The mood in the IT Industry has turned optimistic after gains TCS, Infosys and Wipro performed beyond expectations in the October-December quarter. Analysts also expect strong numbers from HCL Technologies which announces its results today. The positive mood follows from sound revenue growth in the Key BFSI (banking, finance services & insurance) segment. Not surprisingly IT companies are hiring and increments are round the corner.
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IT research and advisory firm Gartner has predicted 4.6% growth in worldwide IT spending this year. “Although modest this projected growth represents a significant improvement from 2009 when world wide IT spending declined 4.6%. All major segments (computing hardware software IT Services telecom and telecome service are expected to grow in 2010 the report said.
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