Page 5 - Digital Transformation

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

NICL picks Cognizant for accelerating, managing its digital transformation

NICL is one of India's leading public sector general insurance companies

Cloud, security to be priority even if recession hits US: Morgan Stanley

The report suggests limited near-term impact for Indian IT services players, but commentary on FY24 will be crucial

CEOs shift focus to sustainability and digital transformation: EY survey

The CEOs also recognise that data and innovation are critical for unlocking new paths to growth

India will rival US in churning out internet tech cos: Rise Capital founder

In a Q&A, Nazar Yasin dwells why he left Tiger Global, and how Rise Capital stood out from the crowd with its focus on emerging markets and Indian regulatory changes

Indian MSMEs need to move to Cloud faster amid digital transformation

Employing more than 11 crore people, the MSMEs contribute around 30 per cent to the country's gross domestic product (GDP), and more than half of these MSMEs, running legacy infrastructure

Adani Group picks Google Cloud to boost digital transformation

The Adani Group on Monday announced a multi-year partnership with Google Cloud, as the company aims to move more than 250 business-critical applications to Cloud.

How Indegene helps global pharma cos develop drugs faster amid Covid

Indegene uses AI and ML, and medical data mining to speed up digital transformation at top life sciences organisations

Accenture to drive digital transformation at Aditya Birla Fashion

Accenture will develop an Enterprise resource planning system (ERP) to streamline business processes and accessibility of data across clothing brand's stores for Aditya Birla Fashion.

Persistent Systems acquires US-based Data Glove for $90.5 million

Established in 2010, Data Glove is a leading player in transformative consulting services and business solutions with total annual revenue for CY21 of $48.96 million and over 700 employees worldwide.

M&A to strengthen as IT services players try and differentiate: Study

Nasscom-EY study says overall deal activity may be at record levels over past few quarters after huge drop in Q2FY20. Deal volume and value of $297 bn in 2021 much higher than 2020 level

Accenture's Piyush Singh on Covid-disruption, India businesses and more

In an interview with Surajeet Das Gupta, Accenture's Senior Managing Director and Lead for India Business Piyush Singh shared his experience of dealing with Covid challenges and more. Listen in

Indegene expands global ops with new nearshore centres in Americas, Europe

Bengaluru-based Indegene's new global development centers in Mexico, Poland and Ukraine build on the firm's capabilities, support life sciences organisations nearshore and ensure business continuity

LIC seeks bids for consultancy services for its digital transformation

The last date for submission of bids is January 17, 2022

Google announces initiatives to help India's digital transformation

With the aim to extend the benefits of India's growing digital economy to more people, tech giant Google on Thursday announced several initiatives to help India's digital transformation journey.