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Saturday, September 2, 2023
Indian IT industry is moving to new cities from 7 major hubs, claims report
India's technology industry is undergoing decentralization, with IT companies moving to 26 tier-2 and tier-3 cities across the country. This shift is driven by factors such as access to skilled talent, cost-effective operations, and robust infrastructure. The report also highlights the growth of start-ups in these emerging hubs, with funding increasingly going to companies outside urban settings. The trend is expected to continue, with the next wave of technology hubs emerging from these cities. https://ift.tt/BCK8cLr
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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)
Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...
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