According to a survey, Indian IT professionals are likely to see reduced job opportunities in next six months as traditional roles are getting disrupted due to automation and digitisation.
The tie-up will enable them to efficiently track their kitchen production, distribution, supply chain and logistics
However, favourable cross-currency movement is expected to provide some relief, boosting revenue growth for the players like Tata Consultancy Services, Infosys and Wipro, they said.
Over the next five years the focus will be on mixed reality, which is emerging as the immersive experience of choice, where the user interacts with digital and real-world objects while maintaining a presence in the physical world
Infosys said the approval of Dubai Creative Clusters Authority will be required for the consummation of the transaction and that it is expected to close during the third quarter of fiscal 2018.The cost of acquisition would be USD 1, as per the filing.
The sector is becoming a preferred employer for skilled talent such as engineers and nurses.
However, it is not a bad news for everyone, as the report predicts that medium and high skilled jobs will see a rise during the said period. Due to a rise in adoption of automation and artificial intelligence, the number of low skilled workers in India's IT and BPO service sectors could fall from 2.4 million in 2016 to 1.7 million in 2022, it said.
The report said that while the number of low-skilled job profiles will diminish by 2022, the number of medium and high-skilled jobs are set to increase by 1 lakh and 1.9 lakh jobs respectively.
This is expected to further grow to USD 1.7 billion in 2018 and security services will continue to be the fastest growing segment, especially IT outsourcing, consulting and implementation services,Gartner said in a report.
Nilekani, who was named as the non-Executive Chairman of Infosys last week, returned to the company after months of acrimony between the founders and the management led to the abrupt exit of CEO Vishal Sikka.
Vishal Sikka who has a doctorate in artificial intelligence from Stanford has been offered the post in HPE, reports Economic Times, quoting sources.
Researchers developed a computer algorithm that can get past this protection and remove watermarks automatically, giving users unobstructed access to the clean images the watermarks are intended to protect
While not stark just yet, the numbers for fresher layoffs and lack of opportunities are beginning to speak for this phenomenon.
With the pipeline of orders and visibility of large deals we expect a double digit revenue growth in constant currency terms for FY18 slightly above industry estimates, says CEO Keshab Panda
Pai on August 11 had pitched for Murthy's return as Chairman Emeritus, saying the move would improve its brand and assure investors about adherence to high corporate governance standards.
With over two billion users, Facebook's shift towards the video content could be a challenge for the television media
In the two days since an online petition was put up, it has got support from nearly 1,300 people
Moneycontrol learns that the company is looking for a replacement for Shergill and the HR function is now being managed by vertical wise HR executives
The acquisition is expected to be sealed during the second quarter of the current fiscal, subject to customary closing conditions.
The move comes at a time when TCS is set to end its operations in the city
The plan required a chip level encryption of the smartphones with a UIDAI key and the phones would be connected to the Aadhaar server to authenticate a person’s identity using fingerprint or iris scans
In January this year, a woman software engineer working with Infosys was killed allegedly by a security guard on the company's premises in Pune, sending shock waves in the industry.
The complaint said that the company accessed data from the UIDAI’s secure database through insiders
It's not been a great start to the year for the top Indian IT companies but some stars seem to have emerged after earnings reported by India's top four IT companies. CNBC-TV18's Kritika Saxena gave us this report.