Wednesday, June 29, 2022
Techiexpert.com
No Result
View All Result
  • Login
  • Register
Exclusive Videos
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media
No Result
View All Result
TechiExpert
No Result
View All Result

IT industry is Slashing as their clients wants digitization

Sony T by Sony T
December 1, 2018
in Tech news
Reading Time: 1 min read
IT industry is Slashing as their clients wants digitization
9
SHARES
125
VIEWS
Share on FacebookShare on Twitter

In the year 2016, some of the headlines proclaiming that the death of India’s most vaunted Information Technology industry was becoming a commonplace.

“India’s massively successful software services industry… died on Friday after a short battle with newer digital technologies,” Bloomberg columnist Andy Mukherjee wrote in October 2016.

Some of the predictions about the demise of the India IT industry were hardly new though. As they already started appearing a decade or so ago, when it became a clear that the labor arbitrage enjoyed by India’s IT companies was working on vanishing and business was moving elsewhere, to the Ireland and Philippines among some of the others, as some of the western corporations embraced a global delivery model where the vendors located in different time zones maintained and services their system around the clock.

But in the year 2016, albeit briefly, it has seemed much more like the game was up. Some of the market leading company that is Tata Consultancy Services has already announced near-zero growth in its business and Infosys, once the industry bellwether has slashed its full-year forecast for the second time in three months.

Marquee firms were the missing forecasts and reporting a slowing of business. It seemed uncertain if India IT major would be able to keep the utmost pace with the demand for the shift to a new environment where the digital technologies like the mobile, social, cloud and analytics.

“Fundamentally, our customers are responding to disruption in their value chain, since their clients and end-customers have gotten used to the ease-of-use offered by consumer tech interfaces from the likes of Apple, Amazon and Netflix and are demanding similar capabilities from their banks and energy utilities,” says Rajan Kohli, president, Wipro Digital.

Tags: Digitalization
Share4Tweet2Share1Pin1

Related Posts

Ways Data Analysis has changed customer reward programs
Tech news

Ways Data Analysis has changed customer reward programs

Digital Learning face recognition
Tech news

Here’s why Deep Learning might not be enough for celebrity face recognition

VPS Helps Forex Trading
Tech news

Staying Safe When Trading on a Trading App

Mozilla launches Thinderbird for android
Tech news

Mozilla launches Thinderbird for android

Is Signal an alternative to Whatsapp?
Tech news

Is Signal an alternative to Whatsapp?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Read

  • How to Track Someone’s iPhone by Phone Number?

    How to Track Someone’s iPhone by Phone Number?

    265 shares
    Share 106 Tweet 66
  • Top 5 car automation trends to know

    108 shares
    Share 43 Tweet 27
  • What is windows modules installer ? How to Enable/Disable

    1229 shares
    Share 492 Tweet 307
  • Is Parody Coin investment a Good Investment?

    50 shares
    Share 20 Tweet 13
  • How to Track Activities an Instagram account?

    78 shares
    Share 31 Tweet 20
  • What are the Advantages of an Electric Mountain Bike?

    19 shares
    Share 7 Tweet 5

Recent Stories

How Enterprise Blockchain can enable Privacy Preservation

How Enterprise Blockchain can enable Privacy Preservation
Share4Tweet3Share1Pin1

How to flip NFT’s

How to flip NFTs
Share4Tweet3Share1Pin1

Data Analytics startup USEReady launches a new centres

Data Analytics startup USEReady launches a new centres
Share5Tweet3Share1Pin2

What are the Advantages of an Electric Mountain Bike?

Releasing prototypes create waves in the electric bike industry
Share7Tweet5Share1Pin3
  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

© 2022 All Rights Reserved

No Result
View All Result
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media

© 2022 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Cookie Law Notice
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT