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

Share via:



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.

Popular

More Like this

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Instagram’s new ‘Edits’ app now available on App Store...

After being announced in January, Instagram’s new CapCut...

HCLTech’s Q4 profit dips 6.5% to Rs 4,307 crore

HCLTech, India's third largest IT services company, on...

New video shows iPhone 17 Air thinness hands-on: ‘that...

Source: Unbox Therapy Knowing dimensions is one thing, but...

Popular

Upcoming Events

UAE crypto startup Resolv Labs secures $10m seed funding

Founded in 2023, Resolv Labs focuses on delta-neutral...

OpenAI exec says the company would buy Google’s Chrome...

An OpenAI exec said during Google’s antitrust trial...

BluSmart appoints Grant Thornton for a forensic audit

BluSmart has appointed Grant Thornton for a forensic...
GdfFD GFD GFD GFD GFD GFD GFD