{"id":843434,"date":"2024-08-12T10:12:45","date_gmt":"2024-08-12T04:42:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=843434"},"modified":"2024-08-12T10:52:06","modified_gmt":"2024-08-12T05:22:06","slug":"it-majors-see-slump-in-europe-revenues","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/12\/it-majors-see-slump-in-europe-revenues\/","title":{"rendered":"IT majors see slump in Europe revenues"},"content":{"rendered":"<p>Most large and mid-sized IT companies experienced a sequential drop or softness in revenue from Europe during the June quarter. This decline, analysts said, was largely due to volatile market conditions, short-notice decision-making by customers, and a slowdown in large deals, especially in the manufacturing vertical.<\/p>\n<p>During FY24, the IT firms had witnessed strong deal wins and revenue inflow in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most large and mid-sized IT companies experienced a sequential drop or softness in revenue from Europe during the June quarter. This decline, analysts said, was largely due to volatile market conditions, short-notice decision-making by customers, and a slowdown in large deals, especially in the manufacturing vertical. During FY24, the IT firms had witnessed strong deal wins and revenue inflow in the region.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-843434","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/843434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=843434"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/843434\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=843434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=843434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=843434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}