TechMarketView

LTM (the new name for the recently rebranded LTIMindtree) has started FY27 in much the same way it completed the prior financial year (see here). Revenue for the three months ended 30 June 2026 improved by 6.4% year-on-year at constant currency to $1.22bn, albeit sequential growth continued to track down at 0.3% (Q4FY26: 1.2%). EBIT margin gained 120 bps to 15.5%. Order inflow increased by 3.1% against Q1FY26, reaching $1.68bn.

There is something reassuringly old-fashioned about a founder returning to run the business they built, and Matt Franklin's (pictured) return to the CEO role at Roc Technologies has more than a whiff of continuity about it. Franklin, who founded the Newbury-based secure managed services provider in 2011 and stepped back from day-to-day leadership in 2022, is once again holding the reins following the departure of his successor.

TCS has outlined one of the ways in which it intends to monetise enterprise AI, with CEO K Krithivasan telling Reuters over the weekend that the firm plans to build a team of between 5,900 and 8,900 Forward Deployed Engineers (FDEs), some 1% to 1.5% of its nearly 600k global workforce.

Following hot on the heels of the launch of the Microsoft Frontier Company (see Microsoft joins the FDE push with new Frontier Company), Cognizant has announced an intention to scale its Frontier-certified skills pool to 15,000 personnel. The new workforce model is positioned as the “human infrastructure that turns AI investment into enterprise outcomes”. It will comprise 5,000 Frontier-certified engineers, who will architect and build agentic systems, and 10,000 Frontier business operators.

A fourth consecutive quarter of sequential expansion saw TCS return to year-on-year revenue growth in Q1FY27. Firm-wide turnover for the three months ended 30 June 2026 was up 3.2% at constant currency (FY26: -2.4%) against the same period in the prior year to $7.624bn. The quarter-on-quarter improvement was 0.4%. Q1FY27 operating and net margins eased down sequentially by 130 bps and 20 bps to 24% and 19.2% respectively.

Publish date: 10/07/2026 Author: Streams: PublicSectorViews About this report UK defence is experiencing a period of significant technological change as traditional boundaries between equipment procurement and software and IT services dissolve. This report highlights 24 disruptive and innovative Software and IT Services (SITS) suppliers currently active in the UK defence market.

The Department of Health and Social Care (DHSC) has published its 10 Year Capital Plan for Health and Social Care, setting out how the healthcare capital budget in England will rise to £15bn per year by 2029-30. It follows the 10 Year Health Plan for England, published in July 2025, which TechMarketView said was strong on digital vision but short on how that vision would be delivered (see 10 Year Health Plan for England: UK technology market implications).

UK companies overwhelmingly agree that scaling AI matters this year, with 93% of the 212 executives surveyed by EXL in its 2026 UK Enterprise AI Study rating it very or extremely important, and 44% reporting implementations have moved past the pilot stage. Yet the survey's central findings sit somewhat in contrast to that perspective.

TechMarketView has just released is two flagship reports. Make sure you don’t miss them. Market Trends & Forecasts 2026 This report consolidates TechMarketView’s latest forecast data and trends analysis for the UK software and IT services market. The report draws on a large number of data points and primary research interviews, with our industry and domain specialists working together to build the most comprehensive and reliable view of the market.

The Defence Investment Plan, published on 30 June, committed £298bn to UK defence over four years, with AI, autonomous systems and the Digital Targeting Web prominent among the digital commitments. The question is not whether the opportunity is real. It is. The question is which companies are positioned to capture it.