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Don’t miss the latest developments in business and finance.
'Anxiety at peak': Accenture layoff move jolts Indian IT professionals
Accenture's management said that for a record quarter (Q2), the company managed to deliver with the existing talent base
IT analysts in wait-and-watch mode as experts see mild recession in the US
Analysts predict that if a slowdown does happen by 2022-end, the impact will be seen only in second half of FY23
Covid-19 crisis: $30-billion deal renewal headache for IT companies
Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.
India IT spending to dip 8% in 2020 amid Covid-19 pandemic, says Gartner
Gartner expects spending on devices and data centre systems in India to see their steepest declines in 2020, at -15.1 per cent and -13.2 per cent, respectively.
Global IT spending projected to touch $3.7 trillion in 2019: Gartner
Despite the ongoing tariff war, US IT spending is forecast to grow 3.5% in 2019
Global IT spending to grow 6.2% in 2018, hit $3.7 trillion: Gartner
Meanwhile, global spending on data centre systems is forecast to grow 3.7 per cent in 2018 -- down from 6.3 per cent in 2017