Free Press Journal
  • IT spending in Indian banking sector to hit $9.1 bn

    Panaji: Buoyed by the transition of the banking sector into a cashless society, IT spending in the banking and securities firms in India will hit $9.1 billion — an increase of 11.7 per cent — this year, Gartner said on Monday. Several top banks in India are investing heavily into contactless payment that uses near-field communication (NFC) mechanisms, which is also propelling many investments into devices.

  • Digital transformation is topmost priority for CEOs: Report

    New Delhi : Product improvement and technology are the biggest rising priorities for CEOs in 2017 and 42 per cent of them have begun digital business transformation, market research firm Gartner said on Monday. According to the survey, growth is the top business priority for 58 per cent of CEOs, which is up from 42 per cent in 2016, reports IANS.

  • Mobile device adoption at workplace not yet mature

    Mumbai: Mobile device adoption at the workplace is not yet mature as desktops are still the most popular corporate device among people in offices, a new survey has found, says IANS. “Although 80 per cent of workers surveyed received one or more corporate-issued devices, desktops are still the most popular corporate device among businesses, with more than half of workers receiving corporate-issued desktop PCs,” the survey by market research firm Gartner revealed.

  • APAC witnessed 6.3 % drop in PC shipments in Q2

    MUMBAI : For the seventh time in a row, PC shipment took a downturn with a decline of 5.2 % in Q2 2016 compared to Q2 2015. According to preliminary results by Gartner, worldwide PC shipments stood at 64.3 million units in the Q2 of 2016.  The decline was seen in the APAC (Asia Pacific) region as well.

  • Smartphone sales to slow down globally, except India: Gartner

    New Delhi: Global smartphone sales may grow just seven per cent this year to 1.5 billion units as demand in China and North America remains flat but markets like India could be an exception, research firm Gartner said today.

  • Internet of Things growing bigger in consumers’ lives: Gartner

    Mumbai: The impact of the Internet of Things (IoT) on consumers’ lives and corporate business models is rapidly increasing and by 2020, more than half of major new business processes will incorporate some element of the IoT, world’s leading information technology research company Gartner has predicted.

  • BFSI sector to spend around Rs 50K crore on IT in 2015:Gartner

    Mumbai: Information technology spends by financial institutions is expected to increase by 9.8 per cent to around Rs 50,000 crore in 2015, according to research firm Gartner. “Indian banking and securities companies will spend Rs 499 billion (49,900 crore) on IT products and services in 2015, an increase of 9.8 per cent over 2014 spend of 455 billion rupees,” it said in a note.

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