Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services
Gartner, Magic Quadrant for Custom Software Development Services, By Jaideep Thyagarajan, Ryan McKinney, Nathan Davie, 7 October 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Hexaware.
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R. Srikrishna, CEO and Executive Director of Hexaware Technologies (NSE: HEXT), a global provider of IT solutions and services, has been named one of Asia’s Most Promising Business Leaders at the Times NOW Asian Business Leaders Conclave 2026. He has now received this honor four years in a row.
The Times Now Asian Business Leaders Conclave honors trailblazers who are driving economic growth and innovation across the region. The award recognizes executives who have demonstrated exceptional leadership and measurable impact in their respective industries.
The past year has seen Hexaware make considerable strides under his leadership. Brand Finance’s IT Services 25 2026 report placed the company among the world’s Top 25 IT services brands — the second year it has featured in the ranking — and called out Hexaware as the second-fastest-growing Indian IT services brand by brand value. That brand value has climbed about 140% in the last five years and is now within striking distance of the USD 1 billion mark. Hexaware also holds an AA+ brand strength rating, ranking it 7th among Indian IT services brands and 14th globally.
Some of the recent highlights under his direction include:
“Receiving this recognition for the fourth year in a row is meaningful because it speaks to consistency, not a one-off moment,” said R. Srikrishna. “I accept it as a reflection of the teams that do the hard work that clients actually feel, and the clients who hold us to a higher bar year after year. That mindset is what got us here, and it’s what will keep us honest as we go after what’s next, whether that’s scaling AI across the enterprise, building out new markets, or running a business our people are proud to be part of.”
An IIT Madras and IIM Calcutta alumnus, Srikrishna has spent over 25 years in the IT industry. He was also recognized as one of India’s Impactful CEOs for two consecutive years at the ET Edge Conclave.