AI Reshapes India's IT Services Sector Contracts as Clients Demand More for Less
TCS says about 80% of its finance and business services contracts now use outcome measures as clients demand 25% to 30% lower prices.
5 Articles
5 Articles
AI reshapes India’s IT services sector contracts as clients demand more for less
By Sai Ishwarbharath B, Abhirami G and Haripriya Suresh BENGALURU, August 21 (Reuters) - Artificial intelligence promised to disrupt India's IT industry and it is delivering. Outsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech a...
AI Reshapes India’s IT Services Industry
Artificial intelligence is rapidly changing India’s $315-billion IT services industry, pushing major outsourcing companies to rethink how they price and structure contracts. Firms such as TCS, Infosys, Wipro, HCLTech and Cognizant are increasingly shifting from traditional billable-hour models to contracts tied to measurable business outcomes. Clients are demanding lower costs, faster delivery and higher productivity, while some are also bringin…
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