IBM Stock Sees Sharpest Drop Since 2000
Shares of IBM recorded their steepest single-day decline in more than 25 years on February 24, after fresh concerns emerged over how artificial intelligence could disrupt one of the company’s most stable revenue streams.The stock tumbled 13.2 per cent to...
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artificial intelligence
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cobol
enterprise software
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ibm
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mainframe business
programming languages
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Indian IT Sector at a Critical Inflection Point Amid AI Disruption
Mumbai, February 24: Amid rising concerns over job security and the long term relevance of India’s nearly USD 300 billion IT services sector, HCLTech Managing Director and Chief Executive Officer C Vijayakumar said the ongoing...
artificial intelligence (ai)
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cobol
digital transformation
hcl technologies
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india it sector
industry trends
it services
mainframe computing
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saas (software as a service)
software development
tech layoffs
