will likely occur at the time of renewals when there is generally pricing pressure on IT services contracts and generative AI could add even more pressure," he said in the note. However, a second set of analysts said GenAI will not be deflationary and that cost savings by clients will not result in lesser business for IT service companies.
"In our view, AI technology will serve as a competitive advantage to create new business opportunities and operating models," said Axis Capital analysts Manik Taneja, Sak-sham Savernya, and Rohit Thorat in a note dated 10 December.
Esta historia es de la edición January 01, 2025 de Mint Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición January 01, 2025 de Mint Kolkata.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Trump 2.0: The rest of the world will have to adapt in various ways
Trump may spring surprises but there exists a broad outline that other policymakers could go by
Health tech centres can help assess optimal use of resources
Centres to evaluate the science, finance, social & ethical issues of new health tech
Trump Out Of Paris Pact Hurts: Experts
Experts said the developed world may find it tough to plug the gap after withdrawal of US from the Paris Agreement
A smart alarm clock that works as it should. Is it enough?
With its neat design and touchscreen display, the Echo Spot is a handy device. But it is 2025, and we need more
Mahindra to go green, 30% EVs by 2030
Mahindra & Mahindra Ltd aims to make more than a quarter of its portfolio electric by 2030 as India's number two automobile company by market value takes on local and global rivals bolstering their EV line-up in the fast growing segment.
EU wants to upgrade strategic partnership with India
European Commission president Ursula von der Leyen on Tuesday said the first trip of her new Commission will be to India as she wants to upgrade the strategic partnership with \"the largest country and democracy\" of the world.
'IT sector's talent model to change'
Infosys expects the way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer (CTO) said in an interview.
Tata Tech Beats Q3 Profit View
Tata Technologies reported a bigger-than-expected third-quarter profit, aided by improved demand in its services and technology segments.
AI at the Maha Kumbh, and in longevity science
Innovative uses of AI in the past week, and a bad slip-up in news sharing
Inside the Big, Fat Maha Kumbh Economy
The spiritual congregation is expected to generate financial transactions worth billions of dollars
