Gen AI to unlock a ‘mammoth incremental opportunity' for IT sector
The Sunday Guardian|September 08, 2024
The generative AI provides more opportunity to the Indian IT sector contrary to the believe of being a threat, highlighted a report by Nuvama Wealth Management.
Gen AI to unlock a ‘mammoth incremental opportunity' for IT sector

The report noted that although AI technology may initially disrupt the sector, especially in terms of business operations and billing models, the long-term benefits far outweigh the risks.

"We, on the contrary, expect the Indian IT industry to come out stronger from the Gen AI-led disruption. We dig deep into various facets of Gen AI adoption for enterprises and find that Gen AI would create a mammoth incremental opportunity for Indian IT services," said the report.

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