TiE and Start-Up Nation Central sign historic Memorandum of Understanding (MOU). Israeli not-for-profit Start-Up Nation Central signed a historic MOU with TiE (The IndUS Entrepreneurs), one of the world’s largest networks of entrepreneurs. The MOU aims to achieve full implementation of sustainable Israeli and Indian technologies in the Food-Tech sector, particularly in the…
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Businesses in India will accelerate the adoption of both AI-centric and AI non-centric applications. By 2025 India’s AI market is expected to grow at a five-year compound annual growth rate (CAGR) of 20.2 per cent and total revenues reaching an impressive $US7.8 billion in India. The businesses in India will…
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Reducing the cost and inefficiencies of remittances between the two countries. The Monetary Authority of Singapore (MAS) and the Reserve Bank of India today announced plans to link Singapore’s PayNow and India’s Unified Payments Interface (UPI) real-time payment systems by July 2022. The PayNow-UPI linkage will enable users to make…
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India is anticipated to become a $US2 trillion digital economy by 2030. Equinix’s expansion into India will unlock opportunities for Indian businesses expanding internationally and for multinational corporations pursuing growth and innovation in the Indian market. With the upcoming 5G rollout in the country, companies can get ahead in the digital era…
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Indian medical technology services company to provide the training. Government of Kerala’s promoted Section 8 Company, Additional Skill Acquisition Programme Kerala (ASAP), to equip final year students with advanced skill sets and improve overall employability within the healthcare industry. India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic, medical technology,…
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Results so far show reducing transaction costs. Mumbai-based Yes Bank has appointed Mahesh Ramamoorthy as its CIO. In this critical role, he will lead Technology and Digital transformation for the Bank. Mahesh will also lead the new age technologies such as API, AI/ML, BI and Business Solutions which is going…
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Highest growth to be recorded in software in 2022. India government IT spending is projected to total $8.3 billion in 2022, an increase of 8.6 per cent from 2021 according to a latest forecast by Gartner “Digitalisation initiatives of Indian government organizations took a giant leap in 2020 because of…
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PC sales continue to remain robust, while smartphones sales remain stable. The India traditional PC market (inclusive of desktops, notebooks, and workstations) continued to be robust as the shipments grew by 50.5 per cent year-over-year (YoY) in 2Q21 (Apr-Jun), according to new data from the International Data Corporation (IDC)Â Worldwide Quarterly…
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Investment in digital trust programs key over the next two years. Building digital trust across the ecosystem has become a defining indicator of a successful digital transformation journey. Enterprises are accelerating their investments in cybersecurity solutions on back of the increased threats during the pandemic. A significant number of breaches…
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End-user spending on IT services in India to reach US$18B in 2021. The Indian IT services market has proven its durability through the last 15 months of the pandemic, according to Gartner. “The surge in remote working, need for business continuity planning and increased focus towards digitalization has increased the…
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