Software outsourcing revenue
Are companies still paying others to build software?
Contributes to: Are fewer people needed?. Signal score: 0 / 100. Relative weight within this question: 1.
AI can also help these firms, because companies may pay them to adopt it. Revenue can also hold up while staff numbers fall.
Accenture is the largest here and is mostly consulting, not software. Acquisitions can add revenue and staff, and fiscal years differ by company.
Observed trend
Combined annual revenue of five public outsourcing companies, in billions of dollars.
Combined annual revenue of five public outsourcing companies, in billions of dollars. · 2018 – 2025
View data table
| Period / observation | Combined annual revenue of five public outsourcing companies, in billions of dollars. |
|---|---|
| 2018 | 70 |
| 2019 | 75 |
| 2020 | 77 |
| 2021 | 88 |
| 2022 | 104 |
| 2023 | 108 |
| 2024 | 110 |
| 2025 | 118 |
What it measures
- Metric
- Combined annual revenue of Accenture, Cognizant, Infosys, EPAM and Globant, latest full year
- Solved if
- Revenue falls because companies no longer hire people to build software
- Signal score
- 0 / 100. After inflation: Up 4% since ChatGPT launched. How it is scored
- Status rule
- Still growing when combined revenue is higher than the year before.
Revenue per employee
These firms charge for people, so this shows whether revenue is separating from headcount. From 2023 to 2025, it moved +6%.
- Revenue per employee went from $72K to $76K.
- Revenue moved +9% and employees +3% over the same period.
- Accenture: $69.7B and 779,000 employees in 2025.
- Cognizant: $21.1B and 351,600 employees in 2025.
- Infosys: $19.3B and 323,578 employees in 2025.
- EPAM: $5.5B and 62,850 employees in 2025.
- Globant: $2.5B and 28,773 employees in 2025.
Update history
The reading on each date we checked, separate from the historical observations above.
| Date | Value | Year over year | Status |
|---|---|---|---|
| 2026-11-02 | $118B | +7% | Still growing |
| 2026-11-01 | $118B | +7% | Still growing |
Source
| Source | Role | Measures | Latest data |
|---|---|---|---|
| SEC filings for outsourcing companies | Scored measurement | Annual revenue and employees at five public outsourcing companies | 2025 |