Walmart Labs, the technology arm of Bentonville, Arkansas-headquartered Walmart, acquired two startups based in India to strengthen its customer service systems. Bangalore-based FloCare, a health tech firm, is one of them. It builds products and technologies that enables seniors to access affordable and scalable healthcare services. The company, co-founded by a...
IT Hiring in India Picks Up Momentum
India's IT sector generated a record 104,825 jobs for the period April '18 - Apr '19, -- the highest job creation in this sector in the last three years. IT companies Tata Consultancy Services and Infosys filled 53,303 positions in FY 18-19. According to the Q3 result of HCL Technologies,...
India's Infosys To Set Up Innovation Hub in Raleigh
In a blog post in May, I mentioned that India's second largest software services firm Infosys will establish a central Indiana tech center, the first of four facilities it plans to launch as part of a broader expansion in the United States. The company recently announced that it will set...
U.S., India, China, Lead in Artificial Intelligence
Malcolm Frank, head of strategy at IT firm Cognizant, headquartered in Teaneck, New Jersey, told CNNMoney that the United States, India, and China are far ahead of anyone else in artificial intelligence. In America, Amazon, Facebook, Google, and Tesla are investing billions of dollars to substitute for people in sectors such...
India's Infosys to Set Up Tech Center in Indiana
Bangalore, India-based information technology company Infosys announced that it will establish a central Indiana tech center, the first of four facilities it plans to launch as part of a broader expansion in the United States that is projected to create 10,000 jobs over the next two to four years. Vishal...
Telstra's Captive Center in India Aligns with Global Trends
Melbourne, Australia-based telecom major Telstra is setting up a captive offshore center within India's information technology consulting company, Infosys, Telstra's largest technology vendor in the country. Pareekh Jain, research vice-president (engineering services) at Massachusetts-based HfS Research says, "We cannot call this a trend yet, but we’re observing that many companies...