{"id":868262,"date":"2024-10-19T11:31:59","date_gmt":"2024-10-19T06:01:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=868262"},"modified":"2024-10-19T11:44:06","modified_gmt":"2024-10-19T06:14:06","slug":"mphasis-seeing-surge-in-1-10-million-deals-ceo-nitin-rakesh","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/19\/mphasis-seeing-surge-in-1-10-million-deals-ceo-nitin-rakesh\/","title":{"rendered":"Mphasis seeing surge in $1-$10 million deals: CEO Nitin Rakesh"},"content":{"rendered":"<p>Mid-tier IT firm Mphasis is seeing a high inflow of deals valued between $1-10 million, Nitin Rakesh, CEO of the company told FE. \u201cWe have seen $1-10 million deal activity burst. And even this (September) quarter, the pickup in small deal volume, which typically is 0-1 year consumption, is really what\u2019s driving the overall TCV (total contract value) number,\u201d he said.<\/p>\n<p>The company\u2019s revenue contribution from $1 million clients rose by five to 140 in the September and those of $5 million increased by three to 51.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mid-tier IT firm Mphasis is seeing a high inflow of deals valued between $1-10 million, Nitin Rakesh, CEO of the company told FE. \u201cWe have seen $1-10 million deal activity burst. And even this (September) quarter, the pickup in small deal volume, which typically is 0-1 year consumption, is really what\u2019s driving the overall TCV (total contract value) number,\u201d he said. The company\u2019s revenue contribution from $1 million clients rose by five to 140 in the September and those of $5 million increased by three to 51.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-868262","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=868262"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/868262\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=868262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=868262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=868262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}