Larsen & Toubro (L&T) Infotech said it has bagged a multi-year, multi-million dollar contract from a large German semiconductor manufacturer, Infineon Technologies AG (IFX).
The firm will operate, maintain and develop SAP solutions within Infineon's enterprise landscape and provide these services out of Germany, Singapore and India. The firm, however, refused to divulge the size of the contract.
Wednesday, September 30, 2009
L&T Info bags mega Infineon order
Friday, September 25, 2009
Digital pen converts your jottings into editable typed text on PC or laptop
Don’t we scribble notes during a lecture or press conference and later, on returning to our workplace, struggle to decipher our own strokes?
Or imagine a secretary/junior lawyer taking notes from his senior. The case may run to a dozen pages or even more. When the secretary types the details and gives the draft copy, the senior, after a brief scrutiny, yells, as it is full of mistakes. If only one could capture the strokes/notes/diagrams on a paper or notebook and convert it to editable typed text on a PC or laptop!
It’s possible, says Srinivasan, Product Development Specialist at Kavonics, who has tweaked this idea by developing a digital ink pen
Carolinas HealthCare System depends on a suite of Radware products ...
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that Carolinas HealthCare System (CHS), the largest healthcare system in North and South Carolina, has leveraged Radware’s suite of application delivery solutions in an effort to maintain a secure network environment with advanced load balancing capabilities for its extensive hospital system.
Radware Discusses Next-Generation Data Center Strategies at its Global Executive Exchange Forums
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced it will hold two forums – one in Asia to meet the localized business needs of the APAC (Asia Pacific) market, and a second in Europe to accommodate partner and customer activities in the Americas and EMEA (Europe, Middle East, Africa). Radware’s Executive Exchange forums encourage partners and customers to learn, interact and engage in a program of events planned to shape the future of tomorrow’s data center, by making ‘Smart Choices’ today
APM - Management change
Trond Westlie will take up the position as Group CFO of A.P. Møller - Mærsk A/S on 1 January 2010. He will become a member of the Executive Board of the A.P. Moller - Maersk Group.
Trond Westlie, 48, comes from a position as Executive Vice President and CFO of Telenor Group, Norway. Before joining Telenor in 2004, he was Executive Vice President and Group CFO of Aker Kværner for a number of years. Trond Westlie brings extensive international experience within business development and in dealing with external stakeholders, combined with strong management skills.
Symphony brings end-to-end Test Automation Services
As product companies and software-enabled businesses struggle to rein in the high cost of quality in the software product engineering process, Symphony Service Corp. today announced Symphony Services SysmTEMS, its multi-patented, end-to-end test automation framework that reduces client Q/A costs by up to 50 percent while achieving a nearly 40 percent faster time-to-market for new products
Airtel, Infosys, TCS in Forbes Asia's 50 Best
Reliance Industries (RIL), Bharti Airtel, Infosys Technologies and Tata Consultancy Services are among the 13 Indian companies that have made it to the list of Forbes' 50 Best companies in the Asia-Pacific region
Phones 4u to Use Oracle® Retail Stores Applications to Optimise Performance and Drive Customer Service Initiatives
Phones 4u has selected Oracle® Retail stores applications to drive initiatives around store performance and support its growing business across the UK and Northern Ireland.
GE extends IT services deal with Mahindra Satyam
Mahindra Satyam today said it has received an extension of its multi-million dollar contract with GE for next three years effective Jan 2010
GE, which is among the top five customers of Mahindra Satyam for over a decade now, gets support in the specialised areas of Application Development Maintenance, Business Intelligence and engineering services, Satyam Mahindra said in a statement.
Wipro brings SAP ex-CEO Kagermann on board
Wipro has announced that the former CEO of SAP AG, Henning Kagermann, would be joining its board from October 27 this year. Mr Kagermann, who retired as CEO of the global business software maker SAP in May 2009, is currently president of Acatech (German Academy of Science and Technology). He would be joining Wipro’s 10 other board of directors.
Commenting on his appointment, Mr Kagermann said, I have for long admired Wipro as a company as much for its innovative approach to business as for its strong commitment to values. I am excited at the prospect of guiding the company as it prepares for its next phase of growth.
Wipro, TCS bag major IT services contracts
Two of India's IT bellweather companies Tata Consultancy Services and Wipro bagged contracts from major agencies. Wipro Ltd India's No. 3 outsourcing company, said on Wednesday it had won a three-year IT services contract from Aquarion Water Company, one of the largest water utilities in the United States.
Tata Consultancy Services (TCS) on the other hand has won India's largest state-wide area network (SWAN) project from the Andhra Pradesh government.
Adobe India to focus more on digital education
Software major Adobe India, part of Adobe Systems, aims to garner 25 percent of its turnover from digital education by calendar year 2012. At present, digital education contributes 16 percent of Adobe's turnover in India, reports The Economic Times.
IT companies to pay tax on software purchases
According to a new order given by the Karnataka High Court, IT companies will now have to pay tax in case of software purchase from global vendors like Microsoft.
By this ruling, the technology firms will have to withhold anywhere between 10-20 percent of their software purchase payments in the future, reports Economic Times
Thursday, September 24, 2009
Dell buys Perot Systems for $3.9 bn
World's second-largest PC maker Dell Inc today entered into an agreement to acquire computer services firm Perot Systems for about $3.9 billion, making it one of the biggest deals in the IT space since global financial turmoil hit the sector.
Friday, September 18, 2009
Radware Upgrades DefensePro Security Solution to Protect Against High-Volume Cybercriminal Activity
The leading provider of integrated application delivery solutions for business-smart networking, today announced the release of DefensePro® 5.0, an enhanced version of its award winning intrusion prevention system (IPS) designed to protect application infrastructure against cybersecurity attacks and emerging zero-minute and non-vulnerability network threats. Leveraging a ‘booster shot’ feature, DefensePro 5.0 can accurately detect and neutralize security breaches without the risk of blocking legitimate users or bypassing the security engine during attack mitigation.
Kronos - Workforce management solutions deployed to help save public safety jobs and meet budget goals
A long-standing user of the time and attendance solution from Kronos® Incorporated, the Essex County Correctional Facility in Massachusetts recently went live with Kronos employee scheduling and HR and payroll solutions, and achieved an immediate, 90-percent reduction in overtime-related costs. The organization projects $1 million savings over 12 months with Kronos by accurately tracking, scheduling, and managing its workforce.
APM - Odense Steel Shipyard divides the organisation
Odense Steel Shipyard will divide the organisation into two divisions, Lindø Industrial Park and Lindø Shipyard.
Lindø Industrial Park is facing a development process, while Lindø Shipyard is to be closed down. These are two very different tasks which have to be handled differently, and this is best done in two separate organisations.
In this connection, managing director Finn Buus Nielsen has decided to resign from his position, allowing other resources to lead Odense Steel Shipyard in the time ahead. He will resign from his position as of 1 November 2009.
EMC intros fibre channel over Ethernet switch
EMC Corporation, a provider of information infrastructure solutions, expanded its
lineup of fibre channel over Ethernet (FCoE) technology with the introduction of the EMC Connectrix MP-8000B (FCoE) switch.
The new Connectrix family switches and directors enables server and cable consolidation by utilizing the FCoE and converged enhanced Ethernet (CEE) standards to transfer data between physical and virtual servers and storage systems over high speed, lossless 10 gigabit Ethernet (10GbE) networks.
Symphony names John Hitchcock as VP
Symphony Services, a provider in software product engineering outsourcing services, announced today the appointment of John Hitchcock to the position of vice president of marketing.
Hitchcock would be responsible for expanding the company's brand, driving marketing and communications strategy, and increasing revenue through targeted demand generation across the company's commercial-grade software and embedded real-time systems engineering services, said a press release.
Patni targets 6% revenue from domestic market by 2012
Patni Computer Systems, India’s sixth largest information technology (IT) firm, expects the domestic market to account for 6 per cent of its overall revenue over the next three years. Its India revenues are less than 1 per cent. The company is also eyeing acquisitions to increase its penetration and growth in the domestic market.
Patni brothers revive stake sale talks
The promoters of Patni Computer Systems and private equity firm General Atlantic have revived consultations with potential buyers to sell a part of their stake in the company.
MindTree to enter China with Huawei deal
Mid-sized software services firm MindTree will enter the Chinese market, after it bagged a significant outsourcing contract from Huawei, the largest telecommunications equipment maker in China.
IBM launches new model for mid-sized clients
Information Technology major IBM today launched a new infrastructure service model targeting Small and Medium Businesses (SMB) in Tier-II and Tier-III cities.
Under this model, it will appoint channel partners all over India to sell IBM’s infrastructure services to clients in areas of Green IT, security, business continuity, improved collaboration and communication.
HCL Tech bags two deals from US firms
HCL Technologies has bagged a five-year transformational IT infrastructure management contract from Energy Future Holdings Corp (EFH), a Texas-based, privately-held energy company with a portfolio of competitive and regulated energy subsidiaries.
In a separate deal, HCL Technologies also won an IT infrastructure management order from Oncor (a listed subsidiary of EFH) to connect and support the corporate functions, grid management operations and community-based field service centres located throughout its service area.
HCL Technologies Profits Double
Indian software services giant HCL Technologies’quarterly profits doubled during the last quarter, far outpacing its peers, Tata Consultancy Services, Wipro and Infosys.
HCL reported $69 million in net income during the last quarter, a 110 percent increase from the $33 million in profit last year. Revenues grew 21 percebnt to $607 million during the quarter from last year.
Wipro sees pick-up in European business in Q2
Wipro Ltd, India's No 3 software services firm, is seeing a pick-up in growth momentum in Europe in this quarter on increased outsourcing and stability in billing rates.
Mid-size IT cos to ring in pay hikes
After software giant Wipro lifted freeze on promotions and hikes, although selectively, mid-sized technology firms like MphasiS-EDS, Sonata Software and Symphony Services are also planning to increase salaries and give bonus.
IT services firm MphasiS, which recently bagged new outsourcing contracts, has announced a recompense bonus for its staff which the company feels is possibly an innovative compensation model.
Recompense bonus will compensate for the salary freeze which was introduced in early 2009.
Adobe to buy software maker Omniture for $1.8 bn
Adobe Systems Inc plans to pay $1.8 billion for fast-growing business software maker Omniture Inc as the maker of Photoshop and Acrobat looks to turn around declining sales.
Adobe, which announced the deal on Tuesday as it reported lower quarterly sales and profit, has been struggling over the past year as the recession hurt technology spending and customers declined to upgrade older versions of its programs.
Friday, September 11, 2009
Sybase Offers Software For Amazon EC2
The latest products enable developers to take Sybase's SQL Anywhere, IQ or Adaptive Server Enterprise data-management products and use them to set up and allocate data and analytic servers in Amazon's Elastic Compute Cloud.
Sybase has introduced versions of its data management servers for Amazon's Elastic Compute Cloud environment.
EMC to invest $1.5 bn in India
EMC Corporation, information infrastructure solutions provider, has announced on Wednesday that it will invest an incremental $1.5 billion in India over the next five years (2010-2014), a threefold increase to previous investments made by EMC in India over the previous five years.
Kronos Retail Labor Index™ Indicates Signs of Recovery in U.S. Retail Hiring
Kronos® Incorporated unveiled the first installment of the Kronos Retail Labor Index™, a family of metrics and indices that analyze the relationship between the demand and supply sides of the labor market within the U.S. retail sector. The Kronos Retail Labor Index provides a distinct and early indicator of the overall state of the retail sector. The report will be available on a monthly basis. The September report, a schedule of upcoming Index release dates, the methodology, and downloadable graphics are available on the Kronos Retail Labor Index website.
IXIA Announce - Telekom Slovenije Delivers High Quality Multiplay
Ixia today announced that Telekom Slovenije has begun deployment of Ixia’s IxRave service verification solution to comprehensively verify and manage the customer quality of experience (QoE) of its multiplay subscribers. Using IxRave’s Carrier Multiplay solution, Telekom Slovenije will assure network reliability for customers from…
Cognizant buys US firm
Cognizant has acquired Pepperweed Advisors — the IT consulting services arm of US-based Pepperweed Consulting — for an undisclosed amount. The acquisition brings to Cognizant’s IT Infrastructure Services practice a strategic consulting capability.
The IT firm, which provides consulting, technology and BPO services, has over 50 delivery centres and around 64,000 employees, the majority of whom are based in India.
Cognizant had earlier acquired another US-based consultancy firm SVC and professional services firm AimNet. Pepperweed Advisors said it used proprietary best practice process models and software to act as an adviser to IT firms
Patni eyes a slice of domestic IT market
The latest products enable developers to take Sybase's SQL Anywhere, IQ or Adaptive Server Enterprise data-management products and use them to set up and allocate data and analytic servers in Amazon's Elastic Compute Cloud.
Sybase has introduced versions of its data management servers for Amazon's Elastic Compute Cloud environment.
Hexaware launches shared service delivery model for ERP support
Hexaware Technologies announced the launch of a new service offering - ERP Shared Services Support. Through this 24x7 service offering, Hexaware will provide maintenance and support services for ERP applications including SAP, PeopleSoft and Oracle E- Business Suite, using a common pool of skilled consultants. In addition to a 100 percent utilization of resources, this alternative delivery model will also provide demand based pricing flexibility, scalability of services and predictability of IT expenditure for the customers
IBM to Invest in Mobile Research
IBM announced its plans to shift $100 mn investment over the next five years into a major research effort that aims to advance mobile services and capabilities for businesses and consumers worldwide. Through this effort, IBM is aiming to drive new intelligence into the underpinnings of the mobile web to create new efficiencies in business operations and peoples daily lives
TCS Loses e-Governance Deal
Sukhdeo Thorat, chairman of UGC is in dock for allegedly favoring Tata Consultancy Services (TCS) in the bidding process for its e-governance project. The matter has now reached the Prime Ministers Office, which has sought a report from the Ministry. It said a vigilance inquiry has found several irregularities in the tendering process of UGCs Rs 225 crore e-governance project. UGC is reportedly
IT still sunrise sector, needs infra: Infy COO Shibulal
Doomsayers predicting a sunset for the IT sector have a strong riposte coming their way: Rather than being a declining industry, the tech sector is very much a sunrise sector and needs all the infrastructure investment it can get, feels Infosys COO SD Shibulal
Global BPO vendors poach staff from local cos
Global outsourcing vendors such as Accenture and Capgemini are increasingly poaching employees from Indian rivals as they tap into professionals with expertise in offshoring to compete more effectively against companies like TCS, Wipro and Infosys.
As offshore outsourcing goes mainstream, multinationals are hiring Indians to head their sales teams in key markets in Europe and the US, a shift from the practice of employing locals to win contracts.
TCS earlier this year to join Accenture as sales directors, Nimit Chawal and Dev Sharma joined Capgemini to lead the company’s sales team. Mr Sharma headed Wipro’s business development and account management for manufacturing and automotive customers in Germany until December last year, before becoming director, business development for Central Europe at Capgemini.
'We have a reasonably-sized acquisition team for the first time'
The last year was a challenging one for the IT industry due to the economic slowdown. The hardware sector was affected badly and sales dipped in the enterprise and consumer segments. HCL Infosystems, a leading player in the hardware segment, experienced the effects of both the slowdown and a depreciating rupee. Chairman and CEO AJAI CHOWDHRY spoke to Kirtika Suneja on the challenges and the path ahead. Edited excerpts:
Friday, September 4, 2009
Ixia Enters into Distribution Agreement with Ingram Micro
Ixia (NASDAQ: XXIA), a leading, global provider of IP performance test systemstoday announced a strategic distribution agreement with Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor. Under this agreement, Ingram Micro will market and distribute Ixia’s IxChariot to its channel partners in the United States and Canada.
Radware’s AppDirector Achieves Oracle Validated Integration with Oracle® E-Business Suite 12.
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has completed Oracle validated integration testing for the integration of AppDirector 2.0.01, its intelligent application delivery controller (ADC), with Oracle® E-Business Suite (EBS) 12.0. The validation testing was completed through the Oracle PartnerNetwork Application Integration Architecture for Partners initiative
Financial Express Selects Radware to Guarantee Performance and Security for Web Applications
Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, announced today that Financial Express, the largest distributor of fund data in the UK, has successfully completed the deployment of a new generation of Radware network and application security devices to protect two UK data centres.
DP World and Odebrecht partner with Coimex in Brazil
DP World and Odebrecht partner with Coimex to Build and operate Embraport in Santos, Brazil.
New computer system to improve choice and service for Bupa customers
Bupa, the leading health and care company, has introduced a new operating system which will improve business efficiency, speed of service and offer more choice for its customers in the UK. Called SWIFT, the system can process invoices for treatment and payments in real time, store all data and information in one place and enable flexible cover options to meet different customers’ needs
Mahindra Satyam says it's chasing 30 large deals
Information technology services provider Mahindra Satyam is pursuing around 30 “large deals” and expects some of these to materialise during the current financial year.
Mahindra Satyam is vigorously pursuing 20 to 30 large deals in the life sciences, public services, transportation and engineering domains, which are showing a lot of positive business momentum. We expect to close some of them to our advantage by this fiscal end.
TechM, Wipro, IBM vie for $400-m Loop Tele deal
LOOP Telecom, where the Essar Group has a stake, has shortlisted Tech Mahindra, Wipro and IBM for an IT outsourcing contract worth around $ 400 million. The contract is believed to be spread across a period of 10 years and will not include Loop Mobile’s operations. Loop Mobile provides cellular services in Mumbai, while operations in the rest of the country is under Loop Telecom.
The outsourcing contract is for the telco’s system integration and maintenance of IT systems across 22 cellular circles. This deal does not include BPO services since most of the back-end operations are done by Essar Group’s Aegis BPO. Loop Telecom has recently launched its services, selectively in Tamil Nadu, Orissa, Kerala and Karnataka.
TCS eyes $1 billion Indian revenue in 3-4 years
India’s largest software exporter Tata Consultancy Services (TCS) plans to double revenues from the domestic operations to $1-billion in the next three-four years.
The revenues will primarily flow in from the government, large enterprises and small-medium enterprises segment. The domestic market currently contributes 10% to TCS total revenue. The economy has stabilised and demand was not in a downward spiral for sure. But it was too early to call it a trend. Emerging markets such as Latin America, Middle east, Africa and Asia-Pacific region are growing faster than the mature markets.
TCS bags Oracle ERP implementation project in SA
Tata group company, Tata Consultancy Services (TCS), has bagged a prestigious order in Saudi Arabia (SA) for executing an Oracle ERP implementation project.
The project will be completed within a period of two-and-a-half years in three phases ending in 2010.
TCS to recruit 25,000 people this year
Indian software major Tata Consultancy Services (TCS) said on Thursday that it would hire 25,000 people this year, a move that is likely to give a fillip to the country's IT recruitment scene which is seeing a slowdown since the collapse of Lehman Brothers last September.
Wipro to offer SaaS platform with Oracle
By looking at the potential in the cloud computing segment, Wipro, an IT services company has joined hands with Oracle, a global business software firm to offer a service that software firms can use to deliver products through the software-as-a-service (SaaS) model. The service called w-SaaS will enable software firms to offer their existing applications as SaaS in a multi-tenant model.
Microsoft India claims third spot in local business software market
Three years after entering the highly fragmented domestic ERP and CRM market, Microsoft India Pvt. Ltd, the regional unit of the world’s largest software company, says it has emerged the third largest company by revenue in this segment.
Enterprise resource planning, or ERP, is business software deployed to manage information and resources, while customer relationship management, or CRM, is used to keep track of customers.
Keshab Panda heads ITES unit in L&T group
Dr Keshab Panda, one of the top executives to quit Mahindra Satyam, has reportedly joined as CEO of an L&T arm in Engineering and ITES entity
IBM/Cognos & SAP/BusinessObjects days of selling to Oracle customers are over!
Oracle’s penchant for acquisitions has paid off in spades with the acquisition of Siebel. Certainly owning the number CRM OnPremise solution has brought value to Oracle but the gem in the Siebel acquisition was Siebel Analytics or what is now called Oracle Business Intelligence Enterprise Edition (OBI EE) and the associated content (pre-built dashboards) play of Business Intelligence Applications or (BI Apps).
Shrinking R&D budgets are forcing software makers to hive off dedicated centres...
Shrinking R&D budgets are forcing software makers to hive off dedicated centres, or captives, and these find ready buyers in outsourced product development companies. What’s the financial logic?.
Send SMS, Pepsi can will pop out of machine
Reliance Communications, as part of its mCommerce initiative, plans to launch an SMS-based vending service in collaboration with E-Cube, an embedded software company.
Interview with Sam Pitroda, chairman, National Knowledge Commission on e-governance:
India will tap vast but underutilised fibre optic network owned by the Railways and corporates such as BSNL, Reliance, Bharti and Gail (India) to help deliver e-governance services such as healthcare and education. These services will be integrated with the ambitious unique identification card project, which is among the top priorities as far as e-governance is concerned, Sam Pitroda, chairman, National Knowledge Commission told ET in an interview. Excerpts:
As per Gartner, 80 per cent of Fortune 500 companies will use SaaS by 2012
With the growing need for innovative and sustainable business model, cloud computing is emerging as an unparalleled technology driver. That's what came out from a panel discussion organized on the first day of e-Revolution, 'SaaS and Cloud Computing-Opportunities they provide to enterprises'.
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