Global IoT market by revenue will be worth $1.1 trillion by 2024. The increase in revenue is largely driven by the growth of wearables, according to GlobalData.
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Category: News & Analysis
Are fintech firms growing at the cost of traditional banks?
According to the World FinTech Report 2021 from Capgemini and Efma, the traditional banks in response to the rise of fintech firms, are creating digital-only entities to appeal to specific customer segments.
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3i Infotech eyeing $1 billion revenue by 2030
With the ‘digital and cloud-first’ approach, the IT services company has set an organic revenue growth target of $1 billion by 2030
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Why digital infrastructure investment surged in COVID-19
However, the pandemic has caused a major shift in working patterns leading to a surge in digital infrastructure investment, reveals the key findings of Equinix annual global study released on Tuesday
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How Indian IT professionals are faring AI adoption
Compared to 43% of global peers, over half (53%) of Indian IT professionals say their company has accelerated its AI rollout due to the COVID-19 pandemic.
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National Technology Day: Here’s what tech leaders say
Since May 11, 1999, every year the day is marked as National Technology Day to commemorate the scientific and technological achievements of Indian scientists and engineers.
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Ransomware in 2020, its cost and the consequences
Among the ransomware submissions nations, India accounted for 27.40%, followed by Indonesia and the USA with15.10% and 10.90% respectively.
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APAC healthcare leaders’ digital efforts impaired by staff shortages, naivety
Staff shortages and inexperience with new technologies are among the top internal barriers for APAC healthcare leaders’ digital transformation initiatives.
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Accenture pledges $25 million relief support for India
Global IT consulting and services company Accenture has expressed its solidarity with India by pledging $25 million in relief support to combat the pandemic.
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Samsung pledges $5 million to help India fight COVID-19
After global tech giants to Indian startups announced their support to help India fight COVID-19, now Samsung pledges a $5 million (Rs 37 crore) contribution.
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