Sustained weakness in telecom vertical
Communications vertical declined 1.7% YoY as clients prioritize cost savings; U.S. telecom remains stressed.
TECHM / Q2-FY25 / risks
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Techm · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
high
Competitive pricing pressure in large deals
Management noted competitors making 'heroic assumptions' on productivity, potentially leading to aggressive pricing that TechM avoids.
Furlough impact in Q3
Q3 is seasonally weak due to furloughs; management has limited visibility on magnitude this early.
Auto sector softness
Manufacturing vertical declined 4% QoQ due to softness in auto, especially in Europe and U.S.