Page 13 - Information Technology

Government's IT spending likely to reach $11.6 bn in 2023: Report

By 2026, Gartner foresees over 75 per cent of governments will gauge digital transformation success by measuring the enduring mission impact

Wipro enters into a five-year business partnership with ServiceNow

The agreement expands on the two companies' existing partnership and is expected to help accelerate Wipro's goal of building a $1 billion business with ServiceNow by the end of 2026

Infosys, bp deepen relationship to transform digital application landscape

The companies will continue to explore more avenues for bp to advance sustainability, DE&I and other social impact initiatives

HCLTech expands partnership with SAP to drive digital transformation

We are delighted to expand our partnership with SAP to continue elevating the experience for our people through the best of technology, said C Vijayakumar

Digital India's two realities: A yawning gap between tech use & tech skills

Lack of tech skills in Indian youth a worry as labour markets brace for a tech-driven churn

Sebi comes out with testing framework for IT systems of stock exchanges

Capital markets regulator Sebi on Friday put in place a comprehensive testing framework for the information technology (IT) systems of the stock exchanges and other market infrastructure institutions (MIIs). The framework will be for the IT systems of MIIs -- stock exchanges, clearing corporations, and depositories -- throughout their lifecycle, which can assist the MIIs in performing thorough risk assessment before deploying any IT systems in production or live environment. Under the framework, all MIIs have been asked to do extensive testing, validation, and documentation whenever new systems or changes to existing systems are introduced before the deployment in the production/live environment, according to a circular. Further, they have to set up a comprehensive methodology for system testing, functional testing, and application security testing, and the same need to be approved by the Standing Committee on Technology (SCOT) of respective MIIs. The scope of testing includes ...

New IT Rules: 16 groups join hands against govt-run fact-checking unit

The groups said that the new IT Rules would censor journalism and severely jeopardise freedom of expression

Fact-checking unit will not be notified until July 5, says Centre

The division bench had said that the rules did not seem to offer protection to fair criticism of the government like parody and satire

Sify reports consolidated Q4 profit at Rs 34 mn, revenue up at Rs 8,861 mn

Information technology services company Sify Technologies has reported consolidated profit for the January-March 2023 quarter at Rs 34 million, the company said on Wednesday. The company had registered consolidated net at Rs 227 million during the corresponding quarter of previous year. For the year ending March 31, 2023 the consolidated profit stood at Rs 674 million as compared to Rs 1,258 million registered last year. The consolidated revenues during the quarter under review went up to Rs 8,861 million from Rs 6,805 million registered in same quarter of last year, the company said. For the year ending March 31, 2023 the consolidated revenue grew to Rs 33,404 million from Rs 27,026 million registered year ago. The digital tsunami that swept India during COVID-19 has settled into a steady adoption by both public and private enterprises. Enterprises are eager to unlock the power of digital automation measures to transition to the next phase of growth, company chairman Raju Vegesna

Meta Platforms Inc needs a new catalyst after stock's 77% rally

For the first quarter, revenue is expected to decline 0.9%, according to estimates compiled by Bloomberg

Server business unaffected from macroeconomic worries: Dell India VP

Dell Technologies India's Manish Gupta talks about how the distributed computing demand is giving rise to the adoption of edge servers in India and how the company is eyeing this opportunity

Infosys launches live operations platform in collaboration with ServiceNow

The company plans to boost customer experience for telecom service providers

Next step for the infotech boom

The IT services industry must innovate more and integrate better into the needs of the national economy

Testing times: Wipro asks freshers to take new test or get terminated

This comes as freshers have been awaiting onboarding for more than a year now

Indian Newspaper Society urges govt to withdraw IT Amendment Rules 2023

According to the new rule, MeitY can constitute a fact-checking unit, which will have the power to determine what is fake, with respect to the government

Amid IT firm layoffs, top tech talent in demand among non-tech companies

Non-tech companies are taking steps to hire top talent from the IT sector in order to drive their organisations towards digitisation. Most of this demand is for experienced employees

ChatGPT like alien intelligence but lacks human-like reasoning: Rosedale

Rosedale compared the current state of generative AI to the early days of the internet when there was a lot of excitement, opportunity, and uncertainty about what would happen next, reports ZDNET.

Not considering law to regulate AI growth in country: IT Ministry

The government is not considering bringing a law or regulating the growth of artificial intelligence (AI) in the country, as generative AI-based chatbots become a rage across the industry

Samsung, MeitY to skill Indian youth in building real-life innovations

The first season of the initiative in 2022 received over 18,000 registrations from youth across the country. This year, anyone in India aged 16-22 can apply till 5 pm on May 31

India has 45,000 job openings in AI, demand for skills rising: Report

37% organisations provide employees tools to build AI-ready workforce, says survey