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Indian handset market clocks record shipment of 350 million in 2017: ASSOCHAM–KPMG

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The Indian handset market has recorded over 350 million shipments in the year 2017 as compared to 280 million in 2016, a surge in revenue from Rs.1,11,000 crore in 2015 to Rs.1,35,000 crore in 2016, according to an ASSOCHAM–KPMG joint study.  Smartphones have also gained immense popularity in India in the last four years and constituted 43 per cent of the total handset shipments in 2016. Robust growths of the handset market coupled with enhanced connectivity of telecom services have been pivotal in the growth of various industries such as retail, manufacturing, IT, e-commerce, etc, noted the ASSOCHAM–KPMG study titled “Accelerating growth and ease-of-doing businesses”.  Indian handset exports flourished during 2008 to 2012 going up to Rs.12,000 crore, but were interrupted by a decline of almost 30 per cent in the two subsequent years. Accompanied by a parallel fall in handset manufacturing, downfall of handset manufacturing industry became a major area of concern f...

Cognizant tops Client Satisfaction Rankings

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Cognizant(NYSE)  has announced that it has topped the client satisfaction and relationship rankings in  KPMG’s Outsourcing 2012  study of service provider performance across Europe. In addition, the company secured top scores on several key performance indicators such as innovation, knowledge transition and governance. The independent study evaluated 22 European IT service providers based on an assessment of more than 2,900 client-provider relationships. As part of the study, CFOs, CIOs or their direct reports at some 1,100 of the top IT spending organizations in Western Europe were interviewed. “Our top client satisfaction ranking across Europe in the KPMG study is a testament to our client-first culture that is at the heart of our differentiated business model and unique value proposition,” said  Rajeev Mehta, Group Chief Executive, Industries and Markets, Cognizant. .... See More

KPMG sets up India Technology Center in Bangalore

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE KPMG India has launched its Technology Center in Bangalore. Located at World Trade Center (WTC) in Bangalore, this center houses technologically advanced teams specializing in enterprise applications, business intelligence and analytics, as well as network design, architecture, data management, and application development. Michael J Andrew, Global Chairman, KPMG said, "We have always believed in providing additional value to our clients. This brand new India Technology Center is a testimony of the same. Our decision to locate the center in Bangalore is complimented by the wealth of relevant talent and strong educational facilities which will be the key in growing this center." Russell Parera, CEO, KPMG India said, "We have created the Center for the benefit of our local and international clients who can experience our capabilities in delivering advanced technology solutions. The information technologists working at this Center...