• In the News
    March 07, 2024

    Mid-tier IT firms are able to sustain their client base in a tough economic environment, and are not losing out to the vendor consolidation that usually kicks up during a slowdown in the IT sector. Experts…
  • Location Spotlight
    March 05, 2024

    Everest Group’s Location Spotlight reports provide a crisp, insightful assessment of established and emerging/next-wave global services delivery locations by country and city. The reports help global sourcing practitioners or location strategy professionals stay ahead of competition…
  • In the News
    Feb. 20, 2024

    A quiet French Revolution is brewing in IT services, though it may not last long. Even as most leading companies in the sector are seeing a big decline in growth rate, France’s Capgemini is seeing relatively…
  • In the News
    Feb. 19, 2024

    Despite the recession in the UK economy, large cost takeout deals are likely to flow unabated for the next two quarters though discretionary spend by clients will remain under check. “We believe that there is still…
  • Blog
    Feb. 16, 2024

    I believe 2024 will be the year of focusing on business value. That applies to gen AI, but it goes further than that. Most companies are now more than ten years into their digital transformation journey.…
  • Event
    Feb. 15, 2024

    Facilitated by Everest Group This in-person roundtable will center around current pivotal themes that significantly impact our workplace and the future of diversity and inclusion: return to office (RTO) and advancements in artificial intelligence (AI). Everest…
  • Blog
    Feb. 08, 2024

    It feels like the more technology a company deploys in its call center, the more it results in the worst customer experience possible. What used to be a personal conversation with a specific person is now…
  • At present, the top 10 Indian IT service companies together have around 450 gen AI projects and PoCs in the pipeline, according to data accessed by Moneycontrol from market intelligence firm UnearthInsight. In contrast, global rival Accenture alone as…
  • In the News
    Feb. 03, 2024

    Large deal flow continues unabated with IT majors like Tata Consultancy Services (TCS) and Infosys bagging multi-year outsourcing contracts in recent weeks. “Large deal pipelines are full, however, predicting the timing of their closing is becoming…
  • In the News
    Jan. 26, 2024

    The much-anticipated boom from gen AI looks like it will not appear at least in any significant way in 2024 in revenue terms. A significant troubling trend is that the tech services spending, which is normally…
  • In the News
    Jan. 24, 2024

    Fifth Third Bank’s North Texas Market Executive Ron Harrison and Dallas Business Journal Publisher Ollie Chandhok sit down with Peter Bendor-Samuel, CEO of Everest Group. Bendor-Samuel shares insights on adapting to current challenges in both the…
  • Blog
    Jan. 22, 2024

    Fundamentally, investing in digital technologies is the start of an unending journey with continuous change on not just the tech stack but also on business operations. Companies navigate the tech stack part of this journey through…
  • In the News
    Jan. 22, 2024

    Several large US federal deals from the likes of General Services Administration, US Cyber Command, Department of Energy, NASA, Federal Aviation Administration, and Department of Education are up for renewals over the next two quarters. Everest…
  • In the News
    Jan. 21, 2024

    Despite muted earnings in the previous quarter and little expectations of major recovery in the next quarter, what is driving the rally in tech stocks? “The large mega deals look to be the one bright spot…
  • In the News
    Jan. 20, 2024

    Recovery in the all important BFSI (banking, financial services & insurance) vertical is not likely before June of 2024 despite some IT firms witnessing green shoots in their financial services business during the third quarter. “At…
  • In the News
    Jan. 17, 2024

    Europe has performed better than the North American market for the top four Indian IT companies including Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro. Execution of some large deals and subsiding of the ill-effects caused…
  • In the News
    Jan. 17, 2024

    There may still be some room for further headcount reduction in line with demand rebalancing. However, we are starting to get to the end of this cycle, Peter Bendor Samuel, CEO at Everest Group, tells Bizz…
  • In the News
    Jan. 15, 2024

    Growth in the information technology sector may rebound from next fiscal year, experts said, though the third-quarter performance of India’s top four IT majors did not inspire much confidence. IT industry research firm Everest Group’s CEO,…
  • In the News
    Jan. 12, 2024

    India’s two biggest IT services companies, Tata Consultancy Services (TCS) and Infosys, reported their third-quarter earnings for FY24 on January 11. Amid a seasonally weak quarter and an uncertain demand environment, all eyes were on their…
  • In the News
    Jan. 10, 2024

    DeepDive Equity Research serves a select set of institutional investors by providing IT services industry intelligence and related stock findings. To produce unique material targeted to address investment controversies, DeepDive research process leverages proprietary data, an…

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