While Business Intelligence (BI) is fast becoming a top priority for most businesses, achieving Return on Investment (RoI) through BI implementation still remains a big challenge for CIOs. Though many CIOs plan to invest in BI going forward, most of them fear BI failure.
A favourite among investors at one time, Tata Consultancy Services is fast turning into a mammoth that is failing to evolve with time as others are fast catching up on the increasing demand for digital.
India’s largest software exporter’s enterprise value fell to ₹4.86 lakh crore by the end of December, a drop of over 6 per cent over the previous year. The company’s market capitalisation similarly slipped from ₹5.01 lakh crore in Q3 2015 to ₹4.80 lakh crore in the latest Q3, a slide of about 4.2 per cent.
The much reported visa fee increases for both the H-1B visa (from $2,000 to $4,000) and the L-1 visa (from $2,250 to $4,500) have unsurprisingly caused some ripples between Indian and US official bodies. This visa fee increase applies to Companies that have more than 50 employees more than 50% of which are H-1B visa employees. This affects mainly Indian owned companies in the US.
India has more startups today than ever before. And each one of them depends on Google as much as on funds for functioning. It is no exaggeration to say every new company opens its email account on Google’s Gmail, uses Google’s search engine and its video platform YouTube for marketing. Google is where a business starts.
Legacy IT outsourcing companies in India continued acquiring aggressively in 2015. Most of the acquisitions were made in areas such as design and automation to help the companies cut costs, and stay ahead of the innovation curve.