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.
Why don't we see too many mobile phone virus?May 22nd, 2009 WASHINGTON - A major reason why mobile phones have been relatively free of virus attacks is that the market is widely split, unlike in computer software, where one firm controls a large chunk of the market, scientists point out. If you own a computer, you are likely to be familiar with a nasty virus attack at some point.
Nasscom pegs revenues of Indian software industry at $60 bnFebruary 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 in its report that together with the business process outsourcing (BPO) sector, the revenues are expected to top $71.7 billion with a growth of 17 percent.
3G mobile subscriber base to reach 90 mn by 2013: ReportJanuary 18th, 2009 NEW DELHI - Third generation (3G) mobile subscribers in India will reach 90 million by 2013, forming 12 percent of the overall wireless base, an industry report released Monday said. A new report by industry association Federation of Indian Chambers of Commerce and Industry (Ficci) and telecom consulting firm BDA, said, '3G service revenues will reach $15.8 billion by 2013, accounting for 46 percent of the total wireless service revenue'.
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.
Software piracy costs industry $50 bn, says studyMay 13th, 2009 SAN FRANCISCO - Software piracy cost companies more than $50 billion last year, according to a study by the Business Software Alliance, an industry trade group. The report released Tuesday said that worldwide losses totaled $53 billion, an 11-percent increase over the previous years.
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.
Obama turns to 'cyber czar' to protect computer security in many areas, including defenseMay 29th, 2009 Obama setting up better security for computersWASHINGTON — America has for too long failed to adequately protect the security of its computer networks, President Barack Obama said Friday, announcing he will name a new cyber czar to take on the job. Surrounded by a host of government officials, aides and corporate executives, Obama said this is a "transformational moment" for the country, where computer networks are probed and attacked millions of times a day.
IT services exporters banking on emerging US firmsDecember 22nd, 2008 KOLKATA - Emerging IT companies in the US could drive India's software services exports, with the second quarter of the next fiscal (2009-2010) proving to be the critical phase, a senior industry representative said here Tuesday. 'Bailout packages being announced by the government of the US would help the IT (information technology) industry of India at a rate faster than earlier imagined,' Sanjiv Narayan, chairman of Electronics and Computer Software Export Promotion Council, told reporters.
Tech Mahindra Wins Bid for Satyam ComputerApril 13th, 2009 MUMBAI - Tech Mahindra, the IT arm of auto major Mahindra and Mahindra, Monday won the bid for India's fourth largest software exporter Satyam Computer. Satyam's new board of directors, which met here to select the highest bidder, chose Tech Mahindra following its bid of Rs.1,757 crore ($351.4 million) for 31 percent stake in the scam-tainted IT giant.
McAfee's 2Q financial performance tops analyst views amid rising demand for computer securityJuly 30th, 2009 McAfee 2Q profit slides 40 pct, tops analyst viewsSANTA CLARA, Calif. — McAfee Inc.'s second-quarter financial performance exceeded analyst expectations amid rising demand for the software maker's computer security products.
Software exports from Kerala grows 43 percentMarch 27th, 2009 THIRUVANANTHAPURAM - While India's overall software exports have slowed down on account of the global slowdown, those from Kerala grew 43.41 percent till February-end, fetching a revenue of Rs.2,300 crore. 'While the STPI (Software Technology Parks India) figures for the country show a growth of 17.62 percent till February-end this fiscal, software exports from Kerala have grown at 43.41 percent,' said an IT department official who did not wish to be identified.
US Department of Homeland Security Wants You To Update WindowsAugust 10th, 2006 I have never seen them so concerned about computer vulnerability from Microsoft Windows software. Everyone knows Windows OS is vulnerable by default.
Every 1 in 2 Indian Corporates are Unhappy. Are you in or Out?April 6th, 2009 More than half of corporate India's workforce suffers from various chronic and lifestyle diseases, with those in the information technology (IT) and IT-enabled services (ITES), media, knowledge process outsourcing (KPO) and financial services topping the list, says an industry group report.A study by the Associated Chambers of commerce and Industry of India (Assocham), said 54 percent of the workforce in the IT and ITES sectors were afflicted with depression, severe headaches, obesity, chronic backache, spondylosis, diabetes and hypertension. It said of them, 23 percent suffered from spondylosis, 20 percent from sleeping disorder and 18 percent from obesity.
Gartner Inc. predicts PC shipments will grow in the 4th quarter after a year of declinesJune 26th, 2009 Gartner predicts PC shipment growth in 4QSTAMFORD, Conn. — Gartner Inc.