HCL Technologies has secured a $2.1 billion agreement, with Verizon Business to provide managed network services. This deal is expected to have an impact on revenue for the six years starting from November 2023.

On Monday, Cognizant made an announcement that it was extending its IT service agreement with Gilead Sciences for an additional $800 million in estimated value over the following five years, continuing the current pattern of software giants landing huge deals.

HCL Tech surprises the industry by acquiring ASAP Group, a renowned German automotive engineering services provider for a staggering €251 million. This unexpected collaboration seeks to expand ASAPs cutting-edge automotive technologies on a global scale reinforcing HCLTechs dedication to Germany. With great enthusiasm, both companies eagerly look forward to offering top-notch solutions to the worldwide automotive sector.

Wipro ai360 represents Wipro’s commitment to an AI-centric ecosystem that seamlessly incorporates AI technology in all its platforms and client solutions. To achieve this Wipro has earmarked a significant $1

Tata Consultancy Services (TCS) is a renowned global technology company and an esteemed member of the Tata Group, which is one of India’s largest and most esteemed business conglomerates. Established in 1968 by Fakir Chand Kohli, an Indian IT pioneer, TCS started as a modest software consulting firm but has since experienced remarkable growth, both domestically and internationally. Today, it stands as a leading provider of IT services, consulting, and business solutions across various industries.

Standard Life International DAC (SLIDAC), a division of the Phoenix Group, and Tata Consultancy Services (TCS) declared on June 26 that they will work together to improve the customer experience for policyholders in Europe and the operational model of the latter.

With regard to compensation and work-life balance, tech workers are displaying a change in patterns. Hundreds of thousands of workers lost their employment as a result of mass layoffs at internet corporations.

The use of remote working has been encouraged by major IT Firms. Employees at Tata Consultancy Services (TCS) and Infosys have just received emails announcing the commencement of office hours. A hybrid working paradigm has also been encouraged by other Indian IT firms like HCL Tech and Wipro.

Accenture plans to spend $3 billion on data and artificial intelligence over the next three years. Global professional services provider Accenture has industry-leading expertise in digital, security, and cloud. combining unrivaled expertise and specialized knowledge in the areas of Interactive, Technology, Strategy, and Operations services. 

During the fiscal year 2023, the top four 4 IT Companies Saw A 40% Decline in the addition of major clients. The difficulties these businesses confront in growing their customer