AI Expected to Reduce Routine IT Project Costs by 25%

The CEO of Hexaware Technologies warns that artificial intelligence could significantly lower pricing for standard IT services, fundamentally altering labor-intensive tech sectors.

26 Aug, 01:30 — 26 Aug, 01:30

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bloombergHigh2h ago

AI Will Deflate Value of IT Work by Up to 25%, Hexaware CEO Says

AI could lower the price of routine IT projects by as much as 25%, the head of India’s Hexaware Technologies Ltd. said, highlighting the impact the technology will have on a sector known for labor-intensive tasks.

By Sankalp Phartiyal

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AI Expected to Reduce Routine IT Project Costs by 25%

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AI Will Deflate Value of IT Work by Up to 25%, Hexaware CEO Says

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