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Monthly TechNews Roundup: Oracle recognized as leader in Gartner Magic Quadrant for Cloud ERP, Enterprise application software spend to grow 15 per cent YoY & more

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Clover Infotech brings to you a curated round-up of important technology updates for the month of August’22.

1. Oracle Recognized as Leader in the 2022 Gartner® Magic Quadrant™ for Cloud ERP for Service-Centric Enterprises

Oracle has been named a Leader in the 2022 Gartner® Magic Quadrant for Cloud ERP for Service-Centric Enterprises for Oracle Fusion Cloud Enterprise Resource Planning (ERP). The Magic Quadrant, which evaluated 10 providers, recognized Oracle as a Leader for its “Ability to Execute” and “Completeness of Vision”…

2. Enterprise application software spend to grow 15% YoY in 2022: Gartner report

In a moment of cheer for software-as-a-service (SaaS) and Information Technology (IT) services companies amidst margin pressures, end-user spending on enterprise application software in India is expected to reach a total of $4.7 billion in 2022, an increase of 14.8 percent from 2021, according to Gartner’s forecast…

3. India’s data centre market to grow to $8 billion by 2026: Assocham-EY

India’s data centre market is projected to grow to $8 billion by 2026, according to a new report. The report also said that the country is poised to be a global hub for data centres focused on cloud computing and riding on technologies like artificial intelligence-machine learning (AI-ML) and analytics…

4. Cybersecurity threats rose by 20% between 2020-21, IT Ministry data shows

The number of cybersecurity threats in India rose by 20% between 2020 and 2021, according to govt data, which also reveals that the practice of takedowns of content deemed harmful by authorities continues unabated. The data was furnished by the Union Ministry of Electronics and IT to the parliamentary standing committee on IT…

5. Gartner Says Worldwide RPA Software Spending to Reach $2.9 Billion in 2022

Global robotic process automation (RPA) software end-user spending is projected to reach $2.9 billion in 2022, an increase of 19.5% from 2021, according to the latest forecast from Gartner, Inc. Although growing at a slower pace than previous years, the worldwide RPA software market is projected to continue to experience double-digit growth in 2023, growing 17.5% year over year…

6. Oracle sees strong growth in cloud business in India

Oracle is also betting big on the partner ecosystem to tap into the growing opportunities in the country. Currently, it has about 3,000 active partners in the Asia Pacific region and about 500 partners in India…

7. Oracle India to expand partnerships for cloud business

At the recent Oracle India Partner Kickoff 2022, Oracle said it would work more closely with its partners and help accelerate digitisation for its 15,000 customers in the country. The company to focus on public sector, manufacturing, edtech, fintech…

8. India set for accelerated 5G infrastructure deployment: Dell Technologies

As India begins to take its first steps towards 5G with a record Rs 1.5 lakh crore spectrum auction, a top Dell Technologies India NSE -0.30 % executive said on Sunday that the company expects to witness the beginning of an accelerated 5G infrastructure deployment serving both urban and rural India sooner than expected…

9. Over 50% Indian firms raise ICT budget, cybersecurity key concern: Report

More than 50 per cent of enterprises in India have significantly increased their information and communications technology (ICT) budget this year compared to 2021, a report showed on Thursday, as cybersecurity becomes the key concern for firms in the country…

10. India sees sharp rise in cyber-attacks as internet base continues to widen

Even as India’s internet base continues to widen, with the country set to have over 900 internet users by 2025, a parallel rise in cyber threats has become a matter of huge concern…

11. Oracle announces next gen Fusion Sales

Oracle has announced the launch of the next generation of AI-powered Oracle Fusion Sales as part of Oracle Fusion Cloud Customer Experience. Fusion Sales generates automatic recommendations for the last steps to closing deals, including quotes and proposals…

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