IT companies predict a positive momentum in their Q1 results
Indian IT firms are expected to show positive momentum and growth in customer demand in their first-quarter results.
According to a report from Indian-based online stock trading platform Motilal Oswal, a great demand for Indian companies from clients exploring a digital transformation is expected to happen.
For instance, BPO giant Accenture’s rapid growth and higher book-to-bill ratio in the BPO industry resonates well for Indian IT services. The US-based global technology firm has indicated a “broad-based demand across industries, services, and geographic markets, resulting in an all-around beat in overall operating performance and strong order booking”.
A recent report by the National Association of Software and Services Companies (NASSCOM), titled “Future of Technology Services – Winning in this decade’” has predicted that the Indian tech sector will be worth $300-350 billion by 2025.
Related news
- BPO Office Stock To Dry Up In 2020 · 17 Jul 2019
- Philippines Rated World’s Third Best Country For Investment · 16 Jul 2019
- Open Access BPO Opens New Office, Upgrades Website · 16 Jul 2019
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
