New Delhi, March 23 -- The demand environment for IT services is stable rather than sharply improving, according to Accenture. Clients continue to prioritize large, strategic transformation programs with spending trends similar to 2025, said the global IT giant, which competes with tier-I Indian technology companies in outsourcing business and is often seen as an indicator of future prospects.

Accenture's managed services (outsourcing) constant currency (CC) revenue increased 5% year-on-year in Q2FY26, outpacing the consulting business, the company told investors in its earnings call for the quarter ended February (Q2FY26)-Accenture follows a September to August financial year.

Sequentially, managed services growth moderated with soften...