Indian Enterprises Push Infra-Modernization, Fueling Public Cloud Growth
Despite the global macroeconomic challenges faced in the second half of 2022, the India Public Cloud Services Market experienced significant growth. This growth was fueled by the rapid adoption of digital technology by Indian businesses and the increased demand for cloud services from SMBs and startups, as revealed in a recent IDC study. The IDC study indicates that the revenue for the India... By CIO&Leader
What the Future Holds for Cloud Computing: Exciting Trends and Transformations
First, let's talk about the new norms in cloud computing: hybrid and multi-cloud. A hybrid cloud combines the best of both private and public cloud environments, enabling organizations to harness the scalability and cost-effectiveness of the public cloud while retaining control over their data and applications. As businesses increasingly move their workloads to the cloud, hybrid cloud solutions... By Jayesh Maduskar
Cybersecurity in 2023: What's keeping tech honchos up at night?
The COVID-19 pandemic has exposed the unpreparedness of many conventional organizations to respond to widespread disruptions and security risks. Nearly 30% of those firms that face such assaults are expected to suffer severe financial losses in addition to business interruption and reputational harm. With more people turning online for work, service consumption, and leisure,... By Jatinder Singh
AI: Opportunities in plenty, but challenges remain
Indian companies are fast adopting Artificial Intelligence (AI) to achieve a range of business objectives incorporating AI to make core business decisions as well as discrete business functions such as facial recognition and customer service. There is considerable maturity in thinking and deploying AI projects with early adopters showing the way with best practices and vendors offering robust... By CIO&Leader
Need for Balancing Innovation and Risk Management
One of the distinguishing features of the technological revolution, especially in the recent past has been rapid digitization, across sectors, which has no doubt has been beneficial to the respective companies, has helped them increase efficiencies, innovate and at the same time expand their business. Such technological advancements have also increased and facilitated the company’s reach to its... By Kanishk Gaur
Cyber Risk Decreases, but Majority of Organizations Anticipate Successful Attacks
According to a recent study conducted by Trend Micro, a global cybersecurity company, cyber-risk levels have shifted from "elevated" to "moderate" for the first time. However, the study highlights that insider threats continue to pose a persistent danger to organizations worldwide. For the first time in the history of these surveys, the global cyber-risk index has not only shown improvement... By CIO&Leader
73% of the organizations victim to ransomware attacks: Study
Global cybersecurity services provider, Sophos, has released its annual report titled "State of Ransomware 2023," revealing a significant increase in the rate of ransomware attacks in India. According to the survey, 73% of the organizations surveyed reported falling victim to ransomware attacks, marking a notable rise from the previous year's figure of 57%. Among these attacks, adversaries... By CIO&Leader
Role of AI and ML in cybersecurity
As the world becomes increasingly digital, the need for robust cybersecurity measures has never been greater. Cyber threats are growing more sophisticated and frequent, making it more challenging for human security experts to keep up. In recent years, artificial intelligence (AI) and machine learning (ML) have emerged as powerful tools in the fight against cybercrime. In this article, we will... By Kanishk Gaur
ChatGPT Has Eyes On Your Data: Can You Escape Its Stare?
When Samsung allowed engineers at its semiconductor division to use ChatGPT for fixing problems with the source code, little did the consumer electronics behemoth know that it was opening the gateway to unexpected data leakage. In three separate instances and within a month’s span, the company’s employees accidentally leaked confidential data while interacting with a chatbot. At a... By Shailendra Shyam
Artificial Intelligence and Digital Transformation: Strategies for Success
The business world is undergoing a seismic shift and those who fail to adapt risk being left behind. The transformational power of digital technology and Artificial Intelligence (AI) is undeniable, and companies that want to thrive in the current climate must embrace these trends with open arms. But make no mistake: the journey to digital transformation is not for the faint of heart. It requires... By Sanjay Chhokra
Companies will democratize access and analytics of their data
Industry conversations in the last few years have centred around the importance of data to businesses. As the Indian economy transitions to a knowledge-based, digitised economy, the ecosystems and platforms around those are expanding – almost every business has some form of digital process. Hence, in today's digital world, the volume of data entering economy and business ecosystems is... By Deepa Param Singhal