Close Menu
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

The world’s largest air force with the F-35 fleet in 2025

AI systems learn from many types of scientific information and run experiments to discover new materials | MIT News

Among the most troublesome relationships in healthcare AI

Facebook X (Twitter) Instagram
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram Pinterest Vimeo
Karachi Chronicle
  • Home
  • AI
  • Business
  • Entertainment
  • Fashion
  • Politics
  • Sports
  • Tech
  • World
Karachi Chronicle
You are at:Home » IT companies exposed to healthcare braces for immune testing
Tech

IT companies exposed to healthcare braces for immune testing

Adnan MaharBy Adnan MaharDecember 27, 2024No Comments2 Mins Read0 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


For some Indian IT companies, entering the healthcare sector has proven to be a boon, boosting revenues at a time when other sectors were facing huge pressure.

Persistent Systems Ltd, a Tier 2 IT company with the highest revenue contribution from healthcare, has recorded an impressive average year-on-year growth of 51% over the past four quarters, according to a Motilal Oswal Financial Services report dated December 18. . In particular, resistance in the tech sector was offset by increased traction in the healthcare sector due to the acceleration of large deals.

Read this | The IT industry oscillates between hope and despair

For HCL Technologies Ltd, the contribution of the healthcare sector in the Tier-1 category is somewhat inconsistent. The segment’s revenue decreased by 4% QoQ in the first quarter of FY2025, but recovered with an increase of approximately 3% in the second quarter of FY2025. Wipro Ltd, on the other hand, has performed well in this sector, achieving a compound annual growth rate (CAGR) of around 8.5% in the last two years as per the Motilal Oswal report.

A reassuring note is that unlike the banking, financial services and insurance (BFSI) sector, the healthcare industry remains relatively insulated from interest rate fluctuations. Additionally, IT spending by healthcare customers is expected to remain stable due to continued investments in biotechnology and clinical trials. In contrast, the BFSI sector is focusing on large-scale transformation projects to tackle lagging discretionary IT spending.

Also read | IT stocks are pricing in recovery, but business is sluggish

However, potential changes to U.S. healthcare policy under newly elected President Donald Trump could disrupt the healthcare industry and pose a risk to these IT companies’ earnings prospects. . Key uncertainties include the potential repeal of the Affordable Care Act, changes in Medicaid funding, and stricter drug pricing regulations. If these issues are not clarified, the performance of the healthcare industry may suffer in the short term.



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleThe late night phone call that launched Manmohan Singh into politics
Next Article “It’s okay not to listen to your parents’ advice, but…” Dell CEO Michael Dell tells young people
Adnan Mahar
  • Website

Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

Related Posts

Googleबनी$ 3

September 16, 2025

Tesla engineers will resign in eight years. He points out CEO Elon Musk as the main reason, accusing him of “liing to the public and manipulating him…”

September 12, 2025

Ant Group unveils its own Tesla Optimus competitor, R1 humanoid robot

September 11, 2025
Leave A Reply Cancel Reply

Top Posts

20 Most Anticipated Sex Movies of 2025

January 22, 2025451 Views

President Trump’s SEC nominee Paul Atkins marries multi-billion dollar roof fortune

December 14, 2024122 Views

How to tell the difference between fake and genuine Adidas Sambas

December 26, 202484 Views

Alice Munro’s Passive Voice | New Yorker

December 23, 202474 Views
Don't Miss
AI September 25, 2025

AI systems learn from many types of scientific information and run experiments to discover new materials | MIT News

Machine learning models can speed up discovery of new materials by making predictions and proposing…

Among the most troublesome relationships in healthcare AI

Google’s Gemini AI is on TV

Google Deepmind is a “historical” AI breakthrough in problem solving | Artificial Intelligence (AI)

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Karachi Chronicle, your go-to source for the latest and most insightful updates across a range of topics that matter most in today’s fast-paced world. We are dedicated to delivering timely, accurate, and engaging content that covers a variety of subjects including Sports, Politics, World Affairs, Entertainment, and the ever-evolving field of Artificial Intelligence.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

The world’s largest air force with the F-35 fleet in 2025

AI systems learn from many types of scientific information and run experiments to discover new materials | MIT News

Among the most troublesome relationships in healthcare AI

Most Popular

10 things you should never say to an AI chatbot

November 10, 20040 Views

Character.AI faces lawsuit over child safety concerns

December 12, 20050 Views

Analyst warns Salesforce investors about AI agent optimism

July 1, 20070 Views
© 2025 karachichronicle. Designed by karachichronicle.
  • Home
  • About us
  • Advertise
  • Contact us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.