Domestic IT sector is likely to see its weakest September quarter in the past 8 years due to broad based slowdown in BFSI and healthcare as well as delays in projects across many clients, says a report.
Technology giant Microsoft today said sectors like healthcare, banking, financial services and insurance as well as startups are among the leading users of its local cloud services in India.
Cloud will unlock the country’s endless possibilities: Microsoft India enterprise biz head Peter Gartenberg
Peter Gartenberg, who leads Microsoft India’s Enterprise business segment, believes that migration to cloud services hosted locally will enable financial institutions to cut costs and manage operational risk while meeting customer demands for innovative products and services.
Intellect Design Arena Ltd, a banking and insurance technology solutions provider, announced that IDFC Bank, a subsidiary of integrated infrastructure finance company, IDFC Ltd., has successfully implemented Intellect’s Global Transaction Banking (iGTB) solution suite.
It was also alarming to note that 54 percent indicated that spend on cyber defences is less than 5 percent of IT spend, the report stated.
Microsoft India's cloud updates: 3 data centres launched today; locally hosted Office 365 to go live
Most of the customers now would be able to use public cloud with still being compliant, which otherwise they were not able to, says Greyhound CEO Sanchit Gogia.
The Aptech Certified Banking Specialist programme offered by the Aptech Banking & Finance Academy has been designed to offer new age banking skills in front office and banking operations.
IDC India expects the local IT Services market to grow at a compound annual growth rate (CAGR) of 10.8% (in INR) between 2014 and 2019.
The placement season at business schools is witnessing a significant uptrend this year with rush of offers from domestic as well as international MNCs and average salaries rising by over 20 percent.
Shares of Tata Consultancy Services fell 3.5 percent today after the company in a conference call on Friday warned that its October-December net profit will be impacted by seasonal trends.<br />
On geographies, TCS said the demand environment in North America is in-line, adjusted for seasonal weakness
In an interview with <em>Firstbiz</em>, Venkatesh Krishnan, Vice President, Technology Business, Oracle India explains how Oracle's Engineered Systems business is growing in India, the new customers they are capturing from competition and discusses the industry sectors Oracle is targeting.
Demand would be led by the IT/ITeS sector (40 percent) followed by manufacturing and BFSI sectors. Bangalore would continue to be the largest contributor in office space demand.
IBM unveils Big Data and Analytics - based dashboard to boost enterprise risk management solution