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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…
Read More Symantec Ventures – Why It Matters To The Future Of Cyber Security Innovation
Google is betting big on its dominance in machine learning and artificial intelligence to break into the cloud market. "The announcements made by Google consolidate their vision in the Cloud space, which helps communicate their seriousness. The SAP partnership will…
Read More Google Bets Big On AI, Machine Learning To Crack The Cloud
The e-commerce industry in India has received another blow. On Wednesday, India’s third biggest e-commerce firm Snapdeal announced that it will be laying off employees. Though the company refrained from giving out exact numbers of people to be given the…
Amidst slowing sales of PCs across the world, HP entered the Indian PC gaming market with its OMEN series of products. The products will be available by 15th March, 2017 on HP world stores, e-commerce portals, and large format retail…
Read More Amidst Slow PC Sales, HP Launches OMEN Gaming Laptops And Desktops In India
A starting salary of Rs 1.25 crore per annum to a Delhi student matches the average pay package of American software engineers but is still 40-50% more that what Indian techies working in the US earn. “An average American software-engineer…
Read More Rs 1.25-Cr Uber Package: Delhi Student’s Offer Matches Silicon Valley Salaries
In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently…
Read More Is Flipkart Clawing Back In The Game Against Amazon?
Sasken Communication Technologies Ltd has changed its name for the second time since its inception in 1989 to Sasken Technologies Ltd effective February 14 to reflect its broad portfolio of services. “While the intent behind the name change is welcome,…
Read More Sasken Communication Changes Name To Reflect Its Broad Range Of Services
Top-level exits continue at Snapdeal, India’s third largest e-commerce company, as Tony Navin, head of partnerships and strategic investments, decided to move on after a seven-year stint. Navin’s exit comes in quick succession of two other bigwigs -- Abhishek Kumar…
Read More Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
Over the last 12 months, we at Greyhound Research, the Technology Transformation arm of Greyhound Knowledge Group, carried out thousands of end-user enquiries on various aspects of Cloud Computing. These enquiries have ranged from questions on benchmarking cloud providers, enterprise…
Read More Cloud Failures Will Drive Enterprises To Hire Startup CTOs
After launching its public cloud services in September, Oracle is vying for the market dominated by Amazon Web Services – by changing its organisation culture to mimic that of AWS itself. “Digital sales will be challenging for Oracle because most…
At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…
Read More Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
Funded by foreign investors and parent companies, India’s leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain…
Read More Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation
The year 2016 witnessed a major rise and impact of new technologies like social, mobile, analytics and cloud (SMAC) across businesses and organisations, not just in terms of the adoption, usage and investments but also it gained the status of…
Read More How Change In Technology Landscape Is Impacting M&A In IT Industry
At Rs 11, 754 crore, the combine losses of ecommerce majors Flipkart, Amazon and Snapdeal is almost equal to the annual budget of the Indian Space Research Organisation (ISRO). "To be able to curtail losses, it is critical for these…
Read More Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go to Mars 24 times
The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
Of all the possible candidates, the credentials of TCS' N Chandrasekaran was hard to be ignored for panel. Research and advisory firm Greyhound Research Chief Analyst & CEO Sanchit Vir Gogia adds, "he has very strong digital capability, a huge plus…
Read More Five Reasons Why Ratan Tata Picked N Chandrasekaran For The Top Job
IBM’s two major global bets — cloud and cognitive — are also the two weakest areas for the computing giant in India, where it seems to be struggling in a highly competitive market. Will the new India MD be able…
A year after Binny Bansal replaced his co-founder Sachin Bansal as CEO, Flipkart has yet again undergone changes in its management structure. India’s largest online marketplace announced its head of category design Kalyan Krishnamurthy as the new CEO, while Binny…
Read More What Flipkart’s New CEO Hire Tells Us About The Future Of India’s Startups
The appointment of a new CEO at Flipkart has anguished many Indian entrepreneurs. “Global investors who have bet on India will now take a cue from Flipkart and bringing CEOs from outside may well become a trend in 2017. That’s…
“2017 is going to be a volatile year for the Indian IT industry,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “The pace of technological changes is very high and it will lead to substantial job cuts. The…
Read More Outlook 2017: Tech Industry Faces A Volatile Year Ahead
On January 4, 2017, IBM India named Karan Bajwa as the new Managing Director. He takes over the reigns from Vanitha Narayanan, who has now been appointed as the Chairman. Per the announcement, this change is effective immediately; both Karan and Vanitha will report…
Read More Whilst Transforming Clients, IBM India Must Also Transform Within
Information technology industry strived to find newer opportunities and markets in 2016 as geopolitical uncertainties, a challenging business climate and technological shift clouded outlook. “The world market is leaning towards protectionism,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound…
Read More Flashback 2016: Year Of Uncertainties For IT Sector
据美国石英网12月27日报道，亚洲第三大经济体印度的电子商务零售商正努力弥补企业亏损。 据报道，在投资者投入百万资金后期待回报之际，Flipkart、亚马逊等电商企业采取积极投放广告和打折促销的方式来吸引消费者。但截止2016年3月31日的年度财务报告显示，许多在线零售商虽然收入大幅增长，但是亏损也在增加。 “我对这些亏损不是太担忧，”研究咨询公司“Greyhound Research”首席分析师兼首席执行官Sanchit Vir Gogia说，“我真正担心的是这些公司的产品质量以及管理。比如说，如果他们的产品销售额增加了，那么生产成本也会增加，从而导致亏损，这种情况是让我非常担心的。” [Source1] | [Source2] | [Source3] | [Source4] | [Source5] | [Source6] | [Source7] | [Source8] | [Source9] | [Source10] | [Source11] | [Source12] | [Source13]
For India’s export-focused software services sector, 2016 was a tough battle. The information technology (IT) sector had to reduce growth numbers for only the second time in a decade, the first being after a US recession triggered by the Lehman…
Winter has set in, and yet, the biting icy winds do not stop New Yorkers from getting to work. At Liberty Street, inside the Times Inc. office, there are a couple of financial service providers and media companies talking about…
Read More IT Companies Will Have To Prove Their Digital Narrative In 2017
E-tailers in Asia’s third-largest economy are in fix. With investors demanding results after pouring in millions worth of funding, companies such as Flipkart and Amazon have resorted to aggressive advertising and discounting to attract customers. But while that has paid…
As 2016 winds down and we enter holiday mode, it's time to start thinking of the 2017 work year. Here's why you need to use your down time to put plans into place to upskill your employees and stay ahead…
Handset and electronics business, one of the sectors worst hit by demonetisation, are looking at the government for relief. “The electronics market moves from quarter to quarter. If the situation remains the same, then stocks of products will keep piling…
Below are excerpts of a recent Keynote by Sanchit Vir Gogia on the topic: Who Owns Digital Transformation?
India’s most valued internet company has been devalued—yet again. In one of the most drastic markdowns for Flipkart so far, one of its investors, a mutual fund managed by Morgan Stanley, slashed the Bengaluru-based e-commerce major’s value to just $5.54…
