Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Analysts have predicted that Mindtree would witness cloud-based growth over the new few years

Analysts have predicted that Mindtree would witness cloud-based growth over the new few years

Mindtree, a popular multinational technology company specializing in IT, has recently made an announcement that the company is expected to witness growth from new cloud deals in the next three to four years. The company is now pivoting its focus towards moving its applications from on-premise data centers to the internet. Analysts have predicted that the company is now well-poised to achieve success when compared to its peers because its cloud strategy is sleek. As a result of this, Mindtree has received better ratings from analysts.

 The company is based in Bangalore, and it has so far earned more than 20 percent of its revenue from the top clients. Mindtree is a billion-dollar company, and as of now, it has started to push for a broader range of exposure from different clients. Mindtree is now spending more than 20 to 30 percent on cloud hyperscalers like Amazon, Google Cloud, and Azure. This effort is expected to grow by 1.5 times in the coming three years with the agile assistance from its digital talent pool. IT analyst from HDFC Securities, Apurva Prasad, has stated that Mindtree stands from the rest due to its stronghold in Azure as well as its penetration with other hyperscalers.


Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...