Page 30 - Information Technology

How Red Hat could open new doors for IBM in India's cloud market

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

Avaali Solutions to double headcount to 225 people in 18 months

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.

Amid talent battle, global uncertainty, top 5 IT firms hire 57% more in Q1

Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis

Nasscom asks govt to reconsider clarification on intermediary services

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

Infosys bets on 'lead tech group' comprising 60 engineers for innovations

This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms

Decline in global client spending may put Indian IT sector under stress

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

Street prefers large-cap information technology firms over mid-tier peers

Better cost management, execution have led to higher multiples for tech majors

IT midcaps tap into transformational deals, digital play drives higher TCV

However, billion dollar deals still continue to be a preserve of large caps like TCS and Infosys

Experts' group asks govt to withdraw changes in intermediary guidelines

The coalition asked the government to withdraw the draft amendments proposed to the Information Technology (Intermediary Guidelines) Rules

Effective regulation

Rules for social media platforms must be thought through

IT sector, startups expected to hire 500,000 people in 2019: Mohandas Pai

The year 2019 is going to be better for entry-level guys because hiring is going to be much better, said Pai

Information technology companies slam brakes on fresh investment

Top companies have reported a decline in assets for the first time in many years

Growth uptick, multiple tailwinds to prop up information technology sector

Weak rupee, expectations of higher IT spending by US clients and undemanding valuations keep frontline stocks in demand

Around 20 phone makers respond to govt's directive on theft of user data

Govt is taking all required steps to make sure that the cyber ecosystem is secure, says Ajay Kumar

IT firms eye new markets in Japan, China, Germany

Stricter regulations in US forces industry to look at these countries with a market size of $300 bn

India's IT story isn't over yet: Future lies in mastering machine learning

It is capable of rediscovering its mojo and finding a way back to growth trajectories

PE less than 16 is attractive

Unless the growth prospects are truly exceptional, avoid paying a higher discount

A survival guide on how to beat the looming job crisis

Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills

Captives cut outsourcing to Indian IT to solve digital challenges inhouse

India is witnessing captives cut outsourcing to Indian outsourcing vendors and move work in house as they work on emerging areas such as artificial intelligence, cloud and digital technologies.The focus to move work inshore comes at a time when global firms are investing on digital technologies and automation and even outsourcing companies are struggling with the shift. One-fourth of the 300 odd captives on pure engineering and engineering design set up across the world in the last 12 months were in India."The number of captives on pure technology services, especially on digital technologies like Artificial Intelligence, are growing too," said Pareekh Jain of HfS Research India. James R Fowler, CIO, General Electric, CIO, recently said 70 per cent of the services were outsourced before he took over the responsibility as chief information officer. He decided to make it 50 per cent. "We made a decision for 50:50, and there is still a role for contractors to play, business partners to ..

IT may prove to be the dark horse in 2017

Firms have levers to cushion impact of stricter US visa norms