financetom
Business
financetom
/
Business
/
Is there is a decadal opportunity in IT sector? Gartner explains
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Is there is a decadal opportunity in IT sector? Gartner explains
Oct 8, 2020 5:07 AM

The September quarter earnings season has started with TCS being the first company to report and it has come out with a better than expected set of numbers. The pick up in growth for the sector is likely to be driven by reduced impact of supply-side constraints along with a healthy demand environment.

Most of the providers have mentioned a drastic rise in cloud adoption, said DD Mishra of Gartner in an interview to CNBC-TV18.

“It’s because many of the customers are speeding up their transformation which is related to cost and cloud gives an opportunity to optimize and reduce the cost and that is where the response and the recovered phase is right now working together for many of the organization,” he added.

Watch the video for more

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump urges EU to impose 100% tariffs on China and India to pressure Putin, FT reports
Trump urges EU to impose 100% tariffs on China and India to pressure Putin, FT reports
Sep 9, 2025
(Reuters) -U.S. President Donald Trump has urged the European Union to impose 100% tariffs on China and India as a strategy to pressure Russian President Vladimir Putin, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. ...
Carriage Services Announces the Acquisition of Osceola Memory Gardens, Cemetery, Funeral Homes & Crematory; Porta Coeli Funeral Home & Crematory; Fisk Funeral Home & Crematory; Funeraria Borinquen; an
Carriage Services Announces the Acquisition of Osceola Memory Gardens, Cemetery, Funeral Homes & Crematory; Porta Coeli Funeral Home & Crematory; Fisk Funeral Home & Crematory; Funeraria Borinquen; an
Sep 9, 2025
HOUSTON, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Carriage Services, Inc. ( CSV ) (Carriage or Carriage Services) is pleased to announce that it has acquired substantially all the assets of Osceola Memory Gardens, Cemetery, Funeral Homes & Crematory; Porta Coeli Funeral Home & Crematory; Fisk Funeral Home & Crematory; Funeraria Borinquen; and Cremation Care Providers of Central Florida (collectively, Osceola),...
AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN MAPLE GOLD MINES LTD.
AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN MAPLE GOLD MINES LTD.
Sep 9, 2025
Stock Symbol: AEM (NYSE and TSX) TORONTO, Sept. 9, 2025 /PRNewswire/ - Agnico Eagle Mines Limited ( AEM )  (Agnico Eagle) announced today that it has acquired 586,619 units (Units) of Maple Gold Mines Ltd. (TSXV: MGM) (Maple) in a non-brokered private placement (the Private Placement) at a price of $0.60 per Unit for total consideration of $351,971.40. Each Unit...
Cohen & Steers' Assets Under Management Rise in August
Cohen & Steers' Assets Under Management Rise in August
Sep 9, 2025
04:55 PM EDT, 09/09/2025 (MT Newswires) -- Cohen & Steers ( CNS ) said late Tuesday its preliminary assets under management were $90.4 billion as of Aug. 31, up from $88.6 billion a month earlier. The company said the increase was due to market appreciation of $1.8 billion and net inflows of $104 million, partly offset by $151 million in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved