Software Services

Tesla veteran Jay Vijayan's startup Tekion secures $200 million funding

Automotive software platform gets backing of Dragoneer Investment Group at a valuation of $4 billion

DocuSign to lay off 10% of its workforce as part of its restructuring plan

US-based e-signature software company DocuSign has announced that it plans to lay off around 10 per cent of its workforce as part of the restructuring plan.

Intel unveils 4th Gen Xeon Scalable processors with better performance

Chip-maker Intel on Wednesday unveiled 4th Gen Xeon Scalable processors (code-named Sapphire Rapids) with better performance

Microsoft to no longer provide security updates for Windows 7, 8.1

Tech giant Microsoft will no longer provide security updates to Windows 7 and Windows 8.1, leaving the users with the option to upgrade to a newer OS or remain vulnerable to security threats

CAG says 3 state-owned oil firms ignoring own software for logistics

National auditor says state-owned companies make monthly adjustments that aren't best for saving costs, efficiency

Ola Electric launches third software update for its e-scooter customers

Upgrade will give vehicles more than 50 features and improvements, says company

EU probing $61 billion acquisition of software firm VMware by Broadcom

The European Commission has opened an in-depth investigation to assess the proposed acquisition of enterprise Cloud software company VMware by Broadcom

Software firm Salesforce's workers brace for fresh round of layoffs

Salesforce, an enterprise software company, is preparing for another round of layoffs amid leadership changes, increased pressure to meet sales targets, and the influence of activist investors.

Absolutely committed to integrity, transparency of our ops: Top Oracle exec

Speaking in the context of recent charges against the firm, Garrett IIg, president, Oracle Japan and Asia Pacific, says compliance training among employees has become more aggressive recently

Amazon becomes world's first listed firm to lose $1 trillion in market cap

Amazon and Microsoft Corp. were neck-and-neck in the race to breach the unwelcome milestone, with the Windows software maker close behind after having lost $889 billion from a November 2021 peak

Software delivery firm Devtron raises $12 mn funding from Insight Partners

Start-up will use financing to expand team, promote its platform and expand business

Nasscom to train up to 50,000 product managers by 2025: Narayanan

NASSCOM Product Council is a community to cater the needs of 3,720 product companies based in India in both domestic and global contexts

Addteq APAC announces rebranding; changes corporate name to 'Enreap'

/ -- Addteq APAC announced its plan to change its corporate name to "Enreap" to enable sharper strategic focus to be a global leader in ALM, DevOps and Digital Services. The name is derived from two powerful components, "en" and "reap". "en" signifies an association that envisions, enhances, enables, energizes, and improves the adjoining part, and "reap" signifies the business value realization for our customers. As part of the name change, the company has released a new company logo and launched a new company website at www.enreap.com. "2022 is a crucial point in the evolution of our organization. Over the past decade, as one of the most trusted partners for Atlassian in India and Southeast Asia, we have served over 300 customers and developed competencies that help organizations achieve enterprise agility with DevOps and ALM. Digital transformation is now an urgent priority for enterprises, as market needs have changed. To address those changing needs, we have expanded our ...

Xiaomi's 5G phones to get standalone network updates from October

The update is expected to happen in October

A lot has changed since decades-old IT Act: Chandrasekaran at TCS AGM

Tata Sons chairman says Digital India Act need of the hour

Chennai-based SaaS co Kissflow launches new low-code/no-code work platform

Platform unifies the entire spectrum of work management for enterprise-wide users. This includes end-users, teams, team managers, process experts, citizen developers and IT developers

ITC Infotech eyes $500 mn revenue over five years from new business unit

Last month, ITC Infotech said it would be acquiring a part of PTC's product lifecycle management (PLM) implementation services business and create a new business unit, DxP Services

Nasscom appoints Krishnan Ramanujam as Chairperson for 2022-23

Krishnan was the Vice Chairperson of the body. He succeeds Accenture's Senior Managing Director in India Rekha M Menon, who had served as the Chairperson for 2021-22.

Despite good prospects, valuations concerns may cap upside in L&T Infotech

L&T Infotech's new deal wins and pipeline indicates strong demand environment.

Kissflow to tap low code, no code biz, to set up offices overseas

The city-based company on Friday presented German luxury BMW cars to each of the five senior management officials who have been with the firm since inception