As Accenture sees a decline in a few of their revenue generating sectors it’s predicted that Indian IT companies, such as Infosys might also see some short-term impacts on business.

Accenture announced that they were experiencing a 2% year on year decline in Q4 revenue to $10.8billion. One of the main contributors to this loss is the decline in revenue for consulting.

Although Indian IT companies don’t depend on consulting like Accenture do, they are still experiencing challenges due to the cancellation of projects and customer spending cuts with the uncertainty of the pandemic.

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