Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast

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…

TCS Needs To Reinvent Under New Leadership Of Krithivasan: Experts

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…

PE Investments In Data Centres Grow Fivefold YoY, Reach $2.2 Bn

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…

Broadcom Acquires VMware For $61 Billion In Second-Biggest Deal Of 2022

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…

Indian IT Companies Pull Plug On Russia

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Microsoft Plans To Establish Its Largest India Data Centre Region In Hyderabad

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…

Sify To Invest ₹1250 Crore To Generate Green Power For Data Centers

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IBM Unveils Cyber Security Hub In Bengaluru

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…

Revenue Forecasts Of IT Firms Signal High Demand For Cloud

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Data  Centre  Boom To Spur  Talent Race

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Infra Status For Data Centre Biz To Spur Growth, Say Experts

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Infosys Raises FY21 Forecast As Digital Service Biz Booms

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IBM Business Split: One-Fourth Of India Staff May Be Part Of New Entity

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…

IBM Splits Into Two – Initial Thoughts By Greyhound Research

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…

Cloud Computing Is Betting On Outer Space

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Why Microsoft Closed Its Experiential Stores

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IBM May Cut Office Space In India By Half: Report

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IBM Plans To Reduce Office Space By Nearly Half In India

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How Ramdev’s Patanjali Ayurved Made A ‘Secret’ Tech Entry With Its Own IT Start-up

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IBM Advances Watson’s Ability to Understand The Language of Business

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Infy’s Nia Wants To Build On Scale After A Chequered Past

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Infosys Sees A Billion Dollar In The Cloud

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This Time, Microsoft Will Ensure ‘Cloud’ Is Not Just A Pie In The Sky

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Nadella Pins Hopes On Jio Partnership To Help Propel India Forward

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Digital Businesses Lead India, Says Microsoft’s Maheshwari

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Microsoft CEO Nadella To Woo India Inc With Tech To Drive Transformation

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Microsoft’s Nadella To Engage With Indian Industry, Government During Visit

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Microsoft Azure Is The Swiss Army Knife Of Cloud, Not Just A Knife

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Microsoft Reports More Than $1 Billion In India Revenue

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