IT companies log strong deal wins in Q2 after a long lull

Experts said demand is coming back even though at a slower pace with smaller-sized and tenured deals. There are also some transformative deals. "The turnaround of the services industry has got delayed. Though there are not many tailwinds, some deals of meaningful sizes have got signed, which can influence revenue for 2025 for specific providers," said Yugal Joshi, partner at IT outsourcing consultancy Everest Group.
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