After a Dry Spell, IT Sights Green Shoots with Higher Budget for 2024 | In the News

Green shoots have started showing for IT services companies after a catastrophic year when tech demand nosedived amid geopolitical and macroeconomic concerns, and analysts expect a revival in IT spending in 2024.

However, Everest Group CEO Peter Bendor-Samuel expects that budgets will be flat. “What this means is that at this time, most firms are preparing for another year like this one with modest to low discretionary spending, and what spending there is, is closely aligned with business needs,” he added.

Read more in The Economic Times.

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

"*" indicates required fields

Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.