"The mid-size IT services companies are more likely to face the combined pressure of exchange rate risk, lower billing rates, domestic inflation and slower deal closures," the study by the CyberMedia publication for the outsourcing industry said.
The large vendors with multi-shore delivery capabilities ike TCS, Wipro, Infosys, Satyam and HCL Technologies would be better equipped to exploit new opportunities in the slowdown period, it added.
However, the study said slowdown in US economy will have moderate impact on the global IT services and BPO industry.
The economic slowdown in the US would impact profitability and revenues in the short term, the study said.
The industry is gearing up with a two-pronged approach of re-aligning existing service areas and increasing focus on non-US geographies to shield itself from impact of a slowdown.
Nearly 75 per cent of the service providers who were surveyed said that by adopting this approach, their companies could marginalise the net impact on revenue growth and profitability, it added.
Nearly half of the service providers, primarily representing BPO, infrastructure management and application maintenance areas, indicated that the slowdown has not impacted the deals pipeline in the current quarter.
On the contrary, many of these companies are seeing a stronger deals pipeline and accelerated sign-ups.
