India s information technology spending is expected to reach $88.8 billion in 2021, an increase of 6.8 per cent from last year, according research firm Gartner. In 2020, India IT spending fell 2.7 per cent as chief information officers prioritized spending on technology and services that were deemed “mission-critical” during the initial stages of the pandemic. Gartner further forecast worldwide IT spending would be $3.9 trillion in 2021, an increase of 6.2 per cent from 2020, largely due to the increased speed of digital transformation last year to satisfy remote working, education and new social norms. “In 2021, CIOs have to fast track their digital projects to get the necessary attention and funding from the board,” said Naveen Mishra, senior research director at Gartner. “Digital initiatives directly related with improving customer engagement and supported with a shorter ROI (return on investment) window will be prioritised in the current economic environment. Imp
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MUMBAI: Infosys Ltd chief executive officer Salil Parekh began his third year at the helm of Infosys with the fastest December quarter sequential sales growth for the company seen in eight years, reflecting the rosy business environment that the IT industry has found itself in because of Covid-19.
Parekh took over as the CEO of Infosys in January 2018 after the tumultuous exit of former CEO Vishal Sikka and the re-entry of Nandan Nilekani as non-executive chairman of the company.
The company reported a 5.5 per cent sequential, and 12.3 per cent year-on-year, growth in consolidated revenues in the December quarter, which beat analysts’ expectations. The growth was led by strong deal wins for the company and higher utilisation of employees during the quarter.
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Informationweek
Are No Code and Low Code Answers to the Dev Talent Gap?
An expected escalation of low-code app development might mean more IT duties could be shifted to citizen developers.
Enterprises might be able to solve some of their development needs by turning to citizen developers who lack the deep training of professional developers but can work with low-code or no-code platforms. With organizations eager to transform and accelerate development, it might not be practical to wait for new developers to be trained in the latest coding skills to fill the multitude of openings in the market. Experts from Creatio, HackerEarth, and Mendix say there can be ways to give employees and hires from the business side of an organization certain development duties even if their technical expertise is limited.