Infosys Sees Big Opportunity In Cloud And Cybersecurity

With Salil Parekh set to take charge of Infosys from January next year, the software major is betting big on cloud computing and cybersecurity to reignite growth. India’s second-largest software exporter, since its initial days, thrived on getting technology projects for Fortune clients, which involved writing or maintaining software codes for these companies.

Blockchain-Based Solutions, Key To Infosys’ Finacle Growth Plans

With its recent acquisition of UK-based design firm Brilliant Basics, Infosys has managed to bag banking deals for its Finacle product, which could give a much-needed fillip to its platforms business. Sanat Rao, Chief Business Officer and Global Head of Finacle, told BusinessLine over the telephone that the software major was able to get orders from three banks recently, including two in West Asia and one in the US.

Busting The Myths of Artificial Intelligence

Conversations on Artificial Intelligence (AI) range from the extremely progressive views on the possibilities it offers to the other side of the spectrum where the chatter is all humdrum and the fear of losing jobs to machines overtakes everything else. Well, the fact is, both perspectives are right and matter equally.

Google Searches For More Corporate Clients

With an aim to capture market share from Amazon and Microsoft, Google is luring corporates with its machine learning and AI technologies at attractive price points.

How The Oldest IT Company IBM Is Discovering Its India Story

A sense of excitement, of jumping into something green or greener, pervades right through IBM India offices today. The organisation is in the midst of transforming itself to focus on the Indian market. It is metamorphosing with the aim to grow the more profitable India business, even as globally IBM has reported 21 quarters of declining revenues.

How Apple Is Taking AI To The Masses

Engineers and product managers at Apple’s headquarters at Cupertino these days are obsessed with the idea of embedding artificial intelligence (AI) into every aspect of consumer’s digital touch points. That’s because Apple chief Tim Cook wants AI to be like air, all pervasive yet invisible.

Wipro Opens Data Discovery Platform For Businesses On Microsoft Azure

Wipro said it has made its cloud-based Data Discovery Platform available for customers on Microsoft Azure through a “pay-per-insight” model. To be hosted on Microsoft’s cloud computing platform Azure, the Data Discovery Platform is a big data analytics-as-a-service solution that can enhance the ability of businesses in sectors such as banking and financial services, retail, energy, education, and manufacturing to make better decisions using pre-built applications.

IT Industry Stares At Jobless Growth

IT services industry is staring at jobless growth because its top employers are focusing on automation to improve productivity and deliver services while they battle shifts in technology to remain profitable.

Reskilling: Indian IT Sector Starts Massive Effort To Learn New Tricks

How safe is the average Indian techie’s job? Between Donald Trump’s “Make America Great Again” push at one end and artificial intelligence-driven automation on the other, India’s most sought-after career for two decades is suddenly losing its appeal.

How IBM India Is Becoming Digital

Contrary to popular opinion, even technology companies have to invest continually to push digital so that they can innovate and stay relevant to their customers. International Business Machines Corp.’s (IBM’s) sharpening focus on digital is a case in point.

Realigning To New H1B Realities: Infosys Announces Hiring Plans For US

On May 2, 2017 Infosys announced plans to hire 10,000 American workers over the next two years. 

At Greyhound Research we believe, steps such as these by IT Services Providers eloquently tell a tale of the pressure they are experiencing under the new Trump administration.

Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether

American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level jobs that are being phased out by the tech majors, with automation, artificial intelligence and robotics paving the way to increased productivity.

Era Of AI: Infosys’ Mana Eliminates Need For Lawyers To Process Contracts

Infosys has deployed its artificial intelligence (AI) platform ‘Mana’ to process contracts for a bank in Asia that typically needed a team of 10-15 dedicated lawyers.

Symantec Ventures – Why It Matters To The Future Of Cyber Security Innovation

On March 2, 2017 Symantec announced the launch of Symantec Ventures – its latest effort to help startups by contributing capital, reducing expenses and accelerating time to market. Per the company, Symantec Ventures is the next step post its partnership with Frost Data Capital Partner in 2015. Initially while the company aimed to foster up to 10 Security and IoT Analytics startups per year, with Symantec Ventures it plans to further its investment in areas like Machine Learning and Security Analytics.

Google Bets Big On AI, Machine Learning To Crack The Cloud

Google is betting big on its dominance in machine learning and artificial intelligence to break into the cloud market.

IBM Chief Ginni Rometty Is Betting On A Cognitive World

If Google Inc. and Facebook Inc. dominate the online space with their machine learning, deep learning and suite of artificial intelligence (AI) technologies, International Business Machines Corp. (IBM) wants to go a step further and capture both the online and offline worlds with its cognitive computing platform.

AI Is Evolving Quick & Vendors Are Struggling To Find The Secret Sauce

Over the last 12 months, we at Greyhound Research, the Technology Transformation arm of Greyhound Knowledge Group, carried out hundreds of end-user enquiries on various aspects of Artificial Intelligence. These enquiries have ranged from questions on benchmarking AI vendors, understanding potential use cases, use of open source among other questions. Amidst a range of topics (reach out to our Client Centricity Team if you wish to know more details), one trend particularly stood out…

IT Companies Will Have To Prove Their Digital Narrative In 2017

Winter has set in, and yet, the biting icy winds do not stop New Yorkers from getting to work. At Liberty Street, inside the Times Inc. office, there are a couple of financial service providers and media companies talking about digital transformation.

SAP Launches Solution To Help Firms Make Real-Time Decisions

SAP has launched new technology solution for corporates, which gives analytical information to C-suite executives that can help make decisions in real time. Taking the help of Amazon’s Alexa, a voice service that helps humans interact with machines, the solution has been christened “Digital Boardroom”.

Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up

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.

HCL Tech Q2 Profit Jumps 16.7%; C. Vijaykumar Promoted To Top Post

HCL Technologies Ltd, India’s fourth largest information technology (IT) firm, on Friday reported that its net profit rose 16.7% year-on-year to Rs2,014 crore in the September quarter, fuelled by strong growth in its  infrastructure services business and improved margins.

The firm also announced the elevation of its chief operating officer, C. Vijayakumar, to the top position in the company and the acquisition of a US firm.

IBM Thinks Watson In Cognitive Mode

The technology platform, Watson, does hold a lot of potential for solving customer problems through its advanced analytics capabilities. But it needs to work in tandem with end-user organisations and may be a long way from commercial success in India

Analysts opine that Watson still had a long way to go in the India market.

Traditional ERP Companies Getting Into Real Time Analytics

Traditional ERP companies are beginning to offer real-time analytics, with an intent to help companies leverage data even on mobile phones. Traditionally, ERP systems have always been focussed on records and not enough emphasis was on the value of the information consisting in those records.

Companies trying to use bots in HR-related functions: Study

Chief Human Resources Officers (CHROs) are starting to pilot the use of bots in HR-related functions.

Thoughts About Bots In Human Capital Management and Beyond!

In a recent research note we highlighted a key trend about Chief Human Resources Officers (CHROs) piloting and implementing Workforce Empowerment Systems (WES) to win the war for talent. This trend was noted in our recent Greyhound Research study titled Global CHRO Priorities 2016, where we spoke to 750+ CHROs from across the globe.