IT’s Europe deal momentum is up after three slow quarters

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As the largest technology outsourcing market — the US — navigates through the trade and policy uncertainties, deal activity has seen increased traction from Europe after three slow quarters.

IT industry analysts have seen an approximately 5% rise in European deals from the previous quarter even as the US market remained flat at 2% growth, as per US-based research firm HFS Group.

Publicly India’s largest IT giant Tata Consultancy Services (TCS) alone signed at least six deals in Europe since March — telecom tower operator Vantage Towers,…



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IT’s Europe deal momentum is up after three slow quarters


As the largest technology outsourcing market — the US — navigates through the trade and policy uncertainties, deal activity has seen increased traction from Europe after three slow quarters.

IT industry analysts have seen an approximately 5% rise in European deals from the previous quarter even as the US market remained flat at 2% growth, as per US-based research firm HFS Group.

Publicly India’s largest IT giant Tata Consultancy Services (TCS) alone signed at least six deals in Europe since March — telecom tower operator Vantage Towers,…



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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