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'AI is a survival tool, not just for productivity'
Financial Express Chennai
|March 14, 2026
The AI disruption has rattled the global tech sector, with software and services stocks taking a sharp hit in recent months.
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VK Mathews, founder & chairman of IBS Software Services — an enterprise SaaS company whose clients include Emirates, Singapore Airlines, Lufthansa, and Delta, and which holds over 50% of the global air freight software market — speaks to Anees Hussain about what this means for Indian IT and his own business. Excerpts:
Software and services stocks have taken a beating globally. Is this the beginning of the end for Indian IT services?
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