TRENDING NEWS

Business Communications platform GoTo recently concluded its inaugural India Partner Summit to recognize and celebrate the remarkable growth of its channel partners in 2022. The event served as an opportunity to honor the success of GoTo’s local channel ecosystem while outlining the company’s future plans in the region, particularly regarding its expanding IT management and support portfolio.   With an …

Almost 73% of surveyed organizations in India reported being victims of ransomware attacks, a significant rise from the previous year’s 57%, according to a recent report from Sophos. Out of these attacks, 77% successfully encrypted the organizations’ data, with 44% resorting to paying the ransom to regain access. However, this payment rate has dropped from last year’s 78%.   Globally, …

According to Gartner’s latest forecast, global government IT spending is expected to reach $589.8 billion in 2023, representing a 7.6% increase from the previous year. The surge in spending comes as governments face various challenges, including inflation, workforce scarcity, and the need to counterbalance internal talent scarcity.   Apeksha Kaushik, Principal Analyst at Gartner, highlighted the impact of these challenges …

Wipro has announced an expanded partnership with Google Cloud to bring advanced generative artificial intelligence (AI) capabilities to clients worldwide. This collaboration will see Wipro integrate Google Cloud’s suite of generative AI products and services, such as Vertex AI, Generative AI App Builder, and the Model Garden collection, with its own AI intellectual property, business accelerators, and pre-built industry solutions. …

As per sources familiar with the matter, SoftBank Investment Advisers, responsible for managing two Vision Funds, is considering launching a private credit strategy that would provide structured financing in the form of debt or debt-like instruments to late-stage tech startups. The fund would aim to offer liquidity options to tech startups, including portfolios held by SoftBank, amid a slow venture …

On Tuesday, the International Organization of Securities Commissions (IOSCO) revealed the first global approach to regulating cryptoasset and digital markets, utilizing lessons learned from the 2020 collapse of the FTX exchange that raised concerns regarding consumer protection. The crypto industry, which usually only has to comply with anti-money laundering checks, has been requesting a global approach to regulation as different …

The Data Protection Commission (DPC) of Ireland has issued the largest fine under the EU’s General Data Protection Regulation privacy law against Meta. Meta has expressed its intention to appeal against the ruling, claiming it to be unjustified and unnecessary. The crux of the decision is the use of standard contractual clauses (SCCs) for transferring European Union’s data to the …

CloudKeeper, a leading company in the AWS FinOps and Cost Optimization field, has introduced CloudKeeper Auto, an AI-based AWS reservation management platform that requires no manual effort. This innovative solution helps companies optimize their AWS EC2 reservations and reduce cloud costs. Companies can save money on AWS through Reserved Instances (RIs) and Saving Plans that require one or three-year commitments. …

Wipro has announced a significant five-year business partnership with ServiceNow, a renowned digital workflow platform. The collaboration aims to introduce new offerings that empower clients to overcome business challenges, achieve greater value, and drive business transformation.   Building upon their existing partnership, the agreement is expected to propel Wipro’s ambition of establishing a $1 billion business with ServiceNow by the …

A recent survey conducted by International Data Corporation (IDC) reveals that nearly 67% of Indian enterprises are planning to outsource key aspects of their security landscape to managed security service providers (MSSPs) within the next three years. However, the survey also highlights a growing trend among enterprises to consolidate their partnerships with MSSPs in the future.   As businesses embark …