IT sector braces for impact of ‘missing’ small deals: Report

The Indian IT sector seems to be bracing for an impact of “missing” small deals in the ongoing financial year as major companies shift focus to larger deals.

Accenture CEO Julie Sweet recently pointed out that their clients were “kind of holding back on the small stuff and doing the bigger stuff”, according to a report by The Economic Times.

“So we’ve got to absolutely try to maximise the small deals,” Sweet said, adding that the company needed to see if the number of small deals picked up in the current quarter to be able to make any predictions about the year ahead.