infosys: IT industry’s competitive intensity to be at highest levels in FY25: HCLTech CEO C Vijayakumar

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In August 2023, when all the major IT services firms were gripped by slow discretionary spends, C Vijayakumar, CEO and MD, HCLTech, in an investor meet, called out that the company will see incremental growth going forward as the market has bottomed out. This sight of green shoots amid a hazy macro environment came to fruition when the third largest IT service firm reported a healthy 8.3% yearly growth.The third largest software services firm,



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infosys: IT industry’s competitive intensity to be at highest levels in FY25: HCLTech CEO C Vijayakumar



In August 2023, when all the major IT services firms were gripped by slow discretionary spends, C Vijayakumar, CEO and MD, HCLTech, in an investor meet, called out that the company will see incremental growth going forward as the market has bottomed out. This sight of green shoots amid a hazy macro environment came to fruition when the third largest IT service firm reported a healthy 8.3% yearly growth.The third largest software services firm,



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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