LayoffBlog.com

February 4, 2009

India: IT vendors set to grow lean as contracts assume a fixed price

Filed under: India,IT,IT consulting,outsourcing,US — DF @ 5:35 pm
Tags: ,

According to IndiaTimes: “CHENNAI: The last quarter has seen IT service providers facing requests from clients to restructure their relationship contracts as well as statement of work. Some clients have sought a discount in pricing in return for assurance of projects for a given time period. A recent report from Zinnov management consulting has indicated that tier II vendors have had to offer 25% discount on pricing to obtain commitment from their clients through the year 2009.”

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