Software & Services
Software & Services
SECTOR | 18 Dec 2020
Prabhudas Lilladhar
transformation. Most leading companies are simultaneously transforming multiple parts of their enterprises. Pre-COVID digital leaders are racing to widen the gap and digital laggards are racing to leap frog. This is driving force for broad based recovery across IT industry. ACN's outsourcing order book stood at 6.3$ Bn, grew 46.5% YoY in USD terms (quarterly average of 5.93$ Bn in FY20). This mirrors well for demand for Tier-1 Indian IT companies. Consulting order book grew 9.3% YoY (+2.2% QoQ) indicating pickup in discretionary spend. ACN management stated that...
IDBI Capital released a Sector Update report for Software & Services on 20 May, 2025.
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