Capgemini ‘comfortable’ with top end 2022 targets but sees demand slowing

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Reuters UK

By Dagmarah Mackos (Reuters) -French IT consulting group Capgemini sees demand slowing in 2023 but expects results at the top end of guidance this year driven by its cloud, data and artificial intelligence businesses. “The group expects demand to decelerate a bit in the coming quarters, but it remains confident that 2023 will be a year of growth, even if probably not as strong as in 2022,” Chief Executive Aiman Ezzat said on a media call on Thursday. His comments come amid growing fears that an economic slowdown could dent IT budgets after gloomy results from tech giants Alphabet Inc and Micro…

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