Sunday, April 27, 2025

IT grapples with 20%+ drop in deal pricing on macro, AI impact

This scenario is expected to sustain leading IT firms to sharpen focus on cost efficiencies and vendor consolidation amid continued slowdown in technology spends by most corporate clients, analysts said. After Covid's strong growth period, the over-$280 billion technology services outsourcing industry has seen projects tilt towards cost takeout and vendor consolidation.

from Tech-Economic Times
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