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☆ No one can agree on whether remote work is making employees more productive
▼ + stars: | 2023-08-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A report from Goldman Sachs shows studies on remote work have had different conclusions. Results from different research studies don't seem to agree on what remote working means for productivity, a recent report from Goldman Sachs shows. AdvertisementAdvertisementThe different research cited in the report had different study designs. call centers) tended to find positive impacts of remote work," the report said. As studies examine the productivity gains — or losses — of remote work, people have been asked to make the trip back to the office.

Persons: Goldman Sachs, Jose Maria Barrero, Nicholas Bloom, Steven J, Davis, Grace Lordan Organizations: Service, London School of Economics Locations: Wall, Silicon

Export control laws restrict companies from sharing sensitive information and technology with certain individuals from other countries. Rebecca Bernhard, a Minneapolis-based labor lawyer who represents companies, said employers subject to export control laws often ignore the ban on citizenship-based bias in the federal Immigration and Nationality Act (INA), exposing them to legal action. Out of more than 10,000 hires, SpaceX only hired one asylee during that period, according to the lawsuit. The DOJ did not directly cite its guidance in the SpaceX lawsuit, but used nearly identical language to describe the company's alleged violations. "Export control laws and regulations do not prohibit or restrict employers from hiring asylees and refugees; those laws treat asylees and refugees just like U.S. citizens," the department said.

Persons: Dado Ruvic, Elon Musk, Rebecca Bernhard, Bernhard, aslyees, Musk, asylees, Daniel Wiessner, Amy Stevens, Deepa Babington Organizations: SpaceX, Elon, REUTERS, Space Exploration Technologies, U.S . Department of Justice, DOJ, General Motors Co, Immigration, INA, Justice Department, Companies, Thomson Locations: Minneapolis, U.S, United States, Albany , New York

☆ Belgium's Econocom confirms cyber attack, no sensitive data disclosed
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: 1 min

Aug 24 (Reuters) - Belgian IT services firm Econocom (ECONB.BR) on Thursday confirmed it is investigating a cyber attack it believes originated from a service provider working with some of its clients in France. Econocom says no systems or sensitive data were affected by the attack, about which it first raised the alert on Wednesday. Reporting by Pierre John FelcenlobenOur Standards: The Thomson Reuters Trust Principles.

Persons: Econocom, Pierre John Felcenloben Organizations: Belgian IT, Thomson Locations: Belgian, France

☆ Top Morningstar strategist tells investors to sell these 6 'overvalued' stocks — and names 5 to buy
▼ + stars: | 2023-08-16 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Despite last week's selloff, the strong rally this year means U.S. markets are now trading at only a small discount compared with the start of the year, says top Morningstar strategist Dave Sekera. He named six such stocks: Nvidia , Tesla , Oracle , Netflix , Apple , and Eli Lilly . Stocks to buy Still, Sekera said, there are opportunities in some stocks that investors can get into. He names five that he likes and that are still trading at a discount to their fair value. American Tower : This REIT, which owns cell phone towers, is trading at a 18% discount, Morningstar said.

Persons: selloff, Dave Sekera, CNBC's, Sekera, Eli Lilly, Morningstar, Stocks Organizations: Nasdaq, Nvidia, Tesla, Oracle, Netflix, Apple, Tech, Microsoft, Cognizant, Morningstar, Morningstar . U.S . Bancorp, U.S, Bank, Jacobs Solutions, RTX Corp, Pratt & Whitney Locations: U.S, Morningstar .

☆ Travelers say these are the best — and worst — airports in North America based on wait times for check-in, customs and more
▼ + stars: | 2023-08-12 | by ( Celia Fernandez | ) www.cnbc.com time to read: +4 min

Every one of the best airports in North America for wait times according to passengers is located in the U.S. The best airport in North America based on wait times: Southwest Florida International AirportThe Southwest Florida International Airport ranked No. The Portland International Airport ranked as the second best airport in North America, according to a Casago report. Nathan Howard | Getty Images News | Getty ImagesThe worst airport in North America based on wait times: Sangster International Airport in JamaicaThe Sangster International Airport is three miles east of Montego Bay, Jamaica. Daniel Slim | Afp | Getty ImagesThe 10 worst airports in North America based on wait times

Persons: Casago, Ronald Reagan Washington, Orlando Sanford, Nathan Howard, Shane Munroe, Daniel Slim Organizations: Southwest Florida International, Florida International Airport, Travel Lens, Google, Fort, Lens, Southwest Florida International Airport, Florida, Portland International, Detroit Metro, Tampa International, Northern Kentucky International, Durham International, Ronald Reagan Washington National, Nashville International, BNA, Orlando, Orlando Sanford International, Chicago Midway International, Centre for Aviation, Power, Associates, Portland International Airport, Getty, Sangster, Jamaica The Sangster, Sangster International, Jamaica Civil Aviation Authority, Jamaica Sun, Cana International, Afp Locations: U.S, North America, Delta, JetBlue, Southwest, Fort Myers, Florida, America, Cincinnati, Raleigh, Oregon, Portland, Jamaica, Montego Bay, Cana

☆ Microsoft says Russia-linked hackers behind dozens of Teams phishing attacks
▼ + stars: | 2023-08-03 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +3 min

Microsoft Teams app is seen on the smartphone placed on the keyboard in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/File PhotoSAN FRANCISCO, Aug 2 (Reuters) - A Russian government-linked hacking group took aim at dozens of global organizations with a campaign to steal login credentials by engaging users in Microsoft Teams chats pretending to be from technical support, Microsoft researchers said on Wednesday. These "highly targeted" social engineering attacks have affected "fewer than 40 unique global organizations" since late May, Microsoft researchers said in a blog, adding that the company was investigating. The hackers used already-compromised Microsoft 365 accounts owned by small businesses to make new domains that appeared to be technical support entities and had the word "microsoft" in them, according to details in the Microsoft blog. Accounts tied to these domains then sent phishing messages to bait people via Teams, the researchers said.

Persons: Dado, Washington didn't, Midnight Blizzard, Zeba Siddiqui, Gerry Doyle Organizations: Microsoft, REUTERS, FRANCISCO, Midnight, Thomson Locations: Russian, Washington, Russia, U.S, Europe, San Francisco

☆ Cognizant projects revenue above estimates, CFO to retire in 2024
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/IllustrationAug 2 (Reuters) - Cognizant Technology Solutions (CTSH.O) forecast third-quarter revenue above estimates on Wednesday as more businesses turn to the IT services provider to digitize their operations, sending its shares up more than 6% after the bell. The company also said CFO Jan Siegmund would retire in early 2024. The New Jersey-based company expects current-quarter revenue of between $4.89 billion and $4.94 billion, compared with analysts' estimates of $4.86 billion, according to Refinitiv data. The company now expects full-year adjusted profit per share in the range of $4.25 to $4.48, compared with an earlier estimate of between $4.11 and $4.34. The company reported adjusted profit of $1.10 per share, compared with estimates of 99 cents.

Persons: Dado Ruvic, Jan Siegmund, Ravi Kumar S, Jaspreet Singh, Devika Organizations: REUTERS, Technology Solutions, TCS, Accenture, Revenue, Thomson Locations: The New Jersey, Bengaluru

☆ DXC Technology cuts annual revenue forecast, shares tumble
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

Aug 2 (Reuters) - DXC Technology (DXC.N) on Wednesday posted weaker-than-expected quarterly sales and lowered its annual revenue forecast, as the IT services provider grapples with tough competition and lower spending from businesses worried about a turbulent economy. DXC said it now expects annual revenue to range between $13.88 billion and $14.03 billion, compared with its prior prediction of $14.40 billion to $14.55 billion. The company also generates sizeable revenue from outside the United States which makes it vulnerable to exchange rate fluctuations and geopolitical issues in an already uncertain market. For the quarter to June 30, the company reported revenue of $3.45 billion, missing analysts' average estimate of $3.56 billion, according to Refinitiv data. The company's adjusted profit fell to 63 cents per share in the quarter, compared with estimates of 82 cents.

Persons: DXC, Yamini, Maju Samuel Organizations: DXC, Accenture, Thomson Locations: United States, Bengaluru

☆ India's Cyient posts Q1 profit jump but misses estimates as costs rise
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +1 min

The Hyderabad-based company reported a 45% rise in consolidated net profit of 1.68 billion rupees ($20.53 million)for the first quarter ended June 30th 2023, compared with 1.16 billion rupees a year ago. Analysts, on average, were expecting Cyient to earn 1.73 billion rupees ($21.14 million), as per Refinitiv data. Cyient said its U.S. subsidiary incurred legal costs of 111 million rupees ($1.36 million) during the quarter, and overall expenses rose 30%. For Cyient, revenue from its biggest Digital, Engineering and Technology (DET) segment rose to 14.5 billion rupees ($177.09 million), up from 10.6 billion rupees($129.58 million)a year earlier. Consolidated revenue from operations rose 35% to 16.9 billion rupees ($206.40 million) for the quarter.

Persons: Cyient, Krishna Bodanapau, Rishika Organizations: U.S, Infosys, Tata Consultancy Services, Wipro, Engineering, Technology, Thomson Locations: HYDERABAD, Hyderabad

☆ Randstad flags tougher job market, earnings beat forecasts
▼ + stars: | 2023-07-25 | by ( Olivier Sorgho | ) www.reuters.com time to read: +2 min

July 25 (Reuters) - Randstad (RAND.AS), the world's biggest staffing firm, on Tuesday flagged weaker demand in a "challenging" jobs market, even as it beat expectations for second-quarter core earnings. "We've had an enormous surge in demand post-COVID ... from there we have sort of gradually seen demand pull back," he added. The company's shares recouped early losses to rise 3.5% by 1013 GMT, as its quarterly core profit beat market forecasts. Underlying earnings before interest, tax and amortisation (EBITA) fell 12% to 271 million euros ($299.8 million), but exceeded the 260 million seen in a company-provided poll. An employer survey from the World Economic Forum earlier this year found that employment could decrease 2% by 2027.

Persons: Sander van't Noordende, We've, Marc Zwartsenburg, Randstad, van't Noordende, Olivier Sorgho, Jacqueline Wong, Milla Nissi, Emma Rumney Organizations: ING, Economic, Thomson Locations: U.S, Britain, China, North America, Europe, Northern Europe, Asia, Pacific, America, Gdansk

☆ Here's why public transit keeps running out of money
▼ + stars: | 2023-07-25 | by ( Juhohn Lee | ) www.cnbc.com time to read: +2 min

Public transit is a vital force for the American economy. The American Public Transportation Association estimates that 87% of trips directly benefit the local economy, with $1 invested in public transit believed to generate $5 in economic returns. But the state of public transit in the U.S. is declining rapidly as transit across the nation faces a fiscal crisis. "If a transit system doesn't have enough money, we can limit the hour of services and the frequency of service," said Norton. Watch the video to learn more about public transit in the U.S. and why it is in decline despite its economic benefits.

Persons: Peter Norton, Nicholas Dagen Bloom, Norton, it's Organizations: American Public Transportation Association, SEPTA, Chicago's, LA Metro, University of Virginia, Hunter College, University of Minnesota Locations: U.S, Los Angeles

☆ India's IT services business is set to expand, says wealth management firm
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's IT services business is set to expand, says wealth management firmDeven Choksey of DRChoksey Finserv discusses the outlook for the Indian economy, artificial intelligence, and investments in the country's IT services market.

Persons: Deven, DRChoksey Finserv

☆ India's Infosys halves FY revenue growth outlook as clients cut spending
▼ + stars: | 2023-07-20 | by ( Sethuraman N R | ) www.reuters.com time to read: +1 min

BENGALURU, July 20 (Reuters) - Infosys (INFY.NS), India's second-largest IT services firm by revenue, halved its full-year revenue forecast on Thursday and posted a first-quarter profit that missed estimates as clients cut back spending in a cloudy economic environment. Infosys' U.S.-listed shares fell nearly 7% in pre-market trading after the company cut its full-year revenue growth of 1%-3.5% on a constant currency basis from 4%-7% previously. There are some discretionary spending cuts from clients in the short-term and overall decision-making has slowed down, CEO Salil Parekh said in a media conference. Consolidated net profit rose 10.9% to 59.45 billion rupees ($725.5 million) in the three months to June 30, missing analysts' view of 61.41 billion rupees as per Refinitiv IBES. Businesses are cutting back spending on discretionary IT projects amid steep inflation that stoked interest rates.

Persons: Salil Parekh, Sonia Cheema Organizations: Infosys, U.S, Consolidated, Tata Consultancy Services, Wipro, Sethuraman NR, Thomson Locations: BENGALURU, Bengaluru

☆ 'Undeniably vast' opportunity: Bank of America names generative A.I. global 'winners'
▼ + stars: | 2023-07-14 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Bank of America has dubbed global companies exposed to the demand for generative artificial intelligence solutions as "winners," picking stocks across the software and IT services sectors. It described the AI opportunity within the software industry as "undeniably vast" in a research note dated 12 July, and ranked European companies in the sector. "Huge quantities of data about a company's operations are held within a company's ERP system which makes the software vital in any generative AI integration," BofA's analysts stated. "We see gen AI as an opportunity for the Software industry to derive both potential revenue uplift via enhanced value proposition and data monetization, alongside productivity improvements," the bank said. BofA also looked at the effect of generative AI on the IT services industry and said implications "are the most polarised," noting concerns over drops in sales due to tasks being automated.

Persons: BofA, Frederic Boulan, — CNBC's Michael Bloom Organizations: of America, Dassault Systemes, SAP, Software, IT, International Data Corporation Locations: French, German

☆ US producer inflation muted; labor market still tight
▼ + stars: | 2023-07-13 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

That was the smallest year-on-year gain since August 2020 and followed a 0.9% increase in May. CORE INFLATION SLOWINGExcluding the volatile food and energy components, the so-called core goods prices fell 0.2% last month after climbing 0.1% in May. In the 12 months through June, the core PPI advanced 2.6%. That was the smallest year-on-year gain since February 2021 and followed a 2.8% increase in May. While inflation is slowing, the labor market remains tight.

Persons: Bill Adams, Jeffrey Roach, Christopher Rupkey, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: PPI, Labor Department, Federal Reserve, Comerica Bank, Reuters, Financial, Services, Wholesale, Fed, Energy, LPL Financial, Treasury, CPI, Thomson Locations: WASHINGTON, U.S, Dallas, Charlotte , North Carolina, Stocks, New York

☆ A.I. will make an 'enormous impact' on the way we operate: Tata Consultancy Services
▼ + stars: | 2023-07-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. will make an 'enormous impact' on the way we operate: Tata Consultancy ServicesN. Ganapathy Subramaniam of the IT services firm says it has projects with its clients that are aimed at "checking out the applicability of generative A.I."

Persons: Ganapathy Subramaniam Organizations: Tata Consultancy Services

☆ US producer prices barely rise in June; core PPI subsides
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, July 13 (Reuters) - U.S. producer prices barely rose in June and the annual increase in producer inflation was the smallest in nearly three years, more evidence that the economy had entered a disinflation phase. The producer price index for final demand nudged up 0.1% last month, the Labor Department said on Thursday. Economists polled by Reuters had forecast the PPI would rebound 0.2% on the month and rise 0.4% on a year-on-year basis. A 0.2% increase in the prices of services accounted for the rise in the monthly PPI last month. Excluding the volatile food and energy components, the so-called core goods prices fell 0.2% last month after climbing 0.1% in May.

Persons: Lucia Mutikani, Paul Simao Organizations: Labor Department, PPI, Reuters, Services, Energy, Thomson

☆ More tech workers in India are moonlighting — despite their bosses’ disapproval
▼ + stars: | 2023-07-12 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

There are a range of reasons that are driving IT professionals to engage in moonlighting, according to Indeed India. Abhishek Software engineerBut his bosses are not aware of his plans, nor has he told them he is moonlighting. 'The root cause is the money'There are a number of reasons driving IT professionals to engage in moonlighting, according to Indeed India. Where employers disagreeHere's where employers disagree: moonlighting goes against the sense of loyalty a company wishes to instill into employees. IT services giant Wipro for example, fired 300 employees last year for allegedly "working for rival companies," according to local reports.

Persons: Sashi Kumar, Abhishek, he's, HackerRank, —, Moonlighting, Kumar, moonlighting, Indeed's Kumar, Viswanath Organizations: CNBC, India, Wipro, Infosys — Locations: India, Bangalore, U.S

☆ India's Wipro commits $1 bln investment into AI
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, July 12 (Reuters) - Indian IT services provider Wipro Ltd (WIPR.NS) said on Wednesday it planned to invest $1 billion into artificial intelligence (AI) over the next three years. The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing. This comes almost a week after rival Tata Consultancy Services (TCS.NS) said it planned to train 25,000 engineers to get them certified on Microsoft's (MSFT.O) Azure Open AI. Companies across the world, from banks to big tech, have doubled down on investments in AI after ChatGPT, a generative AI chatbot by Microsoft-backed OpenAI took the world by storm in late 2022. "Especially with the emergence of generative AI, we expect a fundamental shift up ahead, for all industries," Wipro CEO Thierry Delaporte said.

Persons: OpenAI, Thierry Delaporte, Navamya Ganesh, Rashmi Organizations: Indian IT, Wipro, Tata Consultancy Services, Companies, Microsoft, Wipro ai360, Thomson Locations: BENGALURU, Indian, Bengaluru

Transactions associated with sanctioned entities accounted for 44% of 2022's record-high $20.1 billion worth of crypto crime, Chainalysis said in January. Crypto payments to ransomware attackers hit $449.1 million in the first half of 2023, up $175.8 million from the same period last year, Chainalysis said. If this continues, ransomware attackers will have their second best year on record, the analysts added. "Big game hunting - that is, the targeting of large, deep-pocketed organizations by ransomware attackers - seems to have bounced back after a lull in 2022. At the same time, the number of successful small attacks has also grown," Chainalysis said.

Persons: Chainalysis, fraudsters, Elizabeth Howcroft, Sinead Cruise, Mark Potter Organizations: Thomson

☆ How Singapore has become a leading force in tech innovation
▼ + stars: | 2023-07-07 | by ( Sponsor Post | Created Insider Studios With Edb Singapore | ) www.businessinsider.com time to read: +8 min

Over 13 years ago, AvePoint, a SaaS solutions provider based in New Jersey, recognized the potential of Southeast Asia and found its entry point in Singapore. "While Singapore is a very small country, the country's focus on talent development and productivity results in it leading the forefront of innovation with a strong tech ecosystem for talent and corporate success," he said. In Singapore, ServiceNow was able to access a unique business partnership with Singapore Airlines, the world's most-awarded airline and one of the region's largest customers, developing a system called SQNow, which streamlines and manages IT workflows. "Being successful in Singapore is often a gateway into other markets around Southeast Asia," Nehammer added. Why Singapore's brand continues to thriveSingapore's ascent as a global tech powerhouse is anchored on the pillars of innovation, business networks, and robust tech infrastructure.

Persons: Tianyi Jiang, ServiceNow, it's, Jiang, Nehammer, AvePoint Organizations: ASEAN, Association of Southeast Asian Nations, Singapore government's Smart, Smart, Singapore, Singapore Airlines, NCS, Tech, Monetary Authority of Singapore, MAS, Higher, Insider Studios, Singapore Economic Development Board Locations: Singapore, New Jersey, Southeast Asia, Asia, Rhode

☆ Wall Street titans including David Rosenberg and Rob Arnott sound off on AI: What they told us about the disruptive technology — from how it will lead to 'permanent displacement' of jobs, to why it's
▼ + stars: | 2023-06-28 | by ( William Edwards | ) www.businessinsider.com time to read: +11 min

AI's impact on the job marketRob Arnott"Every important disruption since the start of the industrial revolution has cost millions of people jobs. Millions of jobs will be lost to those who know how to use AI. "The implications of generative AI on the labor market will be one of upheaval and one of escalating job uncertainty. Are AI stocks in a bubble? Rosenberg"Advancements in AI technology, and its knock-on effects on profitability and productivity, is a legitimate investment thesis.

Persons: David Rosenberg, Rob Arnott, Savita Subramanian, Cam Harvey, Jawad Mian, Jobs, Merrill Lynch, aren't, Rosenberg, Harvey, Arnott, Brad Cornell, Aswath, There's, that's, Savita, –, capex, Mian Organizations: Industries, Investors, Research, Rosenberg Research, North, Bank of America Securities, Duke University, Microsoft, Nvidia, Google, Tech, Software, Services, Professional Services, IT Services Locations: North American, ChatGPT, Asia, Taiwan

☆ India's Infosys signs $454-mln deal with Danske Bank
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, June 26 (Reuters) - Infosys (INFY.NS), India's No.2 IT services provider, signed a $454-million contract with Denmark's Danske Bank on Monday, at a time when the broader sector is struggling with a slowdown in an uncertain global economy. The IT company will help digitize the lender's core business and add more cloud and data facilities to it, including Infosys acquiring Danske Bank's IT centre in India, it said in a regulatory filing. The contract is for five years, with an option to renew for one more year for a maximum of three times. Bengaluru-based Infosys' contract comes days after Mumbai-based bigger rival TCS signed a deal worth 840 million pounds with British pension scheme Nest, for an starting tenure of 10 years. "Despite a strengthened order pipeline, the effects of this deal might be offset by macro factors such as inflation and increased labour costs," Akshara Bassi, an analyst at Counterpoint Research, said on the Danske Bank deal.

Persons: Akshara Bassi, Navamya Ganesh Acharya, Varun, Sohini Goswami, Nivedita Organizations: Infosys, Denmark's Danske Bank, Danske Bank's, TCS, Counterpoint Research, Danske Bank, Varun Vyas, Thomson Locations: BENGALURU, India, Bengaluru, Mumbai

McKinsey says generative AI could add $7.3 trillion in value to the world economy each year and believes half of today's work activities could be automated between 2030 and 2060. The latest Bank of America survey in June showed 29% of global investors don't expect AI to increase profits or jobs. "There's a lot of focus on the risks that generative AI can bring. He sounded confident over the capacity of some professional information and data providers, which own proprietary data, to integrate generative AI into their products. Cristina Matti, small and midcaps portfolio manager at Amundi, said indiscriminate investing was not an option for investors seeking AI exposure.

Persons: Gilles Guibout, UK's Pearson, Chegg, Pearson, Thomas McGarrity, Andrea Scauri, Scauri, Capgemini, Cristina Matti, Danilo Masoni, Lucy Raitano, Chizu Organizations: Nvidia, McKinsey, AXA Investment, Bank of America, Microsoft, RBC Wealth Management, Accenture, Thomson Locations: MILAN, Europe, United States, Paris, Lemanik, Amundi

☆ Morgan Stanley: These 5 stocks are well-positioned to reap the rewards of rising artificial intelligence adoption
▼ + stars: | 2023-06-25 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

Information technology firms should benefit as the adoption of artificial intelligence increases. For instance, another subset of technology firms that could capitalize on the rise of automation enabled by AI, especially in the near term, includes information technology services vendors. Although this may be true, the analysts also noted that information technology firms have traditionally been quick to adapt to and adjust for technological advancements. 5 stocks poised to benefit from the rise of AIEven within the information technology industry, it's clear that not all firms are created equally. In the report, the analysts identified five information technology companies that are uniquely positioned to become key beneficiaries of rising artificial intelligence adoption.

Persons: Morgan Stanley Organizations: Nvidia, IT Services, Services

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