Managing Sustainability Initiatives in the IT Sector
Written by: Anand MA – Head of Products, Treeni Sustainability Solutions. In recent years, climate change has become an international concern for individuals and enterprises alike, and while political and economic manifestations cannot be controlled by enterprises, the concept of sustainable growth and development is gaining more prominence now. We’re experiencing the true meaning of a VUCA world, where uncertainty looms high on every front. Many enterprises are adopting sustainability initiatives, as they claim, to do the right thing. There’s no one definition of this concept – it can either mean small adjustments or a complete transformation in policies. In fact, sustainability is not dependent on the size or the industry, it’s more about a shift in mindset, organisational culture ...
#Technologynews – The 4 Cs driving the client spending for Indian IT Services
My recent blog “Positive Signs for Indian IT companies as they kick-off their expansion strategy in the #newnormal” highlighted that Indian IT companies are showing signs of recovery in the post covid times as they focus on expansion both through organic as well as inorganic growth. The 4Cs driving growth in the #newnormal… Apart from the expansion strategy the other key strategy that is supporting the recovery for the sector is the increased focus on new and emerging areas, which are led by the four Cs – Cloud, Collaboration, Customer Experience and Cyber Security, as they have emerged as the new spending themes for enterprises to support their businesses in the newnormal. ...
Digital Transformation with 5G
By Vikram Puranik, Vice President, Engineering, GlobalLogic Enterprises are embarking on their turnkey digital transformation programs that enhances customer experience, brings in massive operational efficiency and creates new revenue streams. These transformation programs are inspired from a tectonic shift in technology, that started with SMAC (Social, Mobility, Analytics and Cloud) to new age DARQ (distributed ledger technology (DLT), artificial intelligence (AI), extended reality (XR) and quantum computing). Today, with the power of next generation wireless technology for digital cellular network or 5G, will bring 10x speed with 50x low latency, massive IoT for Machine-to-Machine (M2M) connectivity and network edge compute to facilitate hyper localization. Wireless networks have evolved...
Operationalizing AI / Advanced Analytics to Improve Online Retail businesses
Savitha Chinnappareddy – Technical Lead, Emerging Technologies & Solutions A recent report titled COVID-19 Impact on Global E-Commerce & Online Payments – 2020 revealed that a double-digit share of online shoppers was buying more digitally due to COVID-19, and some of them adopted the practice for the first time during the outbreak. The share of global retail sales generated via E-Commerce was rising and projected to reach one-third by 2024. There has been a sudden change in how people are approaching this period of isolation, and it has changed their shopping behavior. From bulk-buying to online shopping, people are changing what they’re buying, when, and how. This has also pushed a lot of rather traditional brick and mortar operations, finding ways to sell online. New...
Blended working model the new way of working – #future of work
In my previous blog in April, “Is Work-from-home (WFH) the future working model for technology companies?” I had highlighted that Indian technology companies have been fast in reacting to the pandemic by making a shift towards working from home in line with their global counterparts. Indian Technology companies maintain 90% or above level of employees WFH in 1QFY21 In their 1QFY21 results majority IT companies highlighted that over 90% of their employees continue to WFH during the quarter. . Company Share of employees working from home as of 1QFY21 Wipro ~97% Infosys ~99% HCL ~96% WNS ~92% Mphasis ~90% Tech Mahindra ~95% Sources: Company Reports Also, this situation is expected to in the short-term as with majority employees continuing to work remotely as companies are concerned about empl...
Keeping up with trends: No-Code development platforms and Partner Programs
Largely stated over the internet, no-code and low-code platforms refer to tools that allow non-developers to build applications (or building logic over a ready app to extend its capabilities) by either employing little to no code. Platform users can create, iterate, and release applications in a fraction of the time compared to traditional methods. Right now, we are in the middle of something of a SaaS surge, with venture investments inclining towards enterprise software. Google acquired a no-code platform, Amazon launched its own enterprise no-code platform, Microsoft already has PowerApps, its enterprise low-code platform. Why the sudden surge? It’s because no-code and low-code platforms are democratizing technical skill sets. Just like the APIs democratized application connectiv...
Optimism returns for Indian IT Services amidst robust deal pipeline
Expansion Strategy remains a positive indicator In my last blog ”Positive Signs for Indian IT companies as they kick-off their expansion strategy in the #newnormal” I highlighted the expansion focus on Indian IT companies as a positive indicator for the sector. The same belief got a boost this morning with Wipro announcing acquisition of Belgium based Salesforce implementation partner 4C for €68 million, its second acquisition for the month. Source: Company Website; NASSCOM Analysis Majority company’s believe the worst is over amidst a …. Apart from the expansion strategy another key indicator that is showing a return of optimism for the Indian IT segment is the promising deal pipeline which is showing signs of confidence for the segment strengthening the belief that it has bottomed ...
Globotics: The future of work and workforce
By Rohit Madhok, Vice President, Engineering, GlobalLogic India When Albert Einstein spoke of how the human spirit must prevail over technology, little did the world know that decades later this statement would hold true for the human race trying its best to stay relevant in the world of ‘Globotics’. This interesting term has kicked up quite a storm recently when globalisation expert Richard Baldwin wrote on the fast-paced effects of digital disruption and the need for humans to adapt to the inevitable transition. In simpler terms, Globotics refers to robotics in times of globalisation. Since liberalization in the late 90s, globalisation has been opening up new avenues in different parts of the world by bringing in innovations and machines into a world that was striving to connect people a...
Positive Signs for Indian IT companies as they kick-off their expansion strategy in the #newnormal
Positive Signs for Indian IT companies as they kick-off expansion in the #newnormal Attractive valuations forming the basis for inorganic expansion With company valuations touching all-time lows across all sectors, the time is ripe for acquisitions for large companies who have the cash reserves to support inorganic growth. And technology sector leads the race with high level of cash reserves. In my previous blog “Mergers and Acquisitions – A key growth strategy for technology companies during the Covid times” it was highlighted that the top global technology companies are sitting on a cash reserve of over $470 billion, and utilizing the current low valuations to make acquisitions across a broad spectrum. While, the top Indian companies which are also sitting with large ca...
What is Audio and Video Conferencing and its Uses?
The way we conduct business and how we communicate with our employees and customers has changed due to the technological advancements. Employees now prefer to work remotely and do not want to be confined to their desks. To accommodate this shift, employers are adapting to utilize mobile devices, audio conferencing, video conferencing and other systems for effective communication. Yet, while utilizing them the question arises, what is audio and video conferencing? And, why is it so important for businesses to grasp these changes? Let’s find it out here. What is Audio Conferencing? Audio conferencing is where at least two individuals in various locations use technology like a conference bridge to hold an audio call. Audio conferencing is not quite the same as a traditional phone in that all ...