Friday, April 24, 2009

Radware’s DefensePro Winner of the 2009 Global Excellence in Intrusion Prevention Solution Customer Trust Award

Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, announced today that Info Security Products Guide, the industry’s leading publication on security-related products and technologies has named the DefensePro x20 series a winner of the 2009 Global Product Excellence in Intrusion Prevention Solution – Customer Trust Award. This award is a strong endorsement to the fact that DefensePro is ahead of the curve in terms of best-of-breed products capable of providing the highest security in intrusion prevention.

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KRONOS exhibits Common 2009 Annual Meeting and Exposition

April 26, 2009
Grand Sierra Resort and Casino
2500 East 2nd Street
Reno , NV 89595

Booth #: 209

Saas and cloud computing key drivers: HCL

HCL Technologies' CEO, Vineet Nayar, is happy with the company's revenue growth and limited margin erosion in January-March (JFM)
quarter. In an interview, he talks about pricing, deals and future growth drivers for the firm.

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Oracle-Sun deal to create a $1.5 bn entity in India

Oracle’s acquisition of Sun Microsystems will create a $1.5-billion (Rs 7,474 crore) entity in India, and help Oracle compete more effectively with arch rival IBM by bundling its business software with Sun’s computer servers, and offering them at competitive rates to customers in the country.

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Google brings 3D to the Web

Accelerated 3D graphics can now be brought into computing, thanks to the new software from Google, christened O3D. The new software straight out of the Google Labs is a browser plug in, currently compatible with Internet Explorer, Firefox, Safari, and Chrome that works on Windows, Mac OS X, and Linux.

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HCL Info net down 29% in Q3

HCL Infosystems on Thursday reported about 29 per cent drop in its consolidated net profit for the third quarter ended March 2009, on account of higher employee costs and administrative overheads. The drop in net profit was also partially due to the impact of Rs 4-5 crore swing in the forex, a senior company official said.

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IBM plans cloud computing services for 2009

International Business Machines Corp plans to launch cloud computing services this year, taking on companies such as Amazon.com Inc, Microsoft Corp and Google Inc.

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Microsoft sales plunge for the first time in 23 years

Microsoft Corp's quarterly profit fell 32 per cent, but its shares rose as investors welcomed continuing efforts to cut costs and news that the release of its Windows 7 operating system is on track.

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Satyam implements advanced SAP solution at Mazgaon Dock

Satyam Computer Services today said that it has successfully implemented SAP ECC 6.0 at Mazgaon Dock Ltd, one of India's leading ship builders.
The new system will provide managers with faster access to accurate information from across the entire organization, enabling Mazgaon to speed up planning, improve quality, reduce costs and lower lead-time for its ship building projects, a Satyam release said here.

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MindTree inks pact with Skytap for testing services

IT company Mindtree Ltd on Tuesday said it has entered into an alliance with cloud-based virtual lab solutions provider Skytap Inc for providing "cost-effective" testing services to customers.

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Polaris Q4 net up 50% at Rs 32 cr

IT services provider Polaris Software today reported a 50 per cent growth in its profit after tax (PAT) at Rs 32.11 crore for the fourth quarter ended March 2009.

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Enterprises don't want technology, but solutions

Zensar says that they would have a fresh strategy and accentuated focus on Indian market, with a plan to hit Rs100 crore in three years. Government and Education would be two sectors of focus on. So far its Indian focus was more on large enterprises and MNCs with retail etc as stronger domains.

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Patni eyes big in business administration outsourcing space

Patni BPO, a part of Patni Computers, on Tuesday said that it intends to play a bigger role in the benefits administration outsourcing

(BAO) space, one of the fastest growing BPO trends globally.

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GlobalLogic appoints Jim Walsh as Chief Technology Officer

Software development firm GlobalLogic on Thursday announced the appointment of Jim Walsh as its Chief Technology Officer.
Walsh will work directly with GlobalLogic President Shashank Samant to advance the company's leadership in outsourced product development and distributed Agile, GlobalLogic said in a statement.

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Insta Health raises $1 m from Inventus Capital

Insta Health Solutions (IHS), a start-up company providing hospital IT solutions, on Thursday announced raising about $1 million from Inventus Capital Partners, an early growth stage Venture Capital firm headed by Mr Kanwal Rekhi. A few high net worth Indians were also part of this first round of investment

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Info Tech - Trends

The value of total IT contracts awarded globally in the quarter ended March 2009 is at $19 billion, down 21 per cent sequentially and 22 per cent year-on-year, according to TPI, an IT advisory firm.

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Friday, April 17, 2009

NetLogic Microsystems’ Industry-Leading NETL7™ Processors Selected by Radware to Accelerate DPI ...

NetLogic Microsystems, Inc. [NASDAQ: NETL], the leader in the design and development of knowledge-based processors and high-speed integrated circuits, and Radware [NASDAQ: RDWR], the leading provider of integrated application delivery solutions for business-smart networking, today announced that Radware has selected NetLogic Microsystems’ NETL7™ Layer 7 knowledge-based processors for its new line of DefensePro network security solutions, which deliver superior performance to protect next-generation data centers against emerging network attacks.

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Symmetricom Announces New Version of Multi-Time Zone Desktop Time Utility

Symmetricom, Inc. (NASDAQ: SYMM), a worldwide leader in precise time and frequency technologies that accelerate the deployment and enable the management of next generation networks, today announced SymmTime™ 2009, the company's latest version of its multi-time zone desktop time utility. Extremely easy and quick to download and install, SymmTime automatically synchronizes a PC clock to the world standard, alleviating the need to manually adjust a computer's clock which can gain or lose time, usually without the user's knowledge. This latest version has multiple upgrades, including alarm clock options and two new clock faces.

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Motability will be spreading the word about the benefits of Motability

At Naidex 2009

The UK’s largest event for homecare, disability and rehabilitation, which is taking place at the NEC, Birmingham, between Tuesday 28 April and Thursday 30 April.

Farmers to acquire AIG Personal Auto

Los Angeles, April 16, 2009 - The Farmers Insurance Group of Companies®, already the fastest growing, top-tier, multiple lines insurance group in the United States, will grow even bigger, stronger and geographically broader with the acquisition of America International Group's (AIG's) Personal Auto Group, which includes 21st Century Insurance Co.

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Radware - RSA Conference 2009

RSA
San Francisco, CA
April 20-23

Symmetricom attends National Association of Broadcasters Show 2009

April 20 - 23
Las Vegas Convention Center, Las Vegas, NV

ITOCHU Corporation acquires 67% stake in Ecosystem Japan

ITOCHU Corporation has acquired a 67% stake in Ecosystem Japan Co., Ltd., a distributor of home solar power generation systems.

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TI recognizes MindTree for performance excellence

MindTree Ltd, a provider in global IT solutions and services, announced on Thursday that it is a recipient of the Texas Instruments (TI) 2008 Supplier Excellence Award, making it the first Indian company to ever receive this honor.

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Mindtree eyes $1 bn revenue

Mid-sized software services firm Mindtree will establish newer business verticals and increase its proportion of revenues from outcome-based projects in order to achieve over $1 billion in revenues over the next few years.

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Polaris plans to enter 40 new markets

Polaris Software Lab Ltd plans to enter 40 new markets across the globe in the next five years and provide technology solutions in retail, banking, insurance and human resource management space.

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Netmagic Launches Cloud Computing Service

Netmagic Solutions, a prominent provider of managed IT services, has launched cloud computing services for enterprises. Available to both existing and potential customers, the service will enable enterprises to avail of the entire IT infrastructure on a pay-per-use model.

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Infosys sees projects worth $1 bn coming up in India

Infosys Technologies sees over $1 billion worth of outsourcing contracts coming from the Indian market over next few years, as country’s government and state-owned organisations seek to become more efficient by outsourcing their IT needs.

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Infy Q4 profits up 29 pc; Q-o-Q down 1.7 pc

Infosys Technologies has posted revenue of Rs 5635 crore for the quarter ended March 31, 2009 showing a growth of 24.1 per cent year-on-year basis. Net profit after tax has grown 29.1 per cent, which was Rs. 1,613 crore for the same period quarter.


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Tech Mahindra posing challenge to TCS, Infosys, Wipro, HCL

With Satyam in its fold, Tech Mahindra will emerge as the most important player in the telecom and auto verticals of India’s software and services industry, posing a major challenge to companies such as TCS, Infosys, Wipro and HCL which dominate the segments at present.


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Netsuite Going After Oracle, SAP?

NetSuite has developed programs targeted at large corporations, in an effort to move the software maker beyond the small- to mid-sized business market.

NetSuite wants to sell the software to divisions of large corporations that use software from SAP and Oracle. To date, the company has focused on products for small- to medium-sized companies (SMBs). But NetSuite is eager to get a slice of the enterprise market as corporations account for the bulk of sales of business application software, which researcher Gartner estimates at about $89 billion a year.


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IBM wins 10-year deal from Uttarakhand co-op bank

IBM has bagged a 10-year IT outsourcing deal from Kurmanchal Nagar Sahakari Bank Ltd, an urban co-operative bank in Uttarakhand. IBM did not disclose the deal size.

As part of the deal, IBM will remotely host and manage the IT infrastructure from its data centre in Bangalore, manage the disaster recovery site and provide the entire networking infrastructure.


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Intel profits drop 55 percent

Computer-chip giant Intel reported a 55-percent drop in first-quarter income Tuesday but said that it believed sales had bottomed out and that business was returning to normal.


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Oracle Releases Flexcube Apps for Banks

Oracle's SOA-based Flexcube Enterprise Limits and Collateral Management application are designed to help banks effectively manage exposure.


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Oracle Tightens SAP Integration

Oracle Corp expanded its Web services-based Application Integration Architecture (AIA) enterprise application integration offering, adding support for six sets of new business processes, including one set that links Oracle’s Agile PLM software suite with SAP ERP applications.

Also today, the company upgraded its Oracle Transportation Management system, enabling manufacturers to manage private shipping fleets with assets operated by common carriers.


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Xerox strikes outsourcing deal with HCL Technologies

Xerox Corp (XRX.N). will pay $100 million over six years to outsource data-center services to HCL Technologies Ltd (HCLT.BO), one India's largest information technology service providers, a Xerox spokesman said on Sunday.

As part of the deal, HCL will manage disaster-recovery preparation and consolidate Xerox's data centers in North America and Europe, spokesman Bill McKee.


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HCL bags 5-year services contract from Microsoft

HCL Technologies is learnt to have bagged a five-year IT services contract from software giant Microsoft worth close to $170 million.

HCL has become a strategic vendor for providing technology services to the Redmond-headquartered firm for its online services business, according to a person familiar with the negotiations. This is the third major contract bagged by HCL in the last few weeks.


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Adobe AIR, Flash Big Hit at Web 2.0 Expo Conference

As software and Internet companies think about how to make their Web applications more interactive and able to work across various environments (including the desktop), Adobe, with its Flash and AIR technologies, has emerged as an interesting player to watch at this year's Web 2.0 Expo in San Francisco.


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Friday, April 3, 2009

U4EA Technologies and Vidtel Team Up to Deliver QoS-enabled Video Calling Service for SMBs

U4EA Technologies, a leading provider of integrated access technology for unified communications, today announced that it will partner with Vidtel to deliver video communication services to small-to-medium sized businesses. By combining U4EA's Fusion series Multi-service Business Gateways (MSBG) with Vidtel's new video calling and conferencing services, video call quality is ensured and WAN bandwidth is fully utilized.


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Agilent Technologies Restructures Electronic Measurement Businesses

Agilent Technologies Inc. (NYSE: A) today announced a major restructuring of its Electronic Measurement businesses in response to the most severe global downturn in the company's history. Fiscal 2009 revenue in the company's Electronic Measurement Segment is expected to be down roughly 30 percent from 2008 to the lowest level in the company's 10-year history. Revenue in the Semiconductor & Board Test Segment is expected to be down over 50 percent from last year and off 65 percent from its peak volume.


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Kronos is exhibiting at HIMSS 2009

Radware Completes Acquisition of Nortel’s Layer 4-7 Application Delivery Business

Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has completed the acquisition of assets pertaining to Nortel’s [TSX: NT, OTC: NRTLQ] Layer 4-7 Application Delivery Business for the amount of 18 million USD. Included in the acquisition are Nortel’s application delivery products, certain related intellectual property assets, tangible assets, inventory and service contracts in addition to a number of employees related to this business.


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Radware is exhibiting at RSA Conference 2009

RSA
San Francisco, CA
April 20-23

Participation

Silver Sponsor
Speaker: Ron Meyran
Exhibiting at Booth #1923

Ashok Soota steps down as MindTree MD

MindTree Ltd., a global IT solutions company, today announced a major organization-wide restructure as part of its growth plans and objective of becoming a $1 billion organization.

The restructuring, which will be effective April 1, 2009, includes entering new market segments, setting up new business units, and new roles for senior management. Ashok Soota, currently chairman and managing director, would assume the role of MindTree's executive chairman, said a press release.


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Nortel India inks Rs.75 Crore deals with local firms

Despite Nortel Networks filed for bankruptcy in the U.S. its Indian subsidiary Nortel India has signed around 100 contracts worth Rs.75 crore with domestic companies, reported The Economic Times.
According to a company executive, though about 70 percent of the signings have been renewals of existing contracts, Nortel India has managed to rope in some new customers including Reliance Communications and Union Bank of India. Moreover, Nortel's one of the old clients State Bank of India has renewed its contract with the company.


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Sun Microsystems, C-SAM launch mbanking solution

BANGALORE, INDIA : Sun Microsystems, and C-SAM, a provider in mobile phone-based transaction technology, today announced the availability of a mobile banking (mbanking) solution.

The ready-to-deploy platform works on any network - GSM or CDMA - and is fully compliant with 'Mobile Banking Transactions in India - Operative Guidelines for Banks' recently issued by the Reserve Bank of India (RBI), said a press release.


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Microsoft To Enable Private Clouds With Windows Server, System Center

Microsoft plans to build features into future versions of Windows Server, as well as a new System Center product, that will help companies deploy and manage private clouds, Microsoft server and tools division president Bob Muglia said in an interview Wednesday.


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HP Manages The Cloud With Cloud Assure

HP released Cloud Assure, a new suite of bundled software-as-a-service products and managed services aimed at helping enterprises and would-be SaaS vendors alike adopt and manage cloud computing.


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SAS to build $70 million cloud computing facility

Business analytics software and services company SAS, said that it is building a 38,000-square-foot cloud computing facility to provide the additional data-handling capacity needed to expand SAS' On Demand offerings and hosted solutions.


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Satyam Back on track

Satyam Computer, which was struggling to even meet its January salary bill, now reports a small cash surplus. The company has cleared all its liabilities including salaries and supplier payments, said a top official on the request of anonymity.


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HCL, MJ Logistics deal to equip new centre in India

Global IT services provider HCL Technologies, has entered into a three year contract with Indian third-party logistics (3PL) solutions provider, M.J. Logistic Services, which MJ says will free it up to focus on core business, manage the growing complexitities of its logistics operation and enhance inventory visibility.


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Genpact Certified by SAP as Global Provider of Application Management Services

Genpact (NYSE:G), a leader in the globalization of services and technology and a pioneer in managing business processes for companies around the world, today announced that it has been certified as global provider of application management services by SAP AG for its ability to deliver application management services based on SAP(R) technology. Genpact joins a select group of than 10 global SAP partners to achieve this certification.


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Sons India Software bags a SAP Project

Sons India Software Pvt Ltd. a global consulting and IT services provider, announced today that it was awarded a contract to implement SAP Business All-in-One solutions for Dodalla Dairy & Farm Products, one of the leading dairy processors in India.


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eMudhra digital signatures extended

3i Infotech Consumer Services has partnered with financial services company Karvy Group to extend the reach of eMudhra Digital Signature Certificates in the country. According to the pact, Karvy Data Management Services Ltd, a wholly-owned subsidiary of Karvy Stock Broking Ltd, will be one of their Registration Authorities and will promote, sell and distribute eMudhra digital signature certificates. eMudhra Digital Signatures ( www.e-mudhr a.com) was launched in November 2008 for e-filing of IT returns, eTenders, eTicketing, MCA21 etc. Going forward, the Web site is expected to be used for online banking, e-commerce and online trading, the company said in a press release.


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10 Famous ERP Disasters, Dustups and Disappointments

The world of enterprise applications ( ERP, CRM, BI and supply chain apps) may seem boring to those caught up in the hysteria over Twitter and iPhone applications, but there's plenty of drama to be found (even more than on an episode of "The Bachelor"): Troubled multimillion-dollar software deals that produce spectacular failures and huge spending nightmares; vendor marketing bravado that breeds cut-throat competition and contempt; and embarrassing and costly lawsuits over botched implementations and intellectual property breaches.


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