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Article: India : Capgemini sees recovery in financial services.
- Article from:
- TendersInfo
- Article date:
- September 26, 2009
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Information technology and business consultancy company Capgemini SA is seeing some recovery in its financial services business as clients look to cut costs and boost growth, and the pricing environment is stable, an official said on Thursday.
Financial services accounted for 16% of Capgemeni s revenue in the first half of this year, down from 18.4% in the year-ago period, reflecting turmoil in the sector.
In financial services, we have started to see some level of recovery already...and certainly we are hoping to see some of that in 2010, said Salil Parekh, global head of Capgemini s financial services business.
Recovery is not like a quick, ...