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Tag: Automation
In 3 Years, Sikka Helps Buoy Infosys Profit
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IT Industry Stares At Jobless Growth
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Data Centre & Compute Modernisation: Critical Success Factors In Digital Transformation Agenda
Digital Transformation is topping the priority charts not just with technology leaders but with CEOs and Boards alike. Findings from a recent Greyhound Research study titled, Global CEO Priorities 2017, tell this tale eloquently. Per the study, over 95% global…
Reskilling: Indian IT Sector Starts Massive Effort To Learn New Tricks
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Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether
American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level…
Read More Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether
Era Of AI: Infosys’ Mana Eliminates Need For Lawyers To Process Contracts
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
Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
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
With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being…
Read More With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
HCL Tech Q3 Net Up 7.8%, Co Maintains Full-Year Guidance
HCL Technologies on Tuesday reported a 7.8% rise in consolidated net profit at Rs2,070 crore for the third quarter ended December 31, 2016, as compared to Rs1,920 crore reported in the year-ago period. Anshoo Nandwaani, Vice President & Principal Analyst,…
Read More HCL Tech Q3 Net Up 7.8%, Co Maintains Full-Year Guidance
With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead
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
Flashback 2016: Year Of Uncertainties For IT Sector
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…
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Tough 2016 For IT, Tougher Year Ahead
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…
IT Companies Will Have To Prove Their Digital Narrative In 2017
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
Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
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
SAP Launches Solution To Help Firms Make Real-Time Decisions
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…
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Demonetisation: How TCS, Which Counts RBI & Other Banks As Clients, Changed Back-End Systems Overnight
Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…
Wyde Pitches For The Trillion-Dollar Insurance Market
While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…
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Demonetisation: How Infoscions Are Coping With Change
When Vishal Sikka took over as the first non-founder CEO of Infosys, amongst the half-a-dozen initiatives he undertook there was one that went unnoticed. Employee identification cards were tweaked and a new technology-enabled facility was incorporated into the ‘dog tag’…
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Wipro Begins Monetising From Its Intra-preneurship Projects
India's third largest IT firm Wipro has begun offering solutions to customers from entrepreneurial projects of its employees in segments such as corporate treasury and software defined infrastructure. "I will not be surprised if monetization has already happened in Wipro…
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Infy Exits Show Challenge For Sikka In Biz Makeover
The exit of Sanjay Purohit, the seventh key executive to quit Infosys, shows the challenges its first non-founder chief executive Vishal Sikka is facing. Sikka, a former board member at business software company SAP AG, has been trying to push…
Read More Infy Exits Show Challenge For Sikka In Biz Makeover
HCL Technologies Eyes 20% Revenue From Digital Play By 2020
HCL Technologies, India's fourth largest software services company, expects digital, cloud, analytics, automation and internet of things (IoT) to grow faster than the traditional business segments, accounting for up to 20 per cent of revenues in next three to four…
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Is TCS losing the race because of slow digital growth?
A favourite among investors at one time, Tata Consultancy Services is fast turning into a mammoth that is failing to evolve with time as others are fast catching up on the increasing demand for digital. India’s largest software exporter’s enterprise…
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The Dealmaker – TechMahindra
When Vineet Nayyar joined Tech Mahindra (called Mahindra British Telecom), it was a mere $110-million company. Today, it has revenues close to $3.9 billion, and is the second biggest company in the Mahindra Group with a share of 23 per…
TechMahindra to rope in 20 execs for digital; poach Askme CEO Jaspreet Bindra
Anand Mahindra is seeking fresh blood to power his group's move to digital, and is on the prowl for 20 'high-powered folks' to make his seven-decade old auto-to-defence conglomerate more digitally savvy as Indian businesses go through a wave of…
Read More TechMahindra to rope in 20 execs for digital; poach Askme CEO Jaspreet Bindra
IT Industry invests in innovation to adapt to changing marketplace
Indian software companies may not be reporting the 25 to 30 per cent growth rates they had witnessed a few years ago - and probably will never again - but they are still making rapid strides on the back of…
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Restoring & Reinventing
On 20 august — which happened to be Infosys founder N.R. Narayana Murthy’s 69th birthday — the company CEO and managing director Vishal Sikka announced a new set of services, ‘Aikido’. Named after Japanese martial art that is about defeating…
Jaspreet Bindra to helm Mahindra Group Ecommerce Plan
The Mahindra Group is drawing up a digital and ecommerce strategy and has hired Jaspreet Bindra, an angel investor and former CEO of Askme.com, to helm the initiative, as India's oldest business houses begin to seriously tap technology. "Certainly, digital…
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Jaspreet Bindra to helm Mahindra Group’s digital, ecommerce plan
The Mahindra Group is drawing up a digital and ecommerce strategy and has hired Jaspreet Bindra, an angel investor and former CEO of Askme.com, to helm the initiative, as India's oldest business houses begin to seriously tap technology. "Certainly, digital…
Read More Jaspreet Bindra to helm Mahindra Group’s digital, ecommerce plan
Sikka Spins Infosys Into A Digital Company
There is a change brewing in Infosys. Under Vishal Sikka's direction there are a few things that are already presenting themselves as fresh and innovative. But can Infosys become the pioneer of automation without losing its tag as a great…