BENGALURU : Demand for digital transformation led by cloud remains a key tailwind for Indian IT services companies, according to a Motilal Oswal report dated 31 May. There is a heightened need for digital transformation across the board as enterprises move towards contactless business. This has led to a rapid adoption of digital technologies by these companies. Companies see this technology shift as the start of a multi-year “technology upgradation cycle", which should open up newer opportunities for technology-driven differentiation. Infosys also emphasized that cloud-centric digital technologies are the key investment areas of enterprises as they are continuously reimagining their organization structures.

Source: Mint May 31, 2021 09:00 UTC