West Asia conflict’s short-term impact will be modest-to-none for IT firms

The short-term impact will be modest-to-none, Peter Bendor-Samuel, Founder and Executive Chairman of Everest Group, said.


is a significant market, primarily driven by digital transformation initiatives. From TCS, Infosys, Wipro, to HCLTech, these firms have expanded their footprint and established a strong presence, with growth centred around AI-driven cloud transformation projects. Experts said that though the short-term impact from the ongoing conflict is none, as there would not be any major change in client spending, long-drawn tensions could impact firms, as there will be a slowdown in discretionary spending.

Read more