VERIFIEDEconomic Times News·8 Sept 2026neutral

SaaS is beating ‘SaaSpocalypse’! CLSA on AI impact on IT stocks

AI Summary

·CLSA predicts AI will increase the divergence between SaaS platforms and Indian IT services.
·SaaS companies are experiencing productivity gains, while system integrators are facing automation challenges.
·Persistent Systems and LTIMindtree are adapting by focusing on deal growth, AI adoption, and high-value engineering.