Big Local Tech Buyers Push IT Vendors For Rate Cuts

Indian companies are asking their information technology vendors to pass on the benefits of automation and improving technology in the form of rate cuts and outcome-based pricing, highlighting the need for Indian IT players to speed their move away from…

Blackstone In Race To Acquire Serco’s BPO Unit

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…

Enterprise Mobility – Value Lies In Data, Not Device Alone

Times have changed, and so has how we use smartphones. From their earlier simplistic use of fetching email and contacts, smartphones are now the powerhouse for consumers and business users who use mobile gadgets for accessing applications and surf the…

Blackstone In Race For Serco’s Bpo Arm

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. “Blackstone’s entry in the bidding is…

Blackstone In Race To Acquire Serco’s BPO Unit

Private equity giant Blackstone is in the race to buy the Indian BPO unit of Serco as the London-listed group scouts for a new owner for the outsourcing firm it acquired four years ago. According to sources, Serco is in…

Eyeing The Smart City Pie

A smart city is definitely much more than the ICT deployed in it but at the same time there is no doubt that it is the ICT solutions that go into making of the city and turning it smart for…

PE Firm Blackstone May Buy Back Intelenet

Private equity giant Blackstone has made an offer to buy back the Indian BPO unit of the London-listed Serco, as formal bids were fired last week for the asset put on the block, people familiar with the matter said, according…

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya May Be A Good Idea

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…

Infosys Buys US-Based Panaya For $200 Million

Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…

Infosys’ Panaya Buy Furthers Vishal Sikka’s New Tech, Automation Bets

Infosys on Monday announced the acquisition of US-based software automation technology firm Panaya for $200 million in an all-cash deal. This is the software major’s first acquisition after Vishal Sikka took over as the CEO in August last year. Panaya is…

Infy To Buy Panaya For $200M

Infosys will acquire US-based automation technology company Panaya for $200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about $350 million (Rs 1,932 crore)…

Infosys Acquires Automation Tech Firm Panaya For $200 Million

Infosys, on Monday, announced that it had signed a definitive agreement to fully acquire U.S.-based automation technology provider Panaya for an enterprise value of $200 million. This is the company’s second largest acquisition after it acquired Zurich-based consulting company in 2012…

Infosys To Buy US Automation Tech Firm Panaya For $200 MN

In keeping with its new chief executive officer, Vishal Sikka’s vision of being more digital and introducing more automation, India’s second-largest software services exporter Infosys Ltd said on Monday it will buy automation technology company Panaya Inc. for about $200…

$200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya Makes Good Sense

Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…

Infosys To Buy Automation Tech Firm Panaya For $200 MN

Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore). The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after…

Watch Sanchit Vir Gogia talk on Missed Call Economy on BBC World

There are more than 900 million mobile phone users in India - but most of them are on a tight budget and so they do what they can to keep the costs down. Companies have found a way they can…

Watch Sanchit Vir Gogia talk on Missed Call Economy

There are more than 900 million mobile phone users in India - but most of them are on a tight budget and so they do what they can to keep the costs down. Companies have found a way they can…

Boost Productivity, Increase Uptime And Lower Costs With Centralized Infrastructure

As organizations look to lower costs and enable uninterrupted global productivity, the focus has been on centralizing those systems and tasks that require highly specialized skills. Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, believes that centralized IT…

Greyhound Standpoint On Top Expectations Of IT Head Honchos From Budget 2015-16

GST – Clarity on place of supply rules Greyhound Standpoint - While the government has floated a bill for common goods and service tax (GST) across the country last month, contemplation's appear with respect to various aspect of GST design including price…

IT Industry May See Muted Growth In Fiscal 2016

The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…

Nasscom Sees Flattish Export Growth Next Fiscal At 12-14 Per Cent

The National Association for Software and Services Companies expects Indian IT exports to grow 12-14% in FY16, after the industry marginally missed its growth forecast for the current financial year. The projected growth is slower than last year, raising concerns on…

IT Industry May See Muted Growth In Fiscal 2016

The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…

Google Takes Android One Outside India, Launches Handset In Indonesia

Google has taken its Android One initiative outside India with a launch in Indonesia in partnership with Spice Mobility's local brand Nexian and two other handset makers, Evercoss and Mito. This comes at a time when the US search giant's Indian…

What Satya Nadella’s Year In Charge Meant For Microsoft’s India Unit

When Satya Nadella was named to head Microsoft Corp. on 4 February last year, there were expectations that he would boost its already strong enterprise business and research and development units in Hyderabad and Bengaluru, given his Indian roots and…

Alibaba Arm Buys 25% In Paytm Parent For $700 M

When Jack Ma visited India in November, he said he was keen to do business with companies here. In just two months, the Chief Executive Officer of Alibaba has made good his intention by taking a 25 per cent stake…

How CIOs Can Build A Successful BI Strategy

With Business Intelligence (BI) fast becoming a top priority for most enterprises, achieving RoI through BI implementation has come as a major challenge for IT leaders. While many CIOs plan to invest in BI in near future, most of them fear…