Accenture results bring cheer, and some lessons for Indian IT

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Accenture, the US-listed IT behemoth, has provided some much-needed Christmas cheer to Indian IT companies. The company, which follows a September to August reporting period, has upped its full-year guidance, raising expectations that the long-hoped-for boost in customer confidence and, as a result, spending, is truly underway. Accenture raised its guidance to 4%-7% in constant currency terms, which strips out volatility to foreign exchange



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Accenture results bring cheer, and some lessons for Indian IT



Accenture, the US-listed IT behemoth, has provided some much-needed Christmas cheer to Indian IT companies. The company, which follows a September to August reporting period, has upped its full-year guidance, raising expectations that the long-hoped-for boost in customer confidence and, as a result, spending, is truly underway. Accenture raised its guidance to 4%-7% in constant currency terms, which strips out volatility to foreign exchange



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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