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AI drives price cuts of up to 40% in some long-term IT deals: CLSA

AI-driven pricing pressure is proving severe for IT services companies, with deflation of 10-15% in large deals and as much as 30-40% in some three-to-five-year contracts, says Sumeet Jain, Senior Research Analyst at CLSA India. He estimates that this could translate into a 2-4% net deflation impac…

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