IT service management company Gartner has predicted a massive spending boost of $93 billion in India's IT sector in 2021. The prediction reported 7.3% increase from 2020 figures which is lower than the global average increase of 8.4%. Devices and enterprise software sector will see the highest growth as businesses continue to innovate their workforce, it added. Notably, Cloud will garner the major software growth in India during 2021.
India and Canada are likely to restart negotiation over the Comprehensive Economic Partnership Agreement (CEPA), overdue since 2017, in April 2020. A government official stated that several virtual meetings were held between the two countries. Moreover, through CEPA, India aims to boost job opportunities for IT professionals in Canada, enabling easier work visas. Meanwhile, Canada will focus on the expansion of agricultural trade with India… read-more
Courtesy: Money Control
A computer science portal Startup GeeksForGeeks has emerged as a leading solution for all placement-related concerns of students seeking a career in the IT sector. Offering different online courses with features including schedule flexibility, self-paced learning, and recorded lectures, GeeksForGeeks allows anyone to contribute and help others sharing their knowledge. Started by an IIT-Roorkee alumnus Sandeep Jain, the startup also helps… read-more
Tamil Nadu Government has acceded to TIDEL Park's proposal to instate mini-IT parks in four II and III-tier districts, selecting Salem, Villupuram, Cuddalore, and Theni for the opening phase. Relatedly, the government has directed the respective district collectors to find non-objectionable 10-20 acres of government tracts. Reportedly, one of Asia's largest IT Parks - TIDEL has been permitted to usher IT growth in tier two and three towns.… read-more
Courtesy: Times Now News
IT companies are now hiring more flexible staff on project basis to save the cost. Reportedly, the pandemic-fueled need for digitization and automation has forced the companies to hire people with digital skills on contractual basis. Moreover, a report of job portal Indeed has indicated a rise of 22% in the hiring of flexible staff in January 2021. Interestingly, the Indian Staffing Federation stated that the IT sector hires around 12%… read-more
IT giant Infosys and consulting company Accenture PLC have announced to bear the cost of COVID-19 vaccination to be provided to their India-based employees. Infosys' COO Pravin Rao stated to inoculate employees’ immediate families as well. Accenture also assured to cover employees and their eligible dependents who choose to get vaccinated. Rolling out the phase-2 of the mass vaccination drive, the government has allowed private health… read-more
Courtesy: Live Mint
Father of Indian IT industry, FC Kohli passed away on November 26. The 96-year-old veteran technocrat was the founder and first CEO of Tata Consultancy Services. Directing several entities of Tata group, he was also among the board directors in the Institute of Electrical and Electronics Engineers. Along with being president of Computer Society of India, he was the chairman at the south-east Asia Regional Conferences in 1976 and 1988.
Courtesy: Deccan Herald
IT major Accenture is looking to reduce 5% of its global workforce, implying that around 10,000 jobs can be axed from India. As reported by Australian Financial Review (AFR) on August 25, Accenture CEO Julie Sweet stated that 5% of the employees are transitioned out every year, and new people are hired to replace them. However, this year the company is not planning to hire any more, she hinted.
Courtesy: Times Of India