AI-led IT deals still forms small chunk despite hype: Zensar CEO
Hold your digital horses, folks! While the tech world is ablaze with proclamations of an AI revolution, Zensar's CEO is here to pour a refreshing, if slightly sobering, glass of reality. It turns out that despite all the algorithmic fanfare and futuristic projections, the actual money-making AI deals are still just a tiny, albeit highly profitable, side hustle for most IT firms. It's like everyone's raving about the metaverse while still happily paying for cable TV – the future is coming, but the present is still delightfully analog in its revenue streams.
Indeed, Zensar Technologies candidly admits that while AI-driven deals are growing and boast higher profitability margins, they currently constitute only a small fraction of their overall IT business. Approximately 20% of their order bookings are classified as 'AI-influenced,' signifying a nod to the trend rather than a complete embrace, as traditional IT projects continue to form the dominant revenue base. The company, however, isn't blind to the horizon, aiming strategically to transform into an 'AI-first' enterprise, signaling a gradual, rather than immediate, shift in its operational core.
