 | IBM buys data observability software Databand.aiDataband.ai, which is headquartered in Tel Aviv, Israel, is IBM’s fifth acquisition in 2022. It has acquired more than 25 companies since April 2020. |
 | IBM announces Innovation Centre in Kochi; to create 2,000 jobsAs a part of the initiative, officials from IBM visited and held discussions with the Industries Minister P Rajeeve and Higher Education Minister R Bindu in Thiruvananthapuram. |
 | Organisations and the pain of transformationsFor many grown-up companies, ‘creative destruction’ is essential to survive and prosper in the long term. The transformations of The Gap, Netflix, etc,. are worth reading. |
 | IBM Chairman Arvind Krishna elected to Board of Directors of Federal Reserve Bank of New YorkThe New York Fed said in a statement that Krishna will fill the vacancy in the office for the remaining portion of a three-year term ending December 31, 2023 |
 | Labour Ministry to hold 'discussion' with Infy, IT union over non-compete clauseNascent Information Technology Employees Senate (NITES) had earlier filed a complaint with the labour ministry against Infosys seeking the removal of the non-compete clause from the offer letter. |
 | Indian Oil Corporation sets up shared service centre with IBM ConsultingThe centre will be staffed by employees from both IOC and IBM Consulting's business process operations and is equipped to process over 1.5 million invoices annually. |
 | India important market; drives significant value for global customers: KyndrylIBM had announced the spin-off of its managed infrastructure services business in 2020, Kyndryl is now an independently listed company with revenues of USD 19 billion. |
 | TCS, Infosys among world’s most valuable brandsAccenture has retained the most valuable brand title for the fourth consecutive year with its brand value increasing by 39% over the past year to $36.2 billion. |
 | Drain or gain? The debate on successful NRIsCity-based entrepreneurs debate the ‘brain drain’ theory trending on social media after the takeover of Indian origin Parag Agrawal as the CEO of Twitter |
 | Kyndryl and Google Cloud partner to accelerate digital business transformationAccording to Gartner, 69% of company boards of directors have urged their firms to kick digital transformation efforts into high gear. |
| IBM's infrastructure services spinoff Kyndryl sees India as its key marketKyndryl is supporting complex infrastructure in areas like banking, telecom, and supply chain that are key to providing citizen services across the country. |
| IBM sets up special consulting facility for business operations in HyderabadThe new facility will be focused on BPOs across several domains such as finance & accounts, procurement & supply chain, human resources & recruiting, and industry-specific processes. |
 | IBM sets up new facility in Hyderabad offering consulting services in Business Process OperationsThe facility also serves an additional function of enabling resiliency for IBM Consulting by acting as a backup site for Business Process Operations centres in Chennai and Bengaluru |
 | Opportunities galore in India for investors and industry stakeholders: Sitharaman to CEOs of US giantsSitharaman and US Treasury Secretary Janet Yellen also co-chaired the eighth ministerial meeting of the India-USA Economic and Financial Partnership Dialogue in Washington. |
 | Digital adoption rising but privacy, security remain top concern among Indian users: IBM surveyAccording to a survey report of IT company IBM, respondents over 35 saw the largest increase in digital interactions during the pandemic, though all age groups saw at least some increases. |
 | Miffed at IMD, Kerala government eyes global agencies for better forecastBureaucrats said the state government’s key weather-related decisions including the opening of dam shutters, evacuation of people, etc are guided based on the forecast of IMD among other things. |
