With enhanced technological advances and constantly depleting natural resources, there is an increasing need for companies to factor in alternative energy resources while not just devising new industry solutions, but also in planning organization’s sustainable future. Enterprises are now seeing the need to reduce carbon footprint and cut down energy costs to improve productivity and efficiency, but beyond that, it is essential for them to explore the opportunities in implementing renewable energy solutions.
As CIOs reel under pressure to cut operational costs and scale up the IT infrastructure to meet the growing business needs, there is a heightened focus on taming the energy-hungry datacenters
Datacenters are at the center of businesses today as every organization depends on the information stored and processed through a datacenter.
After TCS and Mindtree set the alarm bells ringing with their cautionary outlook, exporters in the $130-billion sector are bracing for currency volatility, as global currencies have depreciated sharply against the dollar in the recent past.
If the big idea of Budget 2014, announced on 10 July, was clearly start-ups, the Bharatiya Janata Party-led National Democratic Alliance government took it a step further by announcing on Saturday an allocation of Rs.1,000 crore to enable information technology (IT) start-ups, create additional funding avenues for small companies to raise money and, in turn, generate more employment.
Sanchit Vir Gogia, Chief Analyst, Greyhound Research says that announcements made in Budget 2014 have remained mere aspirations with lack of clarity on policies with regard to Digital India, uncertainty over the Rs 10,000 crore start-up fund for MSMEs, as well as the inadequately funded 100 Smart Cities project. He elaborates on the big opportunity in cloud that India has if it gets regulations and tax sops right for providers, but warns that unless there is concrete action, frustration among entrepreneurs and corporates will only rise.