Gartner forecasts infrastructure software revenue in India to grow 12% in 2021
While all segments are expected to return to growth this year, security software is forecast to have the strongest growth at nearly 20% as security-as-a-service offerings and detection and response capabilities improve.
After 3% decline in 2020, India’s IT spending to grow 6.8% to $89 billion
Gartner forecasts that worldwide IT spending will total $3.9 trilli...
Gartner sees India’s IT spending outpacing global growth in 2021
India’s IT spending is projected to grow 6.8% year-on-year to $88.8 billion ...
IT biz expected to make strong recovery in Q3
The improvement that IT companies have been seeing after the slump in the June quarter is expected to continue in the December quarter and after.
Public cloud spending to grow to $4.1 billion in 2021: Gartner
In 2021, spending on managed services and cloud infrastructure will make up 8% of total IT spending in India.
IT spending to grow 6% to $81.9B in 2021, spending in 2020 sees over 8% drop
Contrary to other markets where spending declined across all segments, CIOs in India continued to spend on enterprise software, IT services, and communication services in 2020.
Route Mobile Q2 results: Profit more than doubles to Rs 33 crore
The company saw its revenue from operations grow about 78 per cent to Rs 349.3 crore in the quarter under review from Rs 196.6 crore in the year-ago period.
Worldwide IT spending to grow 4% in 2021: Gartner
Enterprise software is expected to have the strongest rebound in 2021, due to the acceleration of digitalisation efforts by enterprises supporting a remote workforce
What is going to drive IT growth over next 3-5 years?
IT companies are helping CIOs and their customers to conserve cash and helping cos with...
IT spending in India to fall 8% in 2020 due to COVID, first fall in 5 years: Gartner
Spending on devices and data center systems in India will see the steepest declines in 2020, at -15.1% and -13.2%, respectively, according to the firm. CIOs in India will consider extending life cycles of their existing device assets which will delay new purchases as a result.
Indian SaaS firms eye Japan, Latam to pip global giants
Indian firms are aiming to diversify focus on the Rest-of-the-World markets. The market expansion coincides with a push towards a platform play, creating a common design and engineering base from which products can be developed to meet a quicker time-tomarket paradigm.
Global IT spending to reach USD 3.9 trillion in 2020: Gartner
"With the waning of global uncertainties, businesses are redoubling investments in IT as they anticipate revenue growth, but their spending patterns are continually shifting," said John-David Lovelock, distinguished research vice president at Gartner.
Organisations must review outsourcing arrangements to mitigate geopolitical risk: Gartner
According to Gartner, Inc., fears of geopolitical instability may impact the global offshore services market, as sourcing, procurement and vendor management executives review their options to mitigate risk.
Indian firms to delay spend in transformation, total IT spending to reach $94 billion in 2020: Gartner
“They (organisations in India) may delay those investments given the environment especially in the manufacturing sector because that is going through a very tough time, customer experience related transformation initiatives can be put on hold or go slow. “It will be harsh to say they are not going to put in money in transformation,” said Gartner.
As companies rethink spends, IT braces for weaker India numbers
Amid a slowdown, companies are holding back on technology spends, which will impact their growth in India.