Druva crosses $100 million in annual recurring revenue
The growth has been driven largely by increasing cloud adoption and a shift to SaaS (software as a service) delivery for data protection. Earlier this year, the company had announced that it had raised $130 million in late-stage funding at a valuation of more than $1 billion.
Why rumours about the death of desktop are exaggerated
In the enterprise segment, desktop still enjoys a respectable 38% share, from 73% in 2...
Organisations must review outsourcing arrangements to mitigate geopolitical risk: Gartner
According to Gartner, Inc., fears of geopolitical i...
Companies must review outsourcing to mitigate geopolitical risk: Gartner
Geopolitical conditions have a direct impact on trade and economic activities of a country. According to Gartner Inc, recent events like the Sri Lankan terrorist attacks, the US-China trade dispute and political tensions in Hong Kong are raising fears of delivery disruptions. This could further affect global offshore services market.
Indian firms to delay spend in transformation, total IT spending to reach $94 billion in 2020: Gartner
“They (organisations in India) may delay those investments given the environment especially in the manufacturing sector because that is going through a very tough time, customer experience related transformation initiatives can be put on hold or go slow. “It will be harsh to say they are not going to put in money in transformation,” said Gartner.
IT spend to touch $94 billion in 2020 on wings of software
According to Gartner, roughly $17.8 billion of the estimated $94 billion is considered spending in IT services and devices would be $35.4 billion. These two areas are expected to see a delay in discretionary spending or investment in digital transformation.
Slowdown signal: Top companies cold to IIT hiring season
Some of ‘Day One’ cos have either declined placement cells' requests or are yet to confirm their interest.
As companies rethink spends, IT braces for weaker India numbers
Amid a slowdown, companies are holding back on technology spends, which will impact their growth in India.
Festive delight: PCs are back in fashion; here's why you should get one before prices go up in December
Thanksgiving gifting and back-to-school purchases traditionally help drive PC sales around this time.
Samsung bounces back, smartphone sales up: Gartner
Global sales of smartphones to end-users declined 1.7 per cent in the second quarter, totaling 368 million units.
Most Blockchain tech years away from transformational impact
Most Blockchain technologies are still 5-10 years away from transformational impact, said a new report by Gartner Inc. on Wednesday.
Enterprise information security spending to reach over $2 billion by 2020: Gartner
In 2019, security services will represent 51.5% of the total enterprise information security spending in the country.
Infosys sees a jump in cloud services as company ties up with biggies
The Bengaluru-based IT services provider is betting on this growth to drive digital services.
RIL partners Microsoft to start up a software boom
In partnership with US firm, Reliance to offer cloud-based solutions to small and medium enterprises at a ‘rock-bottom’ price; to invest in blockchain, IoT networks
Automation Anywhere plans to spend $100 million to expand India operations
As part of the expansion plan, Automation Anywhere would strengthen its presence in Bengaluru, Mumbai, and Vadodara and open new offices in Delhi, Hyderabad, Chennai and Pune.
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