“Peter Bendor-Samuel, founder & CEO of management consulting and advisory firm Everest Group is one of the few global consultants who have been watching the Indian IT outsourcing landscape quite closely. In an interview with Bibhu Ranjan Mishra, he talks about how the Indian IT services firms have now reached a level of maturity when they are expected to be more acquisitive.” Read more.
“Katrina Menzigian, Vice President of Research Relations at Everest Group, said she has not seen any evidence of outsourcers taking jobs offshore because of rises in the minimum wage in the United States. On the contrary, according to Everest’s latest studies, she said, ‘the pattern we’ve continued to see for a few years now is that there’s an increase in the amount of onshore work happening in the United States.’” Read more.
“Capital market firms are responding to market challenges of low profit margins, regulatory compliance and aging systems by ramping up discretionary spending on technology. As a result, according to a recent report from the Everest Group, revenue growth for application outsourcing service providers is expected to register strong growth of 13 percent year-on-year through 2020.” Read More.