The Growth StoryEd Nair, Editor, Global Services
Revenue growth was the most sought after performance indicator during 2010, but it eluded most of the companies due the depressed market environment.
In the 10 percent to 30 percent band, there are many aggressive and leading India-focused companies and large regional IT leaders. These are the companies that were equipped to handle the market forces, were able to get business either through their scale or specialty, and were able to deliver better than average results.
Amongst companies that grew fastest, with growth rates in excess of 30 percent, one would find many global mid-tier companies from India, China, Russia, E.Europe, and Latin America. In some cases, growth has come in from acquisitions— a strategy that works well when primary demand is weak.
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