Wipro CEO Srinivas “Srini” Pallia said Indian IT services are seeing higher demand as companies move from small AI experiments to large-scale implementations, speaking at the World Economic Forum in Davos.
Wipro is bidding for both major and minor AI projects as clients adopt technology at different paces. Despite some pricing pressures due to faster deliveries with smaller teams, Pallia expects AI-driven cost savings to encourage more projects.
While overall tech budgets may remain stable, spending is increasingly focused on AI and efficient IT services. Wipro has invested $1 billion to enhance its AI offerings.