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Samsung SDS Enters Top 20 in Global IT Services
Global IT
Samsung SDS Enters Top 20 in Global IT Services
  • By Cho Jin-young
  • June 2, 2015, 03:15
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Rumors are circulating that the freight logistics division of Samsung SDS will be merged with Samsung C&T.
Rumors are circulating that the freight logistics division of Samsung SDS will be merged with Samsung C&T.

 

Samsung SDS has become the nation’s first IT company to enter the rankings of the top 20 global IT service companies.

According to data from Gartner, Inc. by sales on June 1, Samsung SDS ranked 30th in 2013 and 27th in 2014 in global IT service companies. LG CNS’ ranking rose from 54th to 51st, while SK C&C’s rose from 76th to 71st, respectively. IBM ranked top on the list of global IT service companies, followed by HP, Accenture, Deloitte, Fujitsu, TCS, Capgemini, PwC, NTT DATA, and Oracle.

Among companies from the U.S., Japan, and India, Samsung SDS is the only Korean company that made the top 20.

The noteworthy fact is that IBM and HP, which has maintained the first and second spots in 2013 and 2014, shows a negative sales growth rate. Both IBM and HP saw negative growth of 3.5 percent and 6.5 percent, respectively.

Among the global 30 IT service companies, Samsung SDS showed the second-highest sales growth rate of 16.4 percent, following Tata Consultancy Services (TCS), India’s largest IT service company, with 19.1 percent. Samsung SDS posted US$7.5 billion (8.3 trillion won) in sales last year. Celebrating its 30th anniversary this year, the company announced that it plans to record 20 trillion won (US$17.98 billion) in sales and become one of the top 10 IT service companies by 2020.

IBM, which ranked first, posted US$54.8 billion (60.9 trillion won) in sales last year, while Oracle, which ranked tenth, posted US$12.7 billion (14.1 trillion won). 

Being listed on the KOSPI in Nov. last year, Samsung SDS is aiming to grow into a global IT service company just like IBM.

Samsung SDS's President Jeon Dong-su said, “If parts such as batteries, electricity, and semiconductors equals one in terms of the market scale, products such as whole goods, cellphones, and TVs will increase to 2, and soft engineering for IT services will become 4. Until now, the company has not properly targeted the bigger market than semiconductors and cellphones.”