Indian IT majors likely to face 2–3% annual revenue deflation
AI-led deflation is likely to compress legacy IT revenues by 2–3% annually over the next 1–2 years, according to the report.
Despite an uptick in Ai-related earnings.... Beena Parmar Bengaluru: Artificial Intelligence (AI)-led deflation is likely to continue compressing 2-3% annually in legacy IT revenues over next 1-2 years for the $300 billion industry, even as some of the company chiefs see productivity headwinds behi…