FROM revenue to hiring, midsized IT firms are performing better than their larger peers as they continue to focus on specialisation.
Be it making use of generative AI or winning deals, these firms are eyeing digital transformation projects from clients.
The mid-sized firms ($150 million - $1 billion) are growing between 6% and 15%, whereas the larger firms' constant currency organic growth is between 3% and negative 4%.
Companies such as Coforge and Persistent Systems, among others, are winning key deals.
Coforge in Q4 had an order intake of $774 million, including a $400 million 10-year deal in the BFS vertical and a $55 million three-year transformation deal in the insurance vertical.
هذه القصة مأخوذة من طبعة May 21, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 21, 2024 من The New Indian Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Levitt ready to light up T20 WC
Netherlands' highest individual T20I scorer played a key role when his side beat former champions Sri Lanka in a warm-up match. All eyes will be on him during the marquee event..
15th CL crown for Real
REAL Madrid withstood a Borussia Dortmund barrage to win the Champions League for the 15th time as Dani Carvajal and Vinicius Junior struck late in a 2-0 win at Wembley on Saturday.
Tale of redemption: Amit, Jaismine find joy
BOXERS Amit Panghal and Jaismine Lamboria's tales are sort of a redemption.
MRC 'A' secure VAP Trophy
M BOOPATHI Vaishna Kumar slammed a century as Take Solutions MRC 'A' beat Kalpathi Investments Young Stars by by three wickets to win the VAP Trophy at the MA Chidambaram Stadium on Sunday.
On the way to becoming a great: Sania on Iga
ON Monday, one of the surest things in tennis, a Rafael Nadal win in the French dirt, came to an end.
Adani Group 'better' leveraged even as debt more than doubles in 5 yrs
TOTAL net debt of the Adani Group has almost doubled in the past five years from ₹94,770 crore at the end of FY19 to ₹181,604 crore in FY24, growing at a compounded annual growth rate of 14%.
Markets might see biggest gains post exit polls
INDIA'S equity market is expected to see one of its biggest gains of recent times this week following the exit poll results which have erased all concerns related to change of power at the centre.
First Christian women gets Brigadier rank in Pak army
DR Helen Mary Roberts, serving in the Pakistan Army Medical Corps, has made history by becoming the first woman from Christian and minority community to achieve the rank of brigadier in the Muslim-majority country.
China disrupting peace conference: Zelenskyy
President Volodymyr Zelenskyy accused China on Sunday of helping Russia to disrupt an upcoming Swiss-organised peace conference on the war in Ukraine.
US trying to build Asia-Pacific NATO, China says
THE US is trying to build an Asia-Pacific version of NATO through its Indo-Pacific strategy to maintain its hegemony in the region, a Chinese defence official said, stressing that Washington's attempt to serve its 'selfish' geopolitical interest is 'doomed to fail'.