Search Result for : Big Data

IndiaSoft 2017: connecting Indian IT with global buyers

Sneha Gilada  Hyderabad witnessed the inaugural of the seventeenth edition of Indiasoft on February 13, 2017. IndiaSoft is an initiative of the Electronics and Computer Software Export Promotion Council (ESC), meant to connect the Indian IT industry to global buyers and potential clients.  The two-day event has an overwhelming global participation of over 400 delegates from 75 countries, making it an irresistible scouting ground for the thriving Indian mid-scale IT companies. The exhibit showcased innovative solutions in the field of big data, outsourcing, cloud computing, SAAS, e-governance, mobile app and website development. As many as 50 IT startups from all over the country exhibited their core competencies at the event, which was supported and funded by the Government of India. At the inaugural ceremony, Chief Guest Y.S. Chowdary, Union Minister of  Science & Technology and ...

Industry 4.0 necessary to hike mfg share in GDP : Experts

The Dollar Business Bureau  Indian industry cannot ignore adopting Industry 4.0 and it has to focus more on making use of green technologies and best practices followed the world over, experts opined. This reaction comes in the wake of the Indian government setting its sights to increasing the share of manufacturing from 17 to 25 percent of GDP. And the government intends to do so in order to create millions of jobs and to push the country’s economic growth.  Speaking to the media about aiming for an increased economic share in GDP, Hospira Healthcare Managing Director, Srini Srinivasan said, “To achieve this target, Indian industry has to adopt Industry 4.0 as it is important to boost manufacturing,". He also added that adopting Industry 4.0 ...

China targets double-digit growth in software, IT service industry

The Dollar Business Bureau China is looking to achieve a 13% annual growth in its software and IT service industries between 2016 and 2020. On Tuesday, the government released a five-year plan for the industry, underlining that it will support the development of software and IT service companies and will encourage them to become influential and competitive industry leaders. The Ministry of Industry and Information Technology (MIIT) established a goal for 2020, that industry business revenue should exceed 8 trillion yuan (about $1.2 trillion) with average annual growth of more than 13% from 2016 to 2020. MIIT said Chinese companies should acquire leading innovative abilities and significant advantages in key technological sectors including artificial intelligence, cloud computing and big data and virtual reality, state-run Xinhua news ...

Big data adds to the potential of IT Analytics, opportunities

Jayarama Emani | The Dollar Business The availability of more data in the consumer space given the amount of access to consumer activity through web, mobile & social media has increased the potential for IT Analytics and in the process for opportunities too, said an expert. Talking to The Dollar Business, Ramesh Loganathan, President, HYSEA (Hyderabad Software Exporters Association) and Centre Head, Progress Software said, “In general Indian Domestic IT tracks global trends these days. Even as they may be more cost conscious- never are they behind in their understanding of the technologies and options available.” He went on to add, “That said, metric management and performance based management is probably not new. Indian enterprises have always use data warehousing technologies. And that ...