Last week turned out to be quite intense for IBM. First came the news of its email migration project gone wrong and then Jim Whitehurst stepping down from his role as the President. Both this news caused enough and more stir…
Read More From Emails To Exits: The Week That Put IBM Back At A Crossroad
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With IBM Corp. splitting its business into two companies to build focus on hybrid cloud and artificial intelligence (AI), up to one-fourth of its India employees are expected to be part of the new entity, Arvind Krishna, chief executive officer, IBM said on…
Read More IBM Business Split: One-Fourth Of India Staff May Be Part Of New Entity
While the Greyhound Research team is working on a more in-depth commentary about the IBM Split, broadly, we believe this move mirrors the tough call that IBM took ages ago when it let go of its PC business and sold…
Read More IBM Splits Into Two – Initial Thoughts By Greyhound Research
The latest changes to the H-1B visa program introduced amid a tough US presidential election campaign are expected to directly affect technology companies, foreign workers, and employers who rely on these non-immigrant US visas. “IT services providers can expect delayed decision-making and…
Last night the US administration sent yet another shock wave to the Indian IT by announcing changes to the H1B visa program again. Amongst the broader posture of clamping down aggressively on the number of visas issued, the Trump administration has…
Read More Trump Takes Another Stab At H1B Little Realizing It May Cause More Harm Than Good
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The information technology (IT) industry is laying off thousands of employees across the globe and in India, on grounds of non-performance, lack of projects and rightsizing surplus staff as pressure mounts on firms due to an uncertain business environment. …
Read More IT Companies Resort To Layoffs As Pressure Mounts Due To Covid Crisis
The hunt for the right acquisition in the IT industry is expected to pick up pace as valuations are down to a historical low, with the possible merger of mid-tier players Mindtree and L&T Infotech playing out earlier than expected. …
Read More With Valuations At Historical Low, M&A Activity To Pick Up Pace In IT Industry
US President Donald Trump’s order restricting American federal agencies from hiring foreign workers, including those on the coveted H-1B visas, is likely to further squeeze Indian outsourcers as they work on many such projects either directly or as sub-contractors. …
As the proverbial light at the end of the Covid-19 tunnel increasingly seems like a mirage, with every day bringing new challenges, IT budgets are under increasing pressure. But companies are also spending on initiatives that will help them recover quickly…
Read More Companies Pivot To Digital Even As IT Budgets Are Under Pressure
In what could be a respite for Indian IT professionals and those working in the healthcare sector in US, the Trump administration has announced certain exemptions in H-1B and L-1 travel ban for those continuing employment with the same employer.…
Read More Some Relief For Indians As Trump Allows Certain Exemptions In H-1B, L-1 Ban
Roshni Nadar Malhotra, the only child of billionaire industrialist Shiv Nadar, has been named chairperson of HCL Technologies Ltd, India’s third largest information technology (IT) services firm, as part of a succession plan. “Roshni’s appointment means new blood and new…
Indian software services exporters are likely to gain from a steady shift in offshoring business of their global clients amid the upheaval caused by the coronavirus pandemic. With North America and Europe contributing as much as 60% of revenues, shifting business onshore will…
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An incentive policy for the private sector companies to set up data center parks in India will make it affordable for firms to store data locally vis-à-vis other locations such as Singapore and also prepare them for the deluge of…
Read More India’s Data Centre Plan In Anticipation Of Tsunami Of Data In Country
The government said it will come out with a policy to enable private sector build data center parks in the country at a time the segment is becoming a focus area for commercial real estate players. "It will enable our…
Finance Minister Nirmala Sitharaman’s proposal in the Union Budget to come up with a policy for setting up data centre parks would benefit tech services companies and attract foreign investments in creating the adequate infrastructure for all industry sectors, said…
Read More FDI To Increase, Indian IT Firms To Benefit From FM’s Data Centre Plan
India’s plan to invest Rs 8,000 crore over the next five years in the National Mission on Quantum technology and its applications comes at a time when the world is making bets on the emerging field that has potential impact…
Read More FM’s Rs 8,000 Crore Boost Will Help India Bridge Gap In Quantum Computing With US, China
CEO of Greyhound Research says that it is the right time for quantum investment as companies like IBM and Google are going to be investing a tonne of money and infrastructure assets towards Asia, in countries like Japan and Singapore.…
Read More Finance Minister Takes A Rs 8,000 Crore Quantum Leap
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