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NDTV PROFIT - LATEST · INDIAN ·

Accenture Q3 Crash Shows GenAI Eating IT Revenue, Infosys Feels Pain More Than Peers

As reported by NDTV Profit - Latest
Brokerages said the commentary from Accenture's management suggests that the demand environment remains challenging, with clients continuing to delay discretionary spending decisions.
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Accenture's Q3 results show a significant downturn, reflecting a challenging demand environment where clients are delaying discretionary spending. This indicates Generative AI's impact on IT revenue. Infosys is reportedly experiencing more severe effects from these market…

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