Hexaware’s Ernst & Young Contract Shrinks Sharply | In the News

Jimit Arora, who leads Everest Group’s IT services research practice, said clients rationalize their service provider portfolios and consolidate spending with larger players. As this happens, the big 5 of Indian IT benefit. “Overall, I also see this as a broader trend in Big 4 (Deloitte, EY, KPMG, and PwC) where they are seeking to play a broader role in IT and digital services, and are not only looking to outsourcing to serve their internal needs but also partner with IT services companies to deliver end-to-end services to clients. In effect, they are looking to move beyond just being a consulting partner and looking to get deeper into implementation for their clients. Partnerships with the Indian-heritage companies, allows them access to on-demand, offshore talent and competitive price-points.”

Read more in the Times of India


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