MSFT, AAPL, GOOGL: Generative A.I. Will Be Net Positives For Tech Services Companies

Tech implementations are supported by services firms who offer expertise and bandwidth at scale, notes Sidhant Rastogi. He discusses trends to watch in tech service industry. He talks about how lower inflation, better GDP in Europe, and the push from new generative A.I. adoption will be net positives for tech services companies. He goes over how companies are not letting go of talent since tech implementation is imperative and we are seeing delays in project signoffs, slow ramp up of signed contracts, and pricing pressure. He expects this to continue until at least the end of the year. He also outlines Zinnov's tech services research which predicts 18% growth in digital engineering over the next 4 years to $1.5T. He then highlights names that are leaders in software development including Microsoft (MSFT), Apple (AAPL), and Alphabet (GOOGL). Finally, he mentions how companies are implementing generative A.I. technologies, as well as the rapid growth in digital engineering. Tune in to fi