TC Roundup: Infosys completes evaluation for post of CEO; BG Srinivas, UB Pravin Rao in fray

Infosys completes evaluation for post of CEO; BG Srinivas, UB Pravin Rao in fray: Infosys has interviewed eight internal candidates and finished their evaluations as part of its search for the first nonfounder CEO, marking an important stage in the runup to the appointment of a successor to SD Shibulal. The company is awaiting the first list of potential outside candidates from executive search firm Egon Zehnder. (The Economic Times)

Ready for iHome? Apple to unveil home automation platform at WWDC, says report: Apple has already breached one major market with its CarPlay offering, and it looks like the next big play will be for home automation. (Tech2)

Cisco chief predicts 'brutal consolidation' in the technology industry: The US-based networking giant Cisco has placed a big bet on 'Internet of Everything' (IOE) to keep pace with the change in IT industry and to tap vast growth opportunities. (Business Line)

Why Silicon Valley Rules Don't Work for So Many Older Companies: We all have a lot to learn from the new generation of companies that have come out of the Silicon Valley revolution. Many of these entrepreneurial lessons have been codified in books, the new bibles for innovation — not just for entrepreneurs but also for managers looking to create new and innovative innovation businesses inside existing corporations. Companies that want to shake themselves out of their routines and generate innovation from inside take the Silicon Valley cookbook and start adding recipes from it to their own. (HBR)

IBM Corp sees huge potential for its Watson supercomputer in the Indian market: International Business Machine (IBM) Corp sees huge potential for its Watson supercomputer in the Indian market in the role of an advisor or helping businesses increase competencies, even as the company tests the scalability of the technology by using it internally. "Clearly there is desire. Now it's up to us to get from that desire and interest to meaningful use cases that have business justification," said Michelle Unger, worldwide head of sales for Watson Engagements at IBM, talking about the potential Indian market for Watson. (The Economic Times)