IT companies must look outside legacy discretionary spends for business: Coforge CEO

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Mid-tier IT services company Coforge has witnessed an increase in the number and sizes of large deals in the third quarter as discretionary demand makes a “definite yet gradual” rebound, its top executive Sudhir Singh told ET.Calling discretionary demand revival as definite yet gradual, Singh pointed out that software service providers must look outside the legacy discretionary spends for business.

“We are not waiting for demand in the form that it used to come in earlier. Otherwise, we will keep waiting for a long time. Technology spend has not…



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IT companies must look outside legacy discretionary spends for business: Coforge CEO


Mid-tier IT services company Coforge has witnessed an increase in the number and sizes of large deals in the third quarter as discretionary demand makes a “definite yet gradual” rebound, its top executive Sudhir Singh told ET.Calling discretionary demand revival as definite yet gradual, Singh pointed out that software service providers must look outside the legacy discretionary spends for business.

“We are not waiting for demand in the form that it used to come in earlier. Otherwise, we will keep waiting for a long time. Technology spend has not…



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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