HCLTech: Unlike some of its peers, HCL’s banking and financial services business emerged as its top-performing vertical, growing 2.8% sequentially and 12.1% year-on-year in constant currency in 2023-24. This growth occurred despite a muted macroeconomic environment, with no pickup in discretionary spending as clients adopted a cautious approach. Its mainstay market, the Americas, grew 4.2% sequentially and 6.8% year-on-year during the same period.
BENGALURU: HCLTech CEO C Vijayakumar said that although macroeconomic indicators have remained unchanged, he is optimistic about the IT industry’s gro.
We have a good mix of programs and rely on broad base growth, says HCLTech CEO Vijayakumar. The firm saw strong growth in its financial services vertical in a difficult environment, said Vijayakumar.
Gen AI text-to-code tools hold promise of up to a 50% gain in productivity. Top IT firms are also embracing them for efficiency. But as Himanshi Lohchab and Beena Parmar find, the road to large-scale adoption is still dotted with caution.
Mysuru: Days after Mysuru MP Pratap Simmha questioned Congress candidate M Lakshmana as to who gave him the certificate that he is a Vokkaliga leader,.