In addition to technology and HR operations, Indian IT companies can now also look at outsourcing marketing functions for their clients due to the increasing role played by social media in marketing, a new report said. The report, published by Nasscom in association with SapientNitro, finds that there will be USD 37 billion of CMO […]
Indian economy continues to recover from a low hit in the third quarter of 2013, according to the latest Monster Employment Index that shows hiring activity. The index rose for the fifth straight month in February to 152, indicating that recruitment activity was 14% higher in February 2014 compared to February 2013. In comparison to […]
February’s love-themed malicious spam was dominated by Trojans, as the cybercriminals’ mass mailings targeted credulous users with a Trojan-Dropper, a report by Kaspersky Lab said. The Trojan installs two malicious programs on the system – one is spyware that steals all document files from the computer and sends them to a specific mailbox; another is […]
Nobody who has been following recent management changes at Infosys Ltd should be surprised by the resignation of Senior Vice President Chandrasekhar Kakal. Kakal had seen his role drastically cut down just two months ago when Murthy announced a total alignment of Infosys’ management structure. From a executive council based structure, Infosys went to a […]
Facebook has unveiled a new newsfeed feature dedicated exclusively to Facebook pages. The new feature, that can be accessed at www.facebook.com/pages/feed, shows ‘stories’ only from Facebook Pages that the user has subscribed to. The idea seems to be to allow users to track news more effectively, while keeping out personal updates from Facebook friends out […]
Tech Mahindra said it has signed an agreement with BASF Business Services Holding, a unit of German chemical giant BASF, to acquire its business with third party customers. “This includes the 100%-owned subsidiary BASF Business Services Consult GmbH, based in Hamburg. BASF Business Services Holding GmbH will in future focus on providing information services, supply chain […]
The cloud services market in India will grow at close to 30% this year to about $550 mln, according to technology forecasting firm Gartner. The rate of forecast is three times the 10% growth that Nasscom has predicted for the domestic IT and BPO market in the year 2014-15. Gartner’s forecast includes only public cloud […]
Infosys Ltd released a statement quoting the executive director of United Bank of India as saying that there ere no inherent deficiencies in Infosys’ banking software Finacle. United Bank had blamed the software for miscategorizing healthy accounts as non-performing assets earlier this week. Finacle has “inherent deficiencies to correctly identify NPA in certain categories of […]
Google India will host a two-day Hackathon and workshop in Bangalore focused on designing and creating Android applications in Indian languages. The event will take place on 21st and 22nd February, 2014, the company said in a statement. “Nearly 100 developers are participating in this event that is open to both amateur and professional developers. […]
The share of Indian companies in the global software product market can rise from about 0.5% at present to 18% by 2020, a new report by KPMG and Nasscom said. Indian IT companies need to adapt their business models to incorporate more and more revenue from products, platforms and other intellectual property, KPMG said, adding […]
Mouthshut.com, an online consumer-review service, has decided to approach the Telecom Regulatory Authority of India (TRAI) and Department of Telecommunications (DoT) as Hyderabad-based ISP Beam Fibre blocked the consumer-review website, MouthShut.com. According to Mr Faisal Farooqui, Founder & CEO, MouthShut.com, the company got in touch with the nodal officer of Beam Internet, who confirmed the […]
18 percent of all IT outsourcing contracts will have elements of ‘as a service’ or ‘utility’ billing model this year, according to a survey of the IT Outsourcing (ITO) companies by Gartner, the World’s largest IT research agency. This will rise to 24% in 2012, according to the same survey. It also found some IT […]
After terrain, traffic, landmarks, routes, shops, petrol-pumps etc., Google has now added a ‘weather’ layer to its Google Maps service. Like the other ‘layers’, this one too has to be enabled by clicking and choosing a menu of display modes from the top right corner of the map window. The information displayed at present include […]
Nearly 1 in 20 drugs sold in India is of subs-standard quality or downright spurious, according to the latest numbers from the health ministry. According to them, the out of the 49,682 samples of drugs tested during the just concluded financial year (2010-11), 2,372 turned out to be below the required quality. Another 95 samples […]
Mphasis, one of India’s biggest BPO companies (majority owned by HP), has acquired a US-based firm that makes insurance management software for an undisclosed sum. Mphasis, listed on the Indian bourses, said the acquisition is part of its strategy to focus more and more on specific verticals, one of which is insurance. The move is […]
The Chinese telecommunications giant Huawei, the second largest equipment firm in the World, has appointed John Suffolk, former Chief Information Officer (CIO) of the British Government as its chief cyber-security officer. The firm said the move is aimed at developing a state of the art security system for the company which can be deployed to […]
Tata Consultancy Services (TCS) has based its Cloud strategy on an ‘own brand’ model, CEO N Chandrasekaran told reporters in Delhi today. He said TCS’s strategy for the Cloud market — in which software is not purchased or ‘deployed’ by customers, but used through the Internet — will not be dependent on other big cloud-brands. […]
Worldwide software as a service (SaaS) revenue is forecast to reach $12.1 billion in 2011, a 20.7% increase from last year’s $10 billion, market research firm Gartner said. Nearly all of this revenue comes from companies as the research agency had put enterprise part of the SaaS market at $10 billion. SaaS is so-called because, […]
Web graphics and multimedia company, Adobe Systems, has acquired EchoSign, provider of a web-based electronic signature service — a move that may have far reaching consequences for how electronic documents are authenticated and certified. Digital signatures, though invented several years ago, have not quite taken off due to the cumbersome nature of creating and checking […]
Gartner Inc, the World’s leading IT research firm, has revealed that cloud computing or Internet based software already accounts for 10% of the global enterprise market. The service, known also known as Software as a Service or SaaS, requires the user to log into his or her application through the Internet and is located at […]
