C P Gurnani, CEO & MD of Tech Mahindra, India's fifth-largest IT services company, tells B Dasarath Reddy that the company is exploring both ways as it looks at bringing in best of the breed technologies to offer to global clients.
IT spending in India is projected to rise 6 per cent to $81.9 billion in 2021 compared to this year on the back of growth across segments like enterprise software and IT services, research firm Gartner said on Monday. IT spending in 2020 is expected to total $79.3 billion, down 8.4 per cent from 2019. "The COVID-19 pandemic stalled many digital transformation projects for Indian enterprises, mainly because of the market uncertainties and reduced cash flows," Gartner research vice president Arup Roy said.
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
Most of the hirings are, however, in the entry or junior level.
Attrition is driving the hiring effort on campuses.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
Engineering product firms were among the first to embrace AI and machine learning. And the early adopters are reaping gains.
Meet Giiro, an Alexa-powered bot which can be your health companion at work.
Wipro has been quite aggressive among Indian IT services companies in acquisitions as a strategy to buy the capabilities in emerging technologies.
Individuals who can understand data and go for data driven decisions making using their critical mind will be highly valued.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
In the age of robots and automation, skills such as people management, coordination and negotiations will be relevant, says Babita Shekhar.
With the hybrid model in place, employees can take advantage of the working from office to build better working relationships, trust, and comradeship.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
Vehicles would be able to offer advice during challenging driving or parking situations, while also providing company to drivers on long, solitary trips
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
The one common thread that we see across these jobs is that they are all highly human-centric, points out Ramesh Kumar.
Sikka reinforces focus on automation & artificial intelligence
Automation, artificial intelligence, cryptocurrency and virtual reality would demand more jobs.
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
Did you know that India is among the top five countries in food processing?
The Hyderabad Garage will collaborate with teams in Silicon Valley, Redmond, Vancouver, Washington, New England, Israel and Beijing.
The phones may look simple but are smarter than you think, says Ashish Narsale/Rediff.com.
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
The advent of internet of things, blockchain, data analytics, artificial intelligence, and self-driving cars has also created huge business opportunities for online training platforms such as Udacity and Coursera.
Enterprise data management will be a USD 105 bn business by 2020.
'If you yourself don't believe in the product, you will never be able to sell it.' 'If you have got the basics right, if you have understood the consumer needs well, success will always follow.'
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.
Whether it is Cupertino or Redmond or California, Artificial Intelligence is the new mantra for tech companies, and Google too is betting big on AI for its newest phones Pixel and Pixel XL.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
With expectations of customers changing and demand for seamless, uninterrupted shopping increasing, tech companies are now using this fear of becoming irrelevant as a sales pitch to sell their products to traditional retailers.
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
US election results may not reverse Indian markets' bearish trend, says Devangshu Datta
Expert staff in the line of fire in the tech sector. Analysts attribute these job losses to a slowdown in growth, automation of lower-end work.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
Where do Indian IT firms stand compared to their global peers in this journey of transformation? Ayan Pramanik seeks answers from IT services analyst Phil Fersht.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.