IT grapples with more than 20% drop in deal pricing on macro, AI impact

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India’s top software services exporters are facing a more than 20% drop in final client rates so far this year as elevated caution, tariff-led inflationary pressures and economic uncertainties dent pricing of IT projects, multiple analysts told ET. This scenario is expected to sustain leading IT firms to sharpen focus on cost efficiencies and vendor consolidation amid continued slowdown in technology spends by most corporate clients, the analysts said.

“We are seeing pricing drops as high as 20% in some competitive situations. It is impacting all…



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IT grapples with more than 20% drop in deal pricing on macro, AI impact


India’s top software services exporters are facing a more than 20% drop in final client rates so far this year as elevated caution, tariff-led inflationary pressures and economic uncertainties dent pricing of IT projects, multiple analysts told ET. This scenario is expected to sustain leading IT firms to sharpen focus on cost efficiencies and vendor consolidation amid continued slowdown in technology spends by most corporate clients, the analysts said.

“We are seeing pricing drops as high as 20% in some competitive situations. It is impacting all…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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