Q4FY24 Software Product Engineering: How Persistent Systems and Happiest Minds Outpaced Competitors
Persistent Systems and Happiest Minds excelled in Q4FY24 by tapping into the power of AI, automation, and global delivery models. This combination of strategies allowed them to meet the growing demand for software product engineering services efficiently. Onshore-heavy providers, however, were hindered by rising labour costs and limited access to skilled workers. To remain competitive in the future, these onshore players will need to diversify their delivery models and adopt automation technologies to manage costs and scale effectively.