Jobs will be added in Oracle's software development hubs in Seattle, the San Francisco Bay Area and India
Information system infrastructure includes networking systems, security devices, servers and databases
Firm's CEO is pretty upbeat about the future of hybrid cloud - which allows companies to spread their data between private and public cloud providers and has been putting good money to build expertise
The company, which is looking at raising external funding, said it also intends to invest USD 5 million in areas such as product development and forging new partnerships.
Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis
A circular from the Central Board for Indirect Taxes and Customs that was released last week said the services offered by the IT and ITeS sectors at the back end may attract 18% GST
This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
Better cost management, execution have led to higher multiples for tech majors
However, billion dollar deals still continue to be a preserve of large caps like TCS and Infosys
The coalition asked the government to withdraw the draft amendments proposed to the Information Technology (Intermediary Guidelines) Rules
Rules for social media platforms must be thought through
The year 2019 is going to be better for entry-level guys because hiring is going to be much better, said Pai
Top companies have reported a decline in assets for the first time in many years
Weak rupee, expectations of higher IT spending by US clients and undemanding valuations keep frontline stocks in demand
Govt is taking all required steps to make sure that the cyber ecosystem is secure, says Ajay Kumar
Stricter regulations in US forces industry to look at these countries with a market size of $300 bn
It is capable of rediscovering its mojo and finding a way back to growth trajectories
Unless the growth prospects are truly exceptional, avoid paying a higher discount
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills