Page 3 - Software

Govt defers mandatory use of transparent accounting software use by year

This comes as relief to businesses across the spectrum

BlackBerry misses 4th-quarter revenue est despite rebound in software sales

Canada's BlackBerry Ltd missed Wall Street estimates for fourth-quarter revenue on Tuesday, even as the company said sales of its QNX car software showed improvement

Explained: How open-source software is powering India's startup ecosystem

Using open-source software gives startups the access to a powerful community and better tools

IBM Corp revenue disappoints as software sales mark rare decline

IBM Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals

Meet the entrepreneur who is bringing 'open source' to enterprise software

Rushabh Mehta claims his firm is the biggest open-source project in ERP in India, and the second largest in the world

Buffett-backed Snowflake's value doubles in market's largest software debut

Snowflake shares started trading at $245 apiece on Wednesday, more than double its $120 IPO price, and closed up 111% at $253.93 to value it at over $70 billion

Wipro, US-based ProcessMaker ink pact to serve customers in Latin America

Wipro Limited and ProcessMaker announced a partnership for delivering workflow management solutions to the Bengaluru-headquartered firm's customers in Latin America

Facebook India gets down to serious business as it tries to go local

For the $71-billion Facebook Inc more is always merrier: more people means more engagement and, consequently, more advertising

European startup Infobip raises over $200 mn in Series A funding: Report

Founded in 2006, Infobip provides technology in omnichannels marketing, allowing companies to communicate with customers through text messages or third-party apps such as WhatsApp

Covid masks thwarting facial recognition tech, will investigate: US agency

Even the best commercial facial recognition systems have error rates as high as 50% when trying to identify masked faces, says study

Autodesk acquires construction software firm founded by Indian techies

The acquisition will empower general contractors, subcontractors and owners to gain more value from Autodesk Construction Cloud

Covid-19 to shrink India enterprise software market growth to 3.8% in 2020

The disruption cased by Covid-19 would cause a significant decline in India's enterprise software market this year, tapering down the growth to mere 3.8 per cent (y-o-y), a new IDC report said.

Bullish on India market, VMware plans to expand cloud software technology

VMware traditionally makes virtualization software, which creates a virtual machine that acts like a real computer. This helps companies cut IT costs by saving on server and storage space

India's software market grew at 12.4% in January-June 2019: IDC report

India's overall software market was estimated to grow at a compound annual growth rate (CAGR) of 14.1 per cent between 2018 and 2023, said the Worldwide Semi-annual Software Tracker report

Oracle India's FY19 revenue exceeds Rs 10,000 cr, net up 8% at Rs 540 cr

Oracle, which provides a range of technology-led services to various enterprises and government bodies, competes with the likes of IBM, Microsoft and Google in India.

India IT spending to hit $94 bn in 2020 on business growth, says Gartner

Strong growth in total software spending will be driven by enterprise application software which is forecast to grow 17 per cent in 2020

Software services exports from STP units up 9% to Rs 3.2 lakh crore

The total IT/ITeS export of the country is estimated at $108 billion during the financial year 2015-16

India software revenue to touch $5.8 billion in 2017: Gartner

The computer software and hardware vertical had a FDI inflow of $5.9 billion during the period from April 2015 to March 2016