Quiet French Revolution in IT services?
By
Biju Kumar
BENGALURU: There’s a quiet French Revolution brewing in IT services, though it may not last long. Even as most leading companies in the sector are seeing big declines in growth rates, France’s Capgemini, which normally has lower rates of growth relative to peers, is seeing relatively better growth now. That’s because its geographic revenue mix is skewed towards Europe, whose outsourcing is growing even as it is sharply slowing in the Americas, from where most other large IT companies derive the bulk of their revenue.