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Buoyant outlook of global SaaS...

The just-concluded robust quarterly results of...

Technology: AI to replace 5%...

Analysts forecast that Artificial Intelligence (AI)...

Buoyant outlook of global SaaS majors to boost Indian IT firms

The just-concluded robust quarterly results of global SaaS companies, such as Salesforce, ServiceNow, and Workday, hold cheer for Indian IT players delivering high-end digital services, according to top broker ICICI Securities. Most SaaS companies have reported June/July23 quarter revenue growth higher than their guidance, and some have also upgraded full-year CY23 guidance, indicating improvement in demand despite elongated deal cycles. Also Read | India’s SaaS industry to reach $50 billion by 2030, to generate revenue of $20-25 million: ReportDemand for SaaS companies has either stabilised or incrementally improved. Most SaaS...

Buoyant outlook of...

The just-concluded robust quarterly results of global SaaS companies, such as Salesforce, ServiceNow, and Workday, hold cheer for Indian IT players delivering high-end...

Technology: AI to...

Analysts forecast that Artificial Intelligence (AI) will gradually replace around 5% of full-time technology or FTE roles annually over the next 4-5 years,...