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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,…
Read More Wyde Pitches For The Trillion-Dollar Insurance Market
Reliance Industries is gearing up to enter the software services business and plans to take on India's IT giants, as the energy-to-telecom conglomerate taps the growing potential of the industrial internet. "If Jio is providing the connectivity and Reliance is…
Read More Reliance Plans To Take On India’s IT Giants With Its Software Biz Foray
Bangalore-based Infosys on Friday announced that it has invested Rs 14.5 crore (DKK 14,920,000) in a Danish-based artificial intelligence start-up UNSILO. The investment is done through Infosys innovation fund. “Directionally this is a brilliant investment given the fact a lot…
Read More Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up
The bitter boardroom battle at Tata Sons is unlikely to impact operations of the USD 100-billion conglomerate's crown jewel TCS, but if its chief N Chandrasekaran is elevated to the top at the group level, it could be a blip…
Read More Tata-Mistry Spat Unlikely To Hit TCS Operations: Analysts
Republican candidate Donald Trump just two days ago during his election rally had strongly criticized technology giant IBM for laying off 500 staffs working at Minnepolis located on mid-western US state of Minnesota. During his rally, Trump also had said…
Read More Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump
A visiting British Prime Minister is skipping a pilgrimage to local software companies in Bengaluru for the first time in over fifteen years. Instead, Theresa May has a trip to Dynamatics Technologies, an aerospace and hydraulic pumps manufacturer, which has…
Read More Theresa May To Skip Visit To IT firms In Bengaluru As UK Turns Protectionist
The recent change in UK visa rules announced today which created a panic among Indian IT professionals might not have a significant impact, according to experts in the industry. The UK may not be a sizeable market for India compared…
Read More UK New Visa Rules: Calm Down Folks, Indian IT Firms Won’t Be Affected
The UK government has decided to increase yearly salary threshold for technology professionals applying for visa by 44 per cent. Under the new visa rules announced last evening by the UK Home Office, anyone applying after November 24 under the…
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
The Royal Bank of Scotland’s decision to shelve its IT deal with Infosys may have hit the Indian company’s stocks on Tuesday but the development could have a ripple effect on many such projects for the IT sector and result…
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…
Read More HCL Technologies Eyes 20% Revenue From Digital Play By 2020
About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these…
Read More “The World Better Be Ready For Automation”: Ganesh Ayyar Of Mphasis
Even as investors at Mu Sigma keep a close watch on the recent developments within the company, there is a possibility of bringing in professional mangers at the helm of affairs. “In all likelihood, an external professional management will be…
Read More Investors Keep A Close Watch As Mu Sigma Founder-couple Splits
The vision plans laid out by Infosys and Wipro, which involves doubling their revenue in five years, face several challenges — from employees having to think differently, to achieving scale in new business areas. Sometime in early 2008, TCS laid out…
In this era of globalization, competition is increasing in every field. In India, jobs in IT sector are multiplying day by day and the craze among the employees to go abroad is on a high note. “When companies such as…
The National Association of Software and Services Companies (Nasscom) rejected NR Narayana Murthy's comment wherein he called Indian IT firms as behaving like "immigration agents." Sanchit Gogia, chief analyst and CEO, Greyhound Research, explained that the Indian services model is just not…
Read More Nasscom rejects Murthy’s ‘immigration agents’ comment on Indian IT firms
N R N Murthy, co-founder Infosys, may have stirred up a hornet's nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa's did not yield the…
Read More Nasscom rejects Murthy’s comment calling Indian IT firms immigration agents
N R N Murthy, co-founder Infosys, may have stirred up a hornet's nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa's did not yield the…
Read More Nasscom rejects Murthy’s comment calling Indian IT firms ‘immigration agents’
When Nirmal Jain, an IBM employee, was about to be sent to Jordan on his first onsite posting, his family had serious concerns about security. However, for Jain, now 24, it was a blessing in disguise. IBM paid him a…
It’s not often that one comes across a young, new-age Research & Advisory firm which does not believe in pay-to-play, but dares to say things as they are. A firm which has not just survived but thrived, while staying fiercely…
Read More One Small Step For Me, One Giant Leap For #WorkforceTech
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…
Read More Is TCS losing the race because of slow digital growth?
2015 was a particularly eventful year for contentious debates surrounding H1B visas within the context of Indian IT services firms. The last bit of acrimony which had US tech workers fuming was the replacement of IT workers at Disney as…
The startup boom in the country is propelling a parallel IT services industry. While established technology companies such as Infosys and Tata Consultancy Services largely cater to overseas customers, upcoming firms are focusing on India, quenching the domestic demand for…
Read More Thanks to startup boom, new IT services providers born in India
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…
Read More IT Industry invests in innovation to adapt to changing marketplace
Vodafone India has started talks with software major IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016, while also sounding out Wipro, Tata Consultancy Services, Infosys and Tech Mahindra,…
Read More Vodafone in talks with IBM to renew ₹6600 Cr outsourcing contract
Vodafone, one of India's top telecom operators, is now in talks with the software major IBM for the renewal of a $1 billion outsourcing contract that will expire in June next year. The mobile network operator outsources services like management of…
Read More VodafoneIn has a new ally in IBM for a whopping $1 bn deal
Infosys manged to beat street expectations on Monday (12 October) but CFO, Rajiv Bansal, quit after a three year stint. He was brought in by Narayana Murthy, the Chairman Emeritus of Infosys, to revive an ailing company. But since then…
Read More Despite Beating Expectations, Infosys Falters As CFO Quits
The country’s second largest IT services exporter, Infosys, is set to hire up to 1,000 engineers in FY16 as it ramps up its product business, which is targeted to exceed $1 billion in revenue by 2020. This is part of…
Read More Infosys to add 1000 engineers to Software products team in FY16
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…
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…
