What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.
Gartner expects the growth to continue in the third quarter also owing to festive season and education buying, coupled with some more fulfilment of the Tamil Nadu government order.
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.
The revenue of Indian software market was at $4 billion in 2014.
The mobile subscriber base in India is set to exceed 771 million connections by 2013, growing at a CAGR of 14.3 per cent in the same period from 452 million in 2009, a study by research firm Gartner said.
Nareshchandra Singh, an IT analyst with global research and analyst firm Gartner, takes only a few seconds to reach his office from home.
The cloud market in India is expected to grow by 26% by the end of 2022.
India's prominence as an outsourcing hub is eroding with new locations including the Philippines and eastern Europe making their presence felt, a media report said.
Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.
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.
The revenues of the top 5 India-based IT services providers worldwide rose by over 13 per cent to $34.3 billion (around Rs 1,900 crore) last year from $30.3 billion in 2011.
'Gartner Inc predicts that by 2007 China will pull in $27 billion for IT services including call centres and back-office work, matching India,' Business Week said.
The late entrant is banking on rapid launches, focused distribution and higher localisation to get 5 million of the market this year. Will it succeed?
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
Indian external storage market in the first half of 2002 totalled $36.5 million ahead of Hong Kong, which had a revenue of $28.5 million, according to the Garter Dataquest's Asia-Pacific research.
By 2026, around 25 per cent of the global population may spend at least an hour a day on Metaverse. This will open the doors for many businesses, the NFTs market will spread, and Web 3.0 will attract more investment.
The domestic India BPO services market grew by 7.3 per cent year-on-year in 2009 primarily due to the global economic uncertainty which led to some price and volume pressures.
Gartner has forecast that revenue from BPO services within the domestic market will grow by 31.1 per cent from $521 million in 2009 to reach $683 million in 2010 and experience steady growth through 2014 to touch $1.6 billion by 2014.
The revenue from cellular services in India is projected to exceed $37 billion growing by 18 per cent annually till 2012, IT research and advisory firm Gartner Inc says.
Electronic equipment production in India will touch $32 billion in 2011, a compound growth rate of 18 per cent from the $14 billion in 2006, according to Gartner.
Money transfers and merchandise purchases are expected to account for about 71 per cent and 21 per cent respectively, of total transaction value in 2013.
The start of BHIM's declining share coincided with the launch of Google Tez in mid-Septem
As the TCS management claimed, growth is becoming broad-based with most of its verticals delivering either flat or positive growth in this quarter.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
This is an increase of 4% over 2014, ans will be fuelled by rising mobile users and availability of cheap smartphones.
India's IT services end-user spending grew by 8.2 per cent in revenue, which totaled $1.4 billion in 2002, according to research and advisory firm Gartner Inc.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
India, Nigeria, Russia and Saudi Arabia were the major countries where the service was launched.
Cellular services segment in India, the world's fastest growing wireless market, is expected to more than double to $25 billion by 2011, global consultancy and research firm Gartner has said.
PC shipments declined by 10.9 per cent to 76 million units in second quarter of 2013 from 85.32 million units in the same period last year, preliminary data by Gartner said.
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.
The Indian PC market, including desktops, notebooks and servers, grew by 34.6 per cent in the second quarter of 2004 while the country garnered 9.23 per cent share in the Asia Pacific region, IT analyst firm Gartner said on Thursday.
Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.
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