Category: In The News

Will AWS Pledge to Extend Life of Servers Inspire Other Cloud Firms to Follow Suit? | In the News

Amazon Web Services (AWS) made a surprise announcement during its February 2022 financial results about its plans to extend the useful life of the servers powering its cloud from four years to five, and its networking equipment from five years to six.

In response to this question, Yugal Joshi, Partner at Everest Group, points out that Amazon is not the first major cloud provider to make this type of decision.

Read more in Computer Weekly

L&T Infotech and Mindtree Merger to Start On Strong Foundation: Analysts | In the News

With the buzz about the merger of L&T Infotech (LTI) and Mindtree getting stronger, analysts believe that the merged entity will start on a strong foundation of growth as the combined total contract value (TCV) of both the companies at the end of FY22 was over $3 billion, but they are still skeptical on the timing of the merger.

“L&T is on the horns of a dilemma, both Mindtree and LTI are performing better than the market, and in fact, they are some of the top performers in the market. They are both performing significantly better than the scaled competitors such as Infosys TCS and Wipro, hence a merger is highly risky,” opined Peter Bendor-Samuel, CEO, Everest Group, an advisory firm.

Read more in Business Standard

How Digital Transformations Are a “Force Multiplier” for Business Sustainability | In the News

Digital is about delivering ever more power for less. The chance to deliver more insights about assets and resource use, from field to factory and beyond, means making processes more efficient and businesses sustainable.

This kind of project represents a tangible potential of a digital-sustainability approach. “One critical aspect of intermingling sustainability and digital technologies is to monitor, measure, and have the right metrics,” says Yugal Joshi, Partner at strategic research firm Everest Group.

Read more in SAP Insights

 

Cisco Sees Strong Demand for SaaS Solutions From SMBs, Tier-2 Cities

Analysts believe SMBs in India are increasing their investments in technology through the SaaS model.

“A primary reason is that SMBs don’t have a large internal IT team to manage their technology backbone and need integrated as well as easy-to-use solutions which SaaS offers through opex-led models. For instance, Cisco has brought a range of SMB-centred solutions through Cisco Designed, a suite of tools to help SMB clients across network, collaboration, compute, and security,” said Nitish Mittal, Partner at Everest Group.

Read more in Live Mint

Is Africa the New Global Talent Pool? | In the News

As businesses resume on-site work, hiring prospects are showing an upward trend across the major economies citing the attrition that happened during the pandemic. Under such circumstances, can the unexplored employment market of Africa fill-up the talent pool? Parul Jain, Practice Director at Everest Group, states that Africa possesses the potential to fill up the talent gap. However, citing the economic structure, she is of the view that geography calls for investments.

Read more in People Matters

7 Hot IT Outsourcing Trends — and 7 Going Cold | In the News

Over the past two years, digital transformation strategies have accelerated as fundamental to business survival. Companies are expected to spend US$6.3 trillion on direct digital transformation investments between 2022 and 2024.

“A price rise — if not across the board, for majority of workloads — is in the cards,” says Yugal Joshi, Partner at Everest Group. “Enterprises and service providers will have to work together to arrive at a mutually beneficial construct — which appears very difficult.”

Read more in CIO

 

Thread Builds in Decentralized Trials Again with CureClick Buy | In the News

Just over a year after partnering on a project to accelerate recruitment into decentralized clinical trials (DCTs), Thread and CureClick have decided to formally tie the knot.

According to analyst Chunky Satija at Everest group, research shows that patients are willing to participate in a clinical trial, but a large proportion of them are either unaware or unsure about clinical trial participation as an option.

Read more in PharmaPhorum

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