Leadership

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 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.  

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.

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 vari...

"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

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...

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...

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...

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...

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                                                                                                                                     ...

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...

Newer technologies such as social media, analytics and cloud computing (SMAC) will help India’s IT-BPO industry cross $225-billion-mark in revenues by 2020, according to a CII report.    These technologies have opened new avenues for the Indian IT-BPO vendors. Since globally companies are adopting SMAC technologies for operational efficiency, Indian IT-BPO vendors can develop their SMAC strategies, according to CII Report – ‘The SMAC Code – Embracing New Technologies for Future Business’ released at at CII Connect 2013.   SMAC enables companies leverage the cloud for storing huge volumes of multi-structured customer data, generated over mobile devices and social media and analyse these data sets for business advantage. Industry estimates suggest that the global ICT spending will reach the $5-trillion mark by 2020 driven by the combination of social media, mobility, analytics and cloud. In 2012, SMAC approximately contributed about 20 pe...