The Indian information technology (IT) industry seems to be getting its mojo back. After years of turmoil, the past few quarters have seen the country’s three largest IT companies, Tata Consultancy Services (TCS), Infosys, and Wipro, steadily win large contracts.
“Till a year ago, IT companies were still consolidating investments in digital so the deal-sizes were smaller. Now that those investments have started earning revenues, the deal size has increased across the sector,” said Sanchit Vir Gogia, Chief Analyst, Founder & CEO of Greyhound Research. “Digital investments will only grow now, although at a cautious pace, but it means larger orders for IT companies.”
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, an award-winning global research & advisory firm. To read more about him, click here.
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