With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
Firm's dented image following Sikka's exit could bring down revenues in the margin rich US market and force Infy to hire fewer Americans, as hiring locals in developed markets comes at a cost.
Software services industry may have to relook its cost structure to maintain a higher margin.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
Gopinathan is aware of the challenges and opportunities that lie ahead.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
