India's information technology (IT) spend is projected to touch $176.3 billion in 2026, rising 10.6 per cent from 2025, and outpacing the 9.8 per cent growth expected globally, according to the latest forecast by Gartner Inc., a business and technology insights company.
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
India to be 2nd largest IT market in APAC by 2019: Gartner
A tablet has larger displays than mobile phones and usually have user-friendly touch interface.
Global IT research major Gartner Inc is buying out IT consulting firm META Group for $162 million, in an all-cash transaction at $10.00 per share.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
Indian PC players HCL, Zenith, Wipro and PCS put together managed just 14 per cent of desktop PC sales in the country and another 6 per cent of laptop sales In the first half of this year.
Israel has already lost 3,500 jobs to India in the hi-tech sector and stands to lose more with local companies preferring to outsource part of their work, the Gartner group, a leading technology research company, said.
Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.
The global sales of mobile phones surged 35 per cent to 417 million units in September quarter, fuelled by a strong market for smart phones, according to research group Gartner.
Tata Consultancy Services (TCS) - the largest information technology (IT) services provider in India and the second-largest globally - recently set an ambitious goal of $50 billion in revenue by 2030. The growth required to reach this goal, however, is lower than the company's own standards. In the past decade, TCS revenues, or net sales in US dollar terms, have grown at a compound annual growth rate (CAGR) of 9.5 per cent, from $10.2 in 2011-12, to an expected $25.3 billion during 2021-22 (FY22), based on its revenue trend in the first nine months of FY22.
Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
The second quarter of FY22 continued to show double digit growth for the top four IT services providers, with every vertical and geography growing well, even though the total contract value (TCV) looked soft for all the players. The trend was first evident in Accenture's Q4 numbers, which saw its TCV in outsourcing deals softer. A soft TCV does not mean that growth is declining, but it does point to the trend of few and scarcer mega deals.
Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion
According to outsourcing advisors and experts, while almost half of the deals are likely to see delay, the others are expected to be renewed at a lower price as enterprises ask for discounts in roll-over contracts.
It's the second time Nasscom has projected single-digit growth in a decade.
According to research firm Gartner, the budget tablet category is expected to reach 182 million end-user devices by end of 2013, it said.
The ban in India would hit Chinese internet companies that were making headway in the world's fastest-growing mobile market.
The Ola Money and Uber tie-ups demonstrate how insurance companies, including even government-run ones, are forging partnerships with every possible service company to offer products.
Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.
More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
Chipmaker Intel, which last week announced a partnership with watches and fashion accessory retailer Fossil Group to develop wearable devices, is scouting for manufacturers to launch such devices in India.
The US is the biggest market for the outsourcing industry.
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
The telecom industry is moving towards a five-plus one model.
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
Industry analysts were broadly excited at the prospect, but sceptical that it could produce a working model at a mass-market price that soon.
With big dreams and high hopes of earning lakhs or even crores, more and more youngsters are getting into software development for smartphones.
'I want to leave behind the bank stronger and better than when I took over.'
