Cloud

Cloud, GCCs key growth drivers of India's digital economy: Govt report

The cloud market and global capability centres (GCC) are among the fast-growing segments of India's digital economy which is expected to drive a fifth of national GDP by 2030, a report by MEITy has said. The report, prepared by the Indian Council for Research on International Economic Relations (ICRIER) and the Ministry of Electronics and Information Technology (MEITy), said India's digital economy was equivalent to Rs 31.64 lakh crore in GDP in 2022-23. While the traditional ICT (Information and Communications Technology) sector remains the largest component of the digital economy, digital platforms and the digitalisation of brick-and-mortar sectors are growing rapidly, the report pointed out. The country's cloud market, which accounted for 1.1-1.2 per cent of the global market in 2020-23, and GCCs (global capability centres) were named some of the fastest-growing segments of the digital economy. "India's digital economy is expected to grow almost twice as fast as the overall ...

Microsoft to invest $3 bn in AI and cloud expansion in India: Nadella

The tech giant will also support the country's long-term competitiveness by training 10 million people over the next five years with AI skills

Alibaba misses quarterly revenue estimates, cloud revenue rises 7%

Its U.S.-listed shares were up 3.3% in pre-market trading, however, as it reported an adjusted profit of 15.06 yuan per American Depository Share, beating estimates of 14.88 yuan

Amazon reassures investors with cost-cutting, AWS Cloud division's growth

The Amazon Web Services cloud division, which suffered record low sales growth last year, continued to regain momentum during the third quarter

Soon, artificial cloud chambers to study how to enhance weather events

The cloud chambers could be set up either at the Noida-based National Centre for Medium Range Weather Forecasting or the Indian Institute of Tropical Meteorology in Pune

Cloud adoption surpassing AI; investments on rise, finds Wipro report

Cloud adoption in India is surpassing artificial intelligence adoption as more than half of the organisations surveyed plan to increase investment in cloud, IT major Wipro said in a report. The Pulse of Cloud: Quarterly Report July 2024 by Wipro FullStride Cloud drew insights from over 500 senior executives and decision-makers at medium large-scale enterprises across North America, the UK, Germany, France and Switzerland between May and June 2024. "A majority of organisations (55 per cent) report that their cloud adoption is ahead of their AI adoption, while 35 per cent say they are moving at the same pace with both technologies. "54 per cent of organisations plan to increase hybrid cloud investment and 56 per cent plan to increase investment in public cloud," the report said. Only 10 per cent of the respondents surveyed reported that their AI adoption is outpacing the cloud. "At Wipro, we see cloud economics as an intelligent management strategy that can better manage costs as ..

Over 50 missing in Himachal after cloudburst in Shimla, Mandi, Kullu

Himachal Chief Minister Sukhwinder Singh Sukkhu said that rescue and relief operations are ongoing

Google Maps: Soon, you will not see location history timeline on web maps

Reportedly, location history will now be called timeline and Google Maps will store it on on-device storage and not on cloud. Therefore, it will not be available if you access Maps on browser

Google to lay off at least 100 employees from its cloud unit teams

Roles in sales, operations and engineering, consulting and "go to market" strategy were some of the positions cut

AWS in talks with Italy to invest billions of euros in cloud plan: Report

AWS launched its first cloud region in Italy in 2020 as part of a plan to invest 2 billion euros ($2.2 billion) by 2029

Ola founder's latest bet on 'cloud' and free offer shakes tech industry

The cloud service is available to developers who are presently using Microsoft's Azure, with the condition that they won't return to Azure again

Airtel, Google Cloud partner to propel cloud adoption & gen AI in India

Public cloud services market in India is expected to reach $17.8 billion by 2027

AI and competition: Old wine in new bottles?

Big Tech's partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly

Can cloud seeding be the answer to India's growing problem of uneven rains?

According to the IITM report, cloud seeding is a technique in which cloud-forming particles are used to increase rainfall

IBM to buy two software AG data platforms for $2.3 bn to strengthen AI

International Business Machines Corp. has agreed to buy data-integration platforms StreamSets and WebMethods from Software AG for €2.13 billion ($2.3 billion) in cash in an effort to strengthen its AI

Air India moves its computational workload to cloud; shuts two data centres

Air India has shut down its two data centres and has moved its computational workload to the cloud, a move that will help the loss-making airline save nearly USD 1 million annually. In a release on Tuesday, the Tata Group-owned airline said it has successfully migrated to a cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi. "The closure of the data centres will further result in net savings of nearly a million dollars every year," it said. The entire process of migration to the cloud was managed by Air India's people in Silicon Valley in the US, Gurugram and Kochi in India. The computational workloads were migrated to the cloud from several mainframes, hundreds of servers, a large amount of data, and hundreds of pieces of equipment. According to the release, the now-closed data centres were once used to drive innovations and automations across multiple spheres of the airline's commercial and financial functions. "We have adopted

Security challenges persist despite cloud services adoption: EY's Bellary

Ranjeet Bellary, partner at EY said that the Cloud has disrupted the way clients access their data and scale their operations

Microsoft sales top forecast, bolstered by cloud-computing growth

The shares climbed as high as $351.95 in extended trading following the report, after closing at $330.53 at the close in New York

Cloudburst triggers flash floods in Ladakh; no loss of life reported

A cloudburst triggered flash floods in the Union Territory of Ladakh, causing debris to flow into the main market area and throwing life out of gear, but there are no reports of any loss of life, officials said on Saturday. The cloudburst hit the Gangles area of the Union territory late Friday night and left several parts of Leh town inundated, they said, adding the debris entered many buildings in the low-lying areas, causing some damage to them. A police spokesperson said rescue and rehabilitation work was underway in Leh town, especially in Khakshal, Sanker, Skampari, Chhubi, Zangsti and the main market Gonpa Soma areas. As a result of the flash floods, a programme of the Dalai Lama in Leh was postponed, the officials said. They said some shops were damaged in the Gangles area and there was a lot of debris in the Chokhang Vihara area. Many tourists, including foreigners, lent a helping hand and were seen cleaning the main market area following the flash flood. President of the

Google veteran Urs Hölzle steps down as manager in cloud shakeup: Report

Urs Hölzle joined the company, now the key unit of parent Alphabet Inc., in 1999 as its eighth employee, and will now transition into a role as a Google Fellow, the company said