Mid-tier IT firms see sweet spot in $10-50 million deals
The Covid-19 pandemic has meant that demand for online services will require organisations to reimagine their business models.
Synopsis
Zensar, Mindtree, Persistent Systems and other mid-sized software services firms said there were many such deals on offer even as large deals are fewer.
Mid-tier IT services providers are eyeing small-ticket deals in the $10 million to $50 million range, as clients look for faster digital transformation projects to go online quickly, and niche digital technology focused services.Zensar, Mindtree, Persistent Systems and other mid-sized software services firms said there were many such deals on offer even as large deals are fewer.Some companies said this was the “sweet spot” at a time when