Infosys’ Australia revenue has crossed $1 billion, making it the third largest export market for the software services company, its top executive said.
Analysts, however, said Australia has been a small market and IT services players have seen growth stagnate beyond a point. Like other tech services players, “the size and dynamics of the market make it impossible for Infosys to continue this fast growth for an extended time”, said Peter Bendor-Samuel of Everest Group, IT Advisory firm.
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