Gartner predicts Indian IT spending in Financial Services to reach Rs. 377 Billion
June 9, 2012

The Indian financial services industry (FSI) will spend 377 billion rupees on IT products and services in 2012, an increase of 17.4 percent over 2011 revenue of 321 billion rupees, according to Gartner, Inc. This forecast includes spending by insurers on internal IT (including personnel), hardware, software, external IT services and telecommunications. Read more

Wipro signs 10 year contract with Manipal Health Enterprises
June 9, 2012

Wipro Infotech, today announced that it has won a 10-year contract from Manipal Health Enterprises Private Limited (MHEPL). As a result of this strategic partnership, Wipro will implement its latest Hospital Information System Solution &data migration services across Manipal Group Hospitals. Read more

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Infosys Mysore-Largest IT education center in the world
June 9, 2012

Mysore, India – May 31, 2012: Infosys, a global leader in consulting and technology, is celebrating a decade of its Foundation Programme, a training programme for entry level engineering graduates at the Infosys Global Education Center, one of the world’s largest corporate universities located in Mysore. This is a 23-week residential training programme designed to aid students’ transition from the academic world to the corporate world, as qualified professionals. The programme is focused on imparting generic and stream-specific training in various technology areas, along with soft skills and leadership programmes, to engineering graduates who join Infosys every year. Read more

Infosys BPO Wins Outsourcing Award in Process and Application
May 28, 2012

Infosys BPO won the Outsourcing Excellence Award 2012 in the “Best New Process/Application” category, recognizing the company’s strong relationship with its client Rio Tinto. The Outsourcing Excellence Awards are presented by the Outsourcing Center, the premier online community specializing in thought leadership, best practices, and innovation in outsourcing. Read more

TCS team wins National Science Foundation award in USA
May 28, 2012

TCS have won the “People’s Choice” award at the ninth International Science and Engineering Visualization Challenge with their interactive game called Velu the Welder. The international challenge was jointly organized by the US National Science Foundation (NSF) and the American Association for the Advancement of Science (AAAS), publisher of journal Science, to celebrate the grand tradition of visualization, specifically for communicating science, engineering and technology for education and journalistic purposes. Read more

Gartner predicts Indian IT hardware market will grow to $2.05 billion in 2012
May 14, 2012

Mumbai, India, May 14, 2012— The Indian IT infrastructure market comprising of servers, storage and networking equipment will reach US$2.05 billion in 2012, a 10.3 percent increase over 2011, according to Gartner, Inc. The IT infrastructure market is expected to reach $3.01 billion by 2016. Read more

Infosys partners with Oracle to deliver Supply Chain solutions
April 22, 2012

Oracle and Infosys, a Diamond level member of Oracle Partner Network (OPN), today announced Oracle Project Driven Supply Chain for High Technology Companies to extend Oracle’s complete and integrated stack of software and hardware solutions for the technology industry. Read more

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Gartner predicts PC Shipments in India Will Grow 17% in 2012
April 8, 2012

The PC industry is benefiting from the Tamilnadu state government deal, wherein the government aims to give away laptops to the students of state-aided colleges and high schools – to fulfill the pre-election pledge made by the chief minister. This will add approximately 920,000 units to total shipments in 2012 and will be a major contributor for an estimated double-digit growth. Without considering this particular deal PC market is expected to grow 8.4 percent in 2012. Read more

Mahindra Satyam Launches STAMP-An offering to identify structural qualities of business applications
April 8, 2012

Hyderabad – April 04, 2012 – Mahindra Satyam, a leading global consulting and IT services provider, today announced the launch of Structural Testing Analysis & Measurement of Projects (STAMP). An offering aimed at beaming a unique spotlight into the unexplored structural quality of its clients’ most business critical applications. Read more

NASSCOM-Indian Company Tech Industry contribution to US Economy
April 8, 2012

The National Association of Software and Services Companies (NASSCOM), a not-for-profit industry association for IT-BPO Sector in India, today released a contribution review on the “India’s Tech Industry in the US”. The report was released at a press gathering addressed by Ms. Nirupama Rao, Ambassador of India to the United States of America, and Mr. Som Mittal, President, NASSCOM. The report shares trends on the significant contributions and investments that India-based IT and BPO firms are making in the US. Read more