SaaS is beating ‘SaaSpocalypse’! CLSA on AI impact on IT stocks
CLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are gaining productivity, while system integrators face automation pressure. Both companies are adapting through deal growth, AI adoption and higher-value engineering work.
We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.