Analysis by Bain shows that these factors, however, also create fresh opportunities. (Photo: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The global technology services industry faces disruption, with artificial intelligence emerging as the biggest game-changer, according to Bain & Company’s latest report, The New Growth Equation for Tech Services. As per PTI the consultancy cautions that a business-as-usual approach could erode revenues by 30% or more, as economic nationalism, demographic shifts, and the energy transition reshape how providers operate and compete.

Yet, Bain notes these challenges also open new growth avenues in areas like data operations, systems modernisation, and chip design, PTI said.

Economic nationalism, aging population and the energy

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