💨 Abstract

The IT sector is predicted to experience subdued growth in Q3 of FY25 due to seasonal factors, but a recovery is anticipated in Q4 as companies execute recently signed deals. The demand for IT services has been impacted by economic uncertainties, with clients being cautious about discretionary spending. However, the report remains optimistic for the medium term, attributing this to the growing adoption of new technologies like AI, digital solutions, and cloud migration.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖