Technology Services
IBM India says bullish on tech ecosystem
BENGALURU : IBM India’s technology services business is witnessing a shift in client spending from traditional IT outsourcing work to digital transformation projects. Services, comprising global business services and global technology services, contribute about half of IBM’s totalrevenue. “Spending has shifted from keeping the lights on (traditional IT outsourcing) to driving revenue growth. Conventional IT …
Information Technology may trim 40K middle-level jobs
Bengaluru: Technology services companies could shed as many as 40,000 mid-level jobs by next year as India’s biggest export industry, battling mounting cost pressures, looks to cut more expensive resources and replace them with headcount at the base of the organisational pyramid. Mid-level resources, with work experience of 10-20 years, account for a fifth of …
