COVID-19 Crisis: $30-Billion Headache for IT Companies | In the News

According to outsourcing advisors and experts, while almost half of the deals are likely to see delay, the others are expected to be renewed at a lower price as enterprises ask for discounts in roll-over contracts.

“This suggests that we could be looking at a strong third and fourth quarter for those firms who provide cost savings as a result of their services,” said Peter Bendor-Samuel, founder and CEO of outsourcing advisory firm Everest Group.

Read more on Rediff.com

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