Page 4 - Digital Transformation

HCLTech to drive Banco do Brasil's digital transformation with Salesforce

HCL Technologies on Monday announced that Banco do Brasil has selected it to support the bank's digital transformation and customer relationship management (CRM) journey and implementation of Salesforce. HCLTech's partnership with Salesforce will enable Banco do Brasil to 'hyper-personalise' customer relationship and service solutions, generating greater customer satisfaction and engagement within their omnichannel ecosystem, using AI resources, data unification and intelligent guidelines, a release said. Banco do Brasil is one of the largest financial institutions in Latin America. HCLTech however did not divulge financial details of the contract. "Banco do Brasil...through a bidding process, has chosen HCLTech to support the bank's digital transformation and CRM journey and implementation of Salesforce," the release said. HCLTech will create a dedicated team of specialists with CRM experience to implement Salesforce solutions for Banco do Brasil. It will use four Salesforce ...

Genpact is investing up to $600 million over 3 years in AI: CEO Tyagarajan

In the interview, Tyagarajan talks about the investments in GenAI, acquisition strategy, and the technology spend environment

PwC India ties up with Zoho to drive digital transformation of firms

The PwC India- Zoho partnership "will accelerate their digital transformation journey" of medium to large enterprises in the country, PwC India said

SMFG India Credit announces appointment of S Subramanian as new COO

SMFG India Credit Co Ltd (formerly Fullerton India Credit Co Ltd) on Thursday announced the appointment of Swaminathan Subramanian as Chief Operating Officer (COO). Previously, Subramanian was working as Chief People Officer (CPO) at the non-banking financial company. In his elevated role, he will manage operations, technology, legal, enterprise services, human resources and CSR, the company said in a statement. Subramanian will now lead our digital transformation, corporate legal initiatives, operational efficiency, and focus on building a strong infrastructure as well as prioritising our people and community, SMFG India Credit Managing Director Shantanu Mitra said. Japan-based Sumitomo Mitsui Financial Group (SMFG) holds a 74.9 per cent stake in SMFG India Credit and offers a diverse range of financial services.

Infosys signs $454 mn deal with Danske Bank to boost digital transformation

The deal is valued at $454 million for a period of 5 years with an option to renew for one additional year for a maximum of three times

IKF Finance raises Rs 250 cr from Accion's Digital Transformation Fund

IKF is among the few lenders to have grown consistently and delivered profits across economic cycles. Despite Covid and other macro headwinds, IKF has grown by as much as 40% in the past few years

TCS 'won't make any change', focus on principles: CEO designate Krithivasan

Krithivasan's time of taking over is interesting, especially with the agenda already being set

Jaguar Land Rover join hands with Tata Tech for digital transformation

Tata Motors-owned Jaguar Land Rover on Tuesday said it is partnering with Tata Technologies to accelerate its digital transformation. As part of the collaboration, Tata Technologies will deliver end-to-end integrated Enterprise Resource Planning (ERP) to transform Jaguar Land Rover's manufacturing, logistics, supply chain, finance and purchasing modules by bringing data and knowledge from multiple departments into one single source. The first phase will include Jaguar Land Rover's (JLR) UK core production facilities, with solutions subsequently deployed to other global locations. "The partnership with Tata Technologies will allow us to accelerate the transformation of our core ERP infrastructure to deliver the efficiency and usability we require for the future and our transformation objectives," JLR Executive Director of Industrial Operations Barbara Bergmeier said in a statement. Tata Technologies MD and CEO Warren Harris said the collaboration will help JLR to build innovative an

Nasdaq-listed ODP Corporation selects HCLTech as primary IT partner

HCLTech will be ODP's IT partner for end-to-end IT operations and enterprise-wide digital transformation

Digital transformation spending in India to reach $85 bn by 2026: Report

The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to reduce the costs by improving customer experience via digital transformation

Tech Mahindra signs MoU with Egyptian agency for delivery centre in Cairo

Facility will serve firm's clients across telecom, oil & gas, BFSI, Energy & Utilities and public sector; company to hire 1,000 staff to serve global and local customers from centre

BCG carves out a new unit for its digital transformation capabilities

The global consulting major said the new unit will bring together nearly 3,000 technologists, builders, and designers

HCLTech signs multi-year contract with Swiss MRO firm SR Technics

HCLTech's role is to digitally transform the Swiss company's business, will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP

Xebia to hire 1,200 people in India by March; eyes emerging tech firms

US-based IT company Xebia is planning to hire 1,200 staff in India by March 2023 as the firm sees growth opportunities in the digital transformation space despite a weak macroeconomic situation, a top company official has said. Xebia Global CEO Anand Sahay told PTI that all enterprises are looking towards transformation and demand in the segment is high, which is the reason the company is opening up new centres across the globe, including India, and also planning to acquire firms working on artificial intelligence, cloud computing, augmented and virtual reality etc. He said that based on demand assessment, the company is running short of 1,700 people and even at a conservative estimate Xebia will need 1,200 people by the first quarter of 2023. "We have started operating in Colombia now. We might start in Chile by the end of the first quarter. We are looking forward to growing our Chennai centre. "We are about 200 people in Bhopal and we feel that it should go up to at least 500 peo

Indian IT, business services market grew 7.4% in first half of 2022: Study

The IT and business services market in the country was valued at $7.15 billion between January and June 2022, according to IDC

Inflation, rising costs to slow down digital transformation: Report

About 58 per cent healthcare industry professionals globally believe that digital transformation initiatives would be slowed down due to inflation and rising costs, a new report showed on Tuesday

Tech Mahindra to expand in Gujarat, will hire 3,000 people in five years

As part of NXT.NOW™ framework, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of its customers

66% CEOs in India expect recession in 2023; layoffs on the cards

Eighty-six per cent CEOs in India, compared to 71 per cent CEOs globally, predict that a recession will impact company earnings by up to 10 per cent over the next 12 months.

Cost of spending on digital transformations plateauing: HDFC Bk's Parag Rao

On Thursday, the bank launched a new one-stop solution application for merchants called the 'SmartHub Vyapar Merchant app'

Infosys net profit likely to surge up to 10% YoY in Q1FY23, say analysts

Infosys Q1 preview: Investors will closely monitor the management's commentary on clients' IT spending, demand environment amid macro stress, margin outlook, and growth guidance for FY23