Indian IT firm LTM reports AI revenue outpacing core business

Indian IT services company LTM has reported significant growth in its artificial intelligence-focused services. According to the company, revenue generated from AI-based solutions is now outpacing the growth rate of its core IT business.

LTM, which has operated in the IT sector for several years, has made substantial investments in developing artificial intelligence and related technologies. This shift reflects a broader trend in the technology industry, where companies are seeking to leverage AI's capabilities to enhance efficiency and create new business models.

The company's leadership has noted a considerable increase in demand for AI services from clients looking for assistance with data analysis, automation, and customer service improvements. This rising demand is enabling LTM to expand rapidly and capture new market share.

LTM's future strategy involves continued investment in AI research and development, alongside the expansion of its service offerings with new AI applications. The company anticipates these efforts will strengthen its position in the competitive global IT market.