AI boom changing IT deal pricing model: LTIMindtree top executive

Software services providers are seeing a change in the pricing model of their deals due to higher artificial intelligence (AI) adoption, and companies are seeking multiple price points to maintain profitability, said a top executive at LTIMindtree. “Most of this vendor consolidation is going to be assisted with AI adoption. It’s not just about economies of scale that they leveraged, which used to happen before… you add more volume, get more discount,” said Venugopal Lambu, chief executive designate for India’s six-biggest outsourcing company.

…