Research shows that there is a significant shortage of skilled cybersecurity professionals. End-user spending on security and risk management in India is forecast to total $US2.6 billion in 2022, an increase of 9.4 per cent from 2021, according to Gartner, Inc. Gartner analysts are discussing how security leaders in India…
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Banks are revisiting their legacy IT infrastructure. The corporate banking revenue of leading banks in India has largely remained muted or negative during most part of the current financial year. Declining net interest margins on corporate lending is further adding pressure on non-lending banking businesses like transaction services to broaden…
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Artificial Intelligence and Machine Learning (AI/ML) were identified as the top transformative technologies. The State of the Industry: Future of Work survey was created to gain insights from senior executives regarding current and future work models, challenges posed under new working models, and technology accelerants to aid change in the way…
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Shared mobility presents promising solutions to meet India’s increasing demand. Frost & Sullivan’s recent analysis of the Indian shared mobility industry finds that rapidly increasing urbanization in the country presents an opportunity for an integrated, multimodal transport system. Shared mobility presents promising solutions to meet India’s increasing demand for transportation services. With people relying…
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Technology will only continue to grow in India in 2022 and beyond. International Data Corporation (IDC) predicts that by 2024, 40 per cent of large enterprises will expand the use of AI/ML across all business-critical horizontal functions like marketing, legal, HR, procurement, and supply chain logistics. That is one of the…
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The war on good talent has taken its toll on enterprises. The formation of Jio Space Technology Limited – a joint venture between India-based digital service provider Jio Platforms Limited (JPL) and Luxembourg-based satellite connectivity solutions provider SES – to deliver affordable broadband services leveraging satellite technology will go a…
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By 2022, more than half the global economy is based on or influenced by digital. International Data Corporation predicts that by 2024, enterprises in India will shift 50 per cent of all tech and services spending to as-a-service and outcomes-centric models. Organizations are continuing to navigate the disruptions, accelerations, and…
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The Indian HMI market is estimated to reach $US1.67 billion by 2027 from $US980 million in 2020. Frost & Sullivan’s recent analysis of the Indian Human Machine Interface Industry finds that consumer demand for comfort, safety, and security in their cars contributes to the Indian HMI market growth. The surge in demand…
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The strategic development will bolster Airtel’s network-as-a-service. Indian telecom major Bharti Airtel’s agreement to acquire a 25 per cent equity stake in Bengaluru-based software-defined wide area network (SD-WAN) start-up, Lavelle Networks, points towards a growing market for SD-WAN (through enterprise customer offerings) in India, observes GlobalData, a leading data and analytics company.…
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Most of the enterprises have already reached the pre-pandemic normalcy levels. the India software market is estimated to surpass US$8.2 billion by the end of the calendar year 2021. India software market was pegged at US$4.0 billion in 1H21, registering a growth of 15.9% year-over-year (YoY) compared to 1H20. India…
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