Infosys is facing a darker cloud in terms of growth prospects as compared to larger peer Tata Consultancy Services (TCS) owing to higher exposure to digital work coupled with more business concentration in North American territory.
“Infosys’ deceleration is more significant than TCS’ as they have a higher mix of discretionary as well as more concentration in North America. Infosys is also dealing with some one-time issues in their existing book of business,” said Peter Bendor-Samuel, CEO of Everest Group.
