IT firms uncertain on full recovery post-pandemic

BENGALURU: Nearly 80 per cent of the tech leaders in India expect the recovery of their businesses in the medium term. However, full recovery is expected to be a long drawn affair since the real nature of the impact remains uncertain, a survey of tech CEOs conducted by IT industry body Nasscom shows.

According to the Nasscom CEO Pulse Survey, which surveyed India’s IT industry leaders on the impact of the pandemic, Covid-19 has reshaped the tech needs of enterprises globally, and increased demand in the cloud, collaborative workplace technologies, mobility, and cybersecurity verticals is expected.