Infosys’ Panaya Buy Furthers Vishal Sikka’s New Tech, Automation Bets

Infosys on Monday announced the acquisition of US-based software automation technology firm Panaya for $200 million in an all-cash deal. This is the software major’s first acquisition after Vishal Sikka took over as the CEO in August last year. Panaya is…

Infy To Buy Panaya For $200M

Infosys will acquire US-based automation technology company Panaya for $200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about $350 million (Rs 1,932 crore)…

Infosys Acquires Automation Tech Firm Panaya For $200 Million

Infosys, on Monday, announced that it had signed a definitive agreement to fully acquire U.S.-based automation technology provider Panaya for an enterprise value of $200 million. This is the company’s second largest acquisition after it acquired Zurich-based consulting company in 2012…

Infosys To Buy US Automation Tech Firm Panaya For $200 MN

In keeping with its new chief executive officer, Vishal Sikka’s vision of being more digital and introducing more automation, India’s second-largest software services exporter Infosys Ltd said on Monday it will buy automation technology company Panaya Inc. for about $200…

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…

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…

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…

What Satya Nadella’s Year In Charge Meant For Microsoft’s India Unit

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…

How CIOs Can Build A Successful BI Strategy

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…

MicromaxYU Vs Everyone Else

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.…

Mindtree Q3 profit up 58.5%, beats market expectations

Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…

Mindtree Q3 profit up 58.5%, beats market expectations

Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…

Mindtree buys US firm Discoverture for $15 m

Mindtree has reported good third quarter profits and is confident that it will beat the upper band of Nasscom’s 13-15 per cent guidance for this financial year. The Bengaluru-based mid-size company posted a net profit of 140.8 crore in the…

Top Trends Influencing Healthcare IT In 2015

The healthcare landscape is undergoing substantial changes as systems are being driven by rapid advances in mobile platforms, health information technology, and social media. Sanchit Vir Gogia, Chief Analyst and Group CEO, Greyhound Research states that with the emergence of…

Big Data Impacts One And All

To serve a growing customer base and better manage the client experience across all customer touchpoints, organisations are moving away from siloed transaction-oriented systems – such as enterprise resource planning (ERP), customer relationship management (CRM) and dealer management systems –…

Catch Greyhound Research as a Jury in the IBM HackFest

What is the event all about?  How can you reach over 243 million Indian online users? By joining the IBM HackFest Virtual Hackathon. Choose from one of three themes: Finance/Technology, Entertainment or Social Good. Create an awesome hack, alone or…

#GreyhoundInMedia: 20 Cost-Conscious Tips for Global Businesses Working with Multiple Vendors #Press #Media #CIO.com

You can’t become a great IT pro without breaking a few metaphoric networking eggs. It would be great if all these mistakes happened in a sandbox environment. Unfortunately, they often happen during business operations. “As organizations are increasingly delegating control…

#GreyhoundInMedia: Is Microsoft axing the ‘Nokia brand’? #Press #Media #Voice&Data

Microsoft’s recent announcements of doing away with Nokia X series, Nokia Asha 40 series smartphones, Nokia McLaren and other budget phones, and over 50% layoffs in Nokia have put the handset major’s future under a question mark. When Microsoft acquired Nokia‘s…

#GreyhoundInMedia: Dial D For Data #Press #Media #HealthcareExecutive

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The Need For Traditional BI Approaches To Supplement Big Data Approaches

  About The Author: Sanchit Vir Gogia is the Chief Analyst & CEO of Greyhound Research, an independent IT & Telecom Research & Advisory firm. He also serves as Founder & CEO of Greyhound Knowledge Group that operates under four brands…

#GreyhoundInMedia:20 of the Most Painful Lessons IT Pros Had to Learn the Hard Way #Press #Media #CIO.com

You can’t become a great IT pro without breaking a few metaphoric networking eggs. It would be great if all these mistakes happened in a sandbox environment. Unfortunately, they often happen during business operations. While learnings from these mistakes are invaluable,…

#GreyhoundInMedia: Airtel chops IBM contract in half, comes full circle with its IT strategy #Press #Media #ZDNet

Recently Bharti Airtel signed a new deal with IBM for its IT needs that sent shockwaves through the IT industry and signaled a whole new era, not just for the Indian telecom giant, but in how relationships between telecom and IT may…

#GreyhoundInMedia: A CIO’s metamorphosis from IT enabler to strategic business leader #Press #Media #FirstBiz

While the CFO has the liberty to look into matters only concerning finance and the CMO can concentrate on marketing, the CIO has, of late, lost the liberty to focus on matters concerning only IT. The lines have blurred and…

70% Organizations Use Mobility in Emerging Markets

Greyhound Research has announced a new study on Enterprise Mobility. The study deals with how business leaders are increasingly demanding access to enterprise applications on mobile. More than 70 per cent of the organizations Greyhound interviewed stated to have plans…

#GreyhoundInMedia: 70 percent of organizations in emerging markets have plans for mobilizing enterprise apps: Greyhound Research study #Press # Media

The study finds that although enterprise mobility is emerging as a key priority for organizations, 50 percent of IT decision makers are unclear about the best approach to source mobility applications and manage security. Greyhound Research today announced a new study…

70% enterprises in emerging markets embrace mobility: Survey

More than 70 percent of the organisations have plans to spend on projects for mobilising enterprise apps – while apps like CRM, BI and HCM are gaining traction on the mobile, traditional apps like email and calendaring continue to be…

Enterprise Mobility – Value Lies in Data, Not Device Alone!

Times have changed, and so has how we use smartphones. From their earlier simplistic use of fetching email and contacts, smartphones are now the powerhouse for consumers and business users who use mobile gadgets for accessing applications and surf the…

Enterprise Mobility – Value Lies in Data, Not Device Alone!

Times have changed, and so has how we use smartphones. From their earlier simplistic use of fetching email and contacts, smartphones are now the powerhouse for consumers and business users who use mobile gadgets for accessing applications and surf the web.…

#GreyhoundInMedia: Oracle’s victory over Google on API copyright may impact software development #Press #Media

Excluding APIs from copyright protection key to development of the Internet. Technology major Oracle’s victory over Google in a recent lawsuit over copyrighting Application Programming Interfaces (APIs) may cause additional problems to software developers and impact how various IT systems interact…

IBM’s deal with Airtel can touch $1 bn in next 5 yrs: Analyst

Tech giant IBM‘s deal with India‘s largest private telecom operator, Airtel, to manage its infra and application services is expected to touch USD 1 billion in the next five years, research firm Greyhound said today. The firm also estimates that the current size…