STARTUP LEGAL28 Sept 2026
How mid-sized IT firms are turning AI cost cuts into new revenue | Company Business News
India's mid-sized IT firms are changing how they charge. Instead of billing more people, LTM, Coforge and Hexaware now help clients cut software and artificial intelligence (AI) costs. LTM launched OneToken, Coforge launched AI Launchpad, and Hexaware started an AI-agent offering. This may open fresh revenue even as it pressures traditional technology spending.
Key Statutory Highlights
- LTM launched OneToken, a single AI subscription that manages a client's AI spending across different models.
- Coforge launched AI Launchpad, which lets clients build, modify and deploy their own AI tools.
- Hexaware launched an AI-agent-based offering aimed at replacing work done by software products.
Actionable Advice for Taxpayers / Founders:If your business buys IT or software services, ask your current vendor how these AI cost-cutting offerings could change your existing contracts and pricing before you commit to anything new.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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