AI Won’t Kill IT Services, Will Create More Work: JP Morgan

AI won’t kill IT services, will create more work: JP Morgan

New Delhi: Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan’s Asia Pacific Equity Research team.   Instead of shrinking the industry, artificial intelligence (AI) is expected to become another tool that helps companies deliver more work within the same budgets. In a note titled “India IT Services: Looking through the AI fog 2 — Discounted for extinction? Div/FCF yields…

AI won’t kill Indian IT: JPMorgan calls market ‘extinction’ fears overstated

'Discounted for extinction?' JPMorgan declares India's IT sector is in 'Deep Value' territory as dividend yields hit GFC and COVID-19 crisis levels.

AI won’t kill IT firms, may boost demand: JP Morgan

Morgan said fears of artificial intelligence hurting Indian IT revenues are overstated, noting AI cannot replace the complex integration and customisation work IT firms perform and is more likely to serve as a productivity tool for the industry

AI Won’t Kill IT Services, Will Create More Work: JP Morgan Report

New Delhi (IANS): Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, says a new report by JP Morgan’s Asia Pacific Equity Research team. Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more work within the same budgets. In a note titled “India IT Services: Looking through the AI fog 2 — Discounted for extinction? Div/FCF yields at crisis levels,” JP Morgan…

AI won’t kill IT services, will create more work: JP Morgan - tennews.in: National News Portal

New Delhi, Feb 14 (IANS) Artificial intelligence (AI) is unlikely to replace IT services companies anytime soon, according to a new report by JP Morgan’s Asia Pacific Equity Research team. Instead of shrinking the industry, AI is expected to become another tool that helps companies deliver more work within the same budgets. In a note […] The post AI won’t kill IT services, will create more work: JP Morgan appeared first on tennews.in: National N…

Plumbers of the tech world! JP Morgan hunts deep value in India's IT bloodbath as stocks hit multi-year lows

Menu Account Indian Stocks Algo Trading Stock Portfolio (PMS) Commodity Forex Unlisted Shares Physical to Demat Mutual Fund USA Stocks ₿ Crypto Bonds Fixed Deposit Real Estate Training Videos Equity Training Upstox Demo Intraday Demo MF Demo India’s software giants may be getting priced for extinction, but JP Morgan has a message for panic-stricken investors: IT services firms are the indispensable “plumbers of the tech world,”…