Page 7 - Cloud Computing

Bank of England to crack down on 'secretive' cloud computing services

The BoE said cloud computing could sometimes be more reliable than banks hosting all their servers themselves

Alibaba, others explore bids for Unisplendour stake worth up to $7.7 bn

Alibaba Group Holding Ltd and Chinese state-backed firms are exploring bids for a stake in Unisplendour Corp, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion

HCL Technologies hires Accenture exec Siki Giunta to head cloud business

Industry veteran will lead #HCLCloudSmart, the company's service for business solutions.

How Bhavin Turakhia is building a 'bank in a box' stack for global markets

His firm Zeta aims to enable users to run any program--credit or debit card, savings a/c, deposits, loans, on a single modern cloud native platform without having to leverage any other vendor

Mumbai Angels back cloud-based neobank Nemo with undisclosed funding amount

A brainchild of IIM Ahmedabad alumni, Nemo is creating a unique business that aims to empower Indian MSMEs with the financial tools, resources, and networks that large corporations have access to

It pays to keep your head in Cloud, say CIOs at Business Standard webinar

In the Indian context, attracting talent remains a big issue because tech folks are used to work in new-age entities like an Amazon, Facebook, Google or a Flipkart

Tech Mahindra acquires 100% stake in US-based DigitalOnUS for $120 million

The acquired company is headquartered in San Jose, California and reported revenue of $30.6 million, at the end of CY2020

IBM quarterly sales growth highest in over two years on cloud strength

Excluding items, the company earned $1.77 per share, beating market expectation of $1.63

Accenture buys cloud analytics firm Core Compete for undisclosed sum

Core Compete enables digital transformation with cloud-native solutions that deliver AI and ML-based biz outcomes. It has clients across US and UK, with focus on supply chain, retail and fin services

Tech roles need women, but companies still prefer men

Technology is too important to be left in the hands of men alone. Unhappily, despite its importance in our daily lives, enough women are not participating in the creation of future technologies

The start-up enemies of Wall Street are booming

Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment

Millions of websites offline after fire at French cloud services firm

There was no immediate explanation provided for the blaze, which erupted just two days after the French cloud computing firm kicked off plans for an initial public offering

We need to foundationally transform Cloud: Microsoft CEO Nadella

Tech companies need to foundationally transform how Cloud can drive the next level of broad economic growth that everyone can participate in, Nadella said

IBM eyes India's public sector enterprises for Hybrid Cloud growth

The company said that the MeitY empanelment will enable the Indian public sector tap into the industry's most secure and open cloud platform to drive innovation and growth

20% of Indian firms to adopt connected cloud strategies by 2023

Enterprises in India are leveraging cloud for objectives beyond business continuity, an IDC report said on Tuesday

80% Indian corporate banks to leverage Cloud by 2024: Report

Nearly 80 per cent of corporate banks in India are forecast to run their trade finance and treasury workloads on Cloud by 2024, said a new IDC report

Indian independent software vendors fast moving to Oracle Cloud

A large number of Indian independent software vendors (ISVs) are choosing to run their business critical applications on Oracle Cloud Infrastructure (OCI) to improve application performance

Amazon's incoming CEO Andy Jassy ushered in cloud computing boom

Jassy has led AWS since before the launch of its first major services in 2006

L&T Infotech, IBM to establish innovation centre in Bengaluru

Digital solutions major Larsen & Toubro Infotech (LTI) is expanding its multi-year global alliance with IBM to help businesses transform their operations through hybrid cloud adoption.LTI will help clients migrate and modernise core business applications leveraging IBM cloud offerings.As part of this relationship, LTI and IBM plan to establish an innovation centre in Bengaluru this year. The centre will offer a comprehensive suite of IBM's cloud, automation, integration, data and artificial intelligence solutions to foster innovation.IBM will provide training to LTI employees to facilitate co-creation workshops and solution development for their clients.Sudhir Chaturvedi, President for sales and Executive Board member at LTI, said the world's leading organisation's trust LTI as the partner of choice in enabling their digital transformation journeys and modernising their existing technology landscape."We are expanding our resolute relationship with IBM to allow customers to ...

IT hiring to grow 10-12% in 2021 as global purse strings loosen: TeamLease

Growth to be led by demand for contractual staff, advanced technology skills