Nadella pitches Microsoft's digital initiatives for Rural India
The Dollar Business Bureau Microsoft CEO Satya Nadella, on his multi-city tour to India, met PM Narendra Modi and IT and Law Minister Ravi Shankar Prasad. In this brief meeting, he pitched Microsoft's digital inclusion initiatives to the government, which would help increase the reach of educational and healthcare services in rural areas. At NITI Aayog, Nadella participated in discussions to shed light on the growing importance of cloud computing in good governance. LinkedIn, now a professional social network wholly owned by Microsoft, was also discussed for its potential in skilling and employment generation, along with other rural digital programmes. Prasad also praised Microsoft's pilot project in Harisal, Maharashtra, which demonstrated the software giant's ability to bring good healthcare and education to remote areas by introducing digital connectivity. He also said that the government is mulling the prospect ...
IndiaSoft 2017: connecting Indian IT with global buyers
Sneha Gilada Hyderabad witnessed the inaugural of the seventeenth edition of Indiasoft on February 13, 2017. IndiaSoft is an initiative of the Electronics and Computer Software Export Promotion Council (ESC), meant to connect the Indian IT industry to global buyers and potential clients. The two-day event has an overwhelming global participation of over 400 delegates from 75 countries, making it an irresistible scouting ground for the thriving Indian mid-scale IT companies. The exhibit showcased innovative solutions in the field of big data, outsourcing, cloud computing, SAAS, e-governance, mobile app and website development. As many as 50 IT startups from all over the country exhibited their core competencies at the event, which was supported and funded by the Government of India. At the inaugural ceremony, Chief Guest Y.S. Chowdary, Union Minister of Science & Technology and ...
Microsoft posts growth in cloud services, drop in phones
The Dollar Business Bureau Microsoft released its FY 2017 second quarter results on January 26, 2017. It reported total revenues of $24.1 billion, up 1% year on year. The net income ($5.2 billion) has seen an increase of 4% year on year and earnings per share have increased to $0.66, up 6.4% from the previous year. Microsoft has its operations divided broadly into 'Productivity and Business Processes', 'Intelligent Cloud' and 'More Personal Computing'. The 'Productivity and Business Processes' segment showed 10% increase in revenue, amounting to $7.4 billion. Revenue in 'Intelligent Cloud' was $6.9 billion, up 8%, majorly driven by a 93% rise in revenue from Azure. 'More Personal Computing' saw a 5% drop in revenue, which stood at $11.8 billion. The fall is attributed primarily to sluggish phone sales. Growth of ...
China targets double-digit growth in software, IT service industry
The Dollar Business Bureau China is looking to achieve a 13% annual growth in its software and IT service industries between 2016 and 2020. On Tuesday, the government released a five-year plan for the industry, underlining that it will support the development of software and IT service companies and will encourage them to become influential and competitive industry leaders. The Ministry of Industry and Information Technology (MIIT) established a goal for 2020, that industry business revenue should exceed 8 trillion yuan (about $1.2 trillion) with average annual growth of more than 13% from 2016 to 2020. MIIT said Chinese companies should acquire leading innovative abilities and significant advantages in key technological sectors including artificial intelligence, cloud computing and big data and virtual reality, state-run Xinhua news ...
Up On Cloud Nine
Anita started her journey with her father's hardware business, and today is a part of the India leadership team of Dell. She has had her share of ups and downs and that's what she feels has brought her this far. Vanita Peter D'souza | March 2016 Issue | The Dollar Business Anita Sanghi, Global CFO & Executive Director, Infrastructure & Cloud Computing, Dell Services She started her corporate career almost two decades ago, but her professional journey started much earlier. During her college days, Anita assisted her father in his hardware retail and distribution business in the steel city of Rourkela, Odisha. Anita, a Chartered Accountant by profession, then worked with numerous companies. However, her ‘big break’ came in 1995 from Yokogawa ...
