IT services

Uber Technologies Inc. wants to quicken an expansion into the cheaper but potentially larger market for two- and three-wheeled rides in India, extending a long-running rivalry with local provider Ola.Chief Executive Officer Dara Khosrowshahi on Thursday talked about how Uber was trying out services from scooters to motorbikes in what he called his “toughest market,” providing a model for expansion in other countries. The CEO also broached the idea of bus services during an onstage conversation in Bangalore with Nandan…

IT firm Happiest Minds Technologies on Thursday said it has teamed up with AI company Soroco to enable organisations to solve complex business problems, make data-driven decisions and improve operational efficiency, among other outcomes. The company, in a release, said the partnership aims to 'Redefine the Future of Work with AI'. Soroco's AI model Scout generates a map of hidden pain points that teams face and their impact on business outcomes and solutions. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

TCS is aiming to double staff in France over the next three years as it sees handsome business growth in the European country, a senior official said on Thursday. At present, the largest Indian IT services company employs 1,600 people in France across four major centres in the country. France is among the fastest growing markets in Europe for TCS, growing much faster than the numbers it reports for the continent, its head of European business, Sapthagiri Chapalapalli, told PTI. Elevate Your Tech Prowess with High-Value…

Exports of computer software and services, which includes IT, ITES (IT enabled services) and business process outsourcing (BPO), grew 12.2% in the 2022-2023 over the preceding year, according to estimates by the Electronics and Computer Software Export Promotion Council (ESC).In value terms, the exports increased from $172 billion in 2021-2022 to $193 billion in 2022-2023, the estimates from ESC’s Statistical Year Book showed.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern…

India’s top software exporters are set to compete intensely with local and overseas peers for a sizeable share of the estimated $16 billion of global IT services large deals that will come up for renewal in the next six months.In an environment marred by slowdown in technology spending, these big-ticket renewals -valued over $250 million each- will trigger a slugfest among domestic and multinational companies, said industry experts.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT…

LTIMindtree on Thursday said it has integrated its subsidiaries Syncordis and Nielsen+Partner to form a specialised banking transformation practice (BTP).The BTP will deliver end-to-end consulting, digital and IT services, leveraging commercial off-the-shelf (COTS) products and platforms serving banks and capital market firms, the company said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM LucknowIIML…

At the forefront of all tech trends is artificial intelligence (AI), and its subset, generative AI, or gen AI, was where all the focus was in 2023. Come 2024, most conversations are likely to be based on realizing real-world, practical use cases of gen AI. Speaking about its adoption, John Roese, global chief technology officer (CTO) at Dell, said: “While generative AI has sparked incredibly creative ideas of how it will transform business and the world, there are very few real-world, scaled generative AI…

Indian IT major Wipro has filed a complaint against a former senior executive for violation of a non-compete clause in his employment contract by joining Wipro’s direct competitor Cognizant before August this year.In its complaint, Wipro said Mohd Haque, who quit in June this year, had agreed to certain restrictions on his post-employment activities, including prohibition of work for a small set of Wipro competitors including Cognizant, for 12 months after his employment ended. Upon Haque’s promotion to the role of…

HCLTech on Thursday said that it has won a deal from the Department of Transport and Planning in Victoria, Australia to automate the concession entitlement process for public transport users. Deal financials were not disclosed.More than 605 million trips are taken on Victoria’s public transport network annually and 35% of these are taken by concession card holders, including students, retirees, veterans, and those with disabilities.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM…

Industry analysts and brokerages have forecast revenues of most companies to either stay flat or decline in the first quarter of FY24. In a note to investors on 29 June, ICICI Securities projected Tata Consultancy Services (TCS), the country’s top IT services company, to post a dollar revenue increase of 0.2% in constant currency on a sequential basis. Infosys, the second-largest, is projected to grow 0.8%. While HCL Technologies’ revenue is forecast to remain flat, Wipro and Tech…