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In 2022 Indian tech sector Witnessed Growth of its Workforce by 5M and Reach $227B in Revenue

The year 2022 is phenomenal for the software industry as it will cross $200 billion in total revenues and five million in the total workforce, said the industry body, the National Association of Software and Service Companies (Nasscom), in its report “The Strategic Review: The Technology

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Global Economic Uncertainty Causes the Indian IT sector to spend $115 billion in 2022

India is expected to spend $114.9 billion in 2022, which amounts to a growth of 7.7% over last year, stated a Gartner report. Digitization and modernization, including adopting software as a service (SaaS), will drive most of the growth in India. Though the spending will grow,

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Amid Predictions of a Dip in Growth, TCS Optimistic About this Fiscal Year

The IT sector, a $220 billion industry, will see a 12-13% growth, a slump of around 6 per cent in 2023 as compared to last financial year’s 19%, predicted rating agency Crisil. But it stated that the fall in rupee value and the growth in segments

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Saudi Arabia Adopts a Multi-cloud System for its Healthcare Service

Saudi Arabia’s Ministry of Health has adopted a multi-cloud system to modernize healthcare systems, aligning with the country’s aims and objectives enshrined under Vision 2030. Services hosted in the cloud allow public healthcare service providers to enhance their efficiency and enable healthcare professionals to innovate. The

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MENA to Ride on the Fintech Revolution, Govt Policies for Growth

The Middle East and North Africa (MENA) region is witnessing rapid growth in trade and economic activities. The World Bank too confirms this and predicts that the region will grow at 5.2% in 2022, the fastest since 2016. This is because the Covid pandemic played less

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Huge Unbanked Population to Give a Boost to Fintech in SEA

As the digital sector is booming in Southeast Asia, it has been spurred by financial technology or fintech. The segment has a long road of growth ahead as 60% of the adult population of nearly 453 million is unbanked or underserved by the banking sector  With

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  • MSME, SMB Connect
  • August 4, 2022
    Top Five Schemes Every MSME in India Should Know

    The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play a crucial role in providing large employment opportunities at comparatively lower capital costs than large industries

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    Saudi Cybersecurity Fortifications is Proving to be one of the Best after Repeated Attacks

    Saudi Arabia has learned its lessons in cybersecurity. After a series of attacks over the last five years, believed to be mainly from Iranian sources, the Emirate has upped its guard. As a result, it is now considered only the second country, after the United States,

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    In Q2 2022, 5G Shipments grew 163% YoY with Samsung in the lead: CMR

    Samsung led the 5G smartphone market in Q2 2022 Xiaomi led the smartphone market with 20% market share, followed by Samsung at 18% Itel Mobile led the 2G feature phone market with 25% market share, followed by Lava with 21% New Delhi/Gurugram, 4th August 2022:  According

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