Top IT companies in Bangalore

Bangalore, the capital city of Karnataka and often referred to as the Silicon Valley of India, is a bustling hub of business activity. It’s home to a wide range of companies and industries, making it a vibrant and diverse metropolis. This city has earned its reputation as the IT hub of India, attracting foreign investors, multinational corporations, startups and Indian conglomerates.

One of the main reasons for this influx of businesses is the favourable infrastructure and tax benefits that Bangalore offers. In fact, around 80% (Fortune India) of global IT firms have chosen Bangalore as their base of operations. This influx of IT and software companies has not only transformed the city’s corporate landscape but has also had a profound impact on its real estate market.

In this article, we’ll take a closer look at IT companies in Bangalore and how they’ve not only shaped the city’s economy but also driven up the demand for both residential and commercial properties.

See also: IT companies in Mumbai

 

Business landscape in Bangalore

Bangalore’s business scene is quite diverse. It’s not only known for being India’s IT hub but also for several other industries like aeronautics, biotechnology, automotive components, electronics machine tools, scientific research, space exploration, defence technology and silk production. With a mix of people from different regions, each contributing their own cultural and business perspectives, Bangalore is a true melting pot of commerce where innovation thrives across a wide range of sectors.

 

List of top IT companies in Bangalore

Here is a list of the top 10 IT companies in Bangalore, shaping both the city’s corporate landscape and real estate dynamics.

Wipro

Industry: IT, consultant and business process services

Company Type: IT

Location: Bengaluru – 560035

Founding in: 1945

Originally known as Western India Products, Wipro started as a vegetable oil business and has evolved into a leading IT company in Bengaluru. It is guided by innovation, integrity, and proactive action, making it a prominent infrastructure services provider in Bangalore. Wipro’s consulting services consistently deliver improved performance and cost savings for organisations worldwide. Beyond business, Wipro is committed to community service and aims to achieve zero greenhouse gas emissions by 2040.

 

Infosys

Industry: Information technology consulting Outsourcing

Company Type: IT

Location: Bangalore – 560100

Founding in: 1981 

Infosys is a globally recognized consulting and IT company in Bangalore and listed on the NYSE. It is known for its expertise in next-generation digital services and consulting, helping clients from over 50 countries navigate their digital transformations. Some of its notable platforms include EdgeVerve, Cortex and HELIX.

 

Accenture

Industry: Information technology consulting Outsourcing

Company Type: IT

Location: Bangalore – 560029

Founding in: 1981

Accenture, a renowned global professional services firm, stands at the forefront of digital, cloud, and security capabilities. With specialised expertise across more than 40 industries, this IT company in Bangalore offers unmatched experience and skills. Accenture’s services are backed by the world’s largest network of Advanced Technology and Intelligent Operations centres, including a presence in Bangalore.

 

TCS

Industry: Software services, consulting, and business solutions

Company Type: IT

Location: Bangalore – 560066

Founding in: 1968

TCS combines technological expertise and business intelligence to catalyse change and deliver impactful results. It actively engages in sponsoring prominent international sports events to foster engagement among both customers and employees. In terms of market capitalization, this IT company in Bangalore ranks as the second-largest Indian company providing highly valuable IT services globally. TCS’ MasterCraftTM suite, encompassing DevPlus, TransformPlus, and DataPlus, offers a comprehensive range of product-optimising processes, spanning QA, delivery, digital transformation, and component-based application creation.

 

IBM

Industry: Information technology products and services

Company Type: IT

Location: Bangalore – 560029

Founding in: 1911

IBM, a trailblazing IT company in Bangalore, initially specialised in mainframe computers. In 1981, it introduced IBM personal computers, solidifying its position among computing giants. IBM quickly rose to dominance in the early global market, known for technical excellence, computation and tabulation machines, and securing significant defence contracts.

 

Oracle

Industry: Enterprise software, Business software, Cloud computing

Company Type: IT

Location: Bangalore – 560076

Founding in: 1977

Oracle, originally named Software Development Industries during its early days and later rebranded as Oracle Corporation in 1995, started as a small database management company. Over time, it grew into a prominent computer technology corporation known for software products like Java. Oracle operates in four main business segments including cloud and licences, hardware, and services. Its success comes from a unique approach that tightly integrates hardware and software.

 

Cognizant

Industry: Information Technology, Data Analytics,  IOT

Company Type: IT

Location: Bangalore – 560045

Founding in: 1994

Cognizant, founded in 1994 as Dun & Bradstreet Satyam Software (DBSS) and later renamed Cognizant Technology Solutions in 1997, made history as the first American company to ring the NASDAQ opening bell from India. Cognizant specialises in helping companies update their technology, rethink processes, and enhance customer experiences to stay competitive in a fast-changing world.

 

Capgemini

Industry: Information technology (IT) services and consulting

Company Type: IT

Location: Bangalore – 560066

Founding in: 1967

Capgemini, a notable software company in Bangalore, aims to unleash human energy through technology for an inclusive and sustainable future. This French multinational offers IT and consulting services, using technology to address various business needs. It operates under brands like Sogeti, frog, Capgemini Engineering, and Capgemini Invent.

 

Cisco

Industry: Networking hardware, software, telecommunications

Company Type: IT

Location: Bangalore – 560001

Founding in: 1984

Cisco Systems Inc., a global leader in the IT sector since its founding in 1984, focuses on designing, making, and selling networking equipment. With over 170 labs worldwide and a workforce of over 25,000 engineers, Cisco is a renowned name in the industry. The company is also known for offering respected IT certifications worldwide.

 

Mindtree

Industry: Technology consulting and services

Company Type: IT

Location: Bangalore – 560059

Founding in: 1999

Mindtree brings expertise and forward-thinking solutions to tackle customer challenges. They provide digital transformation and technology services from idea to execution, using an agile and collaborative approach. Whether it’s optimising business operations or boosting revenue, Mindtree uses its deep knowledge to offer expert guidance and recommendations to clients.

 

Commercial real estate demand in Bangalore

Office space

The flourishing IT sector in Bangalore has led to a substantial requirement for office space. As these IT companies continue to expand their workforce, the demand for extensive office facilities has surged. This surge, in turn, has accelerated the development of new office complexes and business parks across the city. These commercial real estate developments aren’t just limited to the city’s core but are also reshaping its suburban and peripheral areas. The IT industry’s hunger for office space is one of the driving forces behind Bangalore’s evolving real estate landscape.

Rental property market

The influx of IT firms has brought about significant changes in the city’s rental property market. Property owners have experienced a consistent and robust demand for commercial spaces, translating into competitive rental rates and an upward trajectory in property values. This has made Bangalore an attractive destination for real estate investments, not just for businesses but also for property owners and investors looking to capitalise on the thriving commercial real estate sector.

Impact

To cater to the diverse needs of IT professionals, residents, and businesses, developers in Bangalore are increasingly focusing on mixed-use developments. These projects integrate residential, commercial, and retail spaces within the same area. This innovative approach to urban planning creates vibrant, self-sustaining neighbourhoods where people can live, work, and enjoy leisure activities conveniently. It’s a testament to how the presence of IT companies has not only spurred commercial real estate growth but also reshaped the urban landscape, fostering the development of holistic and integrated communities within the city.

 

Impact of IT industry on Bangalore

Bangalore’s real estate sector has experienced a profound transformation, largely attributable to the city’s thriving IT industry. With multinational companies choosing to set up offices here, the demand for office spaces and residential properties in and around Bangalore has skyrocketed. The city’s population is projected to reach a remarkable 20.3 million by 2031  (Source: The Hindu), underscoring its rapid growth.

This surge in demand has given rise to an array of commercial developments in various parts of the city, from the central business district (CBD) to the peripheral areas. Prominent streets like Commercial Street, Infantry Road, Cunningham Road, and others have witnessed significant growth, offering not only reduced congestion but also proximity to the city centre. Suburban areas, including those near Airport Road, Koramangala, Indiranagar, and Jayanagar, have also experienced substantial expansion.

 

FAQs

Which areas in Bangalore host a majority of IT companies?

The primary locations where you'll find a concentration of IT and Software companies in Bangalore include Electronic City, Whitefield, Outer Ring Road (between KR Puram and Sarjapur Road), Domlur, Bannerghatta Road, Mysore Road, and Koramangala.

What is the most well-known startup district in Bangalore?

Situated to the south of Koramangala, HSR Layout is recognized as the prominent startup hub in Bangalore. It stands out for its organised layout and advanced digital infrastructure, offering an ideal environment for both residential living and business activities.

Can one comfortably live in Bangalore with a monthly income of Rs 50,000?

If you're an individual who isn't too particular about housing or dining preferences, a monthly income of Rs 50,000 can be sufficient for a comfortable life in Bangalore.

Is Bangalore considered a safe city for residents?

Yes, Bangalore is renowned for its safety and is often regarded as one of the safest cities in India. Beyond being the IT hub of the country, it is recognized for its overall security, attracting individuals from diverse regions who come to work and reside in the city.

How has the IT industry influenced real estate in Bangalore?

The IT industry has driven increased demand for office and residential spaces, spurring the development of commercial complexes and residential neighbourhoods across the city.

What role have IT companies played in Bangalore's real estate growth?

Indian and multinational IT companies have significantly contributed by consolidating their real estate portfolios in both the central business district (CBD) and suburban areas.

What is driving the growth in suburban real estate development in Bangalore?

The demand for back-offices and contact centres from IT and IT-enabled service (ITES) companies has fueled substantial growth in suburban real estate.

Why is Bangalore attractive to IT and ITES companies?

Bangalore offers a skilled workforce, high living standards, career opportunities, and excellent connectivity, making it an appealing destination for these businesses.

How is Bangalore's population growth influencing real estate demand?

The city's population is expected to reach 20 million by 2030, increasing the need for both residential and commercial real estate developments to accommodate this growth.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]