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Top News In It Firms Today - Breaking & Trending Today
Deal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making ensued, impacting near-term revenues for service providers who must be proactive. ....
As the original sunrise sector of post-liberalization India, the IT industry has been the crowning jewel of the domestic economy for decades. A job in the IT sector has been, often literally, the passport to a better life for millions of young graduates. Is this paradigm changing? ....
Automotive clients account for up to 35% of IT services manufacturing clients.India s top IT firms thus clearly draw meaningful revenue from carmakers around the world.With the advent of electric and tech-laden cars, IT s reliance on automotive revenue is now rising ....
Having navigated a tough FY24, India’s leading IT firms are aiming for a comeback. Key areas to watch include strategic shifts, new technology investments, and market expansions as they aim to foster significant growth in FY25 ....
With Infosys predicting a meagre 1% to 3% annual revenue growth and Wipro predicting a likely 1.5% revenue decline in the June quarter with a remote probability of a 0.5% increase, the picture for the current fiscal year is similarly dismal. For recent engineering graduates looking for work in the field, these developments are concerning. ....