Cloud solutions provider Rackspace Technology has said that India is amongst its fastest-growing markets. From just 2% in 2019, India now contributes to more than a third of the revenues of the sales target in 2021. Sandeep Bhargava, Managing Director, APJ, said that the company is seeing growth across all sectors, including education and retail, and plans to add up to 500 more to its 2000-strong current employee count in the country.
IBM India executives Viswanath Ramaswamy and Ravi Jain have said that infrastructure and agility will be key for undergoing digital transformation. Stating that hybrid cloud, AI, and other new tech have accelerated digital transformation and requirements, Ramaswamy said that apps need agility to adapt to these new requirements. Data Security has also become important, with companies transferring data constantly as cloud adoption increases.
Source: ET CIO
The Managing Director of Google India, Bikram Singh Bedi said that customers these days are looking for solutions for their problems. Up until 2010-12, customers were using the cloud as infrastructure, with extra storage and servers, but the requirement now is to optimise operation with the help of the cloud and find solutions to common problems. Google Cloud is hence combining infrastructure with industry solutions, Bedi said in an interaction with TOI.
Microsoft and Honor have announced the expansion of their ongoing partnership, under which they will focus on Microsoft’s cloud adoption, and other tech. Honor will use AI speech and translation services based on Microsoft’s Azure cloud for a variety of uses, including its new assistant YOYO. Microsoft will also help Honor improve user experiences for Honor mobiles, laptops, and other devices. The companies will jointly explore innovative mobile experiences.
Porter, an on-demand logistics marketplace that offers its customers trucks and tempos for delivery into the cities, is using Salesforce’s strong analytical platform to adopt a data-driven approach. This enabled Porter to contextualise all gathered data and provide customized solutions to clients. Data analysis is also useful for lead conversion, with the correct agents being spotted through analysis and
SaaS firm Netcore Cloud has said it has plans to hire up to 800 new professionals in India and global markets, in a ratio of 80:20 by 2022. After having already onboarded 300 professionals during the last year, the firm has a team of 700 employees based in India, Europe, the Middle East, Africa, and Southeast Asia. New recruitments will be made across departments like engineering, product, sales, marketing, research, and development.
Oracle Corp has fallen short of the expected Wall Street first-quarter revenue, with the cause being increased competition in the cloud sector. The company forecast adjusted expected earnings for next quarter between $1.09 – $1.13, above analyst predictions of $1.08 per share. While Oracle, is expected to benefit from the new cloud trends, the increased competition from AWS, Microsoft Azure etc. will make it tougher to achieve a monopoly.
The Bank of England has said that tech giants like Google, Amazon, providing cloud services to British banks may have to comply with minimum resilience standards. Many European and US regulators are also worried about the bank’s reliance on a handful of tech companies for cloud, and how much of an impact an outage could have on financial stability. Resilience testing is being suggested as a solution for the problem.
Source: The Hindu