IT

IT expands Australia, Middle East, Nordic revenue streams to cut US drama

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IT services firms are expanding their revenue streams to geographies including Australia, Middle East, the Nordic region and even India through new centres and acquisitions to diversify beyond the core US market.

With a rise in technology spending from the regions, India’s software service providers are building nearshore centres to capitalise on the demand, reducing exposure and reliance on the biggest market (the US), prone to volatility and partly to visa policy-related challenges. Further, the firms are growing cybersecurity and consulting…

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