Clover Infotech brings to you a curated round-up of important technology updates for the month of November’22.
#1 Gartner Forecasts India IT Spending to Grow 2.6% in 2023
India IT spending is projected to grow 2.6% in 2023, according to a recent forecast by Gartner, Inc. Even with the looming tensions of global inflation and the weakening rupee, Indian businesses will continue to increase their spending in key segments of information technology next year…
#2 New Data Protection Bill Draft: Penalty of up to Rs. 500 crores for personal data breach
The draft proposes to set up a Data Protection Board of India, which will carry on functions as per the provisions of the bill. The Data Protection Board can impose a penalty of up to ₹500 crore if non-compliance is found to be significant…
#3 Amazon unveils supply-chain cloud services drawing on its retail arm
Amazon.com Inc on has announced software drawing on its retail expertise in an effort to boost sales to businesses and remain the largest cloud-computing provider ahead of Microsoft Corp and Alphabet Inc’s Google. Taking lessons learned over years of delivering online orders to shoppers’ doorsteps, Amazon’s cloud division unveiled a service called AWS Supply Chain to alert businesses when inventories are low and help them address supply issues that were chronic during the pandemic…
#4 Gartner Highlights 10 Common Cloud Strategy Mistakes
A cloud strategy is a concise viewpoint on the role of cloud computing in the organization. However, business and IT leaders continue to make 10 common mistakes when crafting their cloud strategy, according to Gartner, Inc…
According to the Equinix 2022 Global Tech Trends Survey, 74% of IT decision-makers in India view shortage of personnel with IT skills as one of the main threats to their business…
#6 Indian IT services grow by 8% in first half of 2022, says IDC
The overall IT and business services market, which IDC classifies into three segments, namely, project-oriented, managed services, and support services, was valued at $7.15 billion and recorded a 7.4% year-over-year (YoY) growth compared to 6.4% growth in the first half of 2021…
#7 AWS launches infra region in Hyderabad, aims to invest $4.4 billion by 2030
The new AWS Asia Pacific (Hyderabad) Region is estimated to support more than 48,000 full-time jobs annually through a planned investment of more than $4.4 billion (approximately Rs 36,300 crore) in India by 2030, according to a statement from the company…
#8 Edge computing market to be worth $155.90 billion by 2030: Report
According to a recent report by Million Insights, the global edge computing market size is projected to reach USD 155.90 billion by 2030 and register a CAGR of 38.9% from 2022 to 2030. The integration of artificial intelligence (AI) into the edge environment is expected to propel market expansion…
#9 Gartner Forecasts IT Spending in EMEA to Grow 3.7% in 2023
IT spending in EMEA is forecast to total $1.3 trillion in 2023, an increase of 3.7% from 2022, according to the latest forecast by Gartner, Inc. Among the most mature markets in Western Europe, Germany, France and U.K., U.K. IT spending is projected to record the highest growth in 2023, achieving a 5.2% increase year-over-year…
#10 IBM plans to train 500,000 Indians in cybersecurity over the next five years
Cybersecurity is a major investment focus and growth vertical for IBM in India the rest of the Asia-Pacific. Earlier this year, the technology giant launched its second global cybersecurity hub in India. India is home to three IBM development facilities that build software and security products exported to IBM sellers and clients globally…
