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IT outsourcing deals in Jan-Jun 2008 highest in decade
By    IANS
Wednesday, July 23, 2008
contract size in EMEA rather than a surge in the number of contracts. In fact, 10 of the 13 mega deals - contracts in which the TCV is $1 billion or greater - awarded in the first half of the year were awarded in EMEA, along with 16 of the 24 mega re
lationships - those contracts with an ACV of $100 million or more.
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Reader's comments(2)
1 sure its a clear indication that the IT industry is going through its peak
time.. But it needs to be seen how much of these deals would be real a currency
churner and currency creator in the whole IT scenario
Posted by: anand
2 It may be because of these highest number of deals and an ensued market surge
that has put the sector on a hard time. And workers like me are sitting under a
question mark hanging from the ceiling that whether to leave the company or
shift to some off-beat places, or as you may call it, tier II, III cities. I am
already asked to pack up for another location.
Posted by: Sivaram