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IT’s deals spree masks vendor consolidation

Mint Kolkata

|

January 26, 2026

Fortune companies are now reducing the number of their IT vendors.

IT’s deals spree masks vendor consolidation

sey-based IT outsourcer, primarily staffed in India, will manage the pharma giant's Al-led services, data and application management.

In October, India’s second-largest IT firm Infosys won a 15-year IT modernization contract worth $1.6 billion with the NHS, the UK’s national healthcare provider.

Earlier, Cognizant bagged two mega deals in the April-June 2025 period: one IT infrastructure contract from United Health Group spanning an average of five years, and another deal from an unnamed client. Mid-sized softwareservices firm Coforge Ltd also clinched a $1.56 billion contract, its largest, in March last year.

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