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Nirmal Bang Report
Over the last few days and months, we have had a number of large deals announced by tier-I Indian IT services players.
Interestingly many of these deals are with Europe centric organisations.
We could be at the cusp of many such deals over the next 12-18 months as customers accelerate and compress their digital transformations due to the impact the pandemic has had on their businesses.
Many such transformations involve transfer of customers’ internal IT teams as well as infrastructure (both of which may be legacy in our view).
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