AI adoption is now a pivotal force. Partnerships such as Infosys-Anthropic and HCL & TCS-OpenAI collaborations signal a shift in industry focus. IT firms are increasingly positioning themselves as large language model (LLM) implementation partners, similar to their roles during the rise of cloud technologies and system integration. Anand Rathi’s core thesis is that "the AI cycle is pivoting from ‘building capacity’ to ‘proving payback’ and that shift is innately services heavy." This transition is expected to be service-centric, as enterprise clients scrutinise return on investment (RoI) more closely in the wake of significant capital expenditure by hyperscalers. The brokerage projects: "We expect sector revenue growth to rebound to ~4.9% in FY27e and sustain growth in the medium term. Key risks are macro softness, pilots scaling-up slower, faster-than-expected AI automation and hallucination/trust barriers to enterprise adoption. We are constructive yet selective, favouring scaled vendors with enterprise deployment credibility."