IT firms turn to Australia as US market slows
amid muted growth in north America — the largest tech spender — top IT companies like TCS, Infosys and HCLTech have been increasingly focusing on Australia this year. They are winning not just BFSI, retail and government contracts, but also collaborating with sports bodies in the southern continent.While deals from Australia kept flowing through the year, top companies bagged back-to-back deals in the past two months. HCLTech this month was selected by the department of transport and planning in Victoria, Australia, to automate the concession entitlement process for public transport users.IT bellwether TCS signed a strategic partnership with Australian stock exchange operator ASX along with Accenture to overhaul the bourse’s trading clearing, and settlement system.