The government needs to first ensure its own ministries and agencies recognise the importance of tech products and services, and regard them as more than just support functions.
Latest from Eileen Yu
Some 83 percent of finance professionals in the region say their firms don't have capabilities in advanced analytics to support decision making, while half feel ill-equipped to generate meaningful analysis, reveals SAP survey.
India's largest IT services provider clocks a 9.3 percent year-on-year growth in revenue for its first quarter results, with net income climbing 6.2 percent to US$898 million.
The Indian IT services provider has opened a new 1000-seat center in Singapore to provide various services including application development to global banks operating in the Asia-Pacific region.
Apart from IT infrastructure resources consolidation and security enhancements, Asian businesses will also be spending on IT-enabled innovation, social apps, and data analytics, reveals IDC survey.
Mega IT outsourcing deals spanning multiple years are no longer a fad due to business concerns over vendor lockin and lack of transparency, but multi-sourcing models are also challenging to manage and require additional resources that companies may not have.
Some 72 percent of CIOs in Asia-Pacific feel weighed down by having to deal with more stakeholders who want their say in how IT budgets are spent, reveals a Microsoft survey.
India's largest outsourcing vendor, Tata Consultancy Services expects robust growth for the year fueled by more outsourcing activities, even as it rounds up its fourth quarter with a 51 percent climb in profits.
Despite efforts to ensure female executives aren't marginalized in the ICT industry, few today are appointed to the CXO team or company board. The solution remains elusive, especially since the problem has social and cultural implications, but ICT itself might just be the equalizer eventually.
India's second-largest outsourcing player, Infosys needs to rid of highly paid executives who are not adding value to the company as it looks to return to a growth path, says co-founder N.R Narayana Murthy.