New Delhi, March 10 -- Artificial Intelligence (AI) is no longer just an emerging technology; it has become a crucial factor for the growth of the IT services sector, according to a recent report by Centrum Institutional Research.

The report highlighted that IT companies integrating AI into their operations and services are more likely to achieve higher productivity, faster growth, and access to larger transformation deals as businesses increase their AI investments.

It said "The consensus among IT industry leaders is clear - AI is not optional, it's an imperative".

The report mentioned that the Indian IT sector has always adapted swiftly to new technological trends, such as cloud computing and digital transformation. Now, the industry...