IT companies: Why IT companies are struggling to translate deal wins into topline growth

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India’s $250 billion information technology industry is struggling to translate strong momentum in deals into action that will boost financial performance.This could worsen over the next couple of quarters, as growing fears of recession in the US, delays in decision-making and slow ramp-up of signed deals weigh in, analysts say.“Global economic challenges, including inflationary pressures, interest rate hikes and geopolitical tensions, have made



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IT companies: Why IT companies are struggling to translate deal wins into topline growth



India’s $250 billion information technology industry is struggling to translate strong momentum in deals into action that will boost financial performance.This could worsen over the next couple of quarters, as growing fears of recession in the US, delays in decision-making and slow ramp-up of signed deals weigh in, analysts say.“Global economic challenges, including inflationary pressures, interest rate hikes and geopolitical tensions, have made



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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