AI Could Erode 30% Revenue for Tech Services Firms
Bain & Company warns business-as-usual approach risks 30% revenue erosion for tech services due to AI disruption. Learn how firms can adapt and thrive in the new AI-driven economy.
Category : Search result: tech services disruption
Cloudflare outage brings down major websites worldwide
Major platforms including X, ChatGPT, and Canva experienced global service disruptions for over an hour due to Cloudflare inconsistencies. Learn how the outage impacted millions.
Bank Holiday: Banks Closed Nov 22-23, No More Holidays
Banks across India will remain closed on November 22-23 for weekly holidays. Check which banking services remain available during closures and upcoming holiday schedule.
ABS Marine H1 FY26 Profit Soars 334% to ₹3.78 Crore
ABS Marine Services reports stellar 334% surge in standalone net profit reaching ₹3.78 crore for H1 FY26. Revenue climbs 32.4% as company expands operations.
Karnataka Govt Takes Over 108 Ambulance Service by 2026
Karnataka government will directly manage the 108 emergency ambulance service by February 2026. The plan includes procuring 175 new ambulances and recruiting emergency medical technicians.
Hexaware Q3 Revenue $394.8M, Up 5.5% YoY
Hexaware Technologies reports impressive Q3 CY25 results with $394.8 million revenue, marking 5.5% year-over-year growth. Discover the key drivers behind this performance and what's next for the IT major.
Odisha Civil Services Prelims 2024 Results Declared
The Odisha Public Service Commission has announced the OCS preliminary examination results. Thousands of aspirants can now check their scores online. Discover cutoff trends and next steps for successful candidates.
India Services Growth Hits 5-Month Low: HSBC PMI
India's dominant services sector experienced moderated growth in June as heavy rains and intense competition tempered expansion, according to latest HSBC PMI data.
India's services growth hits 5-month low on rains, competition
India's services sector expansion slowed to a five-month low in October as torrential rains and intense competition impacted business activity, according to the latest PMI data.
India Services Growth Slows, Manufacturing Rebounds: HSBC PMI
Latest HSBC PMI data reveals contrasting trends in India's economy - services sector expansion moderates while manufacturing activity picks up pace in October.
India Services Growth Cools in Oct, Price Pressures Ease
India's dominant services industry showed moderated expansion in October 2024, with business activity and sales growing at a slower pace, though price pressures saw significant relief according to HSBC's latest PMI data.
Amazon Services Hit by Major Global Outage
Amazon Web Services and Prime Video faced widespread technical disruptions globally, affecting millions of users and businesses. Here's what happened and the current status.
Indian IT Navigates AI Storm with Top Client Focus
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
China Offers AI Computing Power to Global Tech Firms
China extends unprecedented offer to provide computing power for AI development to global tech companies, but with a crucial condition that's raising eyebrows worldwide.
Nvidia, Qualcomm invest $850M in India deep tech
Global tech giants including Nvidia and Qualcomm are pouring $850 million into India's deep tech ecosystem, creating unprecedented opportunities for AI startups and semiconductor innovation.
IBM to Cut Thousands of Jobs in Major Restructuring
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
Amazon's FASTNET cable streams 12.5M HD movies
Amazon unveils its first-ever subsea internet cable project FASTNET, claiming unprecedented bandwidth capacity that could revolutionize India's digital infrastructure and streaming capabilities.
Blue Cloud's $150M AI Chip Deal with Israeli Firm
Hyderabad's Blue Cloud Softech partners with Israeli firm for groundbreaking $150 million joint venture to develop next-generation Edge AI chips, positioning India as global semiconductor hub.
SIT Future Tech Summit 2025: Innovation Celebration Concludes
Symbiosis Institute of Technology Pune successfully hosted the Future Tech Summit 2025, featuring groundbreaking innovations, industry collaborations, and visionary discussions shaping India's technological future.
TVS Capital Bets Big on AI & Cybersecurity Startups
Exclusive insights into TVS Capital's Fund IV strategy focusing on AI, cybersecurity, and enterprise tech startups that are reshaping India's IT landscape. Discover their investment philosophy and sector predictions.
Startup Politics: Tech Entrepreneurs Transform Indian Democracy
Discover how tech-savvy entrepreneurs are transforming Indian politics with data-driven campaigns and startup strategies, challenging traditional political establishments.
Adeia Sues AMD Over Technology Licensing Dispute
US technology firm Adeia sues AMD for alleged patent infringement, demanding fair licensing terms for semiconductor innovations. Get the full story on this major tech legal battle.
Amazon's $38B OpenAI Deal for Nvidia AI Chips
Amazon Web Services strikes a massive $38 billion agreement with OpenAI, securing critical Nvidia AI chips in a strategic move that reshapes the cloud computing landscape and AI infrastructure race.
OpenAI's $38B AWS Deal: AI Industry Game-Changer
OpenAI partners with Amazon Web Services in a groundbreaking $38 billion deal, marking one of the largest cloud computing agreements in AI history. Discover what CEOs of both companies revealed about this strategic partnership.
Sam Altman's Peace Offer to Elon Musk in AI Race
In a surprising move, OpenAI CEO Sam Altman publicly reaches out to Elon Musk, advocating for peace and collaboration in the competitive AI landscape. Read about this unexpected development in the tech world.
Safecure Services IPO Allotment Finalised Today
Safecure Services IPO allotment is expected to be finalized today. Learn how to check your application status, discover the latest grey market premium, and get expert insights on what's next for investors.
TCS Data Centre Business Set for Lower Returns
Tata Consultancy Services' data centre division is projected to yield significantly lower returns compared to its core IT services business, according to recent analyst assessments.
AI Boom: US Pay Soars, Indian Salaries Drop 40%
The AI revolution is creating unprecedented salary disparities as American tech professionals see massive pay hikes while Indian engineers face a 40% compensation decline. Discover the changing dynamics of global tech employment.
100K Tech Jobs Axed: Amazon, Microsoft, Intel Cut Staff
Silicon Valley faces unprecedented job cuts as tech giants Amazon, Microsoft, Intel and others eliminate over 100,000 positions in 2025. Get the complete breakdown of which companies are cutting jobs and why.
AWS AI Boom Ignites Amazon Stock Surge
Amazon's cloud computing division AWS delivers spectacular results as artificial intelligence services fuel unprecedented growth, sending company shares soaring to record highs.
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