June 15, 2022 / 12:53 PM IST
Revenue and income forecasting has turn into extra complicated within the face of fast technological change, making long-term contracts riskier, mentioned Venkatraman Narayanan, Managing Director and Chief Monetary Officer of Happiest Minds Applied sciences.
His comment got here from the backdrop of rising attrition, exchange-rate volatility, and weak world cues affecting the data know-how (IT) trade.
“Profitability and income forecasting is changing into very complicated, as sophisticated as climate forecasting,” Narayanan mentioned in an episode of Life After Itemizing, a Moneycontrol collection that focuses on the important thing adjustments for an organization’s administration and founders/promoters after their firm goes public.