For India's IT giants TCS and Infosys, artificial intelligence hurts and supports growth For India's leading information technology companies, the latest round of earnings is cause for hope and continued caution amid the spread of artificial intelligence, analysts say. Deploying technology over legacy software systems is driving growth in high-margin contracts, but at the same time AI-led productivity gains are squeezing revenue in traditional sectors.

For India's IT giants TCS and Infosys, artificial intelligence hurts and supports growth For India's leading information technology companies, the latest round of earnings is cause for hope and continued caution amid the spread of artificial intelligence, analysts say. Deploying technology over legacy software systems is driving growth in high-margin contracts, but at the same time AI-led productivity gains are squeezing revenue in traditional sectors.