Navigating IT Sector Skepticism: A Case for Optimism
Amidst declining revenue and growth skepticism around IT industry fueled with low Revenue per employee reports, the industry outlook on IT has suffered, but all is not lost as the IT opportunity remains and the current regime is just a strategic shift observed for short terms.
Resilient IT firms are adapting, with consulting businesses achieving steady growth and cloud services expanding rapidly. Collaborations on GenAI, such as the joint Generative AI Centre of Excellence, underscore India’s potential in the IT sector.”
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