'When it comes to enterprise context, there is a big lag between how fast technology is evolving and how it is getting deployed at the end of the day. That is where the challenge is going to be.'
Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.
Prime Minister Manmohan Singh will deliver the valedictory address on February 9
The IT-BPO industry in India has achieved impressive growth rates over the past decade and stood at $71.6 billion in 2009, said the report prepared by KPMG and Asian-Oceanian Computing Industry Organisation.
Som Mittal talks about the industry challenges, the next big disruption for the IT industry.
Indian investment bank Avendus Advisors on Thursday said that it is in the process of floating a $200 million India specific fund for investing in diversified sectors.
P V Sindhu said dealing with the rigours of training, disappointment as well as success is an ongoing process and an athlete must stick to it.
The government has given an 'in-principle' approval to the special incentive package prepared by the department of information technology for semiconductor manufacturing and other high-tech industries.
Paul Hermelin, group chief executive officer of Europe's largest IT services firm, Capgemini, is one of the earliest proponents of the offshoring model.
"We are looking for acquisitions," Infosys chief executive officer and managing director Kris Gopalakrishnan told reporters in Mumbai on the sidelines of the Nasscom India Leadership Forum on Thursday.
Union Minister for Communications and Information Technology, A Raja on Wednesday assured that the Indian IT sector that the ministry was doing its best to convince the government that the Software Technology Parks of India (STPI) scheme should be extended beyond 2009.
Kapil Sibal says there is a need to look at IT differently and not just as a cash cow.
IT major, Hexaware Technologies, plans to hire 400-500 fresh engineers in the current calendar year, a top company official said.
'If you really love your work and are good at it, it does not matter what is work and life.'
"When I look at a product like Zune, or other path-breaking applications like software on demand, I always wonder why these products could not come from India," said Anand Mahindra, vice-chairman and MD, Mahindra & Mahindra.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
The low-profile CEO started his new innings with the new year.
After two decades of being in the information technology business, India is still a 'toddler' with only 2 per cent of global market share, according to N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies Ltd.
In October, the company had announced that it will hire 35,000 freshers.
Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%
Calling out the need for a global consultative approach towards the creation of regulations around artificial intelligence (AI), Rajeev Chandrasekhar, minister of state for information technology, said India has taken the lead in framing such regulations. He also stated that these frameworks will be presented by June-July this year. "India has taken the lead in creating this draft paper.
A bulk of the Paris-headquartered IT major Capgemini's proposed euro 2 billion investment over three years in artificial intelligence (AI) is coming to India, a top official of the company said here on Wednesday. The three areas where the European tech major is investing are talent acquisitions, talent reskilling and for partnerships and creating a centre of excellence (CoE). "We have announced we will be training 100,000 people by the first half of 2024.
Providing access to unbanked areas in the country has been high on the agenda of RBI, as almost 40 per cent of the population doesn't have a bank account.
'We are on a whole different level of complexities and fundamental change is happening in the industry. There is a need for organisations to design themselves to deal with such complexities.'
Tata Consultancy Services (TCS), India's largest IT services firm, is planning to increase salaries by an average of 7-8 per cent for its offsite employees and 2-4 per cent for its onsite staffers in 2024-25. High performers can expect a raise of 12-15 per cent. The company, which had a headcount of 603,305 as of December 31, 2023, will be closely looking at the promotions and the process may also get pushed to the first quarter of FY25, revealed a source on condition of anonymity, because he is not authorised to speak to the media.
Job cuts in Indian IT companies will be 1.75 -2 lakh per year in next 3 years, due to under- preparedness in adapting newer technologies, says Head Hunters MD
Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.
Roshni, also a trained classical musician, came on the board of HCL Technologies in 2013 and was vice chairperson. Shiv Nadar would continue to be MD of the company with designation as chief strategy officer.
What's hot? What's not? What's next? C P Gurnani shares his highlights of the World Economic Forum Annual Summit in Davos.
We need to create collaborative and/or disruptive platforms like Uber and Airbnb in all sectors to ensure responsive and responsible inclusive growth, says C P Gurnani.
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