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India Inc 2020 IT spend will fall but cost optimisation solutions can win deals

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MUMBAI: The coronavirus crisis is expected to slow down spending on IT across sectors substantially, but the service providers will have the scope to build on projects that help clients optimise costs better using technology, said analysts.

According to a Gartner research on the ways businesses are likely to plan their tech spend, through 2022, potential for further geopolitical disruptions will accelerate uptake of intelligent automation of managed services by more than 25% and will spur movement of these services onshore to mature country locations.

Through 2022, steep demand growth for specialist skills in digital transformation and cloud application migration services will increase labour rates by 50%.

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