IT companies must look outside legacy discretionary spends for business: Coforge CEO

Mid-tier IT services company Coforge has witnessed an increase in the number and sizes of large deals in the third quarter as discretionary demand makes a “definite yet gradual” rebound, its top executive Sudhir Singh told ET.Calling discretionary demand revival as definite yet gradual, Singh pointed out that software service providers must look outside the legacy discretionary spends for business.

“We are not waiting for demand in the form that it used to come in earlier. Otherwise, we will keep waiting for a long time. Technology spend has not…