAGR in the next five years
to reach USD 190 Billion in 2022
2017
Service Provider
Addressed Market
Service Provider
Addressable Market
78
Bn USD
46
Bn USD
3.5
Bn USD
190
Bn USD
130
Bn USD
11
Bn USD
2022e
19% 23% 25%
Source: Zinnov Research & Analysis
IoT Technology
Services Spend

10. 10Zinnov Proprietary Confidential
18.4
9.2 9 8.7
7 6.8
4.8 4.6
3 2.6 2.3
1 0.7 0.6
50
23.3 24
20
16.1
14.4
8.4
13.3
5.8 5.5
3.8
2.3 1.5 1.7
0
10
20
30
40
50
Industrial Automotive Energy & Utility High tech Retail Telecom BFSI Healthcare Transport and
Hospitality
Consumer
Packaged
Goods
Media and
Entertainment
Home
Automation
Others Wearables
Industrial, Automotive, High Tech and Energy & Utility verticals are expected to drive the IoT
growth contributing to ~62% of the spend in 2022
USDBillions
Split of IoT Technology Services Spend by Verticals
CAGR 22% 20% 22% 18% 18% 16% 12% 24% 14% 16% 11% 18% 16% 24%
Source: Zinnov Research & Analysis
2017
2022e
$78 Bn
$190 Bn
IoT Technology Services
Spend

11. 11Zinnov Proprietary Confidential
System Integration
Managed Services
Product Engineering
Managed Services are expected to grow at the highest CAGR of 23.5% to reach
USD 49 Bn in 2022
Global IoT Technology
Services spend
Advisory & Consulting
USD 78 Bn USD 190 Bn
19%
USD
14.7
Bn
35%
USD
27
Bn
21%
USD
17
Bn
12%
USD
23
Bn
33%
USD
63
Bn
26%
USD
49
Bn
2017 2022e
9%
18.5%
23.5%
Split of IoT Technology Services Spend by Service Lines
Source: Zinnov Research & Analysis
25%
USD
19.3
Bn
29%
USD
55
Bn
22.5%

12. 12Zinnov Proprietary Confidential
North America
Europe
Asia
South America
Middle East &
Africa Australia
21%
20% 17%
8%
7%
9%
31.7
0.8
21.5
0.16
0.6
23.283 52.5 51
1.1
0.22
0.9
2017 2022e
At 21% CAGR, North America is expected to grow at the highest rate contributing to
~44% of total spend in 2022
x x
IoT Technology Services Spend
in USD Bn
CAGR
Source: Zinnov Research & Analysis
Split of IoT Technology Services Spend by Geographies

13. 13Zinnov Proprietary Confidential
Defining Internet of Things
IoT Technology Market Landscape
IoT Technology Service Provider Landscape
Zinnov Zones Ratings
Agenda

14. 14Zinnov Proprietary Confidential
Indian IoT Technology Service Providers currently address ~44% of the total outsourced
market in 2017
1.52 Bn
0.94 Bn
0.15 Bn
0.81 Bn
India
Eastern Europe
Western Europe
USA
IoT Technology Outsourcing Hotspots
IoT Technology
Services Outsourcing
Addressed IoT Technology Services
Market through Outsourcing Partners
Billion
USD
0.046 Bn
ROW
3.5
*ROW Regions mainly include China, Argentina, Japan and Korea Source: Zinnov Research & Analysis
(in USD Bn)

15. 15Zinnov Proprietary Confidential
0
50
100
150
200
250
300
350
400
450
0 20 40 60 80 100 120
Top 20 Global Service Providers contribute ~76% of the overall addressed market
indicating consolidation
Top 20
76%
Next 20
15%
Remaining
9%
Revenue Distribution of IoT Technology Service Providers
RevenueOfServiceProviders(inUSDMn)
No. of Service Providers in decreasing order of revenues
Source: Zinnov Research & Analysis

16. 16Zinnov Proprietary Confidential
Region-wise Split of the overall addressed market
x
USD 3.5 Billion
Overall addressed IoT
Technology Services Market
40%
32%
23%
43%
- Total addressed market
for the region (in USD Mn)
North America leads the addressed market in Advisory & Consulting Services, while India
leads the Managed Services market
Source: Zinnov Research & Analysis
23%
35%
22%
19%
24%
Managed Services
System Integration
Product
Engineering
Advisory & Consulting
India Western Europe North America Eastern Europe ROW
Managed Services System Integration Product Engineering Advisory & Consulting
1519
14%
43%
21%
27%
18%
31%
19%
47%
16%
20%
37%
24%
939
156
47
808
20%
22%
24%
18%
ROW

17. 17Zinnov Proprietary Confidential
Defining Internet of Things
IoT Technology Market Landscape
IoT Technology Service Provider Landscape
Zinnov Zones Ratings
Agenda

18. 18Zinnov Proprietary Confidential
Zinnov Zones Ratings exercise is a structured 3 step process
Rating Invitation
Data Collection and
Analysis
Rating and Validation
1
2
3
Initial Rating
RFI Response Collection
Response Cleanup and
Follow-up Clarification
Primary Research
Validation by
Zinnov Experts
Customer
Feedback
Secondary Research
Secondary Research Shortlist of 35 companies
List of 100 Companies RFI Creation and Roll-out to 30 Co.
Based on:
• Digital Technology Service Landscape
• Geographic Spread
• Leadership Teams
Based on:
• Focus on IoT Services
• Client Base & Business models
• Organization Size
a
b d
c
Zinnov
Zones 2017
Rating
Source: Zinnov Research & Analysis

19. 19Zinnov Proprietary Confidential
Zinnov’s Zones Ratings is based on a proprietary framework that quantifies qualitative data
and subsequently uses an AHP model
Data Point Classification AHP & Rating Scale
Rating Data Extraction & Rating
Methodology
AHP is a statistical model used for assigning weights to the dimensions and the
data points. Rating point of 1 to 5 is decided for each data point based on criteria
For all data points extracted from RFIs, corresponding rating will be mapped
in the Rating Scale
Companies will be rated based on the scores arrived from the previous steps,
using the parameter based modeler.
Classification of company and vertical specific data points available from
various RFIs
Look-upScore Rank
AHP Rating Scale
Data Point 1
Data Point 2
1 2 3 4 5
1 2
4 3
Source: Zinnov Research & Analysis

20. 20Zinnov Proprietary Confidential
Zinnov Zones for IoT Technology Services has ratings across 4 categories and their
subsequent sub categories
Zinnov Zones - Internet of
Things Technology Services
IoT Advisory &
Consulting
IoT Managed
Services
Communication
Engineering
IoT Product
Engineering
IoT Sub Category
Ratings
IoT Category
Ratings
IoT Overall Ratings
Communication
Management
Sensor & Device
Engineering
Platform and Application
Management
Sensor & Device
Management
IoT System
Integration
Communication
Integration
Sensor & Device
Integration
Platform and
Application Integration
Big Data
Management
Analytics Services
Remote Monitoring and
Management of assets
1
2 3 4 5
Platform and
Application Engineering
6
7
8
9
10
Sensor & Devices
IoT Application
IoT Platforms
Communication Layer
Security

21. 21Zinnov Proprietary Confidential
IoT Technology Services spectrum is categorised under 4 segments, which are further sub
categorized for a comprehensive view of activities (1/2)
IoT Advisory &
Consulting
IoT Product Engineering IoT System Integration
Sensors & Devices
Engineering
Communications
Engineering
Platform &
Application
Engineering
Sensors &
Devices
Integration
Communications
Integration
Platform &
Application
Integration
IoT Readiness
Evaluation
Silicon design and
validation
IoT Switch / router engineering
Core Platform
Development
Device
Commissioning and
Provisioning
Interoperability testing Platform configuration
Business Model
Validation
Embedded platform
engineering
IoT Gateway engineering Core Platform Testing Device Configuration Device/Sensor Connectivity Platform customization
Architecture Roadmap Testing Interoperability testing
Application
Development
Device
Interoperability
testing
Network configuration
Third Party Application
Integration
ROI Planning
Device interoperability
testing
Network engineering
UI/UX Design &
Development
Network
Commissioning and Provisioning
Platform testing for
integration
Build vs Buy Decision
Making Device Security Communication security API Development UI / UX customization
Partner Selection
Application Security
Activities
Source: Zinnov Research & Analysis

22. 22Zinnov Proprietary Confidential
IoT Technology Services spectrum is categorised under 4 segments, which are further sub
categorized for a comprehensive view of activities (2/2)
Source: Zinnov Research & Analysis
IoT Managed Services
Sensors & Devices
Management
Communications
Management
Platform & Application
Management
Big Data Management Analytics Services
Remote monitoring and
management of assets
Sensor & Devices Monitoring Network Performance Monitoring
Platform Upgrade & Migration
Services
Data aggregation Data visualisation Enterprise asset management
Firmware upgrade Network Optimization Platform Support Services Data warehousing Descriptive analytics 24X7 NOC/Service Desk
Sensor & Devices retirement /
decommissioning
Asset Management Platform Integrity Verification Data mining Diagnostic analytics Security Administration
Security Operations
Management
Application management and
upgrade
Data protection Predictive analytics Compliance Management
Data structuring / modelling Prescriptive analytics Incident Management
Cognitive analytics
Activities

23. 23Zinnov Proprietary Confidential
Expansive
Low
High
Zinnov Zones – Leading Service Providers
Niche
Emerging Established
• Emerging companies with presence across
Multiple Verticals
• Focus on building competencies across multiple
verticals
• Niche Breadth and Depth of services across
multiple verticals
• Emerging companies in Niche Verticals
• Focus on building Niche Competencies across
focus verticals
• Niche breadth and depth of services across focus
verticals
• Market Leaders across Multiple Verticals
• Strong focus on Innovation, IP creation, and
Ecosystem Linkages across most verticals
• Excellent Breadth and Depth of services across
multiple verticals
• High Scalability across most verticals
• Market Leaders with presence in Niche Verticals
• Strong Competency in Focus Verticals
• Excellent Breadth and Depth of Services across
focus verticals
Capabilities & Innovation, Specialisation
Scale,ServicesDiversity,VerticalDiversity
Source: Zinnov Research & Analysis
IoT Technology Services: Overall Ratings

24. 24Zinnov Proprietary Confidential
Expansive
Wipro
TCS
Tata Elxsi
LTI*
Genpact
HARMAN
Connected
Services
Low
High
Zinnov Zones – Leading Service ProvidersScale,ServicesDiversity,VerticalDiversity
Aricent
Infosys
Softdel Happiest Minds
Altran
L&T TS
HCL
EPAM
Persistent Systems
Prodapt
Hughes
Systique
Innominds
Capabilities & Innovation, Specialisation
GlobalEdge
eInfochips
Niche
Emerging Established
IoT Technology Services: Overall Ratings
Cognizant
Source: Zinnov Research & Analysis
Xoriant
Globant
Tech Mahindra
1
*Larsen & Toubro Infotech

25. 25Zinnov Proprietary Confidential
Service Providers are evaluated across pre-identified key performance parameters and
subsequently classified under Zinnov zones
Human Capital
Human Capital is critical in analysis of company’s capability to deliver specific engineering needs. We considered overall headcount, distribution by experience level,
positioning (onsite/offshore), domain expertise across verticals.
Capabilities
Capabilities of the organization is assessed to understand the overall ability of the vendor to deliver on the requirements of clients; it encompasses strengths and
advantages across People strength, operational capability, business models employed, and expertise of the organization
Innovation
Focus on innovations, IP creation and disruptive solutions through organic or inorganic capability development; this ensures the service provider capability to provide
upcoming faster and cheaper go to market IoT solutions according to the clients needs
Ecosystem Linkages
Strategic partnerships with upcoming digitally native start-ups, University connects to focus on developing digital talent and research activities tell a lot about the
organization’s capability in harnessing the ecosystem in Internet of Things Service space. We have covered all aspects as listed with specific weights to each as appropriate
Infrastructure
Infrastructure investment demonstrates capability and commitment to growth. Also, geographic spread and expansions throws light on the ability to leverage geo specific
advantages. Companies that have invested in Infrastructure like Digital Labs and CoEs have strong capabilities in providing IoT Technology Services
Service Maturity
Client relationships, Service Line technology and business depth, along with established solutions are indicators of maturity. We used these parameters to assess the
service maturity of the partner, which will help customers differentiate long term players from others
Nurture Zone Breakout Zone Execution Zone Leadership Zone
The cumulative score of enterprises based on the parameters is used to classify the service providers in one of the Zinnov Zones below-
Source: Zinnov Research & Analysis

26. 26Zinnov Proprietary Confidential
Nurture Zone Breakout Zone Execution Zone Leadership Zone
Low
High
Scalability
Zinnov Zones – Leading Service Providers
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
The cumulative score of enterprises based on the myriad parameters is used to classify the
Service Providers in Zinnov Zones
• Emerging entrants in the IoT
technology services space
• Presence in only select
verticals
• Limited number of clients
• Niche capabilities across
focussed verticals
• Feeble IoT ecosystem
linkages
• Limited Thought Leadership,
Whitepapers, Frameworks
and IP
• Typically work in T&M model
• On the way into big league,
delivering IoT services
effectively
• Presence in a few verticals
• Innovation frameworks
resulting in tangible benefit to
customers
• Generic capabilities across
Consulting, Product
development and Managed
Services
• Typically work in T&M and
Fixed Price model
• Capable of performing
concept to Go-To-Market for
IoT Technology
• Presence in most verticals
• Reusable IPs and
frameworks built, and
benefits quantified
• Strong IoT ecosystem
linkages
• IoT specific labs and COEs
built
• Capable of working in all
models, including Risk
Reward and Revenue Share
• Competent to implement
End-to-End IoT technology
solutions
• Presence in almost all
verticals
• Formal innovation culture,
resulting from strong Thought
Leadership to create
frameworks and IP
• Core of the IoT ecosystems
• Established IoT labs and
COEs
• Capable of working in all
models, including Risk
Reward and Revenue Share
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity

27. 27Zinnov Proprietary Confidential
Nurture Zone Breakout Zone Execution Zone Leadership Zone
Wipro
TCS
Tata Elxsi
Tech Mahindra
LTI*
Genpact
HARMAN Connected
Services
Low
High
Scalability
Zinnov Zones – Leading Service Providers
Aricent
Infosys
Happiest Minds
Altran
L&T TS
HCL
EPAM
Persistent Systems
ProdaptHughes
Systique
Innominds
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
IoT Technology Services: Advisory & Consulting
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Cognizant
Xoriant
Globant
2
*Larsen & Toubro Infotech

28. 28Zinnov Proprietary Confidential
IoT Technology Services: Product Engineering
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Infosys
Tata Elxsi
Tech Mahindra
Genpact
Altran
Aricent
Wipro
Happiest
Minds
HARMAN
Connected
Services
L&T TS
EPAM
Persistent
Systems
Prodapt
eInfochips
Innominds
GlobalEdge
Hughes
Systique
Low
Scalability
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
TCS
HCL
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Cognizant
LTI*
Xoriant
Globant
3
*Larsen & Toubro Infotech

29. 29Zinnov Proprietary Confidential
IoT Technology Services: System Integration
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Infosys
Tata Elxsi
Tech Mahindra
Genpact
Altran
Aricent
Wipro
Happiest
Minds
HARMAN
Connected
Services
L&T TS
EPAM
Persistent
Systems
Prodapt
eInfochips
Innominds
Low
Scalability
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
TCS
HCL
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Cognizant
LTI*
Xoriant
Globant
4
*Larsen & Toubro Infotech

30. 30Zinnov Proprietary Confidential
IoT Technology Services: Managed Services
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability
Wipro
TCS
Tata Elxsi
Tech Mahindra
LTI*
Genpact
HARMAN Connected
Services
Aricent
Infosys
Happiest Minds
Altran
L&T TS
EPAM
Persistent Systems
Prodapt
eInfochips
Innominds
GlobalEdge
HCL
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Cognizant
Globant
5
*Larsen & Toubro Infotech

31. 31Zinnov Proprietary Confidential
IoT Technology Services: Platform and Application Competency
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability
Tech Mahindra
LTI*
Happiest Minds
EPAM
Persistent Systems
Innominds
L&T TS
Genpact
Prodapt
HARMAN
Connected
ServicesTCS
HCL
Altran
Aricent
eInfochips
Hughes
Systique
Tata Elxsi
GlobalEdge
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Wipro
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Infosys
Softdel
Cognizant
Xoriant
Globant
6
*Larsen & Toubro Infotech

32. 32Zinnov Proprietary Confidential
IoT Technology Services: Communications Competency
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability
Infosys
TCS
Tata Elxsi
Tech Mahindra
HARMAN
Connected
Services
Aricent
Wipro
EPAM
L&T TS
Happiest Minds
Innominds
GlobalEdge
Hughes
Systique
AltraneInfochips
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Genpact
HCL
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Prodapt
LTI*
Globant
7
Cognizant
*Larsen & Toubro Infotech

33. 33Zinnov Proprietary Confidential
IoT Technology Services: Sensors & Devices Competency
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability Infosys
TCS
Tata Elxsi
Tech Mahindra
HARMAN Connected
Services
Wipro
Happiest Minds
Altran
L&T TS
HCL
EPAM
Innominds
GlobalEdge
Hughes
Systique
eInfochips
Persistent
Systems
Prodapt
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Genpact
Source: Zinnov Research & Analysis
Aricent
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Cognizant
LTI*
Xoriant
Globant
8
*Larsen & Toubro Infotech

34. 34Zinnov Proprietary Confidential
IoT Technology Services: Big Data Management
`
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability
TCS
Tech Mahindra
LTI*
Genpact
Wipro
HCL
EPAM
Persistent Systems
Innominds
Aricent
eInfochips
GlobalEdge
HARMAN Connected
Services
Infosys
L&T TS
Prodapt
Happiest Minds
Altran
Hughes
Systique
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Tata Elxsi
Cognizant
Xoriant
Globant
9
*Larsen & Toubro Infotech

35. 35Zinnov Proprietary Confidential
IoT Technology Services: Analytics Services
`
Nurture Zone Breakout Zone Execution Zone Leadership ZoneHigh
Zinnov Zones – Leading Service Providers
Low
Scalability
TCS
LTI*
Wipro
HCL
EPAM
Persistent Systems
Innominds
Aricent
eInfochips
GlobalEdge
HARMAN
Connected
Services
Infosys
L&T TS
Prodapt
Happiest
Minds
Altran
Hughes
Systique
IoT Competency
Scale,ServicesDiversity,VerticalDiversity
Source: Zinnov Research & Analysis
Human Capital, Capabilities, Innovation, Ecosystem Linkages, Infrastructure, Service Maturity
Softdel
Tata Elxsi
Cognizant
Xoriant
Globant
Tech Mahindra
Genpact
10
*Larsen & Toubro Infotech