Small Indian IT firms’ rankings reshuffle as growth slows

“Another factor (to Sasken’s growth) is that engineering-focused firms like Sasken are often closer to the product roadmap of clients, not just maintaining enterprise back-office systems. That positions them better when clients prioritize innovation budgets over discretionary transformation programs. In many cases, enterprises may delay a large ERP (enterprise resource planning) modernization project, but they cannot afford to pause investment in intelligent products, connected platforms, automotive systems, or telecom network evolution,” said Phil Fersht, chief executive of HFS Research.