IT Firms’ Margins Hit A Three Year Low In FY24

As economic troubles starting with the war in Ukraine spelled trouble for Western markets like Europe, firms have largely been reporting declining margins in every financial year. The risk of recession in the 2024 fiscal along with necessary investments into generative AI…

Vi To Renew Tech Outsourcing Deal With IBM For About $1 Billion

Renewal of the tech outsourcing deal comes even as Vi's board meets Saturday to consider raising Rs 20,000 crore via a preferential share issue. Earlier this week, Vi's shareholders approved a proposal to raise this capital through equity and equity-linked…

HPE’s Acquisition Of Juniper Will Propel Its Position In The Global AI Race

Juniper's Mist AI is of strategic importance to HPE. This is due to HPE's shift in computing strategy, which is increasingly focused on enabling a broad spectrum of AI applications. “HPE is experiencing a plateau in growth within its established…

Questions Raised As Amazon Q Reportedly Starts To Hallucinate And Leak Confidential Data

As Amazon's next big bet in generative AI starts to hallucinate, experts question if the new generative AI assistant is ready for prime time. Reports of hallucinations raise concerns about the need for regulations and the severity of rules that…

Around 79% Of ChatGPT’s Enterprise Customers Come From Microsoft Azure-OpenAI Partnership

Most of the customers are still exploring the technology at proof-of-concept stages and the real picture will only emerge once it completes a year and yearly subscription renewals happen, say analysts. According to Sanchit Vir Gogia, founder and CEO of…

Google’s ‘Multimodal’ AI Model Gemini: What It Means For Enterprises?

Google’s Gemini has already got enterprises and start-ups excited as they find a worthy alternate to OpenAI’s GPT-4, said industry experts, coming few days after the technology giant unveiled its largest and most advanced AI model to date. While Gemini is…

E12: #GreyhoundTV #ONTrigger with Roger Premo, General Manager, Corporate Strategy and Ventures, IBM

Catch Roger Premo, General Manager, Corporate Strategy and Ventures, IBM in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research, on GreyhoundTV ONTrigger, our peer-to-peer dialogue series. In this exchange, Sanchit spoke with Roger about a…

E11: #GreyhoundTV #ONTrigger with Robert Oh, EVP, Head of Digital Strategy, Doosan Group & COO, DDI

Catch Robert Oh, Executive Vice President, Head of Corporate Digital Strategy, Doosan Group & COO, Doosan Digital Innovation (DDI) in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research, on GreyhoundTV ONTrigger, our peer-to-peer dialogue series.…

Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast

In an indication of worsening macroeconomic conditions and its impact on the IT sector, Accenture Plc on Thursday announced that it would cut about 19,000 jobs or 2.5 percent of its workforce over 18 months and lowered its annual revenue projections for…

TCS Needs To Reinvent Under New Leadership Of Krithivasan: Experts

As K Krithivasan is set to take the helm of Tata Consultancy Services from the outgoing CEO, Rajesh Gopinathan, experts argue that the incoming CEO will need to rethink the growth strategy for the IT giant yet again.  Sanchit Vir…

E10: #GreyhoundTV #ONTrigger with Anant Adya, Executive Vice President, Infosys

Catch Anant Adya, Executive Vice President, Infosys, in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research, on GreyhoundTV ONTrigger, our peer-to-peer dialogue series. In this exchange that lasted well over an hour, Sanchit spoke with Anant…

PE Investments In Data Centres Grow Fivefold YoY, Reach $2.2 Bn

An increase in digitization of businesses coupled with rising demand for localization of data has catapulted the quantum of private equity investments in Indian data centres by more than 5 times.   Sanchit Vir Gogia, chief executive of Greyhound Research, explained that data centre colocation…

Broadcom Acquires VMware For $61 Billion In Second-Biggest Deal Of 2022

Semiconductor major Broadcom Inc will acquire cloud and virtualization company VMware in a cash and stock deal valued at $61 billion. Broadcom’s Software Group, which offers infrastructure and security solutions, will also be rebranded and merged within VMware. With this…

Google’s Ad Customisation Model May Not Find Takers

Google’s recent announcement to allow users more control over the content they see in advertisements is unlikely to find as many takers. According to tech and marketing analysts, rolling out a feature for users is vastly different from getting them…

Musk’s Plan To Get Enterprises, Govt Pay For Twitter May Conflict With His Free Speech Plan

Elon Musk’s proposal to ask businesses and government bodies to start paying for using Twitter could be in direct conflict with his utopian idea to allow free speech on the platform, according to experts. Paying customers, including companies and governments,…

Going Private The Right Way For Twitter To Focus On User Growth And Revenue : Experts

Elon Musk’s buyout of Twitter for $44 billion could provide the micro-blogging company the much-needed impetus to rework the company’s revenue and business model. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, told  BusinessLine that right now the two…

Free Speech Absolutist Elon Musk May Chafe At Laws Of Land, Say Experts

Tesla Inc founder Elon Musk’s $44-billion takeover offer for microblogging platform Twitter may lead to more run-ins with the Indian government and others, due to his self-proclaimed ‘absolutist’ stance in support of free speech, experts said. A shakeup is “desperately…

Buyer Spotlight E01: Bharat Gas, LPG Business Unit of Bharat Petroleum Corporation Limited

For us at Greyhound Research, IT Decision Makers are the most important stakeholders. For it's a set of stakeholders we work the most closely with. To put this in perspective, nearly 70% of our business comes from these stakeholders and…

WhatsApp Has Banned Nearly 20 Million Accounts In India

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Tesla Tycoon’s Bid For Twitter Seen As Battle For Control

Tesla tycoon Elon Musk’s hostile takeover bid of Twitter is being seen by analysts as a battle for control of all-powerful algorithms that influence our newsfeeds. They feel it could be the change that Twitter needed though, at the same…

Microsoft Plans To Establish Its Largest India Data Centre Region In Hyderabad

Tech giant Microsoft Corp. on Monday said it plans to establish its largest India data centre region in Hyderabad, Telangana. The first phase is expected to be operational by 2025. It's a well-established fact that the pandemic has forced orgs…

SAP Counts On Small, Medium Firms To Drive Cloud Business

German software firm SAP expects strong cloud adoption this year, driven by small and medium-sized businesses (SMBs) that have accelerated their investments in a multi-cloud strategy. It's a well-established fact that the pandemic has forced orgs to invest in digital…

Ukraine War May Delay Critical Parts Supply For Device Makers

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IBM Unveils Cyber Security Hub In Bengaluru

International Business Machines Corp. (IBM) said on Wednesday it is launching a cybersecurity hub in Bengaluru to address the concerns of its clients across the Asia Pacific (APAC) region. Analysts agree the need for a security hub like this is…

LEAP Of Faith: IFFCO Moves Lock, Stock And Barrel To Oracle Cloud

The world’s largest manufacturer and marketer of fertilisers in the cooperative sector is taking a technology-first approach to its business objectives Cloud has become a springboard for faster, sustainable and cost-effective innovation in the new year. Industry analysts echo this…

Services Spotlight E01: IBM Cloud Satellite

The past few quarters have been busy for us at Greyhound Research. At one end, our team of analysts and consultants have been working closely with some of the world's biggest companies and helping them with their digital transformation strategy.…

Business As Usual For IT Companies Despite Omicron, Say Experts

The United States and UK are the top two markets for the $190 billion Indian IT industry and the spike in Covid-19 cases has brought back concerns of a global lockdown, and how this would impact the sector. Sanchit Vir…

Wipro Migrates Air Cargo Application Suite To Oracle Cloud

This will allow Wipro to offer CROAMIS as part of Wipro FullStride Cloud Services, to customers worldwide, aiding faster modernisation of the air cargo industry amidst growing demand for rapid cargo transportation services. “Global supply chain dynamics have gone through…

Can Parag Agarwal As The New CEO Of Twitter Change The Narrative?

Before joining Twitter a decade ago in 2011 as a software engineer, Agrawal had stints at Microsoft Research, AT&T Labs and Yahoo! Research. At Twitter, he rose to become the first Distinguished Engineer through his performance across revenue and consumer engineering…

Industry Spotlight E01: IBM Customer Experience Solutions For Banking & Financial Markets

The past few quarters have been busy for us at Greyhound Research. At one end, our team of analysts and consultants have been working closely with some of the world's biggest companies and helping them with their digital transformation strategy.…