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Showing posts from 2013

Cloud-based Video Conferencing Market - China

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China Semiannual Collaborations and Video Tracker shows that the scale of China’s video conferencing market is US$ 172.1 million in the first half of 2013 (1H2013),  declining 6.1% year-on-year. Reasons for declining of China video conferencing market in 1H2013 are: Recession in China resulted in a declined profits among enterprises, causing them to be more cautious about IT investment. The decreasing  number of customers also resulted in delays in video conferencing investment. Changes in the government industry – one of the major users of the video conferencing. The change in government leadership and high level of business penetration in state ministries and commissions resulted in decline in investment. More audio/web conferencing vendors are adding video functions to their products, meeting the demands of video communication users at a low cost. As such, medium and small enterprises in the video conferencing market are facing increasing challe

Enterprise Application Software Sales in South Africa is driven by CRM, Mobility, and Social Business

According to IDC Research, Overall enterprise applications software (EAS) spending in South Africa is set to increase 10.5% year on year in 2014 to total $518.45 million.  With a further 12 months likely to pass before the new government is fully focused on its investment plans, improved growth is not anticipated for the country's EAS market until 2016. Other factors that will negatively impact the EAS market in 2014 include ongoing economic pressures that are likely to derail the investment plans of large and very large businesses (enterprises). Continuing financial challenges will also limit the access of small and medium-sized businesses (SMBs) to credit and curtail their subsequent investments, while the ongoing challenge of skills shortages will impair the adoption of new technologies. South African organizations are interested in adopting technologies such as advanced analytics, but are often limited by tight budgets and lack of advanced technical skills.

Indian IT companies are focusing on Europe.

Indian companies have stepped up efforts to increase their market share in continental Europe in recent years to reduce dependence on the United States.  TCS and rivals such as Infosys and IBM won a record $6 billion of IT contracts in the three months to September 30, according to the Information Services Group consultancy, partly driven by IT outsourcing by European companies looking to cut costs.

Infosys faces record fine in US

Infosys is accused of putting workers on visitor visas rather than work visas. The former are much easier and cheaper to obtain than the latter. The fine is expected to be about $35 million, the paper said, quoting people close to the matter.    The US government plans to punish Indian outsourcing giant Infosys with the largest immigration fine ever for seeking visas fraudulently for workers at big clients in America, the Wall Street Journal reported.     The fine will be announced on Wednesday, the Journal said. It said a company spokesman confirmed a resolution will be announced on Wednesday and said Infosys had set aside $35 million to settle the case and cover legal costs.     Infosys clients have included Goldman Sachs Group, Wal-Mart Stores and Cisco Systems.  

India's own silicon valley: Bangalore, by 2020 it will become the largest collection of talent in a single location on the planet.

Consider a powerful and astonishing fact. Bangalore today is the world's second largest IT/ITeS cluster in the world, second only to Silicon Valley.  By 2020 it will become the largest collection of talent in a single location on the planet, with 20 lakh IT professionals , about 60 lakh indirect employment and exports worth Rs 4 lakh crore . The corresponding numbers today are 9 lakh, 27 lakh and Rs 1.35 lakh crore. This is more than the combined numbers of Chennai and Hyderabad, by a wide margin. Of the Fortune 500 companies, Nasscom's estimate is that around 105 have a direct presence in India and nearly half of these companies have a direct presence in Karnataka, employing around 1,60,000 people. It's imperative to understand that competition is not just among Indian states but between India and the US, UK, China and even Philippines and Vietnam. Against this landscape, Karnataka.

IT spending in India 2014 - $71.3 Billion

The IT market in India is the third-largest among emerging economies and the fourth-largest among developing and mature Asia/Pacific countries. IT spending in India is expected to reach $ 71.3 billion in 2014, a 5.9 per cent increase over 2013 forecast - Gartner. IT services will record the strongest revenue growth at 12.1 per cent, while, software revenue will grow 10 per cent and the telecommunication services segment, that accounts for 42.1 per cent of the Indian ICT market, is expected to grow by two per cent in 2014.  The telecommunications services market which includes fixed and mobile, data and voice services will continue to be the largest IT segment in India with IT spending forecast to reach $ 30 billion in 2014. The devices market, which includes mobile phones, PCs, tablets and printers is expected to total $ 23.5 billion in 2014, a 6 per cent increase from 2013. IT services, on the other hand, will record the fastest growth amongst the various

Software Engineers Make The Most Money At These 25 Companies

"Software Engineers Make The Most Money At These 25 Companies" 1. Juniper  $159,990 (Base Salary ) 2. LinkedIn - $136,427 3. Yahoo -  $130,312 4. Google - $127,143 5. Twitter -  $124,863 6. Apple - $124,630 7. Oracle - $122,905 8. Walmart - $122,110 9. Facebook - $117,927 11. Arista - $116,067 12. NVIDIA - $115,649 13. eBay - $114,720 14. Amazon - $110,907 15. HP - 110,506 16. Brocade -  $110,069 17. Cisco Systems - $109,491 18. Microsoft - $108,611 19. Intel - $108,210 20. Intuit - $107,440 21. Expedia - $105,126 22. Ericsson - $102,610 23. FactSet - $102,476 24. Broadcom - $101,808 25. QUALCOMM - $101,094

Cognizant continues to focus and Invest in European IT services Market - WHY?

After acquisition of France-based financial services consulting firm Equinox, Cognizant is expecting to strengthen company’s global consulting capabilities and presence in Europe. The company says that the overall European IT services market is roughly the same size as the North American IT services market, yet the penetration of the global-delivery model in Europe is currently a fraction of that in North America. Cognizant emphasis on Europe Market requirements as: ·          European clients are looking to buy a broader range of services—consulting, applications, infrastructure, and business process services ·          Another significant shift is that Europe clients want to navigate both cyclical and structural shifts simultaneously ( They are seeking a partner who can drive cost-savings and innovation on one integrated platform. ) Cognizant is seeing Europe as a potential and very important market which is driving them to focus and invest more. Building loca

Cloud

Enterprises must view cloud as an overarching approach that considers the value of SaaS, PaaS, IaaS, and other as-a-service technologies, and helps determine how they can best become a part of IT's current toolbox. Companies will create hybrid capabilities that combine the best of all cloud's elements, mixing on-premise and off-premise IT and integrating cloud with legacy systems and traditional software. The technology is here, so the conversations should now turn to how these tools can be used to differentiate a company's business, helping it get to market faster and respond more flexibly to opportunities and obstacles. Cloud is no longer an emerging trend, nor is it a single concept. It can and does have a transformational impact across the business. The key question is not "should we use cloud?" but "how can we use cloud?" Leading organizations already sense that they're still only at the beginning of what they can do with cloud — and wh

Why Analytics is Important in Current and Future World?

The IT world we live in today revolves around software applications. Businesses have developed data models to support functionality; as a result, applications often don't gather data required to support new business imperatives. Most companies recognize that, information is valuable for future insight, so they capture more of it. But "more data" doesn't equal "better data." Generally, companies are capturing the data without specific questions in mind. So, when data are repurposed as inputs for strategic decisions; such as entering a new market or pricing a new service — information gaps often come to pass.  Companies no longer suffer from a lack of data; they suffer from a lack of the right data. With every data gap, companies will miss an opportunity to make better decisions. Plugging these data gaps, getting the right data-requires a fundamental shift in how applications are built, confi

Indian-American in race for Microsoft CEO job?

Satya Nadella, 44, executive vice president, cloud and enterprise services, Microsoft is among the front runners to occupy the CEO chair at at the company. Mr.Nadella, joined the company in 1992 after a brief stint with Sun Microsystems. Nadella grew up in Hyderabad - India, studied in Hyderabad Public School, Begumpet, the alma mater of business notables like Shantanu Narayen, CEO of Adobe Systems, and Prem Watsa, chairman and CEO of Fairfax Financial Holdings, which was recently in the news as a likely bidder for Blackberry. In July this year, he was handed the responsibility of the Cloud OS platform, which, as Microsoft's website says, "Not only powers all of Microsoft's internet scale cloud services (including Office 365, Bing, SkyDrive, Xbox Live, Skype and Dynamics) but also fuels global enterprises around the world to meet their most challenging and mission-critical computing needs.''  What are Satya Nadella's strengths? He's a serious dr

Ford CEO Alan Mulally as Microsoft's Next boss?

Microsoft is reportedly considering Ford Motor chief Alan Mulally as Steve Ballmer's replacement when he steps down in less than a year. Mulally says he's made no changes to his plan to stay at Ford through the end of 2014. But he hasn't denied rumors that Microsoft is courting him. Here are the pros and cons of Mulally taking the wheel at Microsoft, a company whose stock price has been stuck in neutral for more than a decade:   The pros: He has fresh eyes He's been here before He knows Microsoft and Ballmer                                                                                                                                                                                                                                                                                                                                                                                The cons : He's a software sophomore He's old school He already has a legac

Indian Research and Development Scenario 2013

Introduction India was ranked seventh globally in terms of research and development (R&D) investments in 2012 and is expected to retain the position, with R&D investments expected to increase to US$ 45.2 billion in 2013 from US$ 38 billion n 2011.  India companies occupied the topmost position globally in terms of growth in R&D investments. In terms of their absolute annual R&D investments, 14 Indian companies made it to the list of top 1,500 entities worldwide, as per a study by the European Commission. Moreso, India has been ranked as the world’s sixth most "innovative" country in multinational conglomerate GE's Annual Global Innovation Barometer. India is increasingly seen as a product development destination and firms are now offshoring complete product responsibility. In addition, India has become one of the most preferred location for engineering offshoring and is estimated to receive work related to R&D of prod