{"id":956188,"date":"2025-08-20T07:21:53","date_gmt":"2025-08-20T01:51:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=956188"},"modified":"2025-08-20T07:29:06","modified_gmt":"2025-08-20T01:59:06","slug":"ai-impact-big-discounts-in-it-deals-hurt-but-tech-spend-set-to-rise-says-coforge-ceo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/20\/ai-impact-big-discounts-in-it-deals-hurt-but-tech-spend-set-to-rise-says-coforge-ceo\/","title":{"rendered":"AI Impact: Big discounts in IT deals hurt, but tech spend set to rise, says Coforge CEO"},"content":{"rendered":"<p>Major clients renewing IT contracts at 30-50% lower rates, citing increasing use of artificial intelligence (AI), is deflationary for the outsourcing industry, Coforge chief executive Sudhir Singh said. At the same time, however, technology spends on transformational projects are on the rise, he told ET in an interview. <\/p>\n<p>\u201cEvery time there is a disruptive technology, tech spend as an aggregate always increases,\u201d Singh said, adding that Coforge aims to capitalise on that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major clients renewing IT contracts at 30-50% lower rates, citing increasing use of artificial intelligence (AI), is deflationary for the outsourcing industry, Coforge chief executive Sudhir Singh said. At the same time, however, technology spends on transformational projects are on the rise, he told ET in an interview. \u201cEvery time there is a disruptive technology, tech spend as an aggregate always increases,\u201d Singh said, adding that Coforge aims to capitalise on that.<\/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":[59,4,10],"tags":[],"class_list":["post-956188","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956188","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=956188"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/956188\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=956188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=956188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=956188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}