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GenAI: Why IT service providers risk becoming irrelevant unless they change quickly

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GenAI is fundamentally altering the talent structure, revenue models, and strategic alliances of the IT sector, notes Ankita Pathak, Macro Strategist and Global Equities Fund Advisor at Ionic Asset.

Generative AI (GenAI) is no longer a futuristic experiment as it is rapidly restructuring the global IT services industry. From automating code and transforming customer service to displacing traditional outsourcing models, GenAI is a force that demands thoughtful reinvention. Therefore, IT service providers must either adapt quickly or stand the risk of…

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