Cloud Services Market Reached $545.8 Billion in 2022
The global public cloud services market experienced remarkable growth in 2022, reaching a total revenue of $545.8 billion. According to the International Data Corporation (IDC), Software as a Service – Applications (SaaS – Applications) emerged as the leading revenue source. In contrast, Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) witnessed substantial growth. AI... By CIO&Leader
Decoding the Personal Data Protection Bill
With the cabinet recently approving the Personal Data Protection Bill for introduction in the upcoming monsoon session of Parliament, India is making substantial strides toward robust data privacy protection. This bill is set to overhaul how businesses manage, use, and protect personal data, making it imperative for organizations to comprehend its potential implications. A paradigm shift in data... By Kanishk Gaur
India gives green light to Digital Personal Data Protection Bill
The Union Cabinet's approval of India's Digital Personal Data Protection (DPDP) Bill on July 5, 2023, represents a significant step in India's efforts to safeguard privacy rights. The much-delayed DPDP bill sets forth guidelines for organizations and entities involved in collecting personal data, defining regulations for data storage, processing, and protecting individuals' rights. While some... By Nisha Sharma
The Changing Face of CISOs in India's Digital Landscape
In the realm of cybersecurity and information security, a new role has steadily gained prominence - the Chief Information Security Officer (CISO). While the position has been subject to extensive debates concerning its functions, responsibilities, and reporting, it's becoming increasingly clear that the role is indispensable in our data-driven world. Traditionally, most Indian organizations... By Kanishk Gaur
Tech Skill Gap: A Looming Challenge for Business Growth
In the rapidly evolving digital landscape, businesses increasingly rely on technology to drive growth, innovation, and competitiveness. A growing obstacle stands in the way: the tech skill gap. The disparity between the demand for specialized tech skills and the availability of qualified professionals poses significant challenges for businesses across industries. “Tech skills transformation –... By Nisha Sharma
Qlik Focuses on Enhancing Response Time and Addressing Governance Challenges
Over the past few years, businesses in various industries have increasingly utilized AI-driven data and predictive analytics tools to drive intelligent decision-making, improve cybersecurity measures, enhance operational efficiency, and gain deeper insights into their customers. These businesses increasingly seek real-time data streaming for analytics to achieve faster response times and... By Jatinder SinghVi Business launches #ReadyForNext 2.0 to help MSMEs unlock growth
MSMEs account for one-third of India’s economy and are one of the critical pillars of the country’s Atmanirbhar Bharat agenda. At a time when digital transformation has become crucial for businesses to sustain and grow, the Government has identified digital and technology adoption as one of the core challenges for the MSME sector. On the occasion of World MSME Day today, Vi Business, the... By CIO&Leader
Will ChatGPT Replace Data Scientist Jobs?
Have you ever wondered how Chatbots and Data Scientists stack up against one another? Both roles are critical in today's digital landscape, but what sets them apart? In response to the question about whether ChatGPT will replace data scientist jobs, ChatGPT provided the following insight: "Data scientists possess specific skills, including domain knowledge, statistical expertise... By Vinay K MayerFosfor and Snowflake Deepen Joint Commitment to Enable Faster and Better Decisions for Enterprises with GPT, Snowpark, and Streamlit Integrations
Fosfor, the Data Products Unit of LTIMindtree, announced a series of new integrations with Snowflake at its annual user conference, Snowflake Summit 2023. These integrations will allow Snowflake customers to leverage the Data Cloud to realize the full power of the Fosfor Decision Cloud, accelerating their adoption of Artificial Intelligence (AI) and Machine Learning (ML) workloads and optimizing... By CIO&LeaderOracle Introduces Generative AI Capabilities to Help HR Boost Productivity
Oracle today announced the addition of generative AI-powered capabilities within Oracle Fusion Cloud Human Capital Management (HCM). Supported by the Oracle Cloud Infrastructure (OCI) generative AI service, the new capabilities are embedded in existing HR processes to drive faster business value, improve productivity, enhance the candidate and employee experience, and... By CIO&Leader