Value of digital payments in India to increase three-fold. PhonePe, India’s leading digital payments company, in collaboration with Boston Consulting Group (BCG), today unveiled a report titled, “Digital payments in India: A $US10 trillion opportunity”. The report leverages BCG’s industry expertise in payments and the fintech domain, along with PhonePe’s deep insights and expertise as the…
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The data centre helps customers meet their data residency. Trellix, the cybersecurity company building resilient and confident organizations through living security, today announced the opening of a new data centre in Mumbai which will help customers in India meet their data residency and compliance requirements. The launch of the new…
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Shipments include shipments to distribution channels or end-users. The India traditional PC market, inclusive of desktops, notebooks, and workstations delivered another strong quarter (Jan-Mar 2022) shipping over 4.3 million units with a YoY growth of 37.7 per cent. While the notebook category continued to be the volume driver with 3.1 million…
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The opening of the year was relatively slower as compared with 1Q21. India smartphone shipments declined for the third consecutive quarter, shipping 37 million smartphone units in 1Q22, a drop of 5 per cent YoY. The opening of the year was relatively slower as compared with 1Q21, due to the…
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Indian domestic IT services market grows by 7.9% in 2021 In 2021, the Indian domestic IT & Business Services market was valued at USD 14.15 Billion and recorded a 7.2% year-over-year (YoY) growth as compared to 5.3% in 2020, according to the International Data Corporation’s (IDC) Worldwide Semi-annual Services Tracker. The…
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IBM Security Command Centre in India represents significant investment in security. IBM announced a multi-million-dollar investment in its resources to help businesses prepare for and manage the growing threat of cyberattacks to organizations across the Asia Pacific (APAC) region. The centrepiece of this investment is the new IBM Security Command Centre, the…
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Airtel and Tech Mahindra will co-develop and market 5G use cases in India. Bharti Airtel (“Airtel”), India’s premier communications solutions provider, and Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, today announced a strategic partnership to build and market innovative solutions for India’s…
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Infrastructure lead times have currently risen to the levels of 26-28 weeks for many vendors. India’s networking market which includes Ethernet Switch, Routers, and WLAN segments witnessed a 13.6 per cent year-over-year (YoY) growth in terms of vendor revenues during 4Q21 (Oct-Dec). With organizations looking to re-open campuses, the investments…
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The company’s job postings in the Philippines increased by 51 per cent in 2021 compared to 2020. International Business Machines Corp (IBM) is on a hiring spree. The US-headquartered company created around 23,000 jobs between January and March 2022 with 59 per cent of such jobs posted in India. The…
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Enterprises in India are looking to invest in enterprise intelligence initiatives. IDC predicts that by 2023, 40 per cent of enterprise intelligence initiatives will be business specific, purpose built for business, shortening the data to decisions time frame by 25 per cent, driving higher agility and resiliency. This is among the…
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