Startups & VC

2022-05-03 14:02:05 U.S. Dominates Indian IT Outsourcing

For decades, India has been the world’s favorite destination for outsourcing

According to Deloitte, establishing shared services with India was still the first choice for industries ranging from consumer products and financial services to energy, telcos, media and entertainment.

The United States accounts for the lion's share of India’s IT outsourcing revenue - a whopping 62 percent - followed by the United Kingdom with 17 percent

The rest of Europe only takes up a meager slice of 11 percent, while customers from the region of Asia were even scarcer. Открыть/Комментировать

2022-05-02 21:02:01 Where Crypto Fans Cashed Out in 2021

Despite strongly fluctuating exchange rates and the ongoing discussion about the sustainability of the large blockchains behind Bitcoin and Ethereum, 2021 was a successful year for crypto investors

U.S.-based crypto holders alone were able to generate $47 billion from trading Bitcoin and Co. last year.

As our chart based on an estimate by Chainalysis shows, the world's largest economies are also among those whose residents have benefited the most from the crypto boom Открыть/Комментировать

2022-05-02 14:02:02 Server Products Soften Slight Drop in Microsoft's Revenues

Microsoft closed out its second fiscal quarter of 2022 as the company's most successful one since the start of the pandemic.

The tech giant managed to surpass previous revenue guidance again between January and March of 2022, largely owed to an increase in demand for server products and connected cloud services.

Overall, the tech giant generated $49.3 billion in revenue and a net income of $16.7 billion over the past three months

This chart shows Microsoft's quarterly revenue by selected segments Открыть/Комментировать

2022-05-01 21:02:02 Homes Are Only Getting Smarter

Data from the Statista Technology Market Outlook estimates that over 130 million households are home to at least one smart speaker.

This figure is expected to rise to as many as 335 million in the next 5 years..

Global spending on Internet of Things products is forecast to reach $1.1 trillion next year

As Statista analysts report, this is one area which has come out of the pandemic pretty much unscathed Открыть/Комментировать

2022-05-01 14:02:02 IT Outsourcing Picks up Pace in the Covid Age

After several years of sluggish growth, the IT outsourcing industry has received another push by the Covid-19 pandemic

As the coronavirus changed the lives of people around the world, it also drove home the need for digitization to industry leaders far and wide

According to the Statista Technology Market Outlook, the global IT outsourcing industry grew by almost 13 percent between 2020 and 2021 after several years of single-digit growth and even a small dip in 2020 itself. Открыть/Комментировать

2022-04-30 21:02:03 Chicken Sandwiches Are Big Business

This week the fast food company disclosed that it had sold more than $16.7 billion worth of food across its restaurants in 2021, up more than 20% on last year's haul of $13.7 billion

The very top of the fast food food chain, behind only the golden arches and Starbucks in terms of US sales. Открыть/Комментировать

2022-04-30 14:02:02 Enterprise Software: A Billion-Dollar Business

Enterprise software generates billions of dollars in revenue worldwide

As this infographic based on data from the Statista Technology Market Outlook shows, most of the revenue is generated by customer relationship management software

This software makes it possible to record and store customer data and make it available to other areas of the company. Открыть/Комментировать

2022-04-29 21:02:01 Despite Growing Crypto-Corn Numbers, Sector Not Immune To Macro Trends

According to Crunchbase data, the first quarter saw VC-backed companies in the crypto space raise about $5.1 billion — less than the $6.6 billion that cascaded into the sector in Q4 of last year, and also less than the $6.3 billion seen in the first quarter of 2021

Venture funding globally was down in the first quarter, as fears of interest rate hikes, inflation and geopolitical tensions heated up. Открыть/Комментировать

2022-04-29 14:02:02 Supergiant Seed Rounds Are Still On The Rise

Using Crunchbase data, we analyzed the rise of so-called supergiant seed rounds — investments of $10 million and up — over the past eight years.

These rounds are clearly on the rise in the U.S., with 2022 trending higher even amid a pullback in overall venture investment Открыть/Комментировать

2022-04-29 02:00:08 The first NFTs integrated into Telegram!

The Animals Red List NFT project is getting ready to launch on the TON blockchain with minting to take place on April 28.

The NFT Collection features 13,333 endangered animal species, and a portion of the funds from the donations will go to support endangered animals.

Gorgeous, Noble, and Extravagant.

— In case you haven't realized, these NFTs are going to skyrocket in value in a couple of days.

Take part in the project and support the animals — Animals Red List Открыть/Комментировать