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Tag Archives: IT services

ICRA’s year-end outlook for Indian IT Services companies stable


·         Expected CAGR for FY2018-2021e to be around 9-12% IT players compared to CAGR of 17.1% over FY2013-2017 ·         Lower deal sizes in digital technologies, cloud adoption and high competitive intensity could impact growth ICRA has a stable outlook on Indian IT Services industry. The credit profile of Indian IT Services companies remains stable underpinned by its ability to sustain free cash flows …

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Automate the deployment of IT services, optimize IT operations, and reduce TCO with Software-Defined Storage With organisations both public as well as private becoming digitized in India and the Government of India’s increased focus on digitization, there has been an unprecedented surge in the amount of data generated. To effectively leverage the different kinds of data generated for the benefit …

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Konica Minolta announces Workplace Hub for future workplace


Konica Minolta partners with Microsoft, HPE, Sophos, Canonical and BrainTribe to future-proof business IT management Konica Minolta has introduced Workplace Hub, an innovative new enterprise IT solution that unifies all of an organisation’s technology via a single centralised platform. Designed to future-proof workplaces of every size as they work towards digital transformation, version one of Workplace Hub, available from October …

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L&T Infotech Named a Top 15 Sourcing Service Provider by ISG


The global IT services and solutions provider L&T Infotech or LTI (NSE: LTI, BSE: 540005) today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research and advisory firm. LTI is listed among the Breakthrough 15 for the Americas region based on annual contract value (ACV) won over the last …

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NASSCOM President Concludes Visit to Washington, DC


Productive Discussions Held On Growing India-US IT Sector Collaboration A delegation of Indian IT sector executives led by NASSCOM Chairman Mr. C.P. Gurnani and President Mr. R Chandrashekhar has concluded a visit to Washington, DC, in which they engaged in a number of meetings with key policymakers in Congress and the Trump Administration, as well as several important allies from …

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GST Implications and Budget 2017 Expectations


itVARnews speaks to IT industry bodies and many industry players to understand possible implications of GST. We also collate a budget wish list. After the liberalization of 1991, the GST is perhaps the most anticipated economic reform. So much so that more talk is centered on GST, slated for June 1, 2017 rollout, than on any other aspect of the …

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ITPV PARTNER LEADERSHIP AWARD, Eastern Edition 2016 – a Grand Success


ITPV, the leading IT Channel magazine in India, organized its annual Partner Leadership Award, Eastern 2016 at The Park, Kolkata on September 29, 2016. Attended by IT industry’s leading honchos and channel partners, the event saw felicitation of vendors and the channel partners in various categories. Welcoming the guests Anuj Singhal, Managing Director, Techplus Media highlighted on the importance of …

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Gartner Says Government IT Spending in India to Reach $7 Billion in 2016


The government in India will spend $7 billion US Dollars (USD) on IT products and services in 2016, an increase of 3.1 percent over 2015, according to Gartner, Inc. This forecast includes spending on internal services, software, IT services, data center, devices and telecom services. Government comprises state and local governments and national government. IT services (which includes consulting, software …

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Mphasis and ToneTag Partner to Revolutionize Mobile Payments through “Sound Waves” Technology


Block chain technology ensures additional security and fraud-proofing for merchants and customers Mphasis, a leading IT services provider, and ToneTag, a sound based proximity communication provider, today announced a strategic partnership to provide a range of digital banking solutions for the banking and retail industries. As part of the agreement, Mphasis will collaborate to build solutions and be an integration …

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Keeping up with technologies, changing product mix and continuously offering new products, value addition and technology increments has been the strategy for CDP India, says Nikesh Sakaria, Managing Director and CEO at CDP. 1. CDP was born in 1991, when IT services and especially ISP services barely had a market in India. How did you manage to grow in the …

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