Analyst take on IT’s AI deal trend
Addressing the key question of whether these deals are merely aimed at plugging capability gaps or can drive the next leg of innovation and revenue growth, Vinay Menon, Senior Research Analyst at Monarch Networth Capital, said Tier-1 IT services companies have been active on the M&A (mergers and acquisitions) front, with acquisitions providing greater growth visibility over the next three to five years.
