$1.5-trillion tech services industry is still standing: Infosys CEO Salil Parekh

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The tech services industry, valued at $1.5 trillion globally, is far from being destroyed, Infosys CEO Salil Parekhtold Surabhi Agarwal and Sruthijith KK in an interview on the sidelines of the India AI Impact Summit. While there is compression in some parts of the tech services business due to AI, the growth opportunity is also significant, he said. Edited excerpts:

When an industry veteran like Vinod Khosla makes a dramatic statement that, in five years or less, such a pivotal industry is going to be decimated, what is your response?

I have not…



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$1.5-trillion tech services industry is still standing: Infosys CEO Salil Parekh



The tech services industry, valued at $1.5 trillion globally, is far from being destroyed, Infosys CEO Salil Parekhtold Surabhi Agarwal and Sruthijith KK in an interview on the sidelines of the India AI Impact Summit. While there is compression in some parts of the tech services business due to AI, the growth opportunity is also significant, he said. Edited excerpts:

When an industry veteran like Vinod Khosla makes a dramatic statement that, in five years or less, such a pivotal industry is going to be decimated, what is your response?

I have not…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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