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IT’s Europe deal momentum is up after three slow quarters

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As the largest technology outsourcing market — the US — navigates through the trade and policy uncertainties, deal activity has seen increased traction from Europe after three slow quarters.

IT industry analysts have seen an approximately 5% rise in European deals from the previous quarter even as the US market remained flat at 2% growth, as per US-based research firm HFS Group.

Publicly India’s largest IT giant Tata Consultancy Services (TCS) alone signed at least six deals in Europe since March — telecom tower operator Vantage Towers,…

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