IT Services
Showing 1–12 of 16 results
- April 11, 2024
Cognizant has maintained strong business momentum. In the fourth quarter, the company secured seven individual deals exceeding $100 million each, which is a significant achievement for large contracts.
- April 2, 2024
IBM has been actively acquiring companies to strengthen its offerings in hybrid cloud and artificial intelligence (AI). In total, they have acquired nine companies in 2023, with Apptio being a key acquisition as a leader in FinOps software.
- April 1, 2024
Infosys’ revenue growth in Q3FY24 may appear to be slow, but there is a bright side to it, particularly regarding their services’ demand. The company has secured an impressive $3.2bn in significant deals, out of which 71% are from new clients.
- March 31, 2024
Google is currently experiencing a significant increase in recurring revenue streams, with both subscriptions and cloud services showing impressive growth.
- March 29, 2024
TCS, a leading IT services provider, has reported revenue of ₹605,830mn in Q3FY24, showing a 1.0% Q/Q and 4% Y/Y increase despite a weak demand environment and seasonal weakness.
- March 27, 2024
Microsoft has seen significant progress in the field of AI, resulting in an overall increase in revenue. Their Azure AI platform has attracted a growing number of new customers, indicating an increasing level of trust in Microsoft’s AI solutions.
- March 18, 2024
Accenture is focusing on investing in generative AI, cloud capabilities, digital marketing, and business optimization to drive future innovation. The company has acquired companies in different geographic markets, such as Anser Advisory in North America and Innotec in Spain, to expand its global footprint and service offerings.
- January 25, 2024
- December 27, 2023
IBM expects its revenue to increase by 3% to 5% for the full year, and the company aims to raise free cash flow by more than $1bn from 2022 to $10.5bn. In an environment where enterprises are looking to adopt cloud and AI technologies that lower their costs and boost efficiencies, IBM’s strategic partnerships are paying off well.
- December 26, 2023
Microsoft has announced that it secured several cloud partnerships with companies like Oracle and Salesforce. Recently, Microsoft has collaborated with Oracle Cloud by signing an agreement to use Oracle OCI for its Bing AI service.
This collaboration was due to a shortage of Nvidia’s server GPUs. Oracle Cloud has thousands of high-end Nvidia GPUs.
- December 26, 2023
Infosys- The cumulative large deal wins in Q2 contributed to a remarkable total TCV of $10bn for the first half of FY24, surpassing the entire large deal signings for FY23. This outstanding performance underscores the company’s robust client relationships and the significance of its services in the current market.
- December 13, 2023
During Q2FY24, Tata Consultancy Services achieved a Total Contract Value (TCV) of $11.2bn, which is the second-highest ever achieved in a quarter. The TCV comprised $4.5bn from North America, $3bn from BFSI, and $1.4bn from Consumer Business. The book-to-bill ratio for the quarter was 1.6. TCS’s order book was mainly driven by two mega deals worth TCV $1 bn each from BSNL and JLR.