'What we see now is a much stronger need for data sovereignty.'
The average cost of an organisation for a data breach has risen 13 per cent to Rs 22 crore in 2025 from Rs 19.5 crore in the year-ago period, according to a report released on Thursday. However, despite the surge in costs, the security in artificial intelligence is still lacking, the report by global tech major IBM said.
Streamlining enterprise data, having an AI policy, reskilling people, and cultural transformation have been cited by experts as key.
Global tech major IBM, which employs over a lakh individuals in India, on Wednesday termed moonlighting an unethical practice. Moonlighting, the practice of taking up secondary jobs after the regular work hours, has been highlighted by many tech companies of late. IBM's managing director for India and South Asia, Sandip Patel said, at the time of joining, the company's employees sign an agreement saying they will be working only for IBM.
IBM India has posted a revenue marketshare growth of 7 per cent in the country's overall server market and grew by over 100 per cent on a year-on-year basis in second-quarter of 2003, according to International Data Corporation.\n\n\n\n
"The India lab of IBM is the youngest among the eight such centres worldwide and since its inception in 1998, its team of engineers has grown to more than 90," a spokesperson of the lab said.
Several technology companies are seeking to step up hiring from Tier-II and Tier-III cities of India in 2024 to tap into a vast talent pool of skilled professionals churned out by educational institutions and training centres in these regions. Tier-II and Tier-III cities such as Thiruvananthapuram, Kochi, Coimbatore, Jaipur, Mohali, Vadodara, Chandigarh, and Indore contribute around 12-15 per cent of the country's tech talent, hinting towards the strong talent availability in these regions, according to Randstad India, a talent management firm.
The research will be held by the centre for Global Logistics and Manufacturing Strategies at the ISB and the Indian research laboratory at IBM India. IBM is working with Carnegie Mellon University and University of California, Berkeley for research in developed economics.
IBM said on Tuesday it has more than doubled its headcount in India to 50,000 in the last two years.
'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'
Tech giant IBM on Tuesday said it has received 9,130 US patents in 2020 - topping the US Patent List for the 28th consecutive year - with India being the second-highest contributor. "IBM scientists and researchers received 9,130 US patents in 2020, the most of any company, marking 28 consecutive years of IBM patent leadership. "IBM led the industry in the number of artificial intelligence (AI), cloud, quantum computing and security-related patents granted," IBM said in a statement. For the fourth year in a row, IBM India was the second highest contributor to IBM's global tally with 930 patents granted to inventors from India in 2020.
"We expect our revenues to reach $1 billion by the end of this calendar year up from $700 million in 2006 driven by strong factors. In the first three quarters of the current financial, the company's revenue has grown by over 39 per cent," IBM vice president (financial management) Jesse Green said in New York.
Even as India's internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern. Experts say that the sudden surge in digital adoption left little time to develop a cybersecurity backbone for the country. This has put large amounts of data at risk.
Lula Mohanty, vice president, IBM India talks about the experiences that shaped her career and offers advice on how to be a good leader.
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
HCL Technologies on Monday said its founder Shiv Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board. Nadar, chief strategy officer and managing director of the company, on completing 76 years of age, has tendered his resignation as the MD as well as the Director with effect from close of business hours on July 19, according to a regulatory filing. "In order to continue to benefit from his vast knowledge, experience, and wisdom in an advisory role, the Board of Directors in its meeting held today, after considering the recommendations of the Nomination & Remuneration Committee, has approved the appointment of Shri Shiv Nadar as the 'Chairman Emeritus and Strategic Advisor to the Board' for a term of five years with effect from July 20, 2021," it added.
'As the demand for transferable skills that can be remotely applied increases, the need for tech-based courses is on the rise/'
The applications range from disaster recovery to predicting demand and understanding customer choices using artificial intelligence.
In an effort to take technology to the grassroot level, IT major IBM India Private Limited is now working on a talking website at its India Research Laboratory. This will ensure that even the unlettered can create a website and access information from others for business transactions.
The deal is designed to boost efficiency and further enhance customer service and aims to ensure scalable, flexible and resilient IT support for the fast-paced roll out of new network infrastructure to keep up with the rapid growth in Vodafone Essar's customer base.
IBM India launched its operations in Coimbatore on Thursday as part of its expansion plans in southern India, targeting the small and medium businesses in the manufacturing sector.
Controlling an electrical device using a switch in the virtual world of Internet would no more be a distant dream, with IBM India planning to develop an "interface" to suit such applications.
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
The Indian arm hopes to get a piece of the pie.
I-T dept has asked for Rs 5,357 crore ($865 million) alleging the company had suppressed its revenue for FY09 to evade taxes
8,000 people globally may b eimpacted
IBM India plans to set up a series of specialised 'think world' showrooms in major cities and towns across the country to showcase its latest products and solutions.
IBM India on Monday claimed it has been ranked as the top laptop vendor in India in revenue terms by International Data Corporation PC tracker report for 2003.
The new breed of female tech CEO is here to stay and only bound to grow in number!
Vanitha Narayanan's appointment comes at a time when the IT sector in the country is grappling with the after effects of the slowdown and is weighed by an uncertain economic environment and spending cuts.
Top HR minds in India, including Santrupt Misra of Aditya Birla Group, Satish Pradhan of Tata Sons, P Dwarakanath of Max India, Aquil Busrai (ex-IBM India) and Price Augustine of Mahindra & Mahindra and Pankaj Bansal of People Strong were among those who brainstormed with Maruti Suzuki India chief operating officer (administration) S Y Siddiqui last week.
Given the tonnes of sewage and filth that have accumulated in the Ganga over the years, this may seem to be a drop in the ocean.
IBM India won the award in 'Best IT Services and Products Company' category and IBM Daksh in 'Best BPO Company'.
IBM started using Watson last year in India in two of its key divisions, services and infrastructure, for the bulk of its 150,000 employees as part of its "predictive retention" programme.
Aquil Busral, national president of NHRDN and the executive director, human resources, IBM India Private Ltd talks about global metdown and its impact on India.
The Desktop Hindi Speech Recognition Technology developed by the IBM India Software Lab in collaboration with Centre for Development of Advanced Computing would provide a natural interface for human-computer interaction.
Aquil Busral, the National President of NHRDN was in Chennai to attend the 12th National Conference of the National HRD Network (NHRDN). In this interview, he talks about how the young working professionals and fresh graduates can prepare themselves for the current global economic situation.
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