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breaking news | india news, latest news hindi, rahul gandhi, congress, 13 October |#dblive
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breaking news | india news, latest news hindi, rahul gandhi, congress, 13 October |#dbliveBy DB Live| 22 views
Tech revolution leads to job change
We can’t deny the fact that, every tech revolution leads to #jobchange. This is because #technologychanges the way we work and the skills that are needed to do our jobs. Unlike, the Industrial Revolution led to the rise of new jobs in manufacturing and transportation, while the Information Revolution led to the rise of new #jobsinIT and software development.
The Fourth Industrial Revolution, which is underway, is expected to lead to even more job changes. This is because the Fourth Industrial Revolution is characterized by the rise of new technologies such as artificial intelligence, robotics, and big data. These technologies are already having a major impact on the workforce, and they are expected to have an even greater impact in the years to come.
Today's Headline in NewsHours
0:00 Intro
2:38 Cabinet approves ₹89,047 crore revival package for state-run BSNL
3:10 #HCLTech launches advanced testing facility for 5G infrastructure in Chennai
3:42 #Meta Verified service in India to cost ₹699 for Facebook and Instagram users
4:10 #Instagram may introduce own AI chatbot in near future
4:40 Wipro along with Cisco brings Managed Private 5G-as-a-Service Solution
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#varindia #technews #newshour #news #techrevolution #JobChange #TechnologyChanges#digitaltransformation #Innovation #ModernWorkforce #futureofwork #FutureReady #CareerGrowth #TechnologyTrends #IndustryDisruption #Automation #SkillsUpgrade #Adaptability #DigitalSkills #TechIndustryBy VARINDIA| 22 views
“WORK” can be demystified...
The pandemic may have made some tech companies surprisingly rich, but the environment in which they're trying to make money now is simply ... harder. It's clear that there are headwinds for the industry after a period of unsustainable growth coming out of the pandemic, iOS privacy changes, growing competition and macro headwinds.
As a result, the top four firms - #TataConsultancyServices, Infosys, HCL Tech & Wipro- added only 28,836 employees in the second quarter ending September, a massive 45 percent drop from the 52,842 added in the previous quarter.
These are not encouraging news for the $227 billion-strong Indian IT industry. But it is on an expected line. When the world is fighting during high inflations and Russia-Ukraine induced economic uncertainty, IT spending is likely to come down in the near future.
The Big Tech companies represented by FAANGM (Facebook, Apple, #Amazon, Netflix, Google and Microsoft) have crashed in 2022, passing through unprecedented times, with the value of this group falling 36% to date which is about double the rate of the rest of the US stock market (S&P500).
These unprecedented times impact the Tech companies Globally. General thesis is cloud adoption slowing, data center has become cost center, disruption from outside Silicon Valley, and secular growth days are over.
Tech companies that enjoyed strong growth in the early days of the pandemic are feeling the effects of a new reality of high inflation, rising interest rates, currency headwinds, and other issues on their income statements. The slowdown in personal computer sales and digital advertising seen earlier this year appears to be spreading to areas such as cloud computing that were thought to be resistant to economic weakness.
The overall macroeconomic climate has necessitated that the global tech giants take a more cautious, measured, and strategic approach with their investments going into 2023.
<By VARINDIA| 19 views
Is the world going to face another recession in the year 2023?
The global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic Prospects report. Global growth is expected to decelerate markedly from 5.5 percent in 2021 to 4.1 percent in 2022 and 3.2 percent in 2023 as pent-up demand dissipates and as fiscal and monetary support is unwound across the world. The rapid spread of the Omicron variant indicates that the pandemic will likely continue to disrupt economic activity in the near term. In addition, a notable deceleration in major economies—including the United States and China—will weigh on external demand in emerging and developing economies. The world economy is simultaneously facing COVID-19, inflation, and policy uncertainty, with government spending and monetary policies in uncharted territory. Rising inequality and security challenges are particularly harmful for developing countries,” said World Bank Group President David Malpass. “Putting more countries on a favourable growth path requires concerted international action and a comprehensive set of national policy responses.
As per the World Bank report, the slowdown will coincide with a widening divergence in growth rates between advanced economies and emerging and developing economies. Growth in advanced economies is expected to decline from 5 percent in 2021 to 3.8 percent in 2022 and 2.3 percent in 2023—a pace that, while moderating, will be sufficient to restore output and investment to their pre-pandemic trend in these economies. While Deutsche Bank is the first major bank to forecast an imminent economic downturn, investors, both retail and professional, share the group’s gloomy outlook. According to a Bloomberg Markets Live survey conducted between March 29 and April 1, 48 percent of investors expect the US to fall into recession in 2023. AnotherBy VARINDIA| 21 views
DIGITAL THE NEXT REVOLUTION
DIGITAL THE NEXT REVOLUTION
DIGITAL THE NEXT REVOLUTIONBy VARINDIA| 27 views
HCL Tech Q3: Profit rises 16% YoY to Rs 3,037 cr
HCL Technologies on Friday reported 16.31 per cent year-on-year (YoY) rise in consolidated profit at Rs 3,037 crore for the quarter ended December 31. It had posted a net of Rs 2,611 crore in the corresponding quarter last year. Analysts in an ET NOW poll had projected the number at Rs 2,757.90 crore.Revenue increased 15.5 per cent to Rs 18,135 crore during the quarter under review.
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Watch HCL Tech Q3: Profit rises 16% YoY to Rs 3,037 cr With HD QualityBy The Economic Times| 154 views
Sensex rises 150 pts, Nifty tests 10,700; Axis Bank, HCL Tech rally | Jan 30, 2019
The domestic equity benchmark BSE Sensex was trading 173.41 points up at 35,765.91 on account of buying in frontline bluechip counters. The Nifty 50 index was trading 42.55 points up at 10,694.75.
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Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023
Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023
Check here the top performers of the second week of ODI World Cup 2023. Here are the top players who have given their best to ensure their teams win the World Cup
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Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023By CricTracker| 239 views
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Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
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Petrol ki chori k Dauraan Pakde Jane par Ganjeti Ka hamla || Nawab sahab kunta || SACHNEWSBy Sach News| 30 views
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Watch IRCTC 11 With HD QualityBy CRPF India| 1123452 views
The man behind the ICT's jerseys for Asian Games 2023
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The man behind the ICT's jerseys for Asian Games 2023By CricTracker| 93 views
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