Existential crisis for mid-sized IT firms

Existential crisis for mid-sized IT firms

Indian midsized IT firms like iGate, 3i Infotech and MphasiS are facing tough competition from competitive firms. They are spending millions of dollars and acting towards future strategic vision and dealing with change in their existing services. Industry experts stated that companies like 3i, Polaris, MphasiS are suffering from lack of management quality, strategic vision and execution but not about economic crisis.

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