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Sluggish global demand for IT services
Latest quarterly results of 24 global firms indicate no material improvement in the demand environment: Emkay Global
Midsize IT cos in a fix as deals hit slow lane
Fall in total contract value doesn’t augur well for coming quarters along with the next fiscal year
Lower spend on 5G dents IT cos’ top line
Communication, media and entertainment vertical slows down due to bleak spend on 5G& digital projects
Midsize IT cos like KPIT, LTTS set to bag big deals
It’s expected to improve their market share at a time digital deals are on hold; Indian IT firms have been cornering a major share of large deals...
Chatbots poised to rule the roost in tech-driven world
There are no two opinions that Internet is one of the greatest innovations of this century. It has transformed all facets of lives and in multiple...
Hiring trend a roller coaster ride in 2022
Russia-Ukraine war, funding slowdown in startup space and global recession fears impacted overall sentiment negatively since April
Small ticket deals hitting hiring plans at IT companies
Many enterprises, which are seeking quicker outcomes from their engagement with IT vendors, insisting on small projects
IT firms in spin-off mode for right valuations
IT firms setting up high growth subsidiaries housing digital side of business or products as offshoot business entities, if they are not getting right...