Large deal flow continues unabated with IT majors like Tata Consultancy Services (TCS) and Infosys bagging multi-year outsourcing contracts in recent weeks.
“Large deal pipelines are full, however, predicting the timing of their closing is becoming increasingly difficult. That said it seems likely that we will continue to see a steady flow of large deals for the next 2-3 quarters, with the impact on revenues delayed as they take time to scale,” Peter Bendor Samuel, CEO of Everest Group, told Bizz Buzz.