Facing a cautious market and clients tightening their purse strings, IT companies are adopting a strategy from startups and web commerce: creating a new C-suite role – the chief growth officer (CGO).
Happy Monday! Investors in new-age startups are set for huge gains as these firms list on the public markets. This and more in todays ETtech Morning Dispatch.
The bench strength at top Indian outsourcers has nearly halved of late, with higher utilisation and generative artificial intelligence (GenAI) driving efficiency in the $254-billion IT industry. Bench strength in the IT industry means full-time employees who are not assigned any active project.
India Business News: The reduction in bench strength at top Indian outsourcing firms, amidst the industry's toughest business cycle, is driving higher utilization rates an