Larsen & Toubro Infotech competes with global peers amid reduced deal sizes
Synopsis
L&T will move offshore as remote working becomes mainstream, CEO and MD Sanjay Jalona said. The proportion of LTI’s onsite workforce stands at 21% of total delivery, from about 24% three years ago.
Mumbai: LTI (Larsen & Toubro Infotech) has been able to pitch its services to more clients and compete head on with bigger Indian and global peers as large deal sizes have shrunk to around $50-$100 million, its top executive said.“Given that the deal sizes have reduced, our ability to compete for the largest contract is also there…With the advent of Cloud, the deal sizes have come to $50-$100 million. LTI also has this balance sheet,” CEO and
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