GlobalData: Major IT service came under bottom-line pressure in 2020
For IT service providers, 2020 was one of the most challenging years for revenue growth. Their profitability fell as organizations resorted to cost optimization amid the COVID-19 crisis. According to analysis by GlobalData, a leading data and analytics company, 50% of the top 20 IT service providers by revenue reported YoY revenue decline in 2020, while nine saw a drop […]
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