Indian IT Sector’s Demand Environment Remains Intact, Strong Acceleration In Cloud Adoption: Prabhudas Lilladher
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Prabhudas Lilladher Report
Accenture reported strong revenue growth, order bookings and raised guidance underscoring the accelerated demand for technology transformation.
Most leading companies are simultaneously transforming multiple parts of their enterprises. Pre-Covid-19 digital leaders are racing to widen the gap and digital laggards are racing to leap frog.
This is driving force for broad based recovery across IT industry.
Accenture’s outsourcing order book stood at $6.3 billion, grew 46.5% YoY in U.S. dollar terms (quarterly average of $5.93 billion in FY20). This mirrors well for demand for Tier-I Indian IT companies.
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