Motilal Oswal: ISG Indicates Better-Than-Expected Recovery  

Motilal Oswal: ISG Indicates Better-Than-Expected Recovery

An employee working on laptop. (Photographer: John Taggart/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Information Services Group among the leading outsourcing consultants in the world, works with both enterprise buyers and service providers.

In its latest edition of the quarterly index call (Q3 CY20), ISG presented its assessment on deal awards in Q3 CY20 and its outlook for CY20.

Here are the key takeaways:

Overall annual contract grew by approximately 3% YoY in Q3 CY20 on the back of growth in cloud-based services.

Managed Services deal ACV declined 5% YoY, which was above expectations.

The segment was driven by some mega deals; restructured deals; and sharper recovery in banking, financial services and insurance, the U.K., and industry-specific BPOs.

Click on the attachment to read the full report:

Motilal Oswal Technology Sector Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES