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India’s internet user base will touch 730 million by 2020, the latest report by Nasscom and Akamai Technologies has revealed. According to ‘The Future of Internet in India’ report, India, whose Internet user base is second largest after China, will remain the fastest growing market. Globally, the number of Internet users is expected to touch 4170 million by 2020. The growth of the Internet has successfully created a strong ecosystem for new businesses to tap into growing markets and create solutions to address their demands. Speaking at the launch, R...

A running recap of the top 10 happenings in the IT Channel Industry this week. 1. Re-skilling, Need of the Hour for IT Industry: NASSCOM With the theme “Navigating Uncertain Waters”, NASSCOM kick-started the 13th edition of HR Summit 2016 in Chennai, focusing on how digital technologies are reshaping HR and the proactive role it will need to play while technology leads to new job avenues. (Read more) 2. Microsoft Claims Big Gains in Azure Cloud Biz Growth in revenue of commercial cloud computing business has helped push Microsoft’s quarterly revenue above...

The National Association of Software and Services Companies (Nasscom) launched India’s first Centre of Excellence - Internet of Things (CoE- IoT) at the Nasscom Startups Warehouse in Bengaluru. The center was inaugurated by Ravi Shankar Prasad, Union Minister for Law, Government of India. The CoE will focus on leveraging IT strengths and creating a new age industry with the support of IoT based ideas. Nasscom reveals that IoT Market has witnessed growth of 28% from FY2015 - FY2016.Nearly 120 firms offering IoT solutions in India; around 60% IoT startups emerging...

Enterprises are largely adopting automation for higher efficiency in the operations, however, it is feared that the technology might take away 6.4 lakh “low-skilled” jobs in the IT sector by 2021. According to US-based research firm, India’s IT services industry will lose 6.4 lakh “low-skilled” jobs to automation in the next five years. According to HfS Research, by 2021, IT industry in India and overseas will lose 9 percent headcount, or about 1.4 million jobs. The HfS report states “low-skilled” jobs will fall by 30 percent. However, the report said the...