Rajan Sethuraman, CEO, LatentView Analytics, says “what has aided the growth in the last quarter and even in the first quarter has been incremental work that we have won from existing stakeholders. That again, is energizing because it means that the work we are doing for our current stakeholders is important and critical, that they choose to continue that and even add to that during the current economic scenario.”
In the first half of the year, we have seen a growth of around 20%. But when we started the year, you had a growth target of at least 25%. Are you expecting growth to accelerate in the second half of the year or are you expecting this kind of growth rate to continue?
While we hope for a significant acceleration, at this time, the demand scenario is still a little weak. We are, however, energized by the fact that the number of open conversations and the opportunities in the pipeline is more than double of where we were at the same time last year. So there is a great deal of interest but signing new deals and getting things underway, that is still quite sluggish.
Opportunities for spending a lot more time on the pipeline and closures are delayed. What has aided the growth in the last quarter and even in the first quarter has been incremental work that we have won from existing stakeholders. That again, is energizing because it means that the work we are doing for our current stakeholders is important and critical, that they choose to continue that and even add to that
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