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Infy responded by cutting its head count and shifting some of its strategy to other markets outside of its core, such as business processing.
FORBES: India's Infosys Staging A Comeback
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Our technology industry component covers 11 six-digit NAICS sectors covering information industries such as software publishing, Internet publishing, data processing, and tech-related business services such as computer systems design, custom programming, engineering services, and research and development.
FORBES: Methodology For Forbes' Best Cities For Tech Jobs List
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The basis of competition will shift to other aspects of the business, such as customer relationships, claims processing, expense management and distribution.
FORBES: Will Auto Insurers Survive Their Collision with Driverless Cars? (Part 6)