number of resources largely in the US market. According to Kotak, the demand environment for IT services has improved in the past few months. “Healthy pick-up in spending in key markets of North America and scope for accelerated market share gains in Europe can support 15% growth for the industry, which in turn can satiate the growth appetite of all players and reduce pricing pressure,” the report said.
Numerous changes within the global IT industry has brought into focus areas such as cloud, mobility, analytics, social to the fore with Indian IT firms adapting rapidly.
Prabhudas Lilladher said, “We expect an agile strategic approach and adoption of new technological trend to drive mid-to-high-teen growth in FY15 and FY16.”