The main focus of this paper is to analyze the current IT industry and to provide relevant strategies for Korean IT companies (such as Samsung SDS and LG CNS et al.,) which want to go global. This paper first addresses an overview of the IT Industry. This research examines the major players in the IT industry, the critical success factors (CSFs), as well as the opportunities that exist in the industry. This study also analyzes Indian IT sector, finding out some important factors that have had an impact on their success in going global; then, overview of the Korean IT sector and assessment of Korea IT companies - particularly Samsung SDS and LG CNS - are provided and discussed. Finally, the study suggests a couple of relevant strategies to Korea IT companies for exploiting the opportunities for globalizing their market. Some practical implications of the study findings as well as future directions for the companies are also discussed.