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The average deal size for information technology (IT) service providers in India and globally has shrunk to as low as $25 million over the last few years, according to analysts. This is on account of macroeconomic headwinds and the disruption caused by generative artificial intelligence (GenAI), which are pushing clients to seek greater cost efficiencies, they said.Although the number of large and mega deal wins has risen in FY23, analysts said
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.
The average deal size for information technology (IT) service providers in India and globally has shrunk to as low as $25 million over the last few years, according to analysts. This is on account of macroeconomic headwinds and the disruption caused by generative artificial intelligence (GenAI), which are pushing clients to seek greater cost efficiencies, they said.Although the number of large and mega deal wins has risen in FY23, analysts said
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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