BENGALURU, Oct 17 (Reuters) - Funding commitments for digital push remain intact despite a challenging macro-economic environment, the chief executive of India's No.
The pandemic unlocked a lot of funding commitments in terms of digital transformation, TCS Chief Executive Rajesh Gopinathan told Reuters.
Register now for FREE unlimited access to Reuters.com Register"When you look forward, for the next 12 to 18 months, that excitement level (towards digital transformation) has died down, but the funding commitments have not gone away.
Mumbai-based TCS reported better-than-expected quarterly results last week, but flagged that long-term deal decision making remained soft due to macro-economic challenges.
July-September order book was steady and stood at $8.1 billion, consisting of several small- and medium-sized deals rather than large ones, according to TCS.