A government portal to sell bus tickets online is making a fresh attempt to challenge private sector competitors.
Given the state of infrastructure and data security laws in the country, customers did not want to take a risk.
Intel Capital has invested more than 50 crore in a Bangalore-based startup, NxtGen Datacenter and Cloud Technologies.
While earlier they would throw their hats in the ring for virtually every government project, even the largest IT cos are becoming choosy.
As rupee slips & slides, companies are being forced to put on hold planned upgrades, new purchases, and other business plans.
Deepak Khanna, the joint chief executive officer at enterprise data services firm Tulip, is learnt to have put in his papers.
CFOs at several large corporations admitted that while they realise the potential to mine golden insights from the data, few have actually succeeded.
Besides the government, companies in banking, financial services and manufacturing have traditionally been large IT spenders in India.
Many top cos are insisting that enterprise software from SAP and Oracle should be maintained by third parties, resulting in savings of up to 50 per cent.
Indian IT firms could be looking at Europe as the next frontier for expanding business but proposed changes in the European data protection rules could make it tougher for them to expand as fast as they would want.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon