Sonata Software pushes $1.5 billion revenue goal to FY27

Mid-tier IT firm Sonata Software has pushed its $1.5 billion revenue target by a year to fiscal 2027, its top executive told ET.

This indicates the slowdown in technology demand is also impacting mid-sized outsourcing firms which have been growing faster than their larger rivals like Tata Consultancy Services, Infosys, HCLTech and Wipro.