Wipro Infotech, the India and West Asian IT business of Wipro, aims to use its data centre platform to offer a host of services, including cloud computing and software as a service (SaaS) on a pay-per-use model, Anand Sankaran, senior vice-president told Business Standard.
'30 to 40% of the industry needs to be reskilled as existing jobs will go to automation.' 'Reskilling is required as some existing jobs will not be required in the future.'
IT major TCS said 2014-15 will be better than the ongoing fiscal on account of uptick in client spending in the US and Europe and growth in demand for technologies like cloud, mobility and Big Data.
Shah said India's goal is to become a $ 5 trillion economy in the next five years and without contribution from the energy and petroleum sector, this goal can't be achieved.
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.
Technology giant Microsoft has now joined the wearables bandwagon with the launch of its smart band Microsoft Band, designed for people looking to live healthier and be more productive.
Traditionally, financial institutions have operated risk functions in silos. However, the nature of unknown threats today requires industry participants to work together, says Vikram Limaye.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
Guardian enables users to switch on a 'track me' feature in the app that lets friends and family track them in real-time using Microsoft Windows Azure cloud services and Bing Map APIs, the company said.
It is for the first time in India that a plane has been chartered to view the total eclipse from above the clouds, the company said. A JetLite 737-700 has been especially chartered for this purpose and the eclipse flight will last for three hours and it will take-off from New Delhi at 4.30 am, fly towards and hold over Gaya till the eclipse time, the company said.
Prime Minister Narendra Modi, tennis star Sania Mirza and actor Priyanka Chopra are among the probable contenders named by the Time magazine for its annual list of the most influential people in the world.
'Searching for the target with bare eyes was like searching for the needle in the haystack, but due to the technology, we had a clear picture of the seven tents perched against the rocky background on our scopes.'
Even though North America still accounts for 60 per cent of Infosys's revenue, the company is starting to see good growth in Europe, which contributes around 25 per cent to the company's top line. Even Australia also has emerged to be a strategically important market, with a contribution of 10 per cent to the overall revenues.
Infosys announced acquisition of digital commerce company Kallidus for $120 million.
Indian export-oriented information technology (IT) and business process outsourcing (BPO) firms may be grappling with an appreciating rupee and clouds of doubt looming over the extension of tax sops for the sector beyond 2009. An Everest-Nasscom study points out that the domestic BPO market, with a growth rate of 50 per cent over the last five years, has grown faster than the overall Indian BPO market to reach nearly $1.6 billion (Rs 6,400 crore) by end of FY2008.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
Facebook and Twitter now restrict users below the age of 13 from signing up on their platforms. LinkedIn doesn't provide its services to children below the age of 16.
China's Tianhe-2 supercomputer was named the world's fastest for the fifth time on Monday, outperforming those from the US.
Rediff.com's Ashish Narsale presents a list of gadgets that will fit your budget and instantly impress your bae.
The initiative will work on 40 areas in eight domains -- Energy & water, infrastructure, planning & buildings, Transportation, Public safety & justice, Tourism, recreation & culture, Education, Health and Social services & government administration.
The initial speculation over who is likely to down shutters seems to have given way to a resigned acceptance that all the players are determined to stay in the game.
Reskilling and online certification are the biggest earners in the Indian online education market
Among the technologies, German technology is superior in submarine and heavy artillery guns.
Did you know that India is among the top five countries in food processing?
"We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," acting principal deputy assistant secretary of the US, Thomas Vajda said.
The revenue also rose 14.2 per cent to Rs 29,305 crore (Rs 293.05 billion).
In 2014, the country witnessed 800 new companies starting up, taking the total number of start-ups to 3,100, Nasscom said.
Did you know that a food security officer in a leading company can earn upto $84,000 a year by just protecting data?
This is the first mission by the Indian Speace Research Organisation this year.
The BSE Mid-Cap index was currently down 1.25%
Already 15-20 per cent of the workforce, earlier used to be procured from staffing firms and subcontractors, are replaced by freelancers tapped from platforms like Topcoder, GitHub, and Upwork.
It's the second time Nasscom has projected single-digit growth in a decade.
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
Researchers are investigating how software-defined cellular networking might be used to give smartphone users the next generation of super-superfast broadband - 5G.
536 new malware families and a further 616 new variants affecting the Android platform were detected.
Thousands of retail investors are reaping the benefits of the disruption that the latest technologies have brought to the equity market. Brokerage firms are aggressively investing in technologies such as artificial intelligence, machine learning, big data and analytics, social media, chatbots, virtual assistants and so on.
E-governance roll-out needs better infrastructure, privacy protection.
We are not pursuing AI to beat humans at games. We are pursuing AI so that we can empower every person and every institution that people build, said Nadella
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
