Infosys’s former Chief Executive Officer (CEO) and Managing Director (MD) Vishal Sikka’s resignation has created more rumbles than the constant complaints and intermittent spurts of annoyance that co-founder NR Narayana Murthy has been conveying through interviews in the media.
One of the strongest criticisms coming from some independent directors at Infosys was that Dr. Vishal Sikka was more of a CTO and less of a CEO.
Wipro said it has made its cloud-based Data Discovery Platform available for customers on Microsoft Azure through a “pay-per-insight” model. To be hosted on Microsoft’s cloud computing platform Azure, the Data Discovery Platform is a big data analytics-as-a-service solution that can enhance the ability of businesses in sectors such as banking and financial services, retail, energy, education, and manufacturing to make better decisions using pre-built applications.
With more than 1.2 billion monthly active users globally, Facebook Inc.-owned messaging application WhatsApp undoubtedly knows how to keep consumers engaged on its network. Will WhatsApp, however, be able to gain similar traction when it eventually launches its payment and WhatsApp for Business apps?
Technology giant Oracle has launched its cloud computing service for India, which aims to support the government’s GST rollout in July and plans to open data centres in the country. Analysts welcomed this move.
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being constructed.
There are clear efforts to modernise existing traditional infrastructure contracts (the ones with lower margins) and increase the use of digital technologies. Furthermore, HCL Tech has a significant focus on utilities, healthcare, manufacturing, life sciences among other verticals, that are witnessing a higher need for Digital Transformation and hence higher margins.
HCL Technologies on Tuesday reported a 7.8% rise in consolidated net profit at Rs2,070 crore for the third quarter ended December 31, 2016, as compared to Rs1,920 crore reported in the year-ago period.
Below are some of the latest tweets on this topic. Read a more updated thread by clicking on any of the tweets from below.
As 2016 winds down and we enter holiday mode, it’s time to start thinking of the 2017 work year. Here’s why you need to use your down time to put plans into place to upskill your employees and stay ahead of the pack.
Reliance Industries is gearing up to enter the software services business and plans to take on India’s IT giants, as the energy-to-telecom conglomerate taps the growing potential of the industrial internet.
HCL Technologies, India’s fourth largest software services company, expects digital, cloud, analytics, automation and internet of things (IoT) to grow faster than the traditional business segments, accounting for up to 20 per cent of revenues in next three to four years, from current five per cent.
Regardless of how the economy shapes up after Brexit, Britian’s decision to move out of the EU in June has undoubtedly given birth to a new-world equilibrium for all in Britain and EU.
Greyhound Research believes that despite the proposed outcomes of political and economic liberty arising out of Brexit, Britain’s reliance on the EU (and vice versa) will continue to be pivotal for their respective success.
About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these kids worked towards their future goals and also perceived their employer’s ability to meet those goals.
by Yahoo! Inc. has agreed to sell its core operations to US telecom giant Verizon Communications Inc. for $4.83 billion in a transaction that marks the end of the Internet pioneer as an independent company after a two-decade-long journey.
Yahoo, that has been restructuring its business for year now, finally sold out to Verizon. Verizon sealed the deal for $4.83 billion, all in cash. This acquisition gives Verizon access to Yahoo’s advertising technology tools such as BrightRoll and Flurry, assets such as Search, Mail, Messenger as well as real estate, among others. The deal is expected to close in Q1 2017.
Considered to be one of India’s most developed cities, Pune is making a name for itself as a go-to tech hub in the country. In recent years, the city has seen an exponential growth of its startup community and may be on its way to taking the country’s startup capital top spot.
As oracle programmers rewrite fresh codes for its cloud services, the company is scripting a new history. It is transforming itself into a cloud-first company. Some industry watchers might argue that it is a tad late in entering the realm of cloud, but Oracle will tell you it doesn’t matter; it is scaling up faster than all others.
On 12 June, 2016 Symantec announced its agreement to acquire Blue Coat for USD 4.65 billion.
As a result of this acquisition, the company will now have 385,000 customers, a vast repository of data sources and over 3,000 researchers and engineers worldwide. Post this acquisition, Symantec will have USD 4.4 billion in combined revenue (on pro-forma, non-GAAP basis) in FY16. By the end of FY18, Symantec expects to realise USD 550 million in run-rate cost savings. In addition, the combined entity will have access to vast Security and Threat Intelligence data sources including Telemetry gathered from 175 million protected endpoints; more than 2 billion emails scanned per day; 1.2 billion web requests monitored per day across 55 languages; 12,000 Cloud applications monitored and controlled.
aPM Narendra Modi’s highly ambitious Digital India Program completes a year of its existence today. In the last one year, several initiatives were announced by the government – from the launch of MyGov.in portal to BharatNet and E-sign to Wi-Fi hotspots.
It’s not an easy task to choose a cloud computing services provider, especially when companies like Amazon Web Services Inc. (AWS), Microsoft Corp., International Business Machines Corp. (IBM), Hewlett-Packard Co., Dell Inc., Oracle Corp. and VMware Inc. are pulling out all the stops to win customers in India.
As a part of its commitment to invest $5 billion in India, Amazon on Tuesday launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud provider position in India.
As a part of its commitment to invest $5 billion in India, Amazon has launched its first set of India data centres in Mumbai to cater to cloud computing services here unleashing a new race for the top cloud provider position in India, said a report in the Hindu.
IT veteran Karan Bajwa, who was the Managing Director of Microsoft, is set to join IBM. Bajwa tweeted that he is a reborn IBMer. He was in charge of sales and marketing operations of Microsoft.
On Tuesday, 28 June 2016, Amazon Web Services (AWS) announced the launch of its sixth Asia Pacific (APAC) Region in Mumbai, India.
The new AWS Mumbai Region consists of two separate Availability Zones at launch. This news is part of the company’s plan to expand its Asia Pacific footprint wherein it announced the launch of its South Korea (Seoul) Region barely six months ago. It is important to see this announcement in light of other investments that AWS is making broadly in India including technical support centres, investments in partner network among others. Of all key investments, one that is important to note is the 3rd AWS Point of Presence (PoP) in Delhi (after Mumbai and Chennai) for its Content Delivery Network (Amazon CloudFront) and DNS service (Amazon Route 53).
Chief Human Resources Officers (CHROs) are starting to pilot the use of bots in HR-related functions.
On Friday, 24 June 2016, Britain faced a decisive moment when the majority of its population (51.9%) voted in favour of moving out of the European Union (EU).
In a recent research note we highlighted a key trend about Chief Human Resources Officers (CHROs) piloting and implementing Workforce Empowerment Systems (WES) to win the war for talent. This trend was noted in our recent Greyhound Research study titled Global CHRO Priorities 2016, where we spoke to 750+ CHROs from across the globe.
Microsoft on Monday announced a $26.2 billion deal to acquire professional networking platform LinkedIn for $196 per share. The market gave a mixed reaction to the announcement. While shares of LinkedIn surged 47 percent to near $193, Microsoft’s stock was down 3.2 percent.
Indian security leaders welcome the move, expected to be finalized later this year, saying it will definitely change the way technology is consumed by organizations, as they expect new innovations to help them tackle future threats more effectively.
Leslie D’Monte, Technology Editor is in discussion with Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research, Vishal Dhupar of NVIDIA Graphics, DR Shriram Revankar of Adobe India Big Data Experience Lab and many more such guests in Mint Enterprise Technology Summit 2016 wherein they discussed about big data analytics in IoT world.
To see video insights by Sanchit Vir Gogia, click here
In its 41 years history, Microsoft has acquired several companies but the biggest success was none other than Hotmail, which was bought from Sabeer Bhatia for $500 million in 1997. However, a repeat of Hotmail is something that Microsoft hasn’t been able to achieve in the last 19 years despite making several deals worth over a billion dollar each.
Microsoft announced today that it bought LinkedIn in a $26.2 billion deal, the tech giant’s largest acquisition in its 41-year history by a wide margin. So what value does Microsoft see in the professional social networking site?
On June 13, 2016 Microsoft announced the agreement to acquire LinkedIn for USD 26.2 billion. Important to note that this is the first big deal under Satya Nadella’s leadership and LinkedIn will continue to operate as an independent company. Albeit this (in theory) will allow more room for innovation, let’s put this announcement in perspective:
The acquisition of LinkedIn by Microsoft will help the duo assist client companies, and even individuals in the personal lives, to organise information and orchestrate their functions better.