The Economic Times
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| 26 November, 2020, 01:59 AM IST | E-Paper


    TCS tries out gig-type working models in pandemic's wake

    India's largest IT-services company is now open to breaking up projects and allowing employees with the necessary skills to execute specific parts of projects irrespective of their location.

    India's IT and business services market to reach $13 billion by December 2020: IDC

    Of the IT and business services market, the IT services market contributed 77.4% in H1 2020, growing 5.9% y-o-y as compared to 9.3% growth in the year-ago period.

    Indian tech startups get global footprint with support from GICs

    A number of companies like NetApp, Airbus, and Cisco run their own accelerator programs here, investing in startups and working with them to take their products to a larger market

    Schneider Electric taps Citigroup Capital Markets to offload Luminous Power

    Schneider has grown its India presence through a ‘string of pearls’ strategy, where it acquired mass brands and integrated them into its fold

    IT industry seeks permanent WFH relaxation for SEZ units

    In discussions with the Ministry of Commerce – the latest of which took place on Tuesday -- IT industry lobby group Nasscom said clarity on this issue will allow the industry to plan a blended work model in future.

    GlobalLogic acquires UK-based ECS Group

    Under the agreement, ECS will continue to operate with its existing leadership and staff as a wholly-owned subsidiary of GlobalLogic

    Public cloud spending to grow to $4.1 billion in 2021: Gartner

    In 2021, spending on managed services and cloud infrastructure will make up 8% of total IT spending in India.

    Mindtree partners with Nordex Group

    Mindtree will support the full stack transformation of its current IT operations and service delivery.

    The demand for cloud adoption has increased exponentially: Indium Software's Ram Sukumar

    With the pandemic, there has been accelerated cloud adoption among key verticals including manufacturing, pharma, retail, BFSI and real-estate.

    ITC Infotech eyes double-digit growth this year

    The $350 million IT services company witnessed a 7% growth in the first half of the ongoing financial year.

    EbixCash acquires AssureEdge amid growing demand for insurance

    The company will be rebranded as EbixCash Global BPO services.

    Tech Mahindra announces partnership with RUAG International

    Tech Mahindra will support RUAG International in its IT infrastructure digitisation strategy by transforming the core infrastructure operations using next-generation service to enhance customer experience and faster time-to-market.

    IT sector key in aiding clients with restrategizing business goals: ET-ILC members

    The Covid-19 pandemic created an urgent requirement for applications and digital services across the public and private sectors

    AI, ML, 5G, IoT will be most important tech in 2021: Study

    About 52% of CIOs and CTOs see their biggest challenge as dealing with aspects of Covid-19 recovery in relation to business operations, the study said.

    IT spending to grow 6% to $81.9B in 2021, spending in 2020 sees over 8% drop

    Contrary to other markets where spending declined across all segments, CIOs in India continued to spend on enterprise software, IT services, and communication services in 2020.

    Infosys likely to win $1.3 billion Daimler deal

    Infosys already serves as a strategic partner for Daimler’s European data centres. The service is delivered out of Daimler’s enterprise operations office in Bengaluru.

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