AI can lower price of IT projects by up to 25%, says Hexaware CEO
Source: Business Standard· Bloomberg· August 26, 2026
SynaBot summary
The CEO of IT services firm Hexaware predicts AI integration will enable significant cost reductions in IT projects. He anticipates customers may seek fee decreases of up to 25% as AI boosts efficiency in project delivery.
Key takeaways
- AI integration expected to reduce IT project costs
- Customers may demand up to 25% lower fees
- Efficiency gains are driving potential price adjustments
- Impact on IT service provider business models
Why it matters
This suggests a potential shift in IT project pricing, where AI-driven efficiency could translate to direct savings for businesses. Users of AI tools should monitor how these cost benefits are passed on and how AI impacts project scopes and budgets.
This story was reported by Business Standard. Read the full original article:
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