Infosys Risks $150 Million Annual Revenue Loss From Major Client Daimler Contract Reduction
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Infosys Risks $150 Million Annual Revenue Loss From Major Client Daimler Contract Reduction

Infosys faces a potential annual revenue loss of $150 million from a major client, Daimler, which is reducing its contract scope. This IT transformation deal, initially valued at $3.2 billion over eight years, covered services like IT procurement, cybersecurity, and workplace solutions. While the full impact on renewal is pending, experts suggest near-term revenue growth from Daimler is unlikely due to pricing pressures and a shift towards digital and core platform services.

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