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'AI is a survival tool, not just for productivity'

Financial Express Kochi

March 14, 2026

The AI disruption has rattled the global tech sector, with software and services stocks taking a sharp hit in recent months.

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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