Archive for category Computers

software asset management process

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IT Asset Management Process

Are you utilizing > 95 % Assets in your organization? Are you looking to save 5 to 15 % Cost of IT? Please get in touch with info@avoidcost.com or info@gnoida.com

We will help you to save approx 20 % IT cost with effective asset management process.

In case you are interested – please send reply to info@gnoida.com along with following information -

First Name -

Last Name -

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Cognizant big on mobile couponing

Betting on mobile applications as a growth area, IT major Cognizant is developing a new solution for mobile couponing. Mobile couponing is a process of receiving and redeeming merchant discount coupons electronically using a mobile instrument and network instead of conventional paper coupons.

 

Said R Viswakumar, AVP, global technology officer, Cognizant: “We are exploring this emerging business need and developing a solution by identifying and creating specific technology components.” The solution would be piloted in Cognizant first and then launched along with merchants, mobile operators, banks and payment companies in a phased manner. The trans-border company has discussed the idea with a few existing clients and the response so far has been encouraging, said Viswakumar. Researches suggest that mobile phones are fast replacing 300 billion paper coupons issued every year in the US. Brands such as Burger King, Dairy Queen, Victoria’s Secret, Unilever and ShopRite have starting using mobile coupons in various forms.

 

Source: Financial Chronicle

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Tech Mahindra ties up with WIN

Tech Mahindra has entered into an alliance with WINplc, a provider of interactive mobile information and entertainment services. Tech Mahindra will work with WIN to develop the company’s next generation mobile platform.

 

Under the terms of the initial agreement, Jagdish Mitra, CEO CanvasM (Tech Mahindra’s VAS subsidiary) said, “WIN has been a leader in providing VAS services in Europe and their expertise in delivering information and entertainment to mobile phone users in Europe has great replication potential and can be integrated into broader outsourced service offerings and other efficiency tools for large enterprises.”  WINplc CEO Graham Rivers said, “The initial project with Tech Mahindra will provide improved service set-up and monitoring capabilities, enhanced transaction reporting and analysis with significant improvements in capacity and throughput to support even more media and feature rich services.” “We will migrate all our existing customers across to the new platform in the next 12 months and also embark on a programme with Tech Mahindra to take our extended capability to a wider audience,” he added.

 

Source: The Hindu Business Line

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IT Cos eye govt’s Rs 40k-cr tech spend

The Unique Identification Authority of India (UIDAI) to be headed by Infosys co-founder Nandan Nilekani is the first in a series of such transformation projects being evaluated by India, as the government plans to spend up to Rs 40,000 crore over the next few years on information technology (IT). A national database for maintaining health records for patients, IT-led modernisation of India Post, a massive telemedicine project and a sophisticated technology platform for automating and integrating municipal councils across the country are among some areas where the government has already started pilot projects.

 

In a year when leading software export markets of the US and Europe are grappling with the economic recession, Indian government’s IT spend is being seen as the most lucrative opportunity for the IT vendors. While Infosys sees over $1 billion worth of projects in pipeline from the Indian market, others including TCS, Wipro and HCL are adding more capabilities for addressing the opportunity. “The government has completed a number of pilots and the focus is now on scaling these up,” Nasscom vice president Raju Bhatnagar said.

 

Source: The Economic Times

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Accenture 3Q Net Dn 5.4% on Lower Rev

Accenture Ltd. said its fiscal third-quarter earnings fell 5.4% amid weakness in both consulting and outsourcing, with clients wary of signing consulting deals and seeking to renegotiate existing contracts. But the company raised its fiscal-year earnings guidance and increased its operating margin.

 

Speaking on an investor call, executives said that they still saw considerable weakness in both parts of the business, and particularly in consulting. Clients have been cautious about signing deals, and have been seeking to negotiate down the value of existing deals, Chief Financial Officer Pamela Craig said. Chief Executive Bill Green said that there was a dearth of “transformational” consulting deals. But he said that new trends in technology, particularly cloud computing, would offer significant new opportunities for Accenture in the future.

 

For the quarter ended May 31, the company posted earnings of $444 million down from $469.1 million a year earlier. Revenue decreased 16% to $5.54 billion. Net revenue, or revenue before reimbursements, shrank 16% to $5.15 billion. In March, the company predicted revenue between $5.1 billion and $5.3 billion. Gross margin rose to 32.5% from 31.5% on improved outsourcing contract profitability. Consulting revenue fell 20%, while outsourcing revenue decreased 9%. In local currencies, the figures fell 9% and rose 3%, respectively. Net revenue in the European region fell the most, with a 23% decline. The company projects fiscal fourth-quarter revenue of $5 billion to $5.2 billion, below analysts’ predictions for $5.26 billion.

 

Source: The Wall Street Journal

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Nilekani to step down as Infosys board member, co-chairman

Nandan Nilekani is all set to step down as co-chairman and board member of Infosys Technologies after he takes over as the chairman of India’s national project for creating a database of citizens. On Thursday, Prime Minister Manmohan Singh invited Nilekani to become chairperson of the new organisation, which will spend around $6 billion on developing smart cards apart from a mammoth citizen database.

 

Nilekani will enjoy the rank of a cabinet minister, and will also cease to be board member of Infosys, the company he founded along with NR Narayanmurthy and six others in 1981. “He will cease to be member of the board because he cannot hold a position in the government and also remain a board member,” said TV Mohandas Pai, member of the board and director human resources, Infosys. This is not the first time Nilekani has been involved with a large project outside of Infosys. Few years ago, he co-founded and chaired the Bangalore Agenda Task Force (BATF).

 

The national ID card project is expected to provide an impetus to the domestic demand for information technology products and solutions, and will help companies such as TCS, Infosys and Wipro gain more business at a time when their top export markets of US and Europe are under recession.

 

Source: The Economic Times

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UBS puts BPO, KPO units on the block

Switzerland-based bank UBS is believed to have put its business process outsourcing (BPO) and knowledge process outsourcing (KPO) units up for sale. The bank, which has centres in Poland and Hyderabad, is in talks with Indian IT companies such as Infosys and Wipro, said a person familiar with the possible transaction. The UBS India Service Centre (ISC), along with its Krakow (Poland) centre, is valued at around $200 million, according to another source.

               

When contacted, Infosys CFO V Balakrishnan denied that they were in talks with UBS, while Wipro chief strategy officer and head of M&A KR Lakshminarayana declined to comment on the deal. A UBS spokesman in an e-mail response to ET said: “UBS continually seeks to explore commercial opportunities in all jurisdictions in which it operates that have the potential to be of benefit to the company and its component businesses. However, UBS remains committed to all its activities in India.”  Wipro, which had bought Citi’s captive technology arm in December 2008, is learnt to have started a preliminary due diligence of the UBS unit. Both Infosys and Wipro are IT vendors for the bank and provide software development services along with application and maintenance services.

 

Source: The Economic Times

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Atos Origin and PTC partner to deliver Product Lifecycle Management Solutions

Atos Origin, an international IT services company, and PTC, the product development company, announced they will partner to provide best-in-class Product Lifecycle Management (PLM) solutions for discrete manufacturing companies in the Aerospace & Defense, Industrial, Electronics & High Tech, Automotive, Medical and Consumer industries in Europe. The partners will focus on a consulting-led approach and exploit in-depth market knowledge to offer customers innovative, sustainable and results-oriented solutions that will reduce time to market considerably.

 

“We have been implementing best-in-class PLM solutions based on PTC’s technologies for over 10 years for a range of international customers including Ballast Nedam, Hansen Transmissions International, Hiab, John Zink, National Oilwell Varco, Thales Nederland BV, Verreries du Courval,” said Thierry Breton, Chief Executive Officer of Atos Origin. “We are very impressed with PTC’s technology and believe it to be the premier PLM platform due to its IT architecture and scalability, as well as flexibility in managing heterogeneous data,” Thierry Breton continued. “Working together, Atos Origin and PTC will offer customers innovative, sustainable and results-oriented solutions with a reduced time to market. This strategic agreement will position us as a leader in the Product Lifecycle Management market which shows considerable growth over the next few years”.

 

Source: Cad Cam News

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IT firms shifting more work to India to cut costs

Partly an answer to downturn, political pressure; trend should shift again, say analysts. To save costs for themselves and their clients, information technology firms in India have started increasing the work done from Indian shores (known as offshore). In some cases, these IT companies have even started calling back onsite (on foreign shores) Indians.

 

India’s largest IT firm Tata Consultancy Services (TCS), for instance, has called back over 1,000 employees as a part of its focus to increase offshoring work. Infosys Technologies and Wipro have called back a similar number. “We achieved our overall target of 45 percent offshore leverage, an improvement of 310 basis points on an annual basis from Q4 of ‘08 to Q4 of ‘09,” said a TCS spokesperson. Part of this gain is attributed to costs saved due to employees shifting back to India. Infosys, too — while posting its fourth quarter results — mentioned that in a survey among its customers, 22 percent said there will be a slight increase and 5 percent said there will be a more than 10 percent increase, in offshore spending.

 

Source: Business Standard

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