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The Information Technology (IT) sector experienced a period of tremendous growth, but recently became subject to a strong downturn and negative growth, and needing to manage falling margins and revenue. Enterprises are having to continuously improve business operations to survive in this competitive sector.
IT businesses are looking to expand and grow the revenue stream through a number of service initiatives. In addition the calibre and quality of management teams is growing strongly and investment in business tools is at last beginning to pick up.
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