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With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry. The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing. Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players' growth may range between 0.7 per cent and 4 per cent.

Databricks Launches Data Intelligence Platform for Energy, Bringing Generative AI Capabilities to the Energy Sector

BRUSSELS : Deutsche Telekom, Orange, Airbus and 15 other EU companies have criticised a proposal that would allow Amazon, Alphabet's Google and Microsoft to bid for highly sensitive EU cloud computing contracts.The draft plan from Belgium, which currently holds the rotating European Union presidency, con

As macroeconomic conditions made enterprises in the Americas more cost-conscious in 2023, interest in mainframe modernization increased significantly, according to a new research report published today by Information Services Group (ISG) , a leading...

BRUSSELS (Reuters) - Deutsche Telekom, Orange, Airbus and 15 other EU companies have criticised a proposal that would allow Amazon, Alphabet's Google and Microsoft to bid for highly sensitive EU cloud computing contracts.