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web development news

Indian IT/BPM market is driving adoption of low-code solutions: Microsoft

Posted on December 31, 2022 by Nitish

According to Charles Lamanna, Corporate Vice President of the Power Platforms Group at Microsoft, the company’s low code-no code (LCNC) solutions are anticipated to gain traction in India, with IT and Business Process Management solution providers driving their adoption. The increasing demand for LCNC solutions in India mirrors the global trend, as organizations increasingly embrace digital solutions while grappling with a shortage of technical talent. LCNC encompasses a suite of tools enabling developers to construct applications through a visual drag-and-drop interface, covering user interfaces, integrations, data management, and logic. Microsoft’s Power Platform, comprising Power BI, Power Apps, and Power Automate,

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IT clients stick to smaller deals on headwinds

Posted on December 22, 2022 by Nitish

Due to the prudent macroeconomic climate in major geographies such as the US and Europe, clients of IT services firms are directing their attention towards smaller deals. According to a report by ISG, the proportion of substantial awards exceeding $100 million (Rs 800 crore) in annualized contract value (ACV) has dropped to its lowest point in five years, constituting only 10% of deal activity in the July-September quarter. In contrast to historical trends where mega awards, valued above $100 million, made up more than 20% of the total managed services ACV in the IT and business services sector, the third

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Indian IT companies contributed $57.2 billion to American GDP in 2017

Posted on July 31, 2019 by Nitish

In 2017, Indian IT companies significantly contributed $57.2 billion to the US GDP, as highlighted by India’s Ambassador to the US, Harsh Vardhan Shringla, during an address to business leaders in Denver, Colorado. These companies, operating globally from India, also played a substantial role in the US job market, employing over 175,000 workers, constituting 8.4 percent of the employment in the computer systems design and related services sector. Speaking at the 2019 State International Development Organisation (SIDO) Conference on US-India Trade and Investment, Shringla emphasized that Indian IT firms have become integral to American society, extending their impact beyond the

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The biggest threat for Indian IT companies in 2019 will be a severe talent crunch

Posted on December 27, 2018 by Nitish

During a conference call in September, Hexaware, an IT, BPO, and consulting services company, expressed concerns about potential challenges in the supply of talent in the US. While demand remained robust, the company faced difficulties executing projects due to talent shortages in the US. Persistent Systems echoed similar sentiments, emphasizing challenges in meeting demand due to constraints in accessing the right talent at the right time. This issue is not unique to Hexaware and Persistent; it reflects a broader concern within India’s IT services industry. The industry has primarily focused on meeting the growing demand for digital services but has

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