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Coronavirus scare: IT firms stare at delay in bagging large contracts

According to outsourcing advisory experts, severe restrictions on the mobility of human resources as well as the likely delay in decision making by the clients are seen as the key reasons

Debasis Mohapatra  |  Bengaluru 

Winning of large deals and their execution by IT services firms are likely to face delay in the first half of this year due to the outbreak of coronavirus. According to outsourcing advisory experts, severe restrictions on the mobility of human resources as well as the likely delay in decision making by the clients are seen as the key reasons. “Larger transformation deals take a lot of time for execution and focus.

Due to coronavirus, it is clear that the teams are going to be distracted for at least the next quarter. Hence, these big deals, which are increasingly ...

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First Published: Sun, March 08 2020. 22:37 IST
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