Infosys is front-runner for $1.5 billion Pfizer deal

BENGALURU: Infosys has emerged as the front-runner for a $1.5 billion Pfizer IT outsourcing deal, sources close to the development told TOI. The company is said to be in the last few laps of negotiation, and if it wins, it will add a significant amount to the existing large deals TCV (total contract value) of nearly $12 billion it won in the last nine months. With one more quarter of order bookings left before it closes the financial year, Infosys’s TCV for 2020-21 is expected to touch a historic high.

TCS is also in the race for the mega contract. Pfizer is looking to leverage solutions for digital transformation and modernising the application stack, sources told TOI.