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Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…
Read More Infosys To Buy Automation Tech Firm Panaya For $200 MN
There are more than 900 million mobile phone users in India - but most of them are on a tight budget and so they do what they can to keep the costs down. Companies have found a way they can…
Read More Watch Sanchit Vir Gogia talk on Missed Call Economy on BBC World
As organizations look to lower costs and enable uninterrupted global productivity, the focus has been on centralizing those systems and tasks that require highly specialized skills. Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, believes that centralized IT…
Read More Boost Productivity, Increase Uptime And Lower Costs With Centralized Infrastructure
GST – Clarity on place of supply rules Greyhound Standpoint - While the government has floated a bill for common goods and service tax (GST) across the country last month, contemplation's appear with respect to various aspect of GST design including price…
Read More Greyhound Standpoint On Top Expectations Of IT Head Honchos From Budget 2015-16
The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…
The National Association for Software and Services Companies expects Indian IT exports to grow 12-14% in FY16, after the industry marginally missed its growth forecast for the current financial year. The projected growth is slower than last year, raising concerns on…
Read More Nasscom Sees Flattish Export Growth Next Fiscal At 12-14 Per Cent
The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…
When Satya Nadella was named to head Microsoft Corp. on 4 February last year, there were expectations that he would boost its already strong enterprise business and research and development units in Hyderabad and Bengaluru, given his Indian roots and…
Read More What Satya Nadella’s Year In Charge Meant For Microsoft’s India Unit
With Business Intelligence (BI) fast becoming a top priority for most enterprises, achieving RoI through BI implementation has come as a major challenge for IT leaders. While many CIOs plan to invest in BI in near future, most of them fear…
The Indian workplace is changing quickly, with technology at the centre of the change. Cloud computing is no longer a technology buzzword tossed around in company corridors. It’s mainstream now than ever before and to be on the cloud is…
HCL Technologies needs to rethink its strategy as its fastest-growing vertical, infrastructure services business, has been slowing down with clients shifting to cloud technology , experts said, suggesting increased investment to push other businesses at India's fourth largest information technology…
The yawning fiscal deficit of the government is likely to get some relief with the upcoming spectrum auction, slated for March 4, as it hopes to add Rs 80,000 crore to its kitty by putting airwaves in the 800, 900,…
Oracle India is ramping up its cloud business with the addition of a dedicated sales force that will sell Oracle Cloud solutions. The company announced that it plans to hire more than 200 sales professionals to accelerate and ramp up…
Read More Cloud Domination Dreams: Oracle To Hire Troop Of Sales Professionals Across India
Unable to cash in on the cloud computing growth and due to heavy discounts on its products, Oracle India's profits saw a decline of 12 per cent in 2013-14 to Rs 297 crore. Oracle's rival SAP, which has been quite…
Read More Slow Cloud Computing Growth Pushes Oracle Profits Down 12%
The last few months have seen numerous phishing attacks and hacking on to corporate networks—are you seeing the threat landscape getting more complicated? The security industry is rightly earning its long due importance in organisations owing to numerous attacks last…
Read More CIOs Need A Broad Outlook For Developing Security Strategies
The budget is just round the corner. Everyone has their own set of expectations from the upcoming budget. While common man is hoping the budget to bring some tax relief and cheaper commodities, industrialists are keeping their fingers crossed about…
Read More What IT Head Honchos Are Expecting From Budget 2015-16
One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is not surprising considering that around 80%…
In a widely anticipated move, Microsoft announced last week that its newly launched operating system, Windows 10, will be provided as a free upgrade to the users of Windows 7, Windows 8.1 and Windows Phone 8.1. Terry Myerson, Executive Vice President,…
With the resumption of the discussions on Social Security Agreement and Bilateral Investment Agreement finding pride of place in Prime Minister Narendra Modi's announcements at the joint press meet with visiting US president Barack Obama, the country’s IT sector is…
Read More Indian IT Industry Mood Lifts on Totalisation Pact
To boost HARMAN’s play in ‘Internet of Things’ NYSE-listed infotainment company HARMAN International Industries has agreed to acquire Symphony Teleca, a software services company with majority staffers in India, for at least $780 million. “Symphony has solid intellectual property when it…
‘Trespassers will be recruited,’ an adage that defined the hiring needs of India’s $120-billion IT services space in the last decade may no longer hold true. All indications are that frontline companies may hire fewer staffers going forward as they bring…
Read More The days of ‘big bang’ hiring by IT firms may be over
On the afternoon of January 13, YU Televentures began selling its first smartphone - Yureka - on online retailer Amazon's India site. The phone was showcased almost three weeks earlier, and the Micromax unit had been heavily advertising the device.…
The budget is just round the corner. Everyone has their own set of expectations from the upcoming budget. While common man is hoping the budget to bring some tax relief and cheaper commodities, industrialists are keeping their fingers crossed about…
Read More What IT Head Honchos Are Expecting From Budget 2015-16
US-based outsourcing solutions firm IGATE today reported a 14.8 percent growth in net profit at USD 38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions. The company had posted a net profit of…
How cool is it to take the indigenous idea of a small, humble, cost effective and convenient missed call, turn it into a business and make a hefty profit out of it. And then get snapped up by one of…
Read More Twitter’s acquisition of ZipDial: Good times are ahead for Indian startups
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions. The company had posted a net profit of…
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions. The company had posted a net profit of…
