Because of shifting technologies, IT firms may lose outsourced contracts

Because of shifting technologies, IT firms may lose outsourced contracts

Transamerica terminated its 10-year, $2 billion deal with Tata Consultancy Services last week, two years earlier than scheduled. Indian IT firms face many challenges, including macroeconomic headwinds and emerging technologies such as Low Code and Generative AI. Transamerica terminated its 10-year, $2 billion deal with Tata Consultancy Services last week, two years before schedule. It […]

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