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June 2020
IT Consulting
The mature nature of the IT Consulting industry requires many of the larger players to make M&A an essential part of their growth strategy. Recently, acquisitions in near-shore (Latin America) and off-shore markets (in Eastern Europe and Asia) have become more popular, as they enable the addition of specific capabilities at lower costs. Due to COVID, many businesses are adopting digital capabilities at a high pace to adjust for operational difficulties in the current environment. Especially demand for cloud technologies, analytics, and automation capabilities will drive growth in the industry