“When the markets reopen, all the major OEMs will rush to address the latency in demand by heavily incentivizing both offline and online channels,” said Neil Shah, Research Director, Counterpoint Research. Almost all major phone brands have suspended launch of their latest offerings including Oppo Enco M31, Vivo V19, Realme Narzo and Xiaomi Mi 10 while keeping stocks on hold.
The company has created qualification packs to define the competency standards that will provide a framework for academic institutions to design their course curriculum to better conform to industry hiring standards. These have been approved by National Skill Development Corporation (NSDC), National Skill Development Agency (NSDA), and National Skills Qualifications Committee (NSQC).
Mid-tier technology services companies, such as NIIT Tech, Sonata Software, Mindtree and Hexaware, will see revenue drop in the year ahead as large clients including airlines and travel operators suspend operations amid the virus outbreak, analysts said.
Compared to January 2020, social media downloads on iOS and Google Play during the lockdown in India in the first week starting March 22 went up 20%, exceeding over 49 million new downloads, the mobile and data analytics company said.
Financial institution, North Eastern Development Finance Corporation Ltd (NEDFi) has extended venture funding to this group.
CSC e-Governance Services India, which holds licence for providing internet services, recorded an increase in data consumption to 4.7 terabyte (TB) as on March 30 from 2.7 TB on March 10. CSC SPV CEO Dinesh Tyagi said that a major spike in data consumption has been recorded since the time lockdown started.
After all, this segment has helped global corporations stay ahead of the curve and keep critical business functions running during various crises. But with Covid-19, the technology and business process management services sector is staring at a washout in travel, hospitality and aviation businesses, though it is expecting higher workflow from healthcare, pharma and insurance segmentsfrom Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
