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Indian IT Faces Its Kodak Moment
An anonymous reader shares a report: Generative AI offers remarkable efficiency gains while presenting a profound challenge for the global IT services industry -- a sector concentrated in India and central to its export economy. For decades, Indian technology firms thrived by deploying their engin...
An anonymous reader shares a report: Generative AI offers remarkable efficiency gains while presenting a profound challenge for the global IT services industry-- a sector concentrated in India and central to its export economy. For decades, Indian technology firms thrived by deploying their engineering talent to serve primarily Western clients. JPMorgan's conversations with executives, deal advisors and consultants across India's technology hubs reveal growing concern -- AI-driven efficiencies are fuelling pricing pressures.
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