InDepth

Wal-Mart Stores leads in IT spending in 2014: IDC

Wal-Mart Stores was the largest IT spender worldwide in 2014, said IDC. Bank of America placed second, followed by Citigroup, AT&T, and JPMorgan Chase &...

India storage market: EMC gains in Q4, IBM dips

EMC share in India external storage market increased to 31 percent in Q4 2014 from 29 percent in Q3 2014, according to a report...

Cisco India retains Ethernet switch and router market lead

Cisco is the Ethernet switch and router market leader with 65.9 percent share in Q4 2014. The Ethernet switch and router market share of...

IBM to invest $3 billion to push IoT business

IBM on Monday announced its plans to invest $3 billion over the next four years to set up a new Internet of Things (IoT) unit. Pat...

Best Buy to invest $160 mn to better customer experience in Canada

Best Buy Co. is planning capital spending of C$200 million or nearly $160 million over the next 12 to 24 months to build a...

Oracle inks deals with Dombivli Nagari Sahakari Bank and Debub Global Bank

Business software vendor Oracle today announced FLEXCUBE Universal Banking deals with Dombivli Nagari Sahakari Bank in India and Debub Global Bank in Africa. Dombivli Nagari...

Oil CIOs confirm that there will be IT spending cut this year

Several oil companies are going to cut their IT spending this year – primarily due to the drop in oil prices globally, said IDC. Oil...

Dell hires Lenovo and Cisco executives to strengthen enterprise biz

Dell has appointed Lenovo and AMD veteran Rory P Read as chief operating officer and president of Worldwide Commercial Sales and Cisco executive Paul...