GenAI could generate savings of 20-40% in the software development lifecycle. Axis Capital’s institutional research sees no risk to tech spends with these savings being ploughed back into innovative tech for better business, according to a recent report, GenAI: Millennial Shapeshifter to Transform Services, by Manik Taneja, Saksham Savernya and Rohit Thorat. In a broader discussion on the outlook for 2025, the authors maintain that global techs offer better risk-reward relative to India peers.
Spotlight
GenAI impact
Outlook 2025
Highlights
AI-led efficiency gains across tech functions are real and measurable
Breakthroughs diffuse slowly; IT spends to stay, Services-as-a-Software next?
Outlook 2025: Global techs to ride the return of growth in CY25/FY26E
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