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IDC Forecasts 11% Year-on-Year Growth in India’s IT Spending, Reaching $44 Billion in 2024

India's IT spending to surge by 11% in 2024, reaching $44 billion, says IDC.

According to the latest report from the International Data Corporation (IDC), IT spending in India is poised to witness an 11% year-on-year increase, reaching a total of $44 billion by the end of 2024. This projection was shared during the thirteenth annual India CIO Summit titled “The Future of IT: Rethinking Digitalization for an AI Everywhere World,” where CIOs and …

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Recipients of Asia Pacific and Japan CrowdStrike Partner Awards Honored at Bangkok Partner Symposium

Asia Pacific & Japan CrowdStrike Partner Award Winners Honored

CrowdStrike recently honored the winners of its annual Asia Pacific and Japan (APJ) Partner Awards during the CrowdStrike Partner Symposium held in Bangkok. These awards recognize the outstanding contributions made by partners throughout the year. The ceremony acknowledges partners in various categories, including partner of the year, growth partner, solutions integrator, technology alliance ecosystem partner, managed security services provider (MSSP), …

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Lexar Organizes Nationwide Roadshow to Strengthen Retail Network Across India

Lexar's Nationwide Roadshow Bolsters Retail Network in India

Lexar, a prominent global provider of memory and storage solutions, partnered with its national distributors Redington Ltd, Creative NewTech Ltd, and New Color India Films, to conduct an extensive channel roadshow across India. This roadshow, spanning metro cities like Delhi, Mumbai, Bengaluru, and Chennai, aimed to bolster and broaden Lexar’s distribution network in India while introducing its innovative product range …

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DevRev Launches OneCRM Cloud in Mumbai Region

DevRev Launches OneCRM Cloud in Mumbai Region

DevRev, the creator of OneCRM, has unveiled the availability of OneCRM applications in the Mumbai region during its inaugural user conference in India, Effortless Mumbai. This announcement follows the introduction of customizable LLMs and in-browser analytics at Effortless Santa Clara last year, aimed at making GenAI more actionable and affordable for enterprises. With a significant presence of major BFSIs and …

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UK Hospital Achieves Surgical Breakthrough with Apple’s Vision Pro Headset

UK Hospital's Surgical Breakthrough with Apple's Vision Pro Headset

Apple’s Vision Pro headset made waves in the medical field as it played a pivotal role in a surgical procedure conducted at Cromwell Hospital in the UK. During the operation, a nurse utilized cutting-edge technology to navigate the surgical environment, marking a significant advancement in medical innovation. The use of the Vision Pro mixed reality headset during the surgery was …

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Cerebras Systems Introduces Latest Generation AI Processor

Cerebras Systems Introduces Latest Generation AI Processor

Cerebras Systems, an emerging player in artificial intelligence technology, has unveiled an updated iteration of its expansive AI processor chips, likened to dinner plates in size. This new hardware release promises to deliver double the performance compared to its predecessor, all while maintaining the same price point. Headquartered in Santa Clara, California, Cerebras competes directly with Nvidia, a prominent producer …

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Gartner: 1/3 of GenAI Interactions to Employ Autonomous Agents by 2028

Gartner: 1/3 of GenAI Interactions to Employ Autonomous Agents by 2028

Gartner forecasts that by 2028, approximately one-third of interactions with generative AI (GenAI) services will utilize action models and autonomous agents for completing tasks. These autonomous agents, which function without continual human intervention, utilize various AI techniques to make decisions and generate outputs. They possess the capability to learn from their environment and improve over time, enabling them to handle …

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Hexaware Introduces tensai GPT, an AI Web App in Partnership with Microsoft Azure Open AI Service

Hexaware Unveils tensai GPT with Microsoft Azure

Hexaware, a global leader in IT services and digital solutions has announced the release of tensai GPT, an AI web application developed in collaboration with Microsoft. This innovative platform, powered by Microsoft Azure Open AI Service, aims to facilitate internal innovation among Hexaware employees by harnessing enterprise knowledge across various industries. The launch underscores Hexaware’s dedication to promoting collaboration between …

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F5 Enhances Multi-cloud Application Security with Automated Penetration Testing

F5 Boosts Multi-cloud App Security with Automated Penetration Testing

F5 has integrated automated reconnaissance and penetration testing capabilities into F5 Distributed Cloud Services. This addition, powered by the acquisition of Heyhack, enables customers to safeguard their growing number of applications and APIs in multi-cloud environments more effectively. These new capabilities empower F5 Distributed Cloud Services users to effortlessly identify vulnerabilities in their web applications through automated scans. Based on …

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India Braces for Phishing and Ransomware Surge, Urges AI and Automation Adoption for Security

India Readies for Cyber Threats, Urges AI and Automation Adoption

Fortinet, a global leader in cybersecurity driving networking and security convergence, has unveiled insights from a recent IDC survey on Security Operations (SecOps) in the Asia-Pacific region. Commissioned by Fortinet, the survey sheds light on the current SecOps landscape, with a focus on Artificial Intelligence (AI) and automation. The study delves into various facets, including prevalent security practices, attack frequencies, …

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