IT services

ServiceNow nears up to US7 billion deal for cybersecurity startup Armis

A deal may be announced in the coming days, according to the sources

TCS is retraining and redeploying staff as it enters new markets, invests in new technology and deploys AI, but about 12,200 jobs will be cut as part of the process.

Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs

[BENGALURU] India’s largest IT services provider Tata Consultancy Services (TCS) will reduce its workforce by 2 per cent in its 2026 financial year, primarily affecting middle and senior management, t...

nfosys, India’s No 2 IT services company, registered a 2.3 per cent increase in revenue in its banking, financial services and insurance (BFSI) unit in constant currency terms in the second quarter.

India’s Infosys, Wipro top Q2 revenue estimates as spending revives

INDIAN software services providers Infosys and Wipro topped quarterly revenue estimates as their mainstay financial industry clients boosted spending.

Accenture reported fourth-quarter revenue of US$16.41 billion, compared with analysts expectations of US$16.38 billion.

Accenture unveils US$4 billion share buyback as AI powers strong quarterly revenue

IT SERVICES major Accenture unveiled a US$4 billion share buyback on Thursday (Sep 26) and beat quarterly earnings expectations thanks to strong demand for its services that help businesses adopt gene...

Quarterly reports from Infosys and other IT firms showed a nascent recovery in BFSI client demand after six quarters of depressed spending since the Silicon Valley Bank collapse.

Global banks’ tech revival sparks hope for US$254 billion Indian IT sector

Renewed investments are aimed at boosting regulatory compliance, customer experience and cybersecurity, among other areas

CrowdStrike’s faulty update to its security software crashed computers powered by Microsoft’s Windows operating system, disrupting Internet services across the globe and affecting a broad swathe of industries including airlines, banking and healthcare.

Fortune 500 firms to see US$5.4 billion in CrowdStrike losses, says insurer Parametrix

US FORTUNE 500 companies, excluding Microsoft, will face US$5.4 billion in financial losses from the recent CrowdStrike outage, insurer Parametrix said on Wednesday (Jul 24).

Minister for Digital Development and Information Josephine Teo says: "We need to do as much as we can even before incidents happen so that we can recover and prevail over the disruptions.”

Putting in place safeguards, crisis plans for tech outages starts in peacetime: Josephine Teo

Preparations for crises such as the recent global tech outage often start in peacetime, when things are going reasonably well, said Minister for Digital Development and Information Josephine Teo.

Passenger crowds had swelled at airports on Friday as dozens of flights were cancelled after an update to a programme operating on Microsoft Windows crashed systems worldwide.

Flights resume after global IT crash wreaks havoc

Planes were gradually taking off again on Saturday (Jul 20) after global airlines, banks and media were thrown into turmoil by one of the biggest IT crashes in recent years, caused by an update to an ...

Travellers hoping to file insurance claims related to the outage should keep all their receipts or bills to show proof of purchase.

What travellers need to know about the global tech outage

WHILE commercial air service was slowly recovering on Friday (Jul 19) after a technology outage caused thousands of flights worldwide to be cancelled or delayed, the ripple effect from the disruption ...

In a Facebook update on the morning of Jul 20, operator Changi Airport Group said a “small number” of airlines still need check-ins to be done manually.

Check-ins for most airlines hit by global IT outage at Changi Airport back to normal

Check-in operations for most airlines at Changi Airport that were hit by a global technology outage on Jul 19 have returned to normal, though snaking queues were still seen at AirAsia’s counters.