Oracle India plans to focus on healthcare and public sector verticals to drive growth in the region. It will also strengthen its partner ecosystem and increase hiring of skilled and specialised workforce to serve the growing demand for its offerings. The company sees healthcare as a big market opportunity as the sector had been inert in introducing innovation to its system.
Nestcoin, one of the startups leading crypto and web3 efforts in Africa, announced that it was laying off several employees and slashing the salaries of those left to stay, by as much as 40%. The news is, in part, connected to the downfall of crypto exchange FTX.
US communications platform Zoom Video Communications Inc. has sought approval from the Indian government to introduce its Zoom Phone service in India as it seeks to challenge rivals Microsoft and Cisco in this market. Zoom Phone is a voice over internet protocol (VoIP) based service that allows businesses to make phone calls using the cloud-based Zoom software platform.
Changes in marketing channels and data access have made advertising measurement more important, and challenging, than ever. Taking advantage of growing interest in the topic, Bain Capital is selling Kantar Group’s audience measurement division, Kantar Media, to global investment firm H.I.G. Capital for “approximately $1 billion”. Kantar Media accounts for 4,500 of Kantar Group’s 25,000 employees.