Cognizant CFO: AI Pressures IT Spending, but BFSI Growth Stays Strong
Cognizant Technology Solutions (NASDAQ:CTSH) CFO Jatin Dalal said the IT services industry’s prolonged period of slow growth reflects both secular pressures from artificial intelligence and a broader lack of discretionary spending across several end markets. Speaking at a Citi fireside chat hosted by IT services analyst Bryan Keane, Dalal said banking, financial services and insurance […]
13 Sep 17:02 · The Markets Daily