With an aim to capture market share from Amazon and Microsoft, Google is luring corporates with its machine learning and AI technologies at attractive price points.
A sense of excitement, of jumping into something green or greener, pervades right through IBM India offices today. The organisation is in the midst of transforming itself to focus on the Indian market. It is metamorphosing with the aim to grow the more profitable India business, even as globally IBM has reported 21 quarters of declining revenues.
India’s rapid transition to a cashless economy since Prime Minister Narendra Modi’s demonetization drive has exposed new avenues for virulent cyber threats across the nation.
Bidding for smart city projects, working with startups and launching a slew of products for an increasingly digital world are among the things that Dell EMC is planning , as it completes one year of the merger between Dell Inc. and EMC Corp.
Analysts say that Apple has created a new “premium-plus” category with the new launches, but the biggest beneficiary could be the iPhone 7.
Apple’s new iPhones will be available in India at the same time as in the US and other major markets. Yet, Apple seems to have ignored India in some other areas, which could indicate its market priorities. Before launching the iPhone 8, 8 Plus and the X, Apple CEO Tim Cook showcased two of the company’s important products — the Apple Watch and the Apple TV 4K. While the company won’t be launching the cellular version of the Apple Watch in India, the Apple TV 4K is also expected to be launched in the country only by next year.
What happened with Cyrus Mystry in Tata seems to have happened with Vishal Sikka in Infosys. The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporate that are restructuring and reinventing themselves to come to terms with the new business realities.
After lurching from one disaster to another in 2016, Japan’s Softbank is hitting all the right notes this year.
Uber has got a new chief in Dara Khosrowshahi, the former Chief Executive Officer of travel company, Expedia. From the very public and controversy-ridden Travis Kalanick, founder and former CEO to the relatively less known Khosrowshahi, Uber is purring itself to a new lane. At least that’s what the choice of the CEO points out to.
As Abidali Neemuchwala completes six quarters as the chief executive of India’s third largest IT services firm, he seems to have figured out a way to break the jinx of sluggish growth that the company has seen for years.
The Right to Privacy is now a fundamental right. A nine-judge bench of the Supreme Court pronounced this verdict on Thursday morning. It was a unanimous decision with all the nine judges in favour of the Right to Privacy. The constitutional bench headed by Chief Justice JS Khehar ruled that “right to privacy is an intrinsic part of Right to Life and Personal Liberty under Article 21 and entire Part III of the Constitution.”
We at Greyhound believe the change to digital is first personal and then professional. Catch Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound in an exclusive conversation with Anshoo Nandwaani, Principal Analyst, Co-Founder & CHRO, Greyhound on our latest Greyhound TV series, Dealing With Digital.
Thirteen years after it filed with the Board for Industrial and Financial Reconstruction (BIFR), ITI, the public sector-backed telecom equipment maker, has embraced change and turned its focus into new areas such as data centres and Internet of Things (IoT).
We at Greyhound believe the change to digital is first personal and then professional. Catch Meheriar Patel, CIO, Essar Retail & AGC Networks in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Knowledge Group on our latest Greyhound TV series, Dealing With Digital.
Flipkart’s acquisition of Snapdeal could come through in July, at a valuation that is much less than had been initially envisaged. While Snapdeal is gunning for $1 billion from Flipkart, the latter is only willing to pay $350-400 million.
Any interview or write-up of Kalanick’s does not fail to mention his ‘brash’ behaviour. Though that trait worked for him ever since he dropped out of school and started up, that has now led to his being sidelined in his own company and the board asking him to step down as the CEO.
Low-cost carrier SpiceJet Ltd has floated an online venture to sell fashion and lifestyle products, entering a highly competitive segment where even deep-pocketed companies are struggling to turn a profit.
How safe is the average Indian techie’s job? Between Donald Trump’s “Make America Great Again” push at one end and artificial intelligence-driven automation on the other, India’s most sought-after career for two decades is suddenly losing its appeal.
When cross-category classifieds company Quikr announced the acquisition of home services startup Zimmber earlier this month, it marked the firm’s eleventh buyout in less than two-and-a-half years.
Online marketplace Flipkart expects its private-label category to contribute 10 per cent of its overall transactions in the next 12 months, to boost its flagging earnings and fill gaps in its products.
However, industry watchers have some concerns. The question is will people accept this.
Technology giant Oracle has launched its cloud computing service for India, which aims to support the government’s GST rollout in July and plans to open data centres in the country. Analysts welcomed this move.
Contrary to popular opinion, even technology companies have to invest continually to push digital so that they can innovate and stay relevant to their customers. International Business Machines Corp.’s (IBM’s) sharpening focus on digital is a case in point.
Cab-hailing giant Uber has entered the $15-billion food delivery market in India even as multiple startups shut shop and existing ventures such as Swiggy, Zomato and Foodpanda continue to bleed.
American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level jobs that are being phased out by the tech majors, with automation, artificial intelligence and robotics paving the way to increased productivity.
Micro-blogging site Twitter on Thursday released Twitter Lite — a much lighter version of its platform on a web based service in India first. After the turbulence of 2016, Twitter is expecting a smoother year ahead, with the micro-blogging firm expecting big gains in India, one of its fastest growing markets, say its top executives. They would add many more users through Twitter Lite, launched on Thursday keeping in mind areas where connectivity was poor, Twitter’s Southeast Asia and India managing director Maya Hari and Twitter Southeast Asia business development director Arvinder Gujral said.
With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism for political gains. However, industry observers say that Indian IT services companies are resilient enough to weather such issues.
For every such startup that has managed to cross over to the success corner, there have been many that have fallen by the wayside and some of these, after hitting a high note of success and popularity and instant recall with its target audience.
Software-as-a-service companies are yet to meet their promise of profitability in India. The pricing and customer profile, which is the long tail of SMBs globally, are yet to bear fruit. All these businesses have registered offices and business in the USA, which they say add a lot more to their topline than what the data collected in India suggests.
On March 2, 2017 Symantec announced the launch of Symantec Ventures – its latest effort to help startups by contributing capital, reducing expenses and accelerating time to market. Per the company, Symantec Ventures is the next step post its partnership with Frost Data Capital Partner in 2015. Initially while the company aimed to foster up to 10 Security and IoT Analytics startups per year, with Symantec Ventures it plans to further its investment in areas like Machine Learning and Security Analytics.
NYSE-listed Business Process Management (BPM) company WNS was always on the lookout for niche and tuck-in acquisitions to augment its capabilities, and the latest in the series is not much different. The focus of the two recent acquisitions was to strengthen its healthcare and insurance verticals.
Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of shareholders. But to what end?
The next company that is being greenlighted to enter the prestigious Unicorn club of startups is Oyo Rooms, a SoftBank-backed budget hotel aggregator.
Fights, ousters and exits are likely to occur when the management of a company takes over from its founders. This is because founders and managements don’t often think alike.
India’s bustling startup ecosystem is in a state of hysteria as e-commerce major Snapdeal implodes.