Search result for Information Technology
Part I: The German Tech Firms to Watch in 2023
The technology and information technology market in Germany has been one of the most dynamic in recent years. More than a quarter of Europe's market for innovative technologies like blockchain, IoT, and big data is located in Germany. In 2020, the German software market was predicted to bring...
Investment in information technology and business services around the world drops as the economy cools
Concerns about the global economy have resulted in a decrease in spending on information technology and business services during the past three months. According to data compiled by technology advisory firm ISG, spending dropped to $23bn in Q3 2022, down 3% from the same period in 2021. Investmen...
CHINA’S MOBILE GAME AND APPLIANCE SECTOR SAW STEADY EXPANSION
Highlights –
- China’s mobile game and appliance sector saw steady expansion.
- The sales revenue of China's mobile game market stood at around $2.92 billion in May.
- The sales revenue jumped 32.61 percent from a year earlier.
CHINA PLANS TO BOOST ITS OWN BLOCKCHAIN INDUSTRY BY 2025
Highlights –
- China plans to boost its own blockchain industry by 2025.
- The country is aiming to boost the technological application and industrial development of blockchain.
- China plans to support the establishment of 3-5 backbone ent...
CHINA TO MONITOR CHALLENGES FACED BY SMEs
Highlights –
- China to monitor challenges faced by SMEs.
- China will also be permitting foreign investors to open entertainment venues.
- The ministry will step up price monitoring and work together with other government departments. ...
CREDIT SUISSE TO HIRE MORE IT EMPLOYEES IN INDIA
HIGHLIGHTS
- In 2021, Credit Suisse is going to hire over 1000 IT employees in India.
- In the last three years, Credit Suisse has hired 2,000 IT employees in India.
- The operations of Credit Suisse in India.
- New recruitments are for ...
ACCENTURE TO SUPPORT INDIAN EMPLOYEES WITH COVID-19 VACCINES
HIGHLIGHTS
- Accenture has decided provide support with COVID-19 vaccines to 2 hundered-thousand employees in India.
- Accenture has pledged US $ 25 million for pandemic relief efforts.
Accenture has officially announced its initiative t...
REPORT SAYS THAT MAJORITY FUNDING DECISIONS MAYBE AI-DRIVEN BY 2025
HIGHLIGHTS
- A report says that by 2025, majority funding decisions are likely to be driven by AI and data analytics.
- AI models can help investors to determine viability.
- Based on past investments, market penetration, revenue growth, and cons...
IKIGAI LAW RESPONDS TO DRAFT OF NATIONAL STRATEGY ON BLOCKCHAIN
HIGHLIGHTS
- In JAN 2021, the MEITY released a draft National Strategy on Blockchain.
- Identifying the potential for adoption of blockchain in IndiaThe draft strategy, the draft talks about envisaging creation of a 'National Level Blockchain Framewor...
LENDERS TO JOIN HANDS TO DEVELOP DIGITAL BANKING INFRASTRUCTURE
HIGHLIGHTS
- Public sector banks are planning to build and share digital infrastructure.
- Not just software, banks are likely to share the hardware used for setting up the back office and servers.
In response to the rapid digital adopti...
MICROSOFT LAUNCHES AZURE STACK HCI IN INDIA
HIGHLIGHTS
- Microsoft has launched Azure Stack HCI in India.
- With new launch, Microsoft intends to empower organizations with advanced hybrid cloud capabilities.
Microsoft has launched the general availability of Azure Stack HCI which...
TCS VOTED AS TOP DIGITAL TRANSFORMATION ENABLER IN SURVEY
HIGHLIGHTS
- In a Survey of Indian CIOs, TCS has been voted as top digital transformation enabler.
- The survey was organized by CORE Media.
Tata Consultancy Services (TCS) is a leading global information technology (IT) services provide...
IT SPENDING TO GROW IN INDIA BY 6.8 PERCENT IN 2021
HIGHLIGHTS
- In 2021, IT spending in India may grow by 6.8% in 2021.
- The estimation can be seen in Gartner Report.
- In 2020, IT spending declined in India by 2.7%.
- Worldwide IT spending in 2021 could rise by 6.2%.
- Gartner...
INDIAN GOVERNMENT TO CONTINUE BAN ON CHINESE APPS
HIGHLIGHTS
- In JUNE 2020, Indian government banned 59 Chinese apps including TikTok.
- In SEP 2020, Indian government banned 118 more Chinese apps including PUBG mobile game.
- Reports say that ban on Chinese apps is expected to continue in Indi...
JAPAN REPORTS A SURGE IN SHIPMENTS OF LAPTOPS IN 2020 AMID PANDEMIC
Highlights –
- Japan reports a surge in shipments of laptops in 2020 amid pandemic.
- And industry body reported that Japan recorded a 25.1 percent surge in laptop shipments.
- Shipments of desktop computers however dropped 41.5 percent to ...
INDIAN MINISTRY TO ESTABLISH A QUANTUM COMPUTING APPLICATIONS LAB
HIGHLIGHTS
- MeitY has plans to set up a quantum computing applications lab in India.
- The quantum computing applications lab will be powered by AWS.
Ministry of Electronics and Information Technology (MeitY) in India is planning to est...
CHINA’S LOGISTICS, ELECTRONIC INFORMATION MANUFACTURING, ROBOT PRODUCTION PUSHES UP
Highlights-
- China’s logistics, electronic information manufacturing, robot production pushes up.
- The electronic information manufacturing sector in China recorded growth in revenues and profits.
- In November China’s industrial r...
JAPAN’S IT FIRM NEC CORP. TO SUPPORT DEVELOPMENT OF 5G NETWORK IN BRITAIN
Highlights –
- Japan’s IT firm NEC Corp. to support development of 5G network in Britain.
- The British government in July barred the use of Chinese telecom giant Huawei Technologies Co.
- British International Trade Secretary met wit...
THE ANNUAL ELECTRONICS AND IT SHOW OF JAPAN STARTED OFF ONLINE
Highlights –
- The Annual Electronics and IT show of Japan started off online.
- The Combined Exhibition of Advanced Technologies is scheduled to be held virtually through Friday.
- Sharp Corp. showcased transparent screens to show informat...
UNITED KINGDOM: INFORMATION TECHNOLOGY MARKET TO WITNESS GROWTH DURING 2026
Highlights:
- The information technology market of United Kingdom will be witnessing a growth by the year 2026
- The information technology of the country is estimated to be one of the emerging markets in the future.
According to t...