In the News
IT Companies Log Strong Revenue Growth Outside Key North America Market
India’s top IT services exporters are seeing revenue growth in parts of Europe and regional markets — the Middle East & Africa (MEA) and India and Asia Pacific (APAC) — outpacing that in the traditional stronghold of North America, which is experiencing flattening demand.
However, “For the last two quarters, the Middle East and Japan have grown faster than Europe. But before the last two quarters, Europe has grown faster than North America for ten straight quarters,” said Peter Bendor-Samuel, founder and CEO of Everest Group.