70% of tech CEOs expect healthy industry in 2022: Nasscom
The Hindu
BFSI, manufacturing, healthcare and retail, and e-com seen as growth drivers
Bengaluru
About 70% of CEOs who took part in a Nasscomm survey said they expected the industry to grow at a healthier pace in 2022. The apex body for the tech industry had interviewed 130 C-suite tech leaders on a range of topics including industry outlook, global technology spend, tech priorities, talent landscape, key growth areas and HR strategy.
While 75% CEOs projected a 10% uptick in an average deal pipeline, 57% of them expected R&D spend to increase more than 10% in the year compared with the previous year, and 90% were keen to hire similar numbers or more than what they hired in 2021, Nasscom said.
BFSI, manufacturing, healthcare and retail, and e-commerce would drive growth in 2022 and digital talent would constitute up to 50% of new hirings, the study found.
Cloud, big data, artificial intelligence, machine learning and natural language processing would be the priority tech areas for the industry, the survey revealed.
Veteran communist and former Minister G. Sudhakaran has bagged the Bharathan Smaraka Sarga Prathibha Award instituted by the World Dramatic Study Centre and Film Institute (WDSCFI), Alappuzha
Chief Minister Siddaramaiah to present 16th budget, assures no cuts in funding for guarantees, focuses on agriculture development.
Telangana Veterinary Department monitors bird flu, urges public to report bird deaths, checks poultry vehicles at borders.
Tamil Nadu CM M.K. Stalin unveils temple projects worth ₹121 crore, inaugurates 15 projects virtually, opens new SROs.
Dharmendra Pradhan has insulted the people of Tamil Nadu with his “arrogant” statement that the Centre would not release [Samagra Shiksha] funds to the State until the government accepted the three-language policy: Manickam Tagore
Mayawati raises concerns over alleged foreign interference in Indian elections, questioning $21 million sent by U.S. agency.
Upa-Lokayukta of Andhra Pradesh takes action against fruit merchants for artificial ripening, instructing officials to enforce regulations.
Harshit Rana shows promise as a potential replacement for Bumrah in India's squad, with pace, bounce, and variations.
Proceedings of the monthly Council meeting of the Thanjavur Corporation on Monday witnessed the councillors, cutting across party lines, criticising the civic administration over the conversion of a convention hall as a ‘cinema house’ by the lessee
Political dispute over Namma Metro fare hikes in Karnataka, with accusations of misleading by Union Government.
Delhi court directs DCP to inform IOs of 2020 riots cases to be present during arguments on charges.
Sam Pitroda believes India should not view China as an enemy, but Congress leader Jairam Ramesh disagrees.
Sai Abhyankkar, the rising star in Tamil music, is making waves with indie hits and impressive collaborations.