it sector outlook

global it spending: Naveen Mishra on why Gartner is optimistic about worldwide IT spending guidance

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Naveen Mishra, VP, Team Manager, Gartner, says in ‘25 we anticipate CIOs would execute their Gen AI strategy and as a part of it, every service provider especially the large data centre companies are spending into servers, network etc. While you have upgraded your worldwide IT spend guidance with respect to the forecast that you … Read more

Selective in pharma and capital goods; will move to overweight in IT on weakness: Trideep Bhattacharya

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Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add. On net balance, we were underweight on IT by about 300 bps at the end of … Read more