IT companies see recovery signs in BFSI spends uptick, AI boom

January 21, 2025

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Early signs of uptick in discretionary technology spending in the key vertical of banking, financial services and insurance (BFSI) and rupee depreciation in a seasonally weak third quarter (Q3) of the financial year has brightened prospects for India’s $254 billion outsourcing industry. This, along with growing momentum for artificial intelligence (AI) adoption across enterprises, has put growth in core markets on track for 2025.Top six software service providers, reporting earnings over the past two weeks, have witnessed revival in the key regions…

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IT companies see recovery signs in BFSI spends uptick, AI boom

January 21, 2025

, By admin

Early signs of uptick in discretionary technology spending in the key vertical of banking, financial services and insurance (BFSI) and rupee depreciation in a seasonally weak third quarter (Q3) of the financial year has brightened prospects for India’s $254 billion outsourcing industry. This, along with growing momentum for artificial intelligence (AI) adoption across enterprises, has put growth in core markets on track for 2025.Top six software service providers, reporting earnings over the past two weeks, have witnessed revival in the key regions…

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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