IT Services

Markets

Attrition falls at Accenture; can IT heave a sigh of relief?

Accenture’s attrition rate fell by 200 basis points sequentially to 17% in Q1FY22

2 min read20 Dec 2021
Industry

IT eyes 20-fold jump in demand for digital skills

The new skill requirement is changing rapidly and is leading to the gap in demand and supply of talent

2 min read28 Sep 2020
Industry

Pandemic won’t stop growth in IT services sector: IDC

IDC added that the IT services market is expected to grow annually at 7.6% between 2019 and 2024, slower than the 9.1% rate predicted last year

1 min read5 May 2020
Markets

Pandemic’s impact on Indian IT can be different from previous crisis

If more and more clients are affected by lockdowns and social distancing, and their impact on the global economy, Indian IT firms would soon witness another round of price resetsInvestors appear to be a bit sanguine about the impact of Covid-19 on IT demand

2 min read26 Mar 2020
Industry

Cognizant bets on digital biz with acquisitions in new markets

North America is Cognizant’s largest market, which contributes over 75% to the company’s total revenuesCognizant focuses on four areas - data, digital engineering, cloud, and internet of things (IoT)

2 min read18 Mar 2020
Technology

Wipro working to restore live availability of NRC data, may take 2-3 days

The Centre’s clarification comes months after the mammoth NRC exercise was concluded in AssamThe contract of the Bengaluru-headquartered company expired in October and was not renewed

1 min read12 Feb 2020
Companies

TCS brand value grew nearly six-fold since 2010 to $13.5bn in 2019: Report

TCS' brand value is seen as the driving force behind the Tata Group's ranking among the world's Top 100 Brands, the statement saidThe year-on-year growth in brand value in 2019 makes TCS the fastest growing among the top 3 IT services brands, the statement said

1 min read22 Jan 2020
Industry

Relief for TCS as US court rejects CSC's demand for restraining order

CSC was the IT partner to Transamerica before TCS won the contractTCS has denied any wrongdoing, saying that that CSC was trying to disrupt its $2 billion contract

1 min read13 May 2019
Industry

TCS set to become world’s third-largest IT services company

If TCS does surpass DXC, it will only lag behind International Business Machines Corp. and Accenture PlcTCS grew 9.6%, or added $1.82 billion in new business, to end with $20.91 billion in revenue in the year ended 31 March

3 min read8 May 2019
Opinion

Opinion | An orthogonal move into the market for IT services

Firms such as Microsoft, Oracle and SAP have long been at ‘right angles’ to IT service providers

4 min read4 Mar 2019