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SaaS is beating the ‘SaaSpocalypse’! CLSA explains what AI means for Indian IT stocks

Posted on September 8, 2026
By Business News Today
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1 min read

In brief

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SaaS is beating the ‘SaaSpocalypse’! CLSA explains what AI means for Indian IT stocks

CLSA sees AI widening the gap between SaaS platforms and Indian IT services, favouring Persistent Systems and LTIMindtree. SaaS firms are gaining productivity, while system integrators face automation pressure. Both companies are adapting through deal growth, AI adoption and higher-value engineering work.