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Indian SaaS firms to reach $35 bn in revenue in 5 years: Report

Indian SaaS firms to reach $35 bn in revenue in 5 years: Report

🕔17:20, 24.Jan 2023

New Delhi, Jan 24 (IANS) Indian software-as-a-Service (SaaS) companies are poised to command 8 per cent of the global SaaS market, generating $35 billion in annual recurring revenue (ARR) by 2027, a report showed on Tuesday. It will be a growth

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Siemens Digital Industries Software appoints new India biz head

Siemens Digital Industries Software appoints new India biz head

🕔17:33, 16.Sep 2022

New Delhi, Sep 16 (IANS) Siemens Digital Industries Software on Friday announced it has appointment Mathew Thomas as Country Manager and Managing Director for its India operations. Thomas succeeds Suprakash Chaudhuri with immediately effect, the company said in a statement. “His

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Adobe acquires design software firm Figma for $20 bn

Adobe acquires design software firm Figma for $20 bn

🕔19:19, 15.Sep 2022

San Francisco, Sep 15 (IANS) Software major Adobe on Thursday announced it would acquire design software company Figma for about $20 billion in a cash and stock deal. Founded by Dylan Field and Evan Wallace in 2012, Figma pioneered product design

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India application software spending to reach $4.7 bn in 2022

India application software spending to reach $4.7 bn in 2022

🕔16:56, 24.Aug 2022

Mumbai, Aug 24 (IANS) End-user spending on enterprise application software in India is likely to total $4.7 billion in 2022, an increase of 14.8 per cent from 2021, a Gartner report said on Wednesday. However, the growth in software spending will

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India to replace China as 2nd largest SaaS nation by 2026

India to replace China as 2nd largest SaaS nation by 2026

🕔12:55, 20.Apr 2022

The Indian software-as-a-service (SaaS) industry is likely to reach $100 billion in revenue by 2026, superseding China as the second largest SaaS nation in the world, a new report said on Tuesday. Bengaluru, April 20 (IANS) The Indian software-as-a-service (SaaS) industry

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Microsoft to invest Rs 15,000 crore in Hyderabad data centre

Microsoft to invest Rs 15,000 crore in Hyderabad data centre

🕔07:57, 8.Mar 2022

Hyderabad, March 8 (IANS) Software giant Microsoft will set up its largest data centre in India at Hyderabad with an investment of Rs 15,000 crore. The Telangana government and Microsoft on Monday jointly announced the data centre investment which will be

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Microsoft fixing key bugs on Windows 11 ahead of Oct 5 release

Microsoft fixing key bugs on Windows 11 ahead of Oct 5 release

🕔09:18, 3.Oct 2021

San Francisco, Oct 3 (IANS) Microsoft is working on fixing more key bugs on the Windows 11 ahead of its official release on October 5. The tech giant is addressing issues with the Start, Taskbar, and Search in the latest iterations

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Wipro to co-develop software for retail, fashion industry

Wipro to co-develop software for retail, fashion industry

🕔07:15, 13.Mar 2020

Bengaluru, March 13  Software major Wipro on Thursday said it would co-develop software solutions for retail and fashion industry with German ERP product firm SAP and jointly market them. “The new software solutions will help retail and fashion firms to

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Wipro net up 12.6% in first quarter

Wipro net up 12.6% in first quarter

🕔07:20, 18.Jul 2019

Bengaluru, July 18  Global software major Wipro on Wednesday reported a net profit of Rs 2,390 crore for the first quarter (Q1) of fiscal 2019-20, registering 12.6 per cent annual growth from Rs 2,094 crore reported in the corresponding period

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Infosys to create 1,200 jobs in Australia by 2020

Infosys to create 1,200 jobs in Australia by 2020

🕔11:28, 21.Nov 2018

Bengaluru, Nov 21  Software major Infosys on Wednesday said it would create 1,200 jobs and open three innovation hubs in Australia by 2020 to reduce digital skills gap. “We are creating 1,200 new skilled jobs for graduates and professionals and

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HCL net up 16 per cent in second quarter

HCL net up 16 per cent in second quarter

🕔07:05, 24.Oct 2018

New Delhi, Oct 24  Software major HCL Technologies on Tuesday reported a Rs 2,540 crore consolidated net profit for the second quarter of fiscal 2018-19, registering a 16 per cent annual growth from Rs 2,188 crore in the like period

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Infosys invests $1.5-million more in US firm TidalScale

Infosys invests $1.5-million more in US firm TidalScale

🕔10:36, 18.Sep 2018

Bengaluru, Sep 18  Software major Infosys on Monday said it invested an additional $1.5 million (Rs 10.9 crore) in the US-based TidalScale, doubling it to $3 million in the software services firm. “The additional investment of $1.5 million is made

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China unveils software for n-power technology

China unveils software for n-power technology

🕔13:47, 18.Dec 2015

Beijing, Dec 18  China National Nuclear Corporation (CNNC) unveiled the country’s first software package for its own nuclear power technology, a crucial step for exporting nuclear construction, the media reported on Friday.“This package covers the design, manufacturing, installation, testing and operation

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Wipro buys German IT firm for 73.5 mn Euro

Wipro buys German IT firm for 73.5 mn Euro

🕔10:15, 3.Dec 2015

Bengaluru, Dec 3  Software major Wipro on Wednesday announced acquisition of leading German IT consulting and software services firm Cellent AG for Euro 73.5 million (Rs.518 crore).“We have signed an agreement with Landesban Baden-Wuerttemberg to acquire Cellent AG for Euro

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Infosys a brand for digital services in US: report

Infosys a brand for digital services in US: report

🕔10:35, 12.Nov 2015

Bengaluru, Nov 12  Software major Infosys has been named as one of the most relevant service providers for digital strategy in a report by global management consulting firm Everest group for its brand recall in the US.“Everest in a report

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Software, hardware industries to partner for ‘Digital India’

Software, hardware industries to partner for ‘Digital India’

🕔10:46, 16.Jun 2015

New Delhi, June 16  Indian software and hardware industries are partnering to make the NDA government’s ‘Make in India’ and ‘Digital India’ initiatives a reality soon, their officials said. The partnership will create a major force in the Electronic System

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Infosys thank Australian, Indian authorities

Infosys thank Australian, Indian authorities

🕔10:57, 16.Dec 2014

Chennai, Dec 16  Software major Infosys Monday thanked the Australian authorities for their efforts in rescuing the hostages, which included one of their employees, held by a terrorist in a cafe in Sydney. In a statement issued here, Infosys said:

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