Tag: digital transformation

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
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IBM Nears $11B Confluent Deal to Boost Cloud and AI

IBM is reportedly close to acquiring Confluent for nearly $11 billion, according to the Wall Street Journal, in what would be one of its...

Gartner Warns AI Investment Drop in Auto Sector by 2029

The automotive industry’s enthusiasm for AI is set for a sharp correction over the next five years, according to Gartner. While nearly every major...

Forrester Says 2026 Will Force Indian Enterprises to Prove AI’s Trust and Value

Forrester’s 2026 Predictions for India cut through the noise: the AI hype cycle is ending, and enterprises will be judged not on “experiments” or...

US CIO Survey Shows IT Budgets Rising in 2026 as AI Reshapes Enterprise Strategy

Enterprise IT leaders across the United States are entering 2026 with renewed confidence, expanded budgets and a decisive shift toward AI-driven software development, according...

Datadog Deepens AWS Partnership, Unveils New AI and Cloud Observability Features

Datadog and Amazon Web Services (AWS) are deepening their partnership with a new Strategic Collaboration Agreement (SCA) and a suite of product enhancements aimed...

Only 16% of IT Firms Reach Accelerated Innovation Stage

India’s IT sector is undergoing a decisive shift as it moves away from traditional service-led models and toward innovation-driven, AI-enabled growth. According to the...

Cognizant Unveils AI-Driven Platform for Resilient IT Operations

Cognizant has unveiled Resilient IT Operations, a new platform-powered offering designed to help enterprises reduce IT downtime, automate routine work, and strengthen resilience across...

Freshworks Reports Software Complexity Waste

Freshworks’ Cost of Complexity Report 2025 highlights a significant operational issue across global enterprises: companies are losing nearly 20 percent of their software budgets...

IndiaAI CEO Warns IT Sector of AI Coding Disruption

India’s decades-long advantage in software services is at risk as AI-powered coding tools from OpenAI, Google, Anthropic and others rapidly increase in capability. Speaking...

The Standard Unveils India GCC to Drive Global Tech Transformation

The Standard, a leading U.S.–based provider of insurance, retirement, and investment products, has officially launched StanCorp Global Services India Private Limited (The Standard India)...

Infosys Launches AI-First GCC Transformation Model

Infosys has launched a new AI-First GCC Model designed to help global enterprises build, scale and modernise their Global Capability Centres (GCCs) as AI-driven...

S&P Warns AI and Digitalization Will Deepen Structural Risks for Global Banks

The global banking sector is moving into a more volatile phase as rapid digitalization, expanding use of artificial intelligence (AI), climate-linked vulnerabilities, and rising...