Tag: nasscom

Demand for Expertise in Disruptive Technologies on demand : IIIT-Hyderabad

Expertise in Disruptive Technologies are on demandIIIT-Hyderabad in association with TalentSprint unveiled a report on Demand for Expertise in Disruptive Technologies among Technology Professionals. The report showcases trends among working professionals in Hyderabad on how they are gearing up to acquire expertise in the latest AI/ML technologies.

The data was collated and analysed in association with TalentSprint and it summarizes program applicant data to highlight how technology professionals are gearing up to acquire the latest AI/ML expertise in Hyderabad, an analysis of applicant data reveals four key insights. First, professionals with more than five years in the industry are keen to upgrade themselves. Second, there is a rising demand for AIL/ML programs from professionals working in the IT services sector. Third, start-ups and small companies are embracing disruptive technologies rapidly. Fourth, women professionals and young professionals with less than five years of experience are not sufficiently aware of the need to acquire new expertise.

A recent NASSCOM report mentioned that many jobs which are available today may cease to exist in the next five years. Therefore, there is an immediate need to acquire new expertise in disruptive technologies. According to Dr. P.J. Narayanan, Director, IIIT-Hyderabad, “The IT industry is perhaps seeing an unprecedented churn which was not anticipated earlier. As the industry faces renewed challenges, we need to create an ecosystem to promote and propagate new disruptive technologies such as AI/ML which are set to take center stage within the next five years.”Read More

Advertisements

Nasscom forecasts $25-billion revenue potential from India-Israel startups

Nasscom forecasts $25-billion revenue potential from India-Israel startupsThe cumulative cross-border investment in Indian and Israeli startups has a $25 billion of revenue potential by 2025, said a recent report “Collaborative Innovation: The vehicle driving Indo-Israel prosperity” of Accenture and NASSCOM.

The report identifies IINSPIRE ((Israel-India Startup Platform for Innovative Research and Entrepreneurship) framework to release innovation potential of the two startup nations.

It concludes by recommending the creation of a program called IINSPIRE which aims to unleash the combined power of these two nations to deliver on Vision 25/25, by combining their strengths across three areas: talent, technology and temperament.
The cumulative cross-border investment in Indian and Israeli startups has a $25 billion of revenue potential by 2025, said a recent report “Collaborative Innovation: The vehicle driving Indo-Israel prosperity” of Accenture and NASSCOM. The report identifies IINSPIRE ((Israel-India Startup Platform for Innovative Research and Entrepreneurship) framework to release innovation potential of the two startup nations. It concludes by recommending the creation of a program called IINSPIRE which aims to unleash the combined power of these two nations to deliver on Vision 25/25, by combining their strengths across three areas: talent, technology and temperament….Read More

NASSCOM invites nominations for CEATEC 2017

NASSCOM invites nominations for CEATEC 2017The National Association of Software and Services Companies (NASSCOM) has initiated the process for Indian start-ups to participate in Combined Exhibition of Advanced Technology (CEATEC) 2017 at Japan.

CEATEC 2017 attracts almost 150,000 visitors will be conducted in partnership with Japan – IoT Acceleration Consortium (ITAC) and Ministry of Economy, Trade and Industry (METI).

ITAC, which was established in October last year, is a framework between government, industry and academia for IoT business promotion in Japan. It aims to extend financial, regulatory and business matching support to Indian start-ups. As of May 2017, ITAC has 3,000 participating companies, with support committee members like Google, Microsoft, Intel, Accenture, Apple, Bosch, GE and many others….Read More

India to be a $1 trillion digital economy in 4 years: Ravi Shankar Prasad

India to be a $1 trillion digital economy in 4 yearsA high level meeting was organised in the national capital to understand on how to achieve a US $1 trillion digital economy within four years by creating affordable technology and an inclusive environment. Besides the Union Minister of Law and Justice of India, Shri Ravi Shankar Prasad and Union Minister of State, Ministry of Law and Justice, Shri P P Choudhary, the meeting on building India’s digital economy saw the presence of Indian technology giants and leaders.

There were industry experts like R Chandrashekhar President – Nasscom; Rajan Anandan, VP & Managing Director – Google India; Rishad Premji, Chief Strategy Officer – Wipro; C P Gurnani, MD and CEO- Tech Mahindra; A P Hota, Managing Director & CEO of National Payments Corporation of India; Rajendra S Pawar, Chairman & Co-Founder – NIIT Group, Subho Ray, President – Internet and Mobile Association of India and Kavin Bharti Mittal, CEO – Hike Messenger, among others.

The minister spoke on how the government is committed for deform and perform, by using digital delivery and services like the AADHAR and 2.5 lakh Common Services Centres (CSC) spread across the country. Nearly Rs 1200 crore income has been generated by CSCs. “With this we can definitely achieve the said target, where there is a multi-billion dollar opportunity that exists in areas like IT and IT enabled services, e-commerce, electronics manufacturing, digital payments and cyber security.

While giving a brief of the progress that has been made in the Digital India initiative from the period of May 2014 to June 2017, the Minister said that India became the second largest market for smartphones in the world, with smartphone users rising to 40 crores, mobile phone users to 108 crores and Internet users to 50 crores in 2017. India has also emerged as the 3rd largest start-up eco-system with IT/Technology start-ups dominating the start-up scenario in the country. Nearly 400 new start-ups are coming up every year. The e-commerce market has also seen nearly 100% growth with the figure showing 2.11 Lakh Crore customers shopping online in December 2016. The growth in e-governance transactions has also gone up, with the latest figure from April pointing to 3.5 crore. The growth in Digital Payments has been drastic after demonetization, with Mobile wallet, UPI-based payment, Debit Card, IMPS and Aadhaar enabled Payment System being the top digital payment modes….

See more at: http://www.varindia.com/news/india-to-be-a-1-trillion-digital-economy-in-4-years-ravi-shankar-prasad

Qualcomm encourages Make in India vision with “Design in India” Challenge

qualcomm-design-in-india-challengeWith a view to catalyzing the creation of a product and hardware design ecosystem in India, Qualcomm, in association with the National Association of Software and Services Companies (NASSCOM), has announced the ten finalists of the first edition of the Qualcomm Design in India Challenge which was launched in December 2015.

“We are delighted to see an industry leader like Qualcomm join forces and contribute to the government’s Make in India vision. The Qualcomm Design in India Challenge will have a positive impact towards making India a global hub for hardware design,” said J. S. Deepak, Secretary, Department of Telecom (DoT), Ministry of Communications and Information Technology, Government of India…Read more

NASSCOM inaugurates its second warehouse in Bengaluru

Siddaramaiah-chief-minister-of-karnatak-300x300After successfully setting up start-up warehouse in Bengaluru, the National Association of Software & Services (NASSCOM) has announced the inauguration of its second warehouse in the city in the presence of Hon’ble Chief Minister of Karnataka Siddaramaiah, Hon’ble Minister for Bengaluru Development and Town Planning K. J. George, NASSCOM President R. Chandrashekhar, and NASSCOM 10,000 Start-ups Vice-President Rajat Tandon…Visit VARINDIA for the full post

NASSCOM organizes BPM Strategy Summit 2015 in Bengaluru

nasscom-logo1-e1424760657283Highlighting the steady growth and rapid evolution of Indian BPM industry leading to key transformations for its customers, the National Association of Software and Services Companies (NASSCOM) has kick-started the two-day NASSCOM BPM Strategy Summit 2015 in Bengaluru. The summit served as a platform for delegates and industry leaders and experts to synergize their efforts to evolve the dynamic BPM landscape, enabling it to deal with ever- changing global business trends.

NASSCOM has also launched the findings of its CEO Survey on Strategic Priorities for Indian BPM Leaders which focusses on how industry leaders are looking at the future. The survey highlights multiple strategies to stay ahead of the curve and move from being a service provider to strategic partner to their customers. The finding recommends leaders to be more customer-focussed and become solution experts driving digital transformations driving specific high-impact outcomes…Read more