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Infosys has deployed its artificial intelligence (AI) platform ‘Mana’ to process contracts for a bank in Asia that typically needed a team of 10-15 dedicated lawyers. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, believes AI significantly helps in…
Read More Era Of AI: Infosys’ Mana Eliminates Need For Lawyers To Process Contracts
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…
In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme. “H-1B abuse is very high and it is important to check the abuse. All IT services players will adjust to…
Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…
Read More Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. The founders have lashed out at Vishal Sikka, CEO and the board via a letter that highlights possible corporate…
Read More Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?
Donald Trump's efforts to limit the number of temporary workers in the US will dent India's software industry. Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, emphasised that the need to have people on-site is more than just…
Read More H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. Founders have lashed out at Vishal Sikka and the board via a letter that highlights possible corporate governance issues under…
On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…
Read More New H-1B Visa Announcement: Skills Not Salary The Trump Card
Rajesh Gopinathan, who will take over as the CEO of Tata group crown jewel Tata Consultancy Services on February 21, has big shoes to fill. But experts believe the 46-year-old will bring freshness into the company at a time when…
Read More Chandra-Gopi Combine Could Bring Tata Tech Units Under TCS
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
January 20, 2017, will mark the commencement of the four-year term of Donald Trump, the 45th President of the United States. Since his presidential election win on November 8, 2016, many quarters of the global industry have been abuzz with possible outcomes…
Read More With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead
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…
“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
On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…
IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with Donald Trump administration in the US, say experts. "There is some kind of an abruptness in…
Read More Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump
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
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…
On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners. Sanchit Vir…
Read More India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment
Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee. “Wipro’s decision to…
Read More Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe
IT industry's representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown. "This is clearly a reaction to Trump. But,…
Read More To Combat Market Slowdown, Nasscom Plans A US IT Show
Infosys chief executive Vishal Sikka says he would look at building the company’s artificial intelligence (AI) offerings as a standalone business, independent of the traditional services, to help build next generation applications for its customers. “It makes sense to have…
Read More Infosys Steps Up Push For AI Business, Says Vishal Sikka
India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts…
Read More Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
India's large outsourcing firms may be hesitant to give a verdict on policies of President-Elect Donald Trump when he gets into office, thanks to his anti-immigration and anti-outsourcing rhetoric that helped him win elections. But Gopi Natarajan, chief executive of…
Read More Omega Healthcare Bets On Trump Presidency To Bring Growth, Offshoring
SAP has launched new technology solution for corporates, which gives analytical information to C-suite executives that can help make decisions in real time. Taking the help of Amazon’s Alexa, a voice service that helps humans interact with machines, the solution…
Read More SAP Launches Solution To Help Firms Make Real-Time Decisions
Catch Rajesh Janey, President and Managing Director, Dell Enterprise India, Dell EMC in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & Group CEO, Greyhound Research on our executive dialogue series, #ONTrigger. In this dialogue, Rajesh chats with Sanchit…
Engineering and industrial design services provider Tata Elxsi, a Tata Group company, plans to buy smaller companies in areas such automotive, media and healthcare, helping it grow business faster. The over Rs1,000 crore company has built capabilities to provide niche…
Read More Tata Elxsi Plans To Drive Growth Through Acquisitions
Reliance Industries is gearing up to enter the software services business and plans to take on India's IT giants, as the energy-to-telecom conglomerate taps the growing potential of the industrial internet. "If Jio is providing the connectivity and Reliance is…
Read More Reliance Plans To Take On India’s IT Giants With Its Software Biz Foray
Bangalore-based Infosys on Friday announced that it has invested Rs 14.5 crore (DKK 14,920,000) in a Danish-based artificial intelligence start-up UNSILO. The investment is done through Infosys innovation fund. “Directionally this is a brilliant investment given the fact a lot…
Read More Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up
