Capgemini

Industry Analysis

The global IT sector, valued at USD 1.40 trillion in 2023, is projected to reach USD 2.80 trillion by 2033, growing at a CAGR of 7.17%. Key growth drivers include the widespread adoption of cloud computing due to its scalability, cost-effectiveness, and automatic updates. Rising concerns about data security and privacy protection, coupled with high demand for data analytics and big data solutions, further propel the industry. However, a key risk factor is the FOMC holding key rates steady at 5.25-5.50% for the seventh straight meeting in June 2024, with the US Federal dot plot, projected  2.25-point interest rate cut by year-end 2026, potentially leading to reduced discretionary IT spending.
(Source: Industry Research Report and Annual Report)

Overview of Capgemini 

Capgemini Technology Services India Limited, incorporated in 1993 and formerly known as IGate Global Solutions Limited, is the Indian subsidiary of the global IT and business consulting giant Capgemini. The company excels in delivering cutting-edge Information Technology (IT) solutions and IT-enabled services, specializing in offshore outsourcing, software product development, and consulting. Catering to large and mid-sized enterprises, it employs a robust offshore/onsite delivery model to ensure tailored solutions. With a presence spanning Singapore, the United States, Germany, Belgium, Finland, South Korea, and Canada, Capgemini Technology Services India Limited showcases a vast global footprint and a versatile portfolio, solidifying its position as a trusted partner in the digital transformation landscape.