Page 19 - It Industry

Top headlines: India Inc coffers swell; Sebi eases rules on top exec roles

The ambition of turning into a $350-billion industry by 2026 appears to be achievable for the Indian IT sector. More on that story in top headlines.

IT industry on the road to becoming $350 bn in revenue terms by 2026

The aspirational target of $350 billion by 2026 also means that the industry will have to maintain growth in the double-digit range of 11-14 per cent

Indian IT crosses $200-bn revenue mark, hits $227 bn in FY22: Nasscom

The industry added 450,000 new hires in FY22, the highest ever taking the total direct employee base of the industry to 5 million.

Will Indian IT industry sustain its growth momentum?

The contribution of IT sector in India's GDP rose from 1.2% in 1998 to 10% in 2019. It has made its presence felt globally too. Here's a report on the Indian IT sector and the road ahead for it

WFH benefits and other Budget expectations of IT and startup sectors

With the 2022-23 budget nearing and the third wave of the pandemic in full force, the industry is hoping FM Nirmala Sitharaman will provide support for growth

Employee connect crucial to build culture esp for freshers: Rishad Premji

Says the top challenge that the IT industry is facing right now is talent. The companies who win the war on talent, win the game

2022 is giving us a solution to the growing challenges around tech talent

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"IT Hero Rises: Recognizing the dedicated and Passionte IT Heroes"

"A symphony SummitAI initiative in partnershipwith CIO Association"

This Dutch IT consulting firm offers boutique solutions to global companies

Xebia began as a group of technologists advising on precise tech blueprints and architecture to companies that had burnt their fingers with shoddy IT implementation

India's software market revenues to cross $8.2 bn by 2021-end: IDC

The software market in India is estimated to surpass USD 8.2 billion by the end of the calendar year 2021, according to research firm IDC. India software market was pegged at USD 4 billion in the first half of 2021, registering a growth of 15.9 per cent year-over-year (YoY), as per IDC's Worldwide Semiannual Software Tracker 1H21 (January-June) report. India accounted for a share of 18.3 per cent of the overall Asia-Pacific excluding Japan and China (APeJC) region software market during the January-June 2021 period, it added. Microsoft, Oracle, and SAP maintained their leadership position in the India market during the first half of the year. "Indian enterprises are continuing their digital transformation initiatives with a clear focus on scalable, secure and agile frameworks. They ramped up investments on cloud for scalability, AI to leverage data accurately and serve the clients more efficiently, and security to protect their network and systems with greater emphasis on SASE and

Strong Indian tech startup ecosystem, ripe for scale-ups: Nasscom report

Analysis of about 100 shortlisted "scale-up" stories in startups indicate a story of growth and focus over the past decade

Vice President Venkaiah Naidu flags off Bengaluru Tech Summit-2021

The Vice President said it has become necessary to transform IT and BT "by doing our duty to become mighty" in creating knowledge wealth for the country

TMS, Ep 40: Back to office, crypto ban, Nykaa, IPO, and circuit filters

What are the challenges facing IT firms as employees return to office? Is crypto too mainstream in India to be banned? Is it right time to partially book profit in Nykaa IPO? Get all the answers here

Back to the office: New challenges await IT companies as employees return

The IT services industry is slowly opening up offices after a lengthy Covid-induced hiatus. But employees now seen apprehensive about coming back and are raising a new set of demands

IT industry weighs options as Haryana quota law comes into force in January

In March, when Haryana first proposed the law, industries across the board expressed reservations about it

Govt, tech industry partner to launch FutureSkills Prime platform

India's demand for Digital Talent jobs is currently 8x larger than the available talent pool and is expected to rise to 20x by 2024

Govt expects Indian electronics manufacturing to reach $300 bn: MoS IT

The government expects the Indian electronics manufacturing sector to grow to around $300 billion (about Rs 22.5 lakh crore) by 2024-25, IT minister Rajeev Chandrasekhar said

What's behind record staff exits at Indian IT giants?

The war for talent has become a problem facing the IT industry amid an acute shortage of digital skills. Let us look at the reasons behind the issue and what the companies are doing to tackle this

Post-Covid world presents a 'Y2K-like' moment for IT: Rajeev Chandrasekhar

He said the industry needs to play a bigger role in tackling skilling-related challenges

Qentelli to hire over 500 tech professionals in India by 2021-end

Global technology company Qentelli on Thursday said it is planning to hire over 500 professionals in India by the end of this year to meet the demands of its new business wins.