Deployment of the public cloud computing system can add around USD 100 billion to the Indian economy and generate 2.4 lakh direct jobs by 2023, a report released on Wednesday said. “Public cloud deployments in India have the potential to contribute approximately USD 100 billion in GDP (gross domestic product) cumulatively from 2019 to 2023. When annualised, this is equivalent to 0.6 per cent of GDP and 15 per cent of the GDP impact of the IT industry and 25 per cent of the textile industry in India,” the Google Cloud-BCG joint report said.

Publication: Financial Express 

India’s public cloud deployments is poised to become an $8 billion industry in 2023, says a combined report by Google Cloud and Boston Consulting Group (BCG). The business efficiencies and growth resulting from public cloud deployments also have the potential to create up to 240,000 jobs and impact another 743,000 jobs through second order effects from 2019 to 2023.

Publication: Livemint

Digital CFOs are technology savvy chief financial officers, who think about new growth models. “They think about where the organisation will be in the future in order to maximise shareholder value. I don’t think in today’s environment I can foresee any organisation that can afford to have a CFO that only works on the numbers,” Kimberly Ellison-Taylor, global strategy leader, Cloud Business Group, Oracle, tells Sudhir Chowdhary in a recent interview. Excerpts:

Publication: Financial Express 

Artificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots are rapidly making headway into the workplace. By 2024, Gartner predicts that these technologies will replace almost 69% of the manager’s workload. “The role of manager will see a complete overhaul in the next four years,” said Helen Poitevin, research vice-president at Gartner. “Currently, managers often need to spend time filling in forms, updating information and approving workflows. By using AI to automate these tasks, they can spend less time managing transactions and can invest more time on learning, performance management and goal setting.”

Publication: Financial Express 

Accenture opened a new Innovation Hub in Hyderabad, where clients can co-innovate with Accenture by ideating, rapidly prototyping and then scaling disruptive products and services for the digital economy.  The latest addition to Accenture’s global innovation network, the Hyderabad Innovation Hub is spread over 300,000 square feet where clients can co-innovate and co-create solutions with more than 2,000 Accenture professionals with expertise across multiple industries and advanced technologies such as artificial intelligence, security, extended reality, automation and blockchain.

Publication: TechNutter

Why do you think so fewer women in the tech space, or in the field of entrepreneurship, for that matter? There is a significant population of women in tech space doing junior roles between the age group of 22- 30. However, there is a drastic dip in the count of women who occupy mid and senior management roles. This is predominantly due to several factors like marriage, relocation after marriage and child birth, to name top few reasons.

Publication: Express Computers 

Acer, in a precautionary move in the wake of the spread of the coronavirus announced that an Esports tournament hosted by it called the Asia Pacific Predator League 2020, scheduled to be held from February 19th to 23rd in Manila, Philippines has been postponed “in the interest of the health and wellbeing of the tournament’s competitors, spectators and staff during this period”.

Publication: The Economic Times 

The emergence of new-age technologies such as AI, ML, and cloud analytics, has disrupted IT operations, business models, and markets – creating a need for organisations to revamp their traditional IT infrastructures. To gain a competitive edge and to overcome significant challenges such as managing numerous workloads, organisations are heavily investing in transforming their IT infrastructure.

Publication: TechNutter