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AI revenue should offset traditional services deflation: TCS CEO K Krithivasan

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AI revenue should offset traditional services deflation: TCS CEO K Krithivasan

Business News Tech IT AI revenue should offset traditional services deflation: TCS CEO K Krithivasan

Client spending may not go up, but TCS sees opportunity in tech modernisation

About 50% of AI-led deflation has already been sustained by $30 billion Tata Consultancy Services (TCS) and another half may take place over the next 18 months or so, chief executive K Krithivasan told Shristi Achar & Surabhi Agarwal in an interview. Due to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking on customers spending on AI and modernisation. AI

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