IT companies likely to see 2-3% AI led deflation over the next 1-2 years

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 21 Oct, 10:41 UTC

The rise of artificial intelligence is anticipated to contribute to ongoing revenue challenges within the IT services sector. Leading firms such as Tata Consultancy Services and Wipro have begun to adapt their revenue models. While some leaders believe AI-related growth may soon balance out…

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Sources

• T1IT companies likely to see 2-3% AI led deflation over the next 1-2 yearsEconomic Times — Tech / Technology / Startups / ETTelecom21 Oct, 10:41