Indian IT Sector’s Demand Environment Remains Intact, Strong Acceleration In Cloud Adoption: Prabhudas Lilladher
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Indian IT Sector’s Demand Environment Remains Intact, Strong Acceleration In Cloud Adoption: Prabhudas Lilladher

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

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.

Click on the attachment to read the full report:

Prabhudas Lilladher IT Services Sector Update.pdf

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