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…
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
Catch Sanchit Vir Gogia on a Power Panel at Nxtra Connect, a Digital Event Organised by Nxtra by Airtel. In this event, some of the finest technology leaders from the industry come together to talk about how geo-distributed data centres can enable…
Read More Catch Sanchit Vir Gogia at Nxtra Connect by Nxtra by Airtel
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
Billionaire Mukesh Ambani’s Reliance Retail Ltd plans to embed its e-commerce app JioMart into WhatsApp within six months, allowing the 400 million users of India’s most popular messaging service order products without having to leave the app, two officials aware of the…
In the past month, I have spoken to over two dozen contact centre decision-makers on how they have managed the floor during #COVID19 times - all have stated the need to invest in more technology as key for operations hereon…
Wipro’s chief executive Thierry Delaporte is moving away from an earlier initiative of accounting senior leaders for the work they do with clients.Instead, the new focus will allow them to drive teams to ensure faster growth. The plans may be…
#CounterpunchWithSVG crossed a significant milestone yesterday. In this year so far the series has garnered over 30,000 views from over 100 countries. More than anything else, I see this milestone as the best stamp of approval for this format and…
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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
This year’s e-commerce festival season sale, to be kicked off by Flipkart with its flagship ‘The Big Billion Days’ sale on October 16, followed by Amazon with its ‘Great Indian Festival’ sale on October 17, is expected to be a…
Read More Festival Season Sales: JioMart Set To Upset The Cart For Flipkart, Amazon
#CounterpunchWithSVG is now seven exchanges old and has been read more than 20,000 times from over 100 countries. I have had the pleasure of hosting some big names from the world of technology who have braved not only some straightforward…
Read More #CounterpunchWithSVG E08: Oracle Believes Its Cloud Is Like No Other. But Is It, Really?
The year 2020 has turned out to be a rather dramatic one so far. The COVID-19 pandemic has literally halted the world in its tracks. While parallels are being drawn to World War II, this pandemic is far graver and…
Read More #CounterpunchWithSVG E07: NTT Ltd. Is Experiencing Record Growth, But Is It Enough?
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The year 2020 has turned out to be a rather dramatic one so far. The COVID-19 pandemic has literally halted the world in its tracks. While parallels are being drawn to World War II, this pandemic is far graver and…
Read More #CounterpunchWithSVG E06: Red Hat Believes Open Hybrid Cloud Is The End Goal. But Is It?
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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
