What Do Deloitte & Accenture Bumper Results Speak Of The IT Outsourcing Market

Ireland-based Accenture and UK-based Deloitte, two big names in IT services, have reported robust revenue growth exceeding $50 billion in FY21. Accenture, in its report, has announced its revenue to be $50.5 billion, which saw an increase of 14% in US dollars compared with the fiscal year 2020. Similarly, Deloitte reached $50.2 billion in revenue with an increase of 5.5 per cent.  The tremendous revenue figures reported by both Accenture and Deloitte indicate how well the consulting and outsourcing business is thriving despite the COVID-19 crisis. Take, for instance, the outsourcing revenues out of the total revenue for Accenture were $23.2 billion, which is more than 45 per cent of the total revenue earned.  India's Outsourcing Market's Situation Taking India into consi