It may not have caught a lot of attention when Infosys CEO said that automation helped the Bengaluru-based IT services giant saved 1,100 jobs through the three months ended December 2015. The remark,at an investor conference in March, is however an indication of the gut-wrenching change the Indian IT industry is already seeing. That change is set to accelerate, IT consultancy HFS Research, an IT consultancy, has pointed out by putting a number on job losses from automation worldwide.
Application of cloud computing and big data analytics in public health systems would help prevent spread and occurrences of diseases and also reduce morbidity rate, a top official of ANZ said today. After inaugurating EMC Centre in Sri Krishna College of Technology here, Krishnakant, Head of ANZ, said use of data analytics in the health field would easily identify occurrence of diseases and also clearly portray the health deterioration in the body.
India’s second largest software exporter InfosysBSE -0.54 % has backed an Israel-based cloud computing startup called Cloudyn Ltd and picked up a minority stake for $4 million, at a time when chief executive Vishal Sikka is attempting to drive up growth in the company’s traditional outsourcing business, while also balancing futuristic bets on newer areas of technology.
Banking sector has seen a disruption in last decade with intensified competition with new entrants that makes brand creation and offering a unique value proposition to customers a huge challenge. Compliance and regulatory norms regarding security and data residency highlighted by the Reserve Bank of India (RBI), have mandated banks to store their data in data centers that are physically located in India.
In a market as fast paced and constantly evolving as cloud technology, it’s no surprise that trends can change overnight or that CIOs are kept up all night thinking of ways to strike the balance between keeping systems ticking-over and continuing to innovate. There have been some important changes in the market this year – some incremental and some major leaps – that I expect will continue to impact the regional cloud computing market well into next year.