An increase of 7% from 2021. IT spending in India is forecast to total $101.8 billion in 2022, an increase of 7% from 2021, according to the latest forecast by Gartner, Inc. “The digital transformation trajectory that began as a pandemic response is here to stay for the next few…
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Compound annual growth of 24.1% for 2020-25. India’s public cloud services (PCS) market, including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS) solutions, and software-as-a-service (SaaS), revenue totaled $2.2 billion for the first half of 2021 (January-June), according to the International Data Corporation (IDC) Worldwide Semi-annual Public Cloud Services Tracker, 1H 2021release. The overall Indian public cloud…
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Indian enterprises continuing to invest in digital transformation. The Indian IT & Business Services market was valued at USD 6.96 Billion and recorded a 6.4 per cent year-over-year (YoY) growth in 1H2021 (Jan-Jun) compared to 5.1 per cent in 1H2020, according to the International Data Corporation’s (IDC) Worldwide Semi-annual Services Tracker.…
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Enabling access to civic services and providing ease of living for all citizens. India’s eGov Foundation’s DIGIT platform now supports the National Urban Digital Mission with the objective of supporting effective citizen-centric governance. With an emphasis on realizing the vision of ‘Atma Nirbhar Bharat’, NIUA and eGov Foundation have commenced working seamlessly towards improved…
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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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