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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
As a client, General Electric was one of the key drivers of India’s IT outsourcing boom. Can Apple do the same now for an industry struggling with growth?
Before taking over as CEO of Apple Inc. in 2011, Tim Cook’s claim to fame within the company was his overhaul of its supply chain operations. Cook arrived at the firm in 1998 with “a mandate to clean up the atrocious state of Apple's manufacturing, distribution, and supply apparatus”, Fortune magazine reported. He tightened supply, shuttered factories and focused on Chinese and Taiwanese outsourcers.
Today, the Cupertino-based company relies on an intricate network of thousands of third-party suppliers and contract manufacturers around the world, including Foxconn Technology Group and Quanta Computer Inc. Apple spends tens of billions of dollars …
Trump’s policy shift has hit the IT major’s healthcare business hard. Investors would do well to understand how that is playing out for Wipro’s overall business.
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
TCS CEO Krithivasan’s stunning disclosure lays bare a bind: AI is forcing IT services giants to give away a chunk of renegotiated contract value, even as new revenue remains lumpy and uncertain.
