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PETER BENDOR SAMUEL
IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...- Away from spotlight, healthcare throws big lifeline to IT sectorIndia's IT companies have found a resilient growth engine in healthcare. This contrasts with the sluggish performance of financial services...
- Recession fears in US, EU spook IT-BPM firmsThe growth fundamentals of the industry are, however, stronger than ever, and “we continue seeing the undercurrents supporting long-term de...
- Tech Mahindra to cut dependence on Indian talent baseTech Mahindra has over 126,000 employees. Most IT services companies now have about 80% or more of their employees in India.
- IT firms battle for cloud deals as clients look to consolidate vendorsAt stake is not just a large book of biz as companies risk losing existing ones in ‘win big or go home’ scenario.
- Accenture’s strong bookings could mean better deal pipeline for IT firmsLast week, Accenture reported significant growth in outsourcing and consulting deals, with total new bookings worth $16 billion in the quar...
- IT firms to see $900 billion digital tech market by 2025: AnalystsIT services providers are looking at a potential $900 billion digital technology-led services market by 2025, as more organisations transfo...
- With demands for tech upgrades growing, India's IT firms look to hire more consultantsTCS, Wipro, Infosys, HCL Tech, Tech Mahindra and others have seen a sudden surge in digital transformation projects as clients decided to s...
- Cognizant CFO signals further cost cuts, says TCS good at cost managementKaren McLoughlin said rival TCS managed costs better, which Cognizant would find difficult to emulate.
- Digital transformation deals may weather COVID-19 storm: AnalystsService contracts for works such as automation of processes, movement of business applications to the Cloud (remote servers) and Artificial...
- Oz we like it, says Parekh with $1 billion from down underAustralia is now the third largest export market for Infosys, US and Europe being the top two.
- Wipro has to think beyond enrolment to keep HPS healthy, feel analystsWipro, the Bengaluru-headquartered software services exporter, acquired Florida-based HPS in early 2016 for $460 million.
- Analysts see Infosys’ digital deals hovering around $35 millionThe company won $1.1 billion worth of deals in the fiscal first quarter ended June, but a majority of these were to build and maintain appl...
- Fresher-heavy talent pyramid of Infy heads to USA large number of these fresh graduates will be trained in emerging technologies such as machine learning, artificial intelligence, and des...
- IT majors see an increase in utilisation rateAssessing utilisation levels is a significant part of the financial review process as these numbers indicate the workforce efficiency of th...
- Under Salil Parekh, Infosys looks for clarity on growth strategyWhile commentary on those decisions are important, the company’s revenue share from software plus services and platforms will, analysts say...
- Infosys may get a consulting, digital services boost with new CEO Salil Parekh at the helmInfy, which contributes a little less than one-tenth of the $117bn Indian software services exports, saw its digital transformation journey...
- Apax pullout from IGate could trigger bidding war: Capgemini, Atos & Genpact in race for stakeUS-listed company has been put on the block by Apax Partners, which owns about 30% of the company. Apax had financed IGate’s $1.2-billion t...
- US Immigration Bill: TCS, Infosys, HCL and Wipro's loss is Accenture, IBM and HP's gainAccenture, IBM and HP stand to gain billions of dollars in revenue at the expense of their Indian rivals if the US Immigration Bill becomes...
- Infosys takes flak for its risk-averse strategyA leading outsourcing expert has questioned the ability of Infosys Technologies to maintain its leadership position if it continues with it...
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