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
Catch Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research, in discussion with Ivor Soans, Editor - Special Features, Bloomberg Quint and Subram Natarajan, Director of Customer Engineering at Google Cloud. From multi-cloud strategy, super cloud to cloud buying…
Catch Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research, in discussion with Ivor Soans, Editor - Special Features, Bloomberg Quint and Subram Natarajan, Director of Customer Engineering at Google Cloud. From multi-cloud strategy, super cloud to cloud buying…
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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
Catch Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research, discuss with CIOs from Automobile, Manufacturing, ITeS about using a geo-distributed data centre environment to ensure a future-ready technology architecture. The following leaders attended this power panel: Abhinav Srivastava,…
Catch Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research, in discussion with John Varughese, Head - IT & Digital Banking, Dhanlaxmi Bank. In this chat, Sanchit talks to John about the changing Data Centre Architecture and the importance…
Read More Geo-Distributed Data Centre Architecture Key To Offering Digital Banking Services
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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…
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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
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
