Nasscom, the trade groups for India's software industry, launched four centers of excellence (CoEs) to pursue Internet of Things (IoT) Data Analytics and Artificial Intelligence (AI). While the CoE for IoT offers platforms to innovate on connected devices, those for data sciences and AI collaborate with government, innovators, academia, industry,...
Global Captive Centers Outpace Indian I.T. Companies in Hiring
For the first time since 2008, global in-house center (GIC) hires by foreign companies overtook the number of people hired by India's IT services and back-office companies. About 1,100 GICs now employ 900,000 people in India. "While hiring by pure-play India-based technology services players was muted, Indian GICs have hired...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
India, Canada Groups Cooperate on Blockchain Technology
India's tech industry body Nasscom and Canada's Blockchain Research Institute will create a center of excellence in India to provide "high-end technology capabilities." Canadian government-backed researchers will partner with India's tech industry to explore the use of blockchain in government and academic institutions, as well as businesses. Blockchain Research Institute...
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...
Amazon Brings its Startup Program to India
Amazon brings its global startup program Launchpad to India. The India Launchpad portal has products from over 400 startups, of whom 25 are India-based. The company has partnered with trade body Nasscom, the Government of Maharashtra, the Indian Angels network, and venture capitalists to help startups on policy and financial...