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.
Global recession to hit investment in IT training marketJuly 27th, 2009 BANGALORE - Investment in IT training and software certification is set to decline by 25 percent in the Asia-Pacific region this fiscal as budgets on tech spending fall due to recession, a study by IT research and advisory firm Gartner said. "Training budgets are among the first to be cut as part of cost containment efforts in the downturn.
InfoPrint Solutions appoints New Vice PresidentMay 20th, 2009 NEW DELHI - InfoPrint Solutions Company, a joint venture between IBM and Ricoh, announced the appointment of Christopher Reid as Vice President and General Manager of its Asia Pacific operations headquartered in Singapore. Previously, the Director of Global Solutions, Reid takes over this role from Benoit Chatelard, who was recently appointed Senior Vice President and General Manager of Europe, Middle East and Africa for the company.
Cell Phone Sales Expected To Grow To 1 Billion per Year by 2009July 21st, 2005 Cell phone sales will exceed one billion handsets a year by 2009 as they become the most common consumer electronics device with 2.6 billion people using one by then, according to a survey published on Wednesday. Around 1.04 billion cell phones will be sold in 2009, up from an upwardly revised estimate of 779 million this year and 674 million handsets in 2004, research group Gartner said.
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.
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 telecom sector earnings to cross $30 bn by 2013: Gartner IncJune 18th, 2009 NEW DELHI - India will continue its robust telecom story with the sector's revenue to be more than $30 billion by 2013, according to a global information technology research and advisory firm. "Total mobile services revenue in India is projected to grow at a compound annual growth rate (CAGR) of 12.5 percent during 2009-2013 to exceed $30 billion, the US-based Gartner Inc said in a statement Thursday.
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.
US research firm foresees decline in global IT spendingJanuary 13th, 2009 SAN FRANCISCO - Global purchases of information technology goods and services may decline by three percent in 2009, ending seven years of growth, US research firm Forrester said in its latest report on global IT market outlook
It said global IT purchases by businesses and governments will fall to $1.66 trillion. The decline is a distinct shift from 2008, when global IT purchases increased by eight percent.
Analyst upgrades Gartner on stabilization of corporate IT spending; shares flat in down marketAugust 17th, 2009 Analyst upgrades Gartner; shares flatNEW YORK — An analyst upgraded his rating on research and consulting company Gartner Inc., saying that corporate information technology spending appeared to be stabilizing with a rebound expected in 2010. JPMorgan Securities analyst David Lewis raised his rating on the stock to "overweight" from "neutral" and increased a price target for December 2010 to $23, up from $17.
PC shipments fell 3 percent in 2nd quarter; Dell snatches back top spot in US from HPJuly 15th, 2009 PC shipments down 3 pct., less than expected in 2QSEATTLE — Worldwide personal computer shipments declined at a gentler pace than expected in the second quarter as consumers snapped up inexpensive laptops, two technology research groups said Wednesday. Still, the figures point to 2009 being the industry's first full year in decline since 2001.
JDA Software outlines keys to success for managing demand in India's emerging marketMarch 24th, 2009 SCOTTSDALE - To effectively counter the challenges of India's rapid growth, JDA Software has outlined five key strategies to help companies establish an efficient, flexible supply chain and successfully address the operational challenges facing the country's expanding market. "To keep pace with India's growth rate, companies have been focused on building production capabilities, distribution networks and retail outlets resulting in complex supply chains with long lead times," said Stephen McNulty, regional vice president, Asia Pacific, JDA Software.
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.
More BPO service providers will exit market: GartnerSeptember 30th, 2009 NEW DELHI - More business process outsourcing (BPO) service providers in India will exit the market in coming years, as it is difficult for them to stay afloat in the current form due to the slowdown, according to a study released here Wednesday. "One-quarter of the top business process outsourcing (BPO) service providers will not exist as separate entities by 2012," said the study by IT research and advisory firm Gartner.
Satyam scrambles to reassure customers in SEAsiaJanuary 7th, 2009 SINGAPORE - As the Satyam revenue fraud story unraveled, the computer services company's offices in Singapore were Thursday scrambling to restore confidence among its wide network of customers in its regional hub here and in other Southeast Asian countries. Top Satyam Computer Services officials were busy meeting the company's more than 400 clients in Singapore, including several government agencies, to reassure them that the company would continue to fulfill its contracts and that it would be business as usual, a senior company official said.