Flashback 2016: Year Of Uncertainties For IT Sector

Information technology industry strived to find newer opportunities and markets in 2016 as geopolitical uncertainties, a challenging business climate and technological shift clouded outlook.

“The world market is leaning towards protectionism,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “Increased automation is taking away business from IT service companies and there is competition from a new set of service providers in areas such as cloud and analytics.”

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