
Indian firms to capture 8% of global SaaS market in next 5 years: Report
Investments in Indian SaaS reached an all-time high of around $5 billion in 2022, says Bain & Company.
Investments in Indian SaaS reached an all-time high of around $5 billion in 2022, says Bain & Company.
Indian IT firms generate around 60-65% of its revenues from the US market and 20-25% from the European market.
Birlasoft to buyback up to 78 lakh equity shares with a face value of ₹2 each at a price of ₹500 apiece, amounting to ₹390 crore.
The software services provider had won the contract for the first phase in 2008.
New report from Bain says software-as-a-service firms could capture 7%-9% of the market by 2022, and SaaS companies founded by Indians can reach upto $20 billion in revenue.
Modern software should be built using human-centric design principles to enable an inclusive, fair, and accessible world, while being robust enough to meet an organisation’s current and future needs.
Why businesses need to adopt the public cloud, and how it can be improved.
The IT and business process management industry has been on a war footing to manage the impact of the Covid-19 outbreak that has resulted in an unimaginable health, economic, and social emergency.
The amount, however, increased 26% on the back of some large infusions; Internet companies account for 55% of the investments.
Once known only for working with the big boys’ club, Microsoft is changing its game in India with small and medium businesses, and startups, and stitching interesting tie-ups along the way.