TCS, Wipro turn to mid-market clients as AI erodes demand from large customers
India, Oct. 22 -- Big IT is going small: Tata Consultancy Services Ltd (TCS) and Wipro Ltd are turning to mid-sized clients as artificial intelligence (AI) erodes demand from their Fortune 500 customers, setting the stage for a margin-sapping price war with mid-tier rivals that have long focused on clients with annual revenue of less than $5 billion.
TCS, India's largest information technology (IT) services provider, is looking to sell its offerings to governments, while Wipro, the country's fourth-largest IT services firm, is targeting smaller companies undertaking broader AI-led technology transformations to grow its business.
With this, TCS and Wipro join Accenture Plc, Cognizant Technology Solutions Corp. and HCL Technologies Ltd in sha...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.