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AI-led pricing pressure to keep IT growth weak; worst yet to come: Fractal Analytics’ Velamakanni

AI-led pricing pressure is set to keep growth in the IT services sector subdued over the next 12–18 months, with the worst phase of contraction still ahead, according to Srikanth Velamakanni, Co-Founder & Executive VC at Fractal Analytics. Speaking to CNBC-TV18, Velamakanni said the industry is already witnessing the early impact of artificial intelligence-driven disruption, … Read more

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