AI-driven pricing pressure, cost cuts reshape India IT outlook: Report
India's IT sector faces pricing pressure and cost cuts due to AI adoption, while new demand opportunities emerge, according to a Kotak report.
Read on Economic Times Tech →Gamma has launched Gamma Imagine, an AI-powered image generation tool designed to compete with established platforms like Canva and Adobe, allowing users to create brand-specific visual assets from text prompts.
Why it matters
This development signifies the increasing integration of generative AI into mainstream creative tools. By offering AI-powered image generation, Gamma aims to democratize content creation and provide users with a more efficient way to produce branded visual assets, potentially disrupting the market dominated by traditional design software.
Gamma has added a new feature called Gamma Imagine that uses AI to create images and graphics based on your text descriptions. This tool is meant to help people make professional-looking visuals for their brands more easily, competing with popular design software.
India's IT sector faces pricing pressure and cost cuts due to AI adoption, while new demand opportunities emerge, according to a Kotak report.
Read on Economic Times Tech →SIS Ltd, a security and facility management firm, aims for Rs 20,000 crore revenue by FY27 and plans to significantly expand its workforce by 2030, leveraging AI for improved customer service and operational efficiency.
Read on Economic Times Tech →TechCrunch reviews and ranks the best AI-powered dictation applications.
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