Tata Consultancy's Profit Meets Estimates

The video discusses the optimistic outlook for IT spending in 2018, highlighting a shift towards cloud and analytics as key growth drivers. It examines the impact of lower US tax rates on discretionary IT spending and explores global trends in cloud spending, particularly in regions like Singapore and Malaysia. The video also addresses the transition from CapEx to OpEx models, making IT spending more manageable for companies.

What was the main focus for IT companies in 2018 to drive revenue growth?

• Hardware sales

• Customer support services

• Traditional IT outsourcing

• Cloud and analytics

How did lower tax rates in the US affect IT spending?

• Reduced IT spending

• Encouraged discretionary IT spending

• Increased hardware purchases

• Decreased interest in new technologies

Which regions saw a boost in cloud spending over the last two years?

• US and APAC

• Only the US

• Only APAC

• Only Europe

What model are companies shifting towards to make IT spending more manageable?

• CapEx intensive model

• OpEx oriented model

• Traditional outsourcing model

• In-house IT model

What role do government initiatives play in IT spending by SMEs?

• They increase CapEx requirements

• They discourage digital spending

• They have no impact

• They encourage digital spending