Gerben Bosch
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boschcg.bsky.social
Gerben Bosch
@boschcg.bsky.social
Guiding IT Services companies on Profit, Growth, M&A and Integration.
For more on these insights and to keep up with future reports, visit our latest Global IT Services Monitor! 👉 boschcg.com/Reports
November 28, 2024 at 8:31 AM
Q3’24 saw minimal M&A activity – 15 deals in total, with Accenture alone making over 50% of them. #M&A
November 28, 2024 at 8:31 AM
Headcount finally grew by +0.6%, breaking a trend since Q4'22! Attrition ticked up slightly to 13.6%.
November 28, 2024 at 8:31 AM
Profitability: EBITDA averages at 17.4%, improving by +0.5 points YoY and +1.0 points over two years, indicating enhanced margins amid slower growth.
November 28, 2024 at 8:31 AM
Public Sector, Manufacturing & Utilities show resilience, each growing +8% YoY. BFSI and TMT YoY decline looks to nearing its end.
November 28, 2024 at 8:31 AM
Europe & Americas are picking up growth momentum this Quarter with YoY growth at +1.7% and +1.6%, respectively, while APAC softens to +1.4% (adjusted).
November 28, 2024 at 8:31 AM
@leidosinc.bsky.social leads for the third quarter in a row at +6.9%, followed by @hcltech.bsky.social at +6.2% and TCS at +5.5%. Conversely, @kyndryl.bsky.social
(-7%), DXC(-5.6%), and Atos (-4.4%) continue to report declining revenue.
November 28, 2024 at 8:31 AM
Global revenue steady: Q3’24 YoY growth at +1.2%, marking two years of 'stable' levels. No indications of return to higher growth%, as result of #AI investments.
November 28, 2024 at 8:31 AM