‘Mood of the Nation is in Innovation’: DST Secretary Ashutosh Sharma

The mood of the nation is in innovation and in a recent development the centre has decided to increase research and development funding from the current 1% of GDP to 2% from this year onwards, said Department of Science and Technology (DST) Secretary Ashutosh Sharma. Speaking at the Global RnD Summit 2017, organised by Department …

Indian Employers Expect Hiring to Remain Steady in April-June but Projects at Considerably Slower Pace

According to the ManpowerGroup Employment Outlook Survey released today by ManpowerGroup, the survey of 4,389 employers across India indicates that the hiring activity is expected to remain steady. In fact, employers in only three other countries report more optimistic second-quarter hiring plans than those in India. However, India’s Net Employment Outlook has now dipped by varying margins for five …

Cyient, ANSYS Partners to Accelerate Innovation and PoC Designs across Industries

Cyient, a global provider of engineering, manufacturing, networks and operations services, and analytics solutions, announced that it has signed a Memorandum of Understanding (MOU) with ANSYS to set up a Simulation Lab at Cyient’s Experience Center in Hyderabad, India.  The lab brings together Cyient’s expertise in service design, delivery, and operational excellence with ANSYS’s market-leading engineering simulation …

Worldwide Public Cloud Services Market to Grow 18 Percent in 2017

The worldwide public cloud services market is projected to grow 18 percent in 2017 to total $246.8 billion, up from $209.2 billion in 2016, according to Gartner, Inc. The highest growth will come from cloud system infrastructure services (infrastructure as a service [IaaS]), which is projected to grow 36.8 percent in 2017 to reach $34.6 billion. Cloud application …