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  • In the News
    Jan. 10, 2024

    As former Infosys President Ravi Kumar S completes one year as CEO of IT services and consulting major Cognizant Technology Solutions Corp this month, experts and insiders at ET gave a thumbs up to the new…
  • In the News
    Jan. 08, 2024

    Optimism over SaaS (software as a service) companies will drive revenue growth of Indian IT firms in 2024, while ER&D (engineering and research and development) work will remain a bright spot, according to analysts. Peter Bendor-Samuel,…
  • In the News
    Jan. 05, 2024

    Wipro CEO Thierry Delaporte’s five-year tenure ends in July, and Wipro is said to be grooming at least three internal leaders for the top job. Peter Bendor-Samuel, CEO of Everest Group, thinks Wipro would prefer to…
  • In the News
    Jan. 05, 2024

    India’s top software exporters are set to compete intensely with local and overseas peers for a sizeable share of the estimated US$16 billion in global IT services large deals that will come up for renewal in…
  • In the News
    Jan. 02, 2024

    Large deals announced by Indian IT services providers and even their global peers have failed to enthuse investors’ faith in any near-term recovery of technology spend. “There will be several large deals announced (in the third…
  • In the News
    Jan. 01, 2024

    Indian IT firms are likely to post subdued revenue growth numbers with a fall in overall headcount in the third quarter ended December 2023, with more negative news becoming the order of the day. “It is…
  • Blog
    Dec. 15, 2023

    Global In-house Centers (GICs), which were first known as “captives,” are on the rise. There are hundreds of new startups, and existing captives are significantly expanding their capabilities. It is very clear that companies are more…
  • In the News
    Dec. 14, 2023

    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…
  • Blog
    Dec. 11, 2023

    Digital technologies brought the promise of an operational platform that enables companies to run their business differently and compete better in the marketplace. It is more automated, more self-service, more efficient, and more effective. And it is designed…
  • In the News
    Dec. 06, 2023

    From enterprises to government agencies to the white-collar worker, no one will be spared the disruption that AI, and generative AI in particular, is ushering in. Ashish Sehdev, a Vice President at Everest Group, says there…
  • Blog
    Dec. 05, 2023

    Generative AI seems so compelling. However, it carries significant issues that will likely cause initiatives to fail or substantially underperform against their potential. This blog presents information about several issues. We will look first at a…
  • In the News
    Nov. 30, 2023

    Software services giant Cognizant has appointed real estate management firm JLL as an adviser to find buyers for leasehold land tied to its globally largest facility by area located in Chennai, according to three people familiar…
  • State of the Market
    Nov. 30, 2023

    The number of organizations that are proactively investing in ESG-related initiatives, is on the rise. It is essential to recognize that ESG is no longer a niche concern but a central aspect of business strategy. ESG…
  • Blog
    Nov. 28, 2023

    In every quarter in 2023, the tech services environment became increasingly more difficult due to a growing more-for-less mindset instead of a build-for-the-future orientation. The discretionary spend component of the market largely evaporated. Here is an…
  • Event
    Nov. 23, 2023

    Following a muted 2023, business leaders in the Asia-Pacific (APAC) region are cautiously optimistic about 2024. Within the current APAC sourcing market, as buyers prepare for the coming year, they are actively leveraging inventive commercial models,…
  • Webinar Deck
    Nov. 23, 2023

    Following a muted 2023, business leaders in the Asia-Pacific (APAC) region are cautiously optimistic about 2024. Within the current APAC sourcing market, as buyers prepare for the coming year, they are actively leveraging inventive commercial models,…
  • In the News
    Nov. 22, 2023

    At a time when large IT companies are seeing BFSI (banking, financial services, and insurance) vertical-led softness, the same is aiding the growth of some midcap companies. The reason is that smaller IT firms cannibalize larger…
  • In the News
    Nov. 20, 2023

    The ouster of Sam Altman, OpenAI’s CEO and the face of the AI boom, is unlikely to have a long-term impact on the company’s existing business partnerships with Indian IT services companies and the pace of…
  • In the News
    Nov. 20, 2023

    At a time when top IT companies are seeing a reduction in their net headcount, there is a divergence between tech workers and their sales counterparts when it comes to the rate of headcount drop. Macro…
  • In the News
    Nov. 17, 2023

    Migration to cloud has been at the vanguard of growth the past three years, but its pace has slowed considerably and is unlikely to return at the level it was post pandemic. Microsoft, Alphabet, Amazon and even…

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