Computer security industry grows 18.6 percentJune 22nd, 2009 NEW DELHI - While most business sectors were affected by the slowdown last year, the anti-virus and computer security industry grew 18.6 percent totalling $13.5 billion in revenues, IT market researcher and consultancy Gartner said Monday. According to a report by Gartner, there is an increasing demand for appliance-based products, particularly within certain segments such as e-mail security and secure web gateway markets.
SYSTIME strengthens executive leadership teamMarch 12th, 2009 MUMBAI - SYSTIME, a CMS Group Company and the largest Oracle JD Edwards Practices globally, has recently announced the appointment of Indu as Chief Operating Officer (COO). In this position of COO Indu will be responsible for the following functions: Global Delivery and Resource Management, Global HR and Recruitment, Global IT, Global Quality, Training and Workplace Management Group (Administration).
ExlService Holdings 2Q profit tumbles from year-ago period, meets estimatesAugust 6th, 2009 ExlService Holdings 2Q profit falls, shares slipNEW YORK — Outsourcing company ExlService Holdings Inc. said Thursday its second-quarter profit dropped more than 50 percent, as revenue fell almost 10 percent, but its results met Wall Street estimates.
Wipro bags outsourcing contract from Unitech WirelessMay 6th, 2009 BANGALORE - Wipro Technologies has bagged an outsourcing contract for an undisclosed amount from telecom company Unitech Wireless, the IT firm said Wednesday. Unitech Wireless, which received licence last year to operate in 22 telecom circles in the country, is yet to launch its services.
Software security market growth dips in Asia Pacific: GartnerAugust 13th, 2009 NEW DELHI - The growth of the information technology (IT) security market in Asia Pacific dipped to 28.3 percent in 2008 from 36 percent a year before, a leading global IT industry researcher said in a report released Thursday. "This growth is remarkable considering in the fourth quarter of 2008, global economies began to feel the impact of the credit crunch and the global economic downturn, said IT sector tracker Gartner.
Idea inks Rs.145-crore deal with FirstsourceJune 23rd, 2009 MUMBAI - Telecom major Idea Cellular Tuesday signed a Rs.145-crore agreement with Firstsource Solutions, a business process outsourcing (BPO) service provider. As part of the agreement, Firstsource will provide for five years a suite of customer management interaction services, including customer service, billing, new product information and plan details to Idea from its centre in Coimbatore, the companies said in a statement.
James Joyce's classic 'Ulysses' is on Twitter nowJune 16th, 2009 On Bloomsday, 'Ulysses' meets Twitter
NEW YORK — Forget about Ashton Kutcher. James Joyce's "Ulysses," one of the most difficult novels in English, is on Twitter.
Microsoft India launches 'Online Services'July 20th, 2009 NEW DELHI - Businesses of all sizes, especially small and medium sized businesses (SMBs) can now save upto 50 percent of their IT-related costs with the launch of Microsoft Online Services. Microsoft India has also announced a free trial period of two-months for the range of services, which include e-mail, collaboration, conferencing and productivity capabilities.
Birlasoft among 10 best outsourcing service providers in Australia, New ZealandJune 25th, 2009 NOIDA - Birlasoft has been named among the top 10 best outsourcing service providers in Australia and New Zealand region, by the International Association of Outsourcing Professionals (IAOP), in their list 2009 Global Outsourcing 100. Birlasoft has been chosen by an independent panel of industry-recognized experts from business and academic institutions.
25 Crore Funding for Indian Startups from IDGMarch 16th, 2009 BANGALORE - In a bid to provide access to entrepreneurial, technology and financial resources in one place to accelerate the success of high-potential technology startups, IDG Ventures India and Microsoft India today announced an 'Early Stage Funding Program'. This partnership will offer dual benefit to the startups registering for Microsoft BizSpark wherein they will get a funding of up to 25 crore rupees by IDG Ventures and access to Microsoft suite including the latest tools and technologies at no cost.
Proteans expands in Northern EuropeSeptember 2nd, 2009 BANGALORE - In the tough economic conditions during the past few months, most IT/software outsourcing companies have shown flat or negative growth in their revenues. Companies have been looking at opportunities in new geographies and industries to get growth.
Globecomm Systems receives $3.7 million gov't contract for internet delivery, related servicesSeptember 17th, 2009 Globecomm Systems gets $3.7 million gov't contractHAUPPAUGE, N.Y. — Satellite-based telecommunications company Globecomm Systems Inc.
Revenues of Indian software industry to top $60 billion: NasscomFebruary 3rd, 2009 NEW DELHI - The Indian software and services industry is expected to grow 16 percent this fiscal and log revenues of $60 billion despite the global slowdown, a top lobby for the industry said Wednesday. The National Association of Software and Service Companies (Nasscom) said together with the business process outsourcing (BPO) sector, the revenues are expected to top $71.7 billion with a growth of 17 percent.
India's IT, outsourcing revenues seen at $63 bn this fiscalJuly 29th, 2009 NEW DELHI - India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the domestic market, a leading industry group said Wednesday. The National Association of Software and Service Companies (Nasscom) has forecast in its latest study that the software and outsourcing industry will log an export growth of 4-7 percent this fiscal to log $48-50 billion in revenues.
Rs 6-billion bank funds for Satyam working capitalFebruary 4th, 2009 HYDERABAD - The cash-strapped Satyam Computer Services would borrow Rs.6 billion (Rs.600 crore/$130 million) from banks to meet its working capital requirements, the company confirmed Thursday after a two-day board meeting here. 'This funding, along with healthy collections, is expected to help the company tide over its financial challenges,' the IT bellwether said in a statement, but did not name the banks which had sanctioned the funds.