Will the global IT services industry show signs of recovery in 2024? That’s a question to which every stakeholder is seeking answers. Experts say past trends indicate that after eight consecutive quarters of growth deceleration, recovery happens.
“We forecast one more quarter of deceleration, and then a modest uptick in demand. A fun fact is normally these declarations last eight quarters. We can see that large enterprises are talking about new initiatives. This is particularly the case in the largest industry sector, banking,” Peter Bendor Samuel, CEO of Everest Group, tells Bizz Buzz.
