Prediction: “sub 10% growth” in 2017 at Indian IT services companies, Gartner

“[Gartner analyst Arup Roy] said Indian [IT services] companies, for example, should not expect double-digit sales revenue growth in 2017, adding that ‘a sub 10% growth for 2017 is certain.'”

But, the effect is likely to be on all large organizations who have been globalizing IT staffing:

“There is really no such thing as the Indian IT services sector. All companies would be affected. For example, Capgemini employs more people in India that in any other country. Legislation does not differentiate between Infosys, Capgemini or Accenture,” said Schumacher.

And:

In 2013, German car manufacturer Daimler said it planned to achieve savings of €150m a year by bringing IT services in-house and expanding IT operations in India and Turkey. In 2012, General Motors said it would insource around 90% of its heavily outsourced IT operations.

We talked about more “Trump’s possible effects on tech” in last week’s Software Defined Talk, with some extensive links and notes in the show notes if you don’t want to fill your ear-holes.

Source: Trump election win creates uncertain future for IT services sector

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