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Digital transformation spending in India to reach $85 bn by 2026 The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to reduce the costs by increasing efficiency, improving security/risk capabilities, and improving customer experience via tech-enabled digital transformation, a report said on Tuesday. More than 95 per cent of Indian organisations plan to increase DX spending or keep at the same level in 2023, according to the IDC. During the pandemic, digital transformation aided Indian ...
Digital transformation spending in India to reach $85 bn by 2026
Digital transformation spending in India to reach $85 bn by 2026
Source: IANS
6/12/2022 4:33:42 PM
JJIT Fintech powering Indian cooperative banks on their cloud journey The Indian banking, financial services and insurance (BFSI) sector is going through the next-generation digital transformation where banks pan-India need customised and optimised automated solutions to meet the ever-growing demands. JJIT Fintech Pvt Ltd, a leading banking solution provider with latest emerging technologies, is already helping more than 81 co-operative banks across the country in their digital transformation. Established in 1997 in Pune, the company is working closely wi...
JJIT Fintech powering Indian cooperative banks on their cloud journey
JJIT Fintech powering Indian cooperative banks on their cloud journey
Source: IANS
11/11/2022 3:12:17 PM
European Commission advances digital euro with legislative proposal The digital euro is inching closer to becoming a reality, with the European Commission (EC) preparing a legislative proposal and raising awareness on the matter, European Union (EU) officials have said. The conference, held by the EC and the European Central Bank (ECB) in Brussels, focuses on the legislative framework for the digital euro, reports Xinhua news agency. "The European Commission has been working together with the ECB to respond to the growing demand for online payments...
European Commission advances digital euro with legislative proposal
European Commission advances digital euro with legislative proposal
Source: IANS
8/11/2022 11:54:49 AM
Inflation, rising costs to slow down digital transformation: Report About 58 per cent healthcare industry professionals globally believe that digital transformation initiatives would be slowed down due to inflation and rising costs, a new report showed on Tuesday. About 63 per cent of healthcare and pharmaceutical industry professionals in North America expected a disruption to digitalisation initiatives in their business units due to inflation. The same opinion was expressed by 55 per cent of industry professionals in Europe and 47 per cent in the Asia...
Inflation, rising costs to slow down digital transformation: Report
Inflation, rising costs to slow down digital transformation: Report
Source: IANS
8/11/2022 11:02:00 AM
AdaniConneX announces opening of its flagship data centre campus in Chennai AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, announced the opening of 'Chennai 1' hyperscale data centre campus located at SIPCOT IT Park in Chennai, India. In Phase 1, the campus offers 17 MW (IT Load) that will scale up to 33 MW (IT Load) at full capacity. The 'Chennai 1' campus hosts Tamil Nadu's first pre-certified IGBC Platinum Rated data centre. The facility will also be powered with up to 100 per cent Renewable Energy, offering enterp...
AdaniConneX announces opening of its flagship data centre campus in Chennai
AdaniConneX announces opening of its flagship data centre campus in Chennai
Source: IANS
5/11/2022 11:00:54 AM
Aurionpro Solutions shines on launching digital Transformation Platform `Aurobees` for SMEs Aurionpro Solutions is currently trading at Rs. 415.70, up by 13.20 points or 3.28% from its previous closing of Rs. 402.50 on the BSE. The scrip opened at Rs. 386.70 and has touched a high and low of Rs. 423.30 and Rs. 386.70 respectively. So far 29370 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 428.90 on 13-Sep-2022 and a 52 week low of Rs. 184.35 on 27-Sep-2021. Last one week high and low of the scrip st...
Aurionpro Solutions shines on launching digital Transformation Platform `Aurobees` for SMEs
Aurionpro Solutions shines on launching digital Transformation Platform `Aurobees` for SMEs
Source: IANS
14/09/2022 12:15:50 PM
Global RPA software, services market to reach $20 bn in 2030 The global robotic process automation (RPA) software and services market will be worth $20.1 billion in 2030, up from $4.8 billion in 2021, a report said on Friday. Businesses in virtually every industry accelerated their automation efforts during the pandemic. As RPA is a relatively fast solution to implement, it allows enterprises to make headway on their digital transformation efforts, according to GlobalData, a leading data and analytics company. "Covid-19 highlighted the neces...
Global RPA software, services market to reach $20 bn in 2030
Global RPA software, services market to reach $20 bn in 2030
Source: IANS
26/08/2022 3:38:44 PM
Global digital transformation spending to reach $1.8 trillion this year Global spending on the digital transformation (DX) of business practices, products and organisations is forecast to reach $1.8 trillion in 2022, an increase of 17.6 per cent over 2021. The DX priorities that will see the largest investment in 2022 include back office support and infrastructure, smart manufacturing, and digital supply chain optimisation. Together, these three investment areas will represent more than $620 billion in DX spending this year, according to the International D...
Global digital transformation spending to reach $1.8 trillion this year
Global digital transformation spending to reach $1.8 trillion this year
Source: IANS
14/05/2022 5:39:41 PM
IT spending in India to cross $100 bn in 2022: Gartner Driven by a surge in digital transformation owing to the pandemic, the IT spending in India is forecast to total $101.8 billion in 2022, an increase of 7 per cent from 2021, global market research firm Gartner said on Wednesday. In 2022, all segments of IT spending in India are expected to grow, with software emerging as the highest growing segment. Spending on software is forecast to total $10.5 billion in 2022, up 14.4 per cent from 2021. While experiencing a slower growth rate tha...
IT spending in India to cross $100 bn in 2022: Gartner
IT spending in India to cross $100 bn in 2022: Gartner
Source: IANS
1/12/2021 1:38:10 PM
LG names new CEO to tap new biz opportunities LG Electronics said on Thursday it promoted its chief strategy officer to its new CEO to nurture new business opportunities and focus on digital transformation. The company said its current Chief Strategy Officer Cho Joo-wan will assume the top post of the tech company, effective from December 1. Having joined the company in 1987, Cho has worked for the company in various positions at home and abroad, including president of LG Canada, Australia and the United States, reports Yonhap news...
LG names new CEO to tap new biz opportunities
LG names new CEO to tap new biz opportunities
Source: IANS
25/11/2021 3:48:41 PM