Hyderabad, Chennai and New Delhi have emerged as the top data centre markets in the Asia-Pacific region as per the latest Data Centre Q3 2022 report from Knight Frank in partnership with data centre research and analytics platform – DC Byte. The nine rapidly developing markets in the Asia Pacific region that are the focus of the report are Osaka, Melbourne, Jakarta, Manila, …
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Gaming Sector to Add 1 Lakh Jobs over FY23-End
The gaming sector in India is likely to grow by 20-30 percent and is expected to add 1 lakh direct and indirect new jobs by FY-23. According to a new report by the staffing firm, TeamLease Digital, the sector has grown from Rs 7037 crore in FY 2019 to Rs 14,300 crore in FY 2022 and is projected to be worth Rs 38,097 crore in FY 2026. The sector employs 50,000 people, which includes …
Read More »Indian IT Services Market Grows by 8.1% in the 1H2022
The Indian domestic IT & business services market saw a 7.4 percent YoY growth in 1H2022 (Jan-Jun) compared to 6.4 percent in 1H2021. The market was valued at 7.15 billion in 1H2022 as per the recent IDC Worldwide Semi-annual Services Tracker. The market witnessed a higher growth rate due to the continuing rise in digital transformation investments among Indian enterprises. …
Read More »Smartphone Market Records Lowest 3rd Quarter Shipments in 3 Years
India’s smartphone market witnessed a decline of 10 percent YoY shipping 43 million units in 3Q22 (July-September). As per IDC’s Worldwide Quarterly Mobile Phone Tracker, this was the lowest third-quarter shipment since 2019 despite an earlier onset of the Diwali festivities. According to the analyst firm, weakening demand and increasing device prices negatively impacted festive buying. The report highlighted …
Read More »VMware Unveils Cloud-Native App Modernization, Cloud Management Capabilities
VMware has announced advancements to its Tanzu cloud-native app portfolio and VMware Aria cloud management platform to deliver a cloud smart approach to cloud-native application development, delivery, and management. The company has announced the beta launch of VMware Image Builder, the Bitnami engine powering the automation behind the packaging, verification, and distribution of VMware Application Catalog artifacts. According …
Read More »Lenovo Delivers 10ᵗʰ Straight Quarter of Growth Year-On-Year
Lenovo has recorded revenue growth of 14 percent QoQ to $648 million across all its businesses in India in Q2 FY22-23. The company’s pocket-to-cloud architecture enabled it to drive synergies across business units and segments to deliver the 10th consecutive quarter of growth. Lenovo’s Infrastructure Solutions Group and Services & Solutions Group delivered significant growth as it continued to build …
Read More »45% of Enterprises Prefer MSPs or SIs for SD-WAN Migration
Over 45 percent of Indian enterprises would prefer working with Managed IT Service Providers or Systems Integrators as per the latest research report from IDC. The research also highlighted that 36 percent of the enterprises will prefer working with equipment of technology vendors for migrating to SD-WAN. As per IDC’s Asia/Pacific Connected Enterprises Survey, 16 percent of Indian enterprises …
Read More »Revamp Moto Partners with Panache for EV Contract Manufacturing
Modular Electric Vehicle (EV) manufacturer, Revamp Moto, has appointed Panache as their contract manufacturer for EVs. Panache, led by Amit Rambhia, specializes in design, manufacturing, distribution and services of ICT and IoT devices. Through this alliance, Panache will foray into the Indian EV market to assemble indigenously made EVs for Revamp Moto at its facility in Bhiwandi, Mumbai. The …
Read More »Yotta Launches North India’s First Hyperscale Data Center in Greater Noida
Yotta Infrastructure has launched North India’s first hyper-scale data center, Yotta D1, at its Greater Noida Data Center Park. The data center was inaugurated by Yogi Adityanath, Chief Minister, Uttar Pradesh and Rajeev Chandrasekhar, Union Minister of State, Electronics & IT and Skill Development & Entrepreneurship. Yotta D1, the first of 6 data center buildings in the Greater Noida data …
Read More »70% of Businesses are Unsatisfied with Network Capabilities
Almost 70 percent of CEOs are not satisfied with network capabilities and believe that their network maturity level is hurting business delivery, according to Global Network Report from NTT. Just two in five businesses are very satisfied with their current network capabilities despite investments to adopt hybrid, distributed work environments with multiple connected devices. A majority of executives rely on …
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