Topics In Demand
Notification
New

No notification found.

Blog
Vital signs of the IT-BPM industry

September 27, 2016

BPM

907

0

The Indian IT-BPM industry is all set to reach its goal of $300 billion in revenues by 2020. There are enough challenges in the form of economic volatility, protectionism, competition; but we need to look at more indicators to see which way the industry is headed, at least in the near future. Here are a few signals from our latest report:

  • Q1FY2017 revenues grew by 3.6 per cent QoQ, and 8.7 percent YoY, sustained client mining and digital traction, expected to improve growth momentum though BREXIT affect not clear yet
  • However, net margins dropped (from 20% to 19.2%) as visa hike, currency fluctuations and wage hikes drag  profitability for most companies
  • Net client addition remains positive during the quarter. Active client base continues to grow for most of the firms.
  • Attrition and employee growth rates improve over the last quarters. Employee growth stood at 1.8 percent.
  • The number of big M&As this year indicate that things will be far from boring in the coming days.

mergers

More insights and in depth reports in our quarterly industry review. Download the report here.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


© Copyright nasscom. All Rights Reserved.