Wednesday February 21, 2018
Home Business Odisha touche...

Odisha touches new high in software exports

0
//
87
www.dhakatribune.com
Republish
Reprint

NewsGram Staff Writer
Bhubaneswar: Registering a staggering 11 per cent growth against the last corresponding fiscal software exports, Odisha recorded Rs2,564 crore in 2014-15 fiscal, declared the government on Thursday.
“The export turnover of software units registered under Software Technology Parks of India (STPI), Bhubaneswar touched Rs. 2,564 crore in 2014-15 with 11 per cent growth,” said a release from the Electronics and Information Technology Department.
It said the growth of such exports from Odisha was higher than the national rate since 2006.
While software exports were worth Rs 2,317 crore in 2013-14, IT units in the state exported items worth Rs 1,945 crore in 2012-13 and Rs 1,610 crore in 2011-12, said the release.
The state government hoped that software exports would further increase in the next 2-3 years.
The US, which accounts for 68 per cent of total exports, has remained the top destination for IT exports from Odisha, followed by other countries like Britain, Germany, Australia, China, Canada, Spain, Brazil, South Africa, Singapore, UAE and Japan.
According to the release, 45 units contributed to the IT exports from the state during the year 2014-15. Of the 45 units, 44 are in Bhubaneswar and one is in Rourkela.
Large companies contributed 87 percent of the total IT exports, worth Rs 2,232 crore.
(With inputs from IANS)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Enterprises now deploying AI technologies: Infosys

More than 1,000 business and IT leaders with decision-making power over AI solutions

0
//
21
picture from- www.dqindia.com
  • Enterprises are deploying AI more broadly
  • This is bringing in a positive change in their working
  • Companies are investing huge amount in AI technology

Enterprises are moving beyond the experimentation phase with Artificial Intelligence (AI) and are now deploying AI technologies more broadly, said an Infosys survey on Tuesday.

There is a fundamental shift in how enterprises operate as AI takes hold, according to the “Leadership in the Age of AI” survey.

Also Read : Artificial intelligence to amplify digital transformation: Vishal Sikka

India to deploy more AI technology, revealed Infosys survey.
India to deploy more AI technology, revealed Infosys survey.

“AI, as the research shows, is becoming core to business strategy, and is compelling business leaders to alter the way they hire, train and inspire teams, and the way they compete and foster innovation. Industry disruption from AI is no longer imminent, it is here,” Mohit Joshi, President, Infosys, said in a statement.

“The organisations that embrace AI with a clearly-defined strategy and use AI to amplify their workforce rather than replace it, will take the lead, and those that don’t will fall behind or find themselves irrelevant,” Joshi added.

Seventy three per cent respondents strongly agreed that their AI deployments have already transformed the way they do business, and 90 per cent C-level executives reported measurable benefits from AI within their organisation.

Use of AI is transforming businesses.
Use of AI is transforming businesses.

Also Read : Humanity’s days are numbered, Artificial Intelligence will cause mass extinction, warns Stephen Hawking 

Organisations are taking steps to prepare employees and business leaders for the future of work, with 53 per cent respondents indicating that their organisation has increased training in the job functions most affected by AI deployments.

More than 1,000 business and IT leaders with decision-making power over AI solutions or purchases at big organisations across seven countries were included in the survey. IANS

Next Story