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Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…
DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…
Read More DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis
Vodafone Idea Ltd. (VIL), India’s top telecom operator, may miss an internal deadline of December 2018 to finalise new IT contracts, and is holding advanced talks with US software major IBM to finalise a multi-year deal by March end, which, some estimates suggest, could…
Read More Vodafone Idea Outsourcing Deal To Exceed USD 1 Billion for IBM India
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On January 4, 2017, IBM India named Karan Bajwa as the new Managing Director. He takes over the reigns from Vanitha Narayanan, who has now been appointed as the Chairman. Per the announcement, this change is effective immediately; both Karan and Vanitha will report…
Read More Whilst Transforming Clients, IBM India Must Also Transform Within
On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners. Sanchit Vir…
Read More India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment
IT industry's representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown. "This is clearly a reaction to Trump. But,…
Read More To Combat Market Slowdown, Nasscom Plans A US IT Show
India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts…
Read More Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
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
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 Ltd, the country’s fourth largest IT firm, saw its June quarter consolidated net profit rise by 14.8% to Rs.2,047 crore on account of broad-based growth across service offerings, and it expects 12-14% revenue growth in the ongoing fiscal.…
Read More HCL Technologies June Quarter Profit Rises 14.8% To Rs2,047 Crore
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
On 28 June, when Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India, it did nothing short of telling its competitors firmly, especially Microsoft and IBM, that it was stepping up its…
Read More Why AWS Announcement Heralds Public Cloud War In India
It’s not an easy task to choose a cloud computing services provider, especially when companies like Amazon Web Services Inc. (AWS), Microsoft Corp., International Business Machines Corp. (IBM), Hewlett-Packard Co., Dell Inc., Oracle Corp. and VMware Inc. are pulling out…
Read More Who Should Be Your Cloud Driver On The Digital Highway?
As a part of its commitment to invest $5 billion in India, Amazon on Tuesday launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud…
As a part of its commitment to invest $5 billion in India, Amazon has launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud provider position…
IT veteran Karan Bajwa, who was the Managing Director of Microsoft, is set to join IBM. Bajwa tweeted that he is a reborn IBMer. He was in charge of sales and marketing operations of Microsoft. According to Sanchit Vir Gogia, Chief Analyst…
On Tuesday, 28 June 2016, Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India. The new AWS Mumbai Region consists of two separate Availability Zones at launch. This news is part of the…
Read More AWS Announces New Asia Pacific Region – Here’s Why It Matters!
Tata Sons is looking at implementing a group-level acquisition strategy for some of its IT needs , as it focuses on gaining better value in its technology spending, two sources with knowledge of the matter told ET. "It will take…
Read More To grow in IT, Tata Sons looks inside for a new strategy
Alibaba is reportedly trying to cement its cloud business with plans to open a data center in India this year. According to Indian newspaper Business Line, China's e-commerce titan has plans to boost its cloud computing business in India likely through…
Read More Alibaba Eyeing Data Center in India to Take on Amazon, Microsoft
Chinese e-commerce giant Alibaba Group is poised to announce its India entry with a data centre. The Hangzhou-headquartered company, which is planning to enter the fledgling e-commerce market in India this year, probably through an acquisition, wants to set up a local data…
Read More Alibaba to set up India data centre to take on Amazon
After the entry of Microsoft and IBM in the public cloud data center market, and with more to follow, the CIO will have to be a connoisseur in weighing cloud options. Public cloud data center services: Indian vs foreign providers…
Read More India becoming the new battlefield for data center providers
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…
Indian IT services companies with software platforms could be forced to rethink their operational set up after the massive fine imposed by a Wisconsin federal jury against TCS. While TCS has denied the allegations of stealing healthcare software from American…
Read More How the TCS-Epic case could impact the IT services sector
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…
