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…
Read More Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast
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…
Read More TCS Needs To Reinvent Under New Leadership Of Krithivasan: Experts
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…
Read More PE Investments In Data Centres Grow Fivefold YoY, Reach $2.2 Bn
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…
Read More Broadcom Acquires VMware For $61 Billion In Second-Biggest Deal Of 2022
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…
Read More Google’s Ad Customisation Model May Not Find Takers
Two decades after it disrupted the way people listened to music, Apple has rung in the closing notes on the production of the iPod. Introduced in 2001, the first iPod was launched by Steve Jobs as the “quantum leap” for…
Read More Apple Rings In The Closing Notes On Its Iconic iPod
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,…
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…
Read More Going Private The Right Way For Twitter To Focus On User Growth And Revenue : 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…
Read More Free Speech Absolutist Elon Musk May Chafe At Laws Of Land, Say Experts
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
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…
Read More Tesla Tycoon’s Bid For Twitter Seen As Battle For Control
While the Tata Neu app by itself looked promising, industry experts remained divided on the scope of the super app model in India as complications related to draft e-commerce rules, data privacy and app stickiness comes to the surface. “If…
Share Using #GreyhoundStandpoint
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…
Read More Microsoft Plans To Establish Its Largest India Data Centre Region In Hyderabad
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…
Read More SAP Counts On Small, Medium Firms To Drive Cloud Business
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
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…
N Chandrasekaran has been reappointed by Tata Sons to continue as the Chairman for the second term of five years following Tata Group patriarch Ratan Tata expressing satisfaction on the progress and performance of the diversified conglomerate. “He was an…
Read More N Chandrasekaran Reappointed As Tata Sons Executive Chairman
Social media platform ShareChat’s parent Mohalla Tech (which also operates Moj) has entered into a strategic partnership with Times Internet-owned short video app MX TakaTak, operated by MX Media. The plan is to build India’s largest short video platform —…
Read More ShareChat Parent Enters Into Strategic Partnership; Will Buy TakaTak In $700-million Deal
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Despite Apple’s record-breaking results globally for the quarter ending on December 25, the iPhone maker saw flat quarterly growth in the Indian market. According to Sanchit Vir Gogia, Chief Analyst and Founder of Greyhound Research, “During the December quarter for…
Read More Apple Sees Flat Quarter In India, Even As Global Growth Breaks Records
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…
Read More LEAP Of Faith: IFFCO Moves Lock, Stock And Barrel To Oracle Cloud
Following outrage over a new app that puts out a list of Muslim women up for ‘auction’ along with their photographs, Union Minister for Electronics and IT Ashwini Vaishnaw on Sunday said the government is working with the local police…
Read More Police Looking Into App Targeting Muslim Women: Union IT Minister
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…
Read More Business As Usual For IT Companies Despite Omicron, Say Experts
