Is there is a decadal opportunity in IT sector? Gartner explains

The September quarter earnings season has started with TCS being the first company to report and it has come out with a better than expected set of numbers. The pick up in growth for the sector is likely to be driven by reduced impact of supply-side constraints along with a healthy demand environment.

Most of the providers have mentioned a drastic rise in cloud adoption, said DD Mishra of Gartner in an interview to CNBC-TV18.

“It’s because many of the customers are speeding up their transformation which is related to cost and cloud gives an opportunity to optimize and reduce the cost and that is where the response and the recovered phase is right now working together for many of the organization,” he added.