'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
Prime Minister Narendra Modi is promoting India as a global hub for digital infrastructure and artificial intelligence, highlighting the government's incentives for data center investments and inviting the world's data to reside in India.
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
'We frequently discuss AI, but we're waiting for other countries to develop solutions rather than creating intellectual property ourselves.' 'We haven't yet produced comprehensive AI solutions developed in India for global markets.'
Earlier this year, Tata Consultancy Services, the country's largest software exporter, launched iOn, a cloud computing service for SMBs.
Microsoft chairman and CEO Satya Nadella on Tuesday said there is a tremendous momentum in cloud adoption, as he termed cloud a "big game changer". Nadella, who is currently in India, addressed Microsoft Future Ready Leadership Summit in Mumbai on Tuesday. He is also scheduled to visit Delhi and Bengaluru this week, and will be meeting key customers, startups, developers, educators and students during his India visit.
It stands for technology that helps an organisation to place its applications and data on the Internet.
With demand for information-technology (IT) services in North America still sluggish, Europe has become a source of optimism for Indian companies because it is delivering steady gains over the past two years and continuing to outperform in the latest quarter. Yet analysts caution a full-scale revival will require a rebound in the United States (US), particularly in manufacturing, retail, and BFSI (banking, financial services, and insurance), because Europe contributes only about a third of the revenues.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
Reliance Industries (RIL) annual general meeting (AGM) had several stunning announcements. RIL looks to list Jio Platforms (JPL) by June 2026. It targets doubling of FY22 earnings before interest, taxes, depreciation and amortisation (Ebitda) (Rs 1.25 trillion; $14.6 billion) by FY27 implying 14.7 per cent compound annual growth rate (CAGR) over the FY22 levels.
Within days of announcing mega investments for building in Hyderabad its second data centre cluster in India, Amazon Web Services (AWS) on Monday said it is excited about the India market, where cloud adoption offers massive headroom for growth. Pledging its long-term commitment to the India market, AWS, Amazon's cloud computing unit, said it expects global uncertainties to accelerate the decisions by companies to opt for flexible, on-demand cloud infrastructure to pare costs, gain efficiencies and drive business innovation. "Cloud reacts well to uncertainty," Puneet Chandok, president - commercial business, AWS India and South Asia, Amazon Internet Services Pvt Ltd (AISPL) told PTI.
The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.
Microsoft is taking the fight with its cloud computing rival, VMware, to a new level, with the launch of Systems Center 2012 that includes a new pricing structure and integrates eight separate component products into one unified solution, streamlining installation and reducing the time it takes to deploy from days down to hours.
...compared with 153,000 in all of 2024.
Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.
Tata Consultancy Services (TCS), the country's largest information technology (IT) services provider, has planned to launch what it terms 'SME Cloud' in a fortnight. Under which, it would provide hosted services for enterprises having a Rs 50-500 crore turnover.
Andhra Pradesh's IT and Electronics Minister Nara Lokesh has pitched port city of Vizag in his state for setting up a data centre to Google Cloud CEO, saying the new government in the state has taken various initiatives for supporting industry that will help it transform into a cloud infrastructure hub. The state is focused on setting up data centres in Visakhapatnam and the minister invited Google Cloud to establish its data centre in the port city.
The Big Four accounting firms have increased the hiring of people from technology backgrounds in India amid an increased focus of clients on digital transformation, especially after the Covid-19 pandemic. EY India said that it has expanded its overall tech talent pool by 3x in the last three years across service lines including consulting, tax, assurance, and strategy & transactions. "Today over 50 per cent of our workforce is from STEM (science, technology, engineering and mathematics) and technology background," it said, adding that it continues to hire significantly in the areas of AI, cloud computing, data analytics and cybersecurity to help its clients in transformation.
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
As Tata Consultancy Services (TCS), gets ready to lay off about 12,261 employees from its global workforce this year, here's what it means for your career.
Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.
Across all sectors, the future of work depends on adaptability.
With the emergence of cloud computing, Microsoft has a real opportunity in India.
Cloud computing facilitates sharing of technological resources, software and digital information.
Nikhil Anand, senior vice president, operations, at NLB Services explains why professionals who are adept at data, cloud computing and cybersecurity will earn well in 2024.
Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.
A serial entrepreneur's vision to drive PC adoption in India promises to bring computing power to every household through the innovative use of cloud computing.
On Engineers' Day Vijay Mhaskar, vice president, Information Management Group, Symantec, shares his insights on how India can offer innovations in the sunrise sector of cloud computing
rediffGURU Chocko Valliappa offers advice on how you can pick the right course and career.
'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'
Google plans to invest $15 billion over the next five years in setting an artificial intelligence hub in Visakhapatnam, a senior official of the company said on Tuesday.
Cloud computing, which is Internet-based, facilitates sharing of technological resources, software and digital information.
Around 72 per cent of employers in India intend to hire freshers in the second half of 2024, according to a report released by TeamLease EdTeach on Wednesday. The report titled 'Career Outlook Report HY2 (July-December 2024), based on a survey of over 603 companies across India conducted between April and June 2024, indicated a positive trend in the job market for new graduates.
rediffGURU Chocko Valliappa offers crucial career advice to engineering aspirants.
The company's buy of Concur will strengthen its position in cloud computing
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
With over 1.7 million vacant cloud computing jobs, the future is bright for candidates with the right skills and experience, says Bhavesh Goswami, founder and CEO, CloudThat Technologies.
Computer science has been an evergreen choice among engineering aspirants. However, with the rise in AI, students are increasingly realising the potential of automation and robotics.
China's Tianhe-2 supercomputer, stated to be twice faster than its competitor in US has retained its status as the world's most powerful computer for the third time, according to a report.
While IITs have a reputation of their own, companies like Google, Microsoft, Amazon and Adobe prefer IIITs over most NITs for software roles due to their specialised training, says rediffGURU Mayank Chandel.
