The WITCH Report: 2018 Mid-Year Review
H1 in review: Uptick in M&A, lower growth rates, steady margins, leadership exits
Our mid-year review of 11 publicly held global technology consulting firms indicates weak organic growth for most in the healthcare segment relative to their respective overall company growth rates, with Wipro being the most challenged in the group. The drag on overall growth and margins arising from the ill-timed HPS acquisition continues to be a problem for the firm. We have included a timeline of events pertaining to the HPS acquisition in the report. The recent departure of Wipro’s head of the healthcare business follows a series of quarters of low growth, and it remains to be seen what the next few quarters look like.