Wednesday 11 March 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Testing-as-a-service (TaaS) Market: Capgemini SA, HCL Technologies Ltd., Hewlett-Packard (HP) Co., IBM Corp. and Wipro Ltd.
Other Prominent Vendors in the market are: Accenture, Atos, Cognizant Technology Solutions, CSC, Hexaware Technologies, Infosys, Logica Systems, Maveric, Mindtree, QA Infotech, SOASTA, TCS, Tech Mahindra, Thinksoft Global Services, UST Global.
Commenting on the report, an analyst from the report's team said: “Outsourcing testing services to low-cost destinations is one of the major trends emerging in the market. Companies have started investing in developing countries such as India and China, where there are many IT professionals and the growth of the Testing Services market has a huge scope.”
According to the report, the need to reduce operational time and cost is one of the main growth drivers in this market. The Global TaaS market is witnessing increasing demand for software testing from companies because the quality of applications is highly dependent on testing. Companies rely more on testing services and are increasing the adoption of outsourced testing services to avoid poor execution, slow test turnaround, or excessive software life cycle costs.
Further, the report states that one of the major growth inhibitors of this market is lack of skilled resources in the Global TaaS market. The market is highly dependent on the availability of the necessary testing professionals with appropriate skills. With increased demand for testing services, the retaining and hiring of desired testing professionals is becoming a challenge for enterprises.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.