Tata Group will build a gigafactory in Britain to manufacture batteries, as nations accelerate away from fossil fuel vehicles.
The £4-billion plant in Somerset will be Tata’s first gigafactory outside India.
The UK reportedly beat competition from Spain for the project, set to create thousands of jobs.
Tata Communications has warned that companies need to sort their digital communications out or not face a good future.
The outsourcer has released its Leading in a digital-first world: enabling success with the right mindset, ecosystem and trust report with the headline findings indicating that there is a long way to go for most firms with their digital transformation journeys.
The report found that 90 percent of enterprises have not hit their digital-first goals, with some suffering a productivity drop during the pandemic because of connectivity issues. Just under half of the users quizzed also put security at the top of the list of current concerns.
Marks and Spencer said it is to head up a team of volunteers in conjunction with other companies to help local community projects on the 19th of November.
M&S will form part of a 600 strong IT team, and other companies involved in the project include Microsoft, Cognizant and SAP.
The volunteers will work on four projects: One is to help 200 Abbeyfield care home residents to use Google, Facebook and Twitter on laptops, iPads and iPhones to reconnect with their past.
Other volunteers will plant 10,000 trees in Heartwood Forest with the Woodland Trust and volunteers from the Prince’s Trust.
And 110 IT executives will become ambassadors in conjunction with educational charity STEMNET with the aim to help youngsters understand the importance of IT. The ambassadors will visit 15 schools to promote IT, with the event organised by M&S and Tata.
Reports from India suggest that the country’s IT outsourcing business is turning a corner after being in a slump for a while.
This means that the UK companies can expect to find tougher competition from Indian based software companies, outsources and contract service outfits in the near future.
Analysts predict an improvement in India’s outsourcing industry, which has been gutted for many quarters by shrinking IT budgets and a slowdown in decision making by customers in the traditional markets like US and Europe.
Research firm Offshore Insights predicts that the offshore market for outsourced services is will grow by 12 percent to 15 percent this year, as more customers are expected to increase IT spending.
India’s $100 billion IT services sector seems to be recovering thanks to the acceleration in IT spending by existing customers although there have been a few new sign ups.
This week, Nielsen Holding increased the size of its contract with India’s top software services exporter, Tata Consultancy Services Ltd, to $2.5 billion from $1 billion.
India’s $100 billion IT services sector has been in the doldrums for a while but it seems to be recovering thanks to the acceleration in IT spending by existing customers.
TCS has major clients including General Electric, British Airways and Sony and competes with rival Indian software providers Infosys and Wipro as well as multinational firms such as IBM and Accenture Plc for outsourcing deals.
The National Association of Software and Services Companies (Nasscom) also forecasts that India’s exports of software and services will be between $84 billion to $87 billion in the Indian fiscal year from April 2013 to March 2014.
One of the problems that some business watchers believe that the Indian outsourcers will have to tackle is the fact that they are dependent on a revenue model that is largely dependent on the number of people working on a project.
This worked well when IT labour was cheap. While labour is still comparatively cheap in India, it is getting more expensive meaning that outsourcers have to woo new business with promises based on owning some natty technology and replicable processes.
They will have to shift more of their operations closer to their key markets in the US and Europe.
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