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GenAl shadow over IT Inc.’s app, client support biz
December 09, 2024
|Hindustan Times
Generative AI that stormed the technology world with the launch of ChatGPT two years ago may be about to make its mark on India's $254 billion IT services industry.
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The industry will see pricing pressure beginning next year as contracts heavy on coding and phone support come up for renewal, multiple analysts and industry executives said. The first to take the hit will be the businesses of making and maintaining software apps, and providing customer support.
The two businesses-applications development and management (ADM) and business process outsourcing (BPO) fetch an estimated 40% of the industry's revenue.
هذه القصة من طبعة December 09, 2024 من Hindustan Times.
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المزيد من القصص من Hindustan Times
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