CHANNEL NEWS

Indian IT leaders have expressed the highest level of confidence in their existing IT infrastructure’s preparedness for artificial intelligence (AI), according to the Equinix 2023 Global Tech Trends Survey. The study found that 85% of surveyed IT leaders in India believe their infrastructure is ready for the demands of AI, while only 56% in the broader Asia-Pacific region share the …

In a reaffirmation of its dedication to the growth of India’s small businesses, Meta has announced two new skilling initiatives in the country. The tech giant has forged a partnership with the Confederation of All India Traders (CAIT) to provide training for 1 million traders on the WhatsApp Business App over the next three years. Additionally, Meta has launched the …

Global banking and investment services IT spending is projected to grow by 8.1% in 2023, reaching a total of $652.1 billion, according to Gartner, Inc. The largest growth is expected in software spending, with a significant increase of 13.5% anticipated for the same year. Debbie Buckland, Director Analyst at Gartner, highlighted the impact of current economic conditions on technology investments …

Hewlett Packard Enterprise (HPE) has recently announced a significant expansion of its offerings and innovation across multiple fronts, including the HPE GreenLake edge-to-cloud platform, hybrid cloud services, private cloud portfolio, and partner ecosystem. These developments aim to provide customers with enhanced flexibility, choice, and capabilities in their hybrid and private cloud strategies. One of the notable highlights is the completion …

NETGEAR, the leading provider of award-winning connected products designed to simplify and improve people’s lives; successfully organized NETGEAR CONNECT event in Lucknow. The partner event brought together an exceptional gathering of industry leaders, visionaries, and professionals, representing a diverse range of expertise and backgrounds, under one roof.  The event witnessed a massive response with attendees joining from various parts of Uttar Pradesh. The …

Dev Information Technology (DEV IT), a prominent IT company in India, has made a significant announcement today regarding the acquisition of a controlling stake by LT1, Inc., a wholly-owned subsidiary of Lilikoi Holdings. This collaboration between Lilikoi and DEV IT aims to integrate Lilikoi’s vision of becoming a unique IoT and AI wireless ecosystem provider with DEV IT’s software service …

Graph database and analytics company Neo4j recently concluded its second GraphSummit in Mumbai on June 13, 2023, bringing together graph enthusiasts to explore the latest advancements in data analytics and the transformative power of graphs in advancing analytics and AI. The event featured presentations by companies such as Infosys, Standard Chartered, and Gameskraft, demonstrating the versatile application of graph data …

Zoho has announced significant investments across its portfolio to accelerate its growth in the upmarket segment. Over the past three years, Zoho has achieved an impressive compound annual growth rate (CAGR) of over 65% in annual recurring revenue (ARR) within the mid-market and enterprise segment in India. This segment now accounts for more than 50% of Zoho’s ARR in the …

According to a recent survey conducted by Gartner, Inc., the number of technology buyers expressing regret over their “as-a-service” agreements has increased by 6% since 2020, reaching 60%. The survey, conducted between February and March 2023, involved 1,503 respondents from organizations with annual revenue of at least $50 million from Western Europe, North America, and Asia/Pacific. The findings shed light …

New research conducted by Salesforce reveals that generative AI is poised to revolutionize the role of marketers, potentially saving them over five hours of work per week, equivalent to more than a month per year. However, while marketers view this technology as transformative, they also emphasize the need for human oversight, trusted customer data, and training to ensure its successful …