BENGALURU: Accenture<\/a>’s slower growth in Europe in its FY19 could impact leading Indian IT<\/a> firms, analysts said, as it signalled weaker spending by the region’s banks.
\n

\"&lt;p&gt;Accenture&#39;s
Accenture's performance and comments reinforce our stance that the demand trends, order book and deal velocity hint at sanguine FY20E revenue growth for the sector. <\/span><\/figcaption><\/figure> “We believe that continued revenue decline in European regions signals weak spending of European banks — higher risks to TCS<\/a> given more penetration in Europe BFSI<\/a> (Banking, Financial Services and Insurance),” Prabhudas Lilladher analyst Aniket Pande said in a note. “We remain cautious on overall demand environment and as US is entering elections with continued uncertainty around trade war<\/a>, may create headwinds for tech spends of US BFSI,” he said.

Tata Consultancy Services, India’s top IT services exporter, said earlier it would be hit by a restructuring at Deutsche Bank, a key client. “Demand environment remains sanguine. We continue believing that the industry will not materially de-grow from here, although there is some caution on BFS growth,” brokerage Motilal Oswal said.\n
<\/p><\/body>","next_sibling":[{"msid":71344829,"title":"TikTok popularity drives up sales of phone accessories","entity_type":"ARTICLE","link":"\/news\/tiktok-popularity-drives-up-sales-of-phone-accessories\/71344829","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71344914,"entity_type":"ARTICLE","title":"Accenture\u2019s muted Europe growth bad news for Indian IT","synopsis":"Tata Consultancy Services, India\u2019s top IT services exporter, said earlier it would be hit by a restructuring at Deutsche Bank, a key client.","titleseo":"telecomnews\/accentures-muted-europe-growth-bad-news-for-indian-it","status":"ACTIVE","authors":[{"author_name":"Jochelle Mendonca","author_link":"\/author\/479231167\/jochelle-mendonca","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231167.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479231167,"author_name":"Jochelle Mendonca","author_seo_name":"jochelle-mendonca","designation":"Assistant Editor - Enterprise IT","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2019-09-28 08:26:51","lastupd":"2019-09-28 08:26:51","breadcrumbTags":["bfsi","trade war","tcs","accenture","indian IT"],"secinfo":{"seolocation":"telecomnews\/accentures-muted-europe-growth-bad-news-for-indian-it"}}" data-authors="[" jochelle mendonca"]" data-category-name="" data-category_id="" data-date="2019-09-28" data-index="article_1">

埃森哲的低调的欧洲增长对印度IT坏消息乐动扑克

塔塔咨询服务公司、印度最大的IT服务出口国,早些时候表示,德意志银行(Deutsche Bank)将被重组,一个关键的客户。< / p >

Jochelle Mendonca
  • 发布于2019年9月28日08:26点坚持

班加罗尔:埃森哲咨询公司在欧洲的经济增长放缓FY19会影响领导印度IT公司,分析师表示,这暗示较弱的开支,该地区的银行。

< p >埃森哲的表现和评论强化我们的立场,需求趋势,订单和交易速度暗示乐观FY20E收入增长的部门。< / p >
埃森哲的表现和评论强化我们的立场,需求趋势,订单和交易速度暗示乐观FY20E收入增长的部门。
“我们相信,继续在欧洲区域信号弱支出收入下滑的欧洲银行——更高的风险TCS在欧洲得到更多的渗透BFSI(银行、金融服务和保险),“Prabhudas Lilladher分析师Aniket潘德在一份报告中称。“我们对环境总体需求仍持谨慎态度,随着美国进入选举,持续的不确定性贸易战争,可能为我们科技花BFSI创建阻力,”他说。

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塔塔咨询服务公司、印度最大的IT服务出口国,早些时候表示,德意志银行(Deutsche Bank)将被重组,一个关键的客户。“需求环境依然乐观。我们继续相信这个行业不会实质性de-grow从这里,虽然有一些谨慎BFS增长,”经纪Motilal Oswal说。

  • 发布于2019年9月28日08:26点坚持
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BENGALURU: Accenture<\/a>’s slower growth in Europe in its FY19 could impact leading Indian IT<\/a> firms, analysts said, as it signalled weaker spending by the region’s banks.
\n

\"&lt;p&gt;Accenture&#39;s
Accenture's performance and comments reinforce our stance that the demand trends, order book and deal velocity hint at sanguine FY20E revenue growth for the sector. <\/span><\/figcaption><\/figure> “We believe that continued revenue decline in European regions signals weak spending of European banks — higher risks to TCS<\/a> given more penetration in Europe BFSI<\/a> (Banking, Financial Services and Insurance),” Prabhudas Lilladher analyst Aniket Pande said in a note. “We remain cautious on overall demand environment and as US is entering elections with continued uncertainty around trade war<\/a>, may create headwinds for tech spends of US BFSI,” he said.

Tata Consultancy Services, India’s top IT services exporter, said earlier it would be hit by a restructuring at Deutsche Bank, a key client. “Demand environment remains sanguine. We continue believing that the industry will not materially de-grow from here, although there is some caution on BFS growth,” brokerage Motilal Oswal said.\n
<\/p><\/body>","next_sibling":[{"msid":71344829,"title":"TikTok popularity drives up sales of phone accessories","entity_type":"ARTICLE","link":"\/news\/tiktok-popularity-drives-up-sales-of-phone-accessories\/71344829","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71344914,"entity_type":"ARTICLE","title":"Accenture\u2019s muted Europe growth bad news for Indian IT","synopsis":"Tata Consultancy Services, India\u2019s top IT services exporter, said earlier it would be hit by a restructuring at Deutsche Bank, a key client.","titleseo":"telecomnews\/accentures-muted-europe-growth-bad-news-for-indian-it","status":"ACTIVE","authors":[{"author_name":"Jochelle Mendonca","author_link":"\/author\/479231167\/jochelle-mendonca","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231167.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479231167,"author_name":"Jochelle Mendonca","author_seo_name":"jochelle-mendonca","designation":"Assistant Editor - Enterprise IT","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2019-09-28 08:26:51","lastupd":"2019-09-28 08:26:51","breadcrumbTags":["bfsi","trade war","tcs","accenture","indian IT"],"secinfo":{"seolocation":"telecomnews\/accentures-muted-europe-growth-bad-news-for-indian-it"}}" data-news_link="//www.iser-br.com/news/accentures-muted-europe-growth-bad-news-for-indian-it/71344914">