Indian IT’s mega deals spike on AI push, but there’s not much to celebrate yet
In October-December, Cognizant Technology Solutions Corp, Tata Consultancy Services Ltd and Infosys reported three mega deals combined, the most in nine quarters, according to their earnings filings. These involve deploying artificial intelligence (AI) tools to transform clients’ legacy information technology (IT) infrastructure. Yet, Fortune companies are reducing the number of IT vendors they work with…