SynopsisChief executive Sandeep Kalra said, "The expectation in the market is that using AI, you will be able to deflate the effort by 25% to 30%. And if the customers allow us to use the tools, we can really do it...It will increase over a period of time because as the tools mature, as people's capability matures, people will be able to use these tools."Mid-sized IT company Persistent Systems' top executive expects AI-led deflation in revenue to further increase from 25-30% as the technology tools and people's capabilities mature with higher adoption from larger clients.Chief executive Sandeep Kalra said, "The expectation in the market is that using AI, you will be able to deflate the effort by 25% to 30%. And if the customers allow us to use the tools, we can really do it...It will increaseNow Playing
AI to deflate IT revenue past 30%: Persistent CEO - The Economic Times
Chief executive Sandeep Kalra said, "The expectation in the market is that using AI, you will be able to deflate the effort by 25% to 30%. And if the customers allow us to use the tools, we can really do it...It will increase over a period of time because as the tools mature, as people's capability matures, people will be able to use these tools."
TL;DRAI
Persistent CEO predicts AI will cut IT effort by 25-30%, with further deflation as adoption scales and tools mature. IT services economics face compression—enterprise development budgets may shift from labor volume to AI tooling, reshaping outsourcing models.
138 words~1 min read
