Monday, 17 June, 2024

IT Deal Sizes Reduce Due to Shorter Tenures and GenAI Efficiencies

IT deal sizes are shrinking as companies opt for shorter contract durations and leverage Generative AI efficiencies. The trend reflects a shift towards more flexible, cost-effective solutions in the IT sector, driven by rapid technological advancements and the need for agility. This change is influencing the way IT services are procured and delivered, emphasizing efficiency and adaptability in the market.