Wednesday, July 17, 2013


Tata Technologies inks MoU with BITS Pilani

Tata Technologies inked an agreement with Birla Institute of Technology and Science, Pilani, to design and implement specialised educational programmes for skill development of engineering professionals, students and faculty.

Tata Technologies would support the existing Birla Institute of Technology and Science (BITS) industry interface programmes, while the latter would run specialised programmes created with expert industry perspective and inputs from Tata Technologies, according to a release.

This will lead to specific degrees of BITS through its off-campus Work Integrated Learning Programmes (WILP), it added. 

LinkedIn study reveals why people hate their jobs

More or less everyone has a grudge or two against their job. LinkedIn has brought out some reasons as to why employees may be hating their job, the Huffington Post reported. A recent study by Dale Carnegie Training showed that nearly 75% of workers are not fully engaged at their jobs.

One of the major reasons is that an employee's friends are having an amazing experience at another company, which makes them envious. The transparency of employee benefits and perks at other companies can sometimes lead them to dream about working elsewhere.

Another reason could be that the workers believe that he/she is not valued.

A person also feels dissatisfied with his/her job if they find no room for advancement. Many workers feel stuck in their company, which often leads to job hopping.

Being paid less than what is deserve also leaves employee disenchanted with their work.

Rules can also ruin a team, as it becomes frustrating when an employee is not able their own decisions.

The passion's also vanishes sometimes, as there is a huge difference between living to work and working to live.

One of the primary reasons why people hate their job is that their boss sucks. Poor management can make even the most passionate and well-paid workers hate their job.

Indian techies bag first prize at Microsoft competition

Software giant Microsoft today said it has awarded India's Y-Nots the first prize in the Windows Azure Challenge at the 11th annual Microsoft Imagine Cup.

Imagine Cup is a competition for student technologists to create innovative projects and ultimately bring those ideas to market.

The winners were announced at the Imagine Cup Awards ceremony in St Petersburg, which was attended by over 800 students, judges, awards partners, among others. The ceremony was the culmination of a four-day competition, it said in a release.

Tuesday, July 16, 2013


India's 5 Best Tech Companies To Work For

A hefty paycheck and huge employee compensation won’t necessarily define the ‘desirability’ of a company in India’s star-studded IT sector. Being one of the most sought after fields by grads, these companies always hold something special to retain talents. From amazing work culture to perks, let’s check out what makes these 5 IT companies the best places to work for in India based on a survey by The Great Place To Work Institute.

#5 NetApp India
Business Description: NetApp provides integrated data storage solutions that enable customers to leverage virtualization, cloud computing and storage efficiency to improve their business
Location: Bangalore
Employees: 2,011
Gender Ratio: 1:4.22

NetApp is yet another company like Google, whose international facilities are well known for the best work culture. The company has a cross-functional team of employees called the Global Workforce Council (GWC) which keeps an eye on the talent issues globally. This council makes recommendations to the executive staff.

The NetApp office in India has ‘Wall Of Fame,’ which recognizes the employees who have filed a patent, awarded patent or recognized in any other way.

#4 SAS Institute – India
Business Description: Data warehousing solutions, BI solutions, analytical solutions, visual analytics engine, consulting services, customer support services, sales, marketing & alliances
Location: Mumbai
Employees: 593
Gender Ratio: 1:3.39

SAS might be the only company using ‘Optimum Reach’ model to train its candidates. More than 60 percent of the workforce is senior talent and hence anybody who had spent more than three years in the company will train the juniors.

#3 Tavant Technologies
Business Description: IT solutions
Location: Bangalore
Employees: 689
Gender Ratio: 1:2.7

Tavant Technologies is an IT Services and Solutions company founded by four Indians, after quitting Amazon. The company headquartered in California has its India headquarters in Bangalore.
Tavant has been recognized globally for its innovative solutions, people practices, growth and for its contribution to the open source forum.

According to Economic Times, the company has an interesting work culture. It allows employees to applaud for the work of others irrespective of team or geography.

#2 Intel
Business Description: Microprocessors, chipsets, motherboards, adaptors for desktops, laptops
Location: Bangalore
Employees: 3,472
Gender Ratio: 1:3.9

Intel, the world’s biggest chip maker is ranked second in the list of best IT companies to work for in India. The interview process in the company is not merely focuses on the knowledge part but also checks whether the candidate is a perfect fit.

According to Economic Times, there is a strict rule followed in Intel, which is ‘a new hire should never feel isolated.’

#1 Google India
Business Description: Search, YouTube, Gmail, apps, mobile, enterprise, social
Location: Bangalore
Employees: 1,503
Gender Ratio (F/M): 1:1.21

The Indian wing of international search giant Google, clocked in first on the list of best IT workplaces. Globally, Google is best known for its work culture, employee perks and the generous pay.

According to Google, the engineers at Bangalore office have worked on Ads, Enterprise, Geo and News products, search infrastructure and products for users in emerging markets.

Google’s Map Maker is a product of the Bangalore facility. Adding to the Bangalore, Google has offices in Hyderabad and Gurgaon.


Apple hiring smartwatch talent

Sources claim Apple is looking for help in getting its first wearable technology device ready for a 2014 launch. An article in the Financial Times claims that Apple has been encountering "hard engineering problems that they're unable to solve" and as a result is set to start recruiting new blood with wearable technology experience in order to get the so-called ‘iWatch' project back on track. According to sources quoted by the publication, Apple is aiming to get the product out by the end of 2014.

Most rumors surrounding the highly-buzzed device have pointed to a 2013 launch date as have similar reports focused on Apple's closest competitors, i.e., Microsoft, Samsung, Google and, to a lesser extent, LG, all of which have been officially or unofficially confirmed as developing similar devices for a 2013 launch.

If the report turns out to be accurate -- and the FT has a pretty good track record, being one of the first publications to report on iTunes radio and the obstacles it was encountering -- Apple will also have the benefits of seeing what the competition is up to and tweaking its device to suit. However, with the current rate of consumer technological advances, the wearable computing may already be mainstream by the time the iWatch launches.

BlackBerry plans more layoffs, fired U.S. sales chief: report

The ailing smartphone maker is eyeing additional layoffs beyond the 5,000 announced during its previous fiscal year, says The Wall Street Journal. BlackBerry is eyeing another round of layoffs as part of its ongoing restructuring, according to The Wall Street Journal.

Citing "people familiar with the matter," the Journal said Wednesday that the job cuts would affect middle management across the sales and support divisions. The new layoffs would come on top of the 5,000 cuts planned during the company's last fiscal year.

One person already hit by a job loss is Richard Piasentin, BlackBerry's vice president of sales in the U.S. The Journal's sources say the U.S. sales chief was fired in June. A BlackBerry spokesman confirmed Piasentin's departure to the Journal but declined to comment about any layoffs.

How to prepare for a video job interview

Discussing your qualifications for a new job via a video interview sounds easy enough and even appealing. No worrying if your palms are clammy when you shake hands, since you won't be shaking hands. You don't have to travel farther than your own home. As long as you look presentable from the waist up, you could even skip a shower and interview in sweatpants.

But interviewing over video and doing it well can take more preparation than an in-person meeting. After all, if you are not looking at the camera properly, you may come off as distracted or unhinged. If the video set-up is poor, you appear technically incompetent. Your smudged walls or home office clutter may suggest things you do not wish to convey about your work habits.

Read more @

Firms target social, professional networking sites for hires

Companies are increasingly tapping the social and professional networking websites to find right talent in India and abroad, says a new survey.

Further, more than half of the talent acquisition leaders in India surveyed by professional networking site LinkedIn are planning to hire more people in 2013 than last year.

The findings are based on 'LinkedIn Recruiting Trends' survey that covered 3,300 talent acquisition leaders across 19 countries. From India, there were about 274 respondents.

"Since 2011, there has been a 20 per cent increase in recruiters considering social and professional networks as a key source to find quality talent; at 41 per cent in 2013 compared to 21 per cent in 2011," LinkedIn said today.

Globally, one of the key trends in the eyes of recruiters is that social professional networks are increasingly impacting quality of hire.

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Infy, iGate others in queue for Rs. 1,00,000-cr govt IT contracts

While visa restrictions and business slowdown pose challenges in their traditional strongholds, such US and Europe, upcoming mega government projects seem to offer a degree of comfort for the Indian IT companies.

Indian IT service companies TCS, Infosys, HCL, Wipro, Tech Mahindra and iGate and multinational companies such as IBM, Accenture, HP and Dell are vying for a sizable pie of various e-governance projects, the total cost of which would run into anywhere between Rs. 80,000 crore and Rs. 1,00,000 crore.

“For Indian IT industry, the government continues to be the major source of business,” said CN Raghupathi, vice-president, India business, Infosys. “With various e-governance initiatives at its nascent stage, the opportunity is enormous.”

“The rollout of Aadhar itself provides a lot of opportunities,” said Apporva Ruparel, head, India business, iGate. “There are 17 categories of direct cash subsidy… to be rolled out in 643 districts. In value terms this would throw up a huge number.”

Apart from Aadhar, various Central and state e-governance projects, such as digitisation of land records, implementation of smart-grids in electricity distribution companies and the computerisation of state treasuries will result in sizable contracts.

Tamil Nadu has finished bidding process for computerisation of its state tax department. Other states including Maharashtra are soon expected to come up with bids. For the smart-grid implementation, eight bids are underway.

All this does not necessarily mean a smooth flow of business for IT companies. "There is a fair degree of unpredictability as these are government projects," said a senior executive, who wished to be not identified.

The government is expected to play a major role in the future of the Indian IT market.

India’s IT market is expected to grow from $10.3 billion (Rs 61,800 crore) in 2012-13 to $13.4 billion (Rs 80,400 crore) this year, and to touch $20 billion (Rs 120,000 crore) by 2020.


iGate Gets 5-Year $100M Outsourcing Order from US MetLife

Outsourcing services company iGate Corp. (IGTE) Tuesday said it has received a five-year contract worth more than $100 million to offer information technology infrastructure solutions to U.S. life insurer MetLife Inc. (MET).

As part of the deal, iGate said in a statement, it will manage the IT systems of the U.S. company and provide applications support and enterprise network services. iGate is U.S.-based and listed on the Nasdaq Stock Market, employing 28,000 people, mainly in India.

Some parts of the contract were previously managed by a major U.S. IT services company and one of the top Indian outsourcing companies, Sanjay Tugnait, executive vice president and head of sales for North America at iGate, told the Wall Street Journal.

iGate, which already has a 10-year outsourcing partnership with MetLife, said the deal will be based on a business model where the company charges the client using an outcome-based pricing approach.

It's Official; Tech Mahindra Completes Merger of Satyam

Once a darling of the Indian IT sector and the stock market, the scam-hit erstwhile Satyam has formally ceased to exist as an individual entity by formally merging with Tech Mahindra.

Its journey saw a fraud bringing down the company's valuation by over 95 per cent within weeks, while a subsequent revival brought in an over 10-fold surge from the dumps.

Still, it is the remains of this once scam-hit company on which its saviour Tech Mahindra will bank upon significantly to move up the ladders of the Indian IT sector charts, say industry experts.

IT industry will grow 13-14%: Som Mittal

Software industry body Nasscom expects the country's information technology (IT) services sector to grow 13-14 per cent in the current financial year and to touch $225 billion (Rs 13.22 lakh crore) by 2020. Speaking to reporters after addressing Nasscom's EmergeOut Conclave here, the industry body's president, Som Mittal, said the sector had been growing at a compound annual growth rate of 12-13 per cent till two years earlier, and reaching the $225 billion target was not impossible.

The first main driver will be new geographies. At present, the US, the UK and other European markets contribute to around 90 per cent of the total business, while other markets, including India, China and Latin America, contribute the rest.

"Only three per cent of the business we do in China and Japan, which shows there is plenty of opportunities in those markets," said Mittal. Many small companies have now started focussing only on these markets. "Our estimate is that around 20 per cent of the business would come from new geographies by 2020," said Mittal.
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Infosys eyes IT, BPO arms of European companies

Infosys is looking to acquire technology and back-office services arms of European companies as they open up to the idea of outsourcing such work with an eye on cutting costs. The deals that Infosys is chasing could give it committed business worth $40- $250 million (Rs 240 crore-Rs 1,500 crore) over three to five years, the Europe head of India's second-largest software firm said. Such transactions typically involve upfront payment for buying the facilities of corporations as well as taking over their employees.

"There are quite a few opportunities we are participating in. For clients, it is about cost-optimisation but at the same time they don't want employees to be impacted," said InfosysBSE -0.01 % board member BG Srinivas, who also heads the financial services business division. "We are open to rebadging employees because we are continuing to invest in Europe."


Wipro BPO win Best Project with Organizational Impact Award

Wipro  Ltd., a leading Global Information Technology, Consulting and Outsourcing company announced that the American Society for Quality (ASQ) has recognized Wipro BPO for a Six Sigma Project implemented for a customer. The project was recognized by ASQ and voted on by attendees of the 2013 World Conference on Quality and Improvement as Best Project with 'Organizational Impact' at the International Team Excellence Awards, Indianapolis, USA.

The awards recognize and commend the impact of quality on customer relationships. The finalists of the "International Team Excellence Awards" comprised of 32 teams from across the world and global organizations spanning industries including Automobiles, Manufacturing, Pharmaceuticals, Financial Services & Insurance, Telecom, Military, Energy, Housing and ITeS.

Thursday, July 11, 2013

HCL Technologies may lay off over 100 employees in Finland

Noida-based HCL Technologies may lay off some employees in Finland. These employees are among those who were servicing phone maker Nokia from its on-shore centres.

The company had entered into a long-term agreement with the Finnish mobile phone manufacturer for a global IT infrastructure management outsourcing services in January.

“There could be some lay offs. We will take around six weeks to decide and comply with all the formalities under the European law,” a HCL Technology official told Business Line on request of anonymity.

An official statement from the company said “Any change to requirements in client projects is essentially a matter of discussion between HCL, its client(s) and unions where needed. We do not respond to speculation on such matters.”

According to sources, the lay off numbers may be little more than 100. The company did not give the total number of employees working across Finland.

Tata Consultancy Services (TCS) was also part of the service agreement with Nokia. This was part of the phone maker’s plans to cut over 1,000 IT jobs, including 820 employees who were transferred to HCL and TCS. Earlier this month, TCS had said it may lay off around 290 employees working for Nokia.


NAB culling IT jobs: Australia

NATIONAL Australia Bank has been urged to be more transparent with redundancy figures amongst technology workers with unions confirming more than 90 jobs have been affected.

The Australian yesterday reported that NAB staff sources and management were at odds with the number of technology roles impacted by a move to outsource IT testing to Infosys.

NAB said 26 people have been made redundant but some affected staff say it's about 95 workers.

The cuts have affected all parts of the group, including its wealth management arm MLC.

Finance Sector Union national assistant secretary Geoff Derrick said: "we have heard from our members that their work is being outsourced (to Infosys) and probably offshored".

Mr Derrick said more than 90 people are affected but "not all in one go", a view shared by affected employees who spoke to The Australian.

NAB workers have been conducting "knowledge transfer" sessions with Infosys and they would be let go once that was completed, he said.

Mr Derrick said the union was having difficulty getting a straight answer from NAB on whether local jobs would be sent overseas.

Telstra to outsource 170 jobs to Infosys

Telstra will outsource the roles of 170 full-time staff and 90 contractors from one of its fastest-growing business units to India, with Indian supplier ­Infosys understood to be picking up the work.

The redundancies from Telstra’s network applications and services division announced on Tuesday are the latest in a series of staff cuts at the telecommunications giant. In May, it indicated plans to overhaul its 15,000-strong internal operations divisions.

The NAS division, which generated $636 million in revenues in the half-year ending December 31, 2012, sells services such as cloud computing and video conferencing. It is Telstra’s fastest-growing segment with plans to increase the business in Asia.

Source: BRW

Rise in H-1B must for US economy: 100 IT CEOs

More than 100 top American CEOs from technology sector, including those from Facebook, Google and Microsoft, have appealed to the Senate to approve the comprehensive immigration bill, which they said will open a new path to the country's innovation and economic strength.

In a letter to all members of the Senate, the CEOs said they strongly believe the reforms in the bill, that impact high skilled immigration including key improvements in the availability of both green cards and H-1B visas, will help address the national talent shortage in the near-term.

In addition, it will also create a long-term pipeline of American workers through establishing a much-needed new fund for science, technology, engineering and math (STEM) education, including computer science education, said the letter from more than 100 executives from the technology sector and leading innovation advocacy organisations.

The comprehensive immigration bill (S.744) will also protect and better prepare American workers, and enable employers and entrepreneurs of all sizes in every state to recruit and retain the world's best talent, the letter said.

"Senate approval of S.744 is essential for our economy to continue to foster innovation and invigorate many US business sectors through an educated and highly skilled workforce of domestic and foreign-born talent," it said.


Worried Indian IT companies hope for softer version of Immigration bill

The US Senate has approved a bill which could result in adverse consequences for India's information technology industry, but software companies are hoping that the final version will not be too harsh for them.

In a clear sign that the last word on the issue has not been said, there was good news for Indian IT from the lower chamber of Congress - the House of Representatives' judiciary committee approved an immigration bill focussed on high-skilled workers that is favourable to the software industry.

The bill was passed on Thursday with support from Republicans, hours after the Senate approved a bipartisan immigration reform bill with provisions to make temporary work visas harder and costlier to obtain.

A bill becomes law after it is passed by the House, the Senate and is signed by the president.

Zensar in acquisition talks with two US firms

Outsourcing services provider Zensar Technologies is in acquisition talks with at least two US-based companies to boost its offerings in its largest export market.

A deal could cost Zensar between $20 million and $50 million, its chief executive officer, Ganesh Natarajan, said in a phone interview from the company's headquarters in Pune.

The Indian company, being advised by boutique financial advisory firm The Chesapeake Group, is talking to firms specializing in either managing large, complex computer networks or providing business software management consultancy, he said.

A possible acquisition could add 150-200 local staff in the computer networks area, or about 60-70 consultants specializing in the use of business management software from SAP, Natarajan said.

"We've been at it in the last four months... if we get the right fit, we can certainly do it during this year," he said.

Australia's new visa restrictions to hurt Indian IT companies

Australia has followed the United States and Canada in tightening up its work visa programme, hurting Indian IT firms who now cannot place workers using the visas at client sites and must advertise in Australia to prove there is a genuine skill shortage.

Nomura expects the new rules to affect Indian IT companies' time and materials contracts and increase the amount of planning and time taken to obtain a visa. The companies will have to justify the number the number of visas required and provide workers on the visas with employment terms and conditions similar to those offered to Australian workers.

Infosys and Satyam, owned by Tech Mahindra, have the highest exposure to Australia, with about 8-9% of invoices coming from the continent, Nomura analyst Ashwin Mehta said in a note to clients.

Tata Consultancy Services has also been dragged into a visa row in Australia. A former employee was quoted by a local TV channel ABC as saying that TCS abused that country's work-visa scheme by not making an honest attempt to hire qualified local citizens, and instead bringing in Indian engineers on visa. TCS said those allegations were "completely false and inaccurate" and that it was fully compliant with the visa rules. 

Indians Are Workaholic, Checks Work Emails On Vacations Too

Indian professionals are workaholic and check work related emails on their vacations too, according to a latest survey conducted by travel portal, reports Times Of India. The survey carried out by TripAdvisor on what the professionals do when they are on a vacation trip has come up with quite a surprising results. Among the top three things in the must-do list were eating out at popular restaurants in the city (78 percent), visiting local tourist spots (75 percent), catching up with friends in that city (66 percent). And surprisingly, Indians preferred friends over relatives, to hangout out with, on their travel. The survey was conducted among 1500 actively employed professionals of whom over 75 percent travel often or occasionally for work.

Another find is that, Indian professionals are most addicted to work with a whopping 82 percent admitted to checking work e-mails while on vacation.

Best Job Search Websites In India

There are many websites in India that caters to the people in need for a job. They do more than just provide a database of job listings to search however. Many of them host your résumé and try to make it as visible as possible to employers looking for the perfect staff. Some even take advantage of social networking to get your foot in the door. So which one will you select? To help you out, here is the compilation of 7 best websites that differ from others on the very base of credibility.

Robert Hellmann, the author of Your Social Media Job Search, in an interview with Forbes, recommends that your job hunt consist of 80 percent personal networking, 10 percent talking to headhunters, and only that last 10 percent for online searches and applications.

Read on to know the list as compiled by PCMag.

#7 Glassdoor
Glassdoor is a free jobs and careers community that offers the world an inside look at jobs and companies. The site offers "employee-generated content" – anonymous salaries, company reviews, interview questions and more – all posted by employees, job seekers and sometimes the companies themselves. Now with nearly 3 million salaries and reviews, you have all the information you might need to make your next career decision.

With Glassdoor's proprietary JobScope technology, job seekers have a new way to browse job listings and get instant, in-depth details for any job listing. It also offers detailed information about specific jobs at specific companies – all free.

#6 Simply Hired
“Looking for a job shouldn't be a full-time job! That's why we built the biggest, smartest job search engine on the web. We search thousands of job sites and companies, so you don't have to,” the site states. Besides making things easy, Simply Hired also connects your social networks with job search. Its “Who Do I Know” feature allows you to discover your friends and personal connections at each company alongside your job search results.

Similar in look and feel to Indeed, Simply Hired pulls listings from thousands of sites across the Web, including job boards, company career sites, newspapers, non-profit organizations, government sites, and more. Creating an account allows you to name, save, and manage searches; manage email alerts; revisit jobs you've already viewed; rate and save notes about jobs you've viewed; and block specific companies or sites from showing up in your searches. Simply Hired's frequently updated blog offers excellent advice for job seekers.

#5 LinkedIn
This largest network of professionals in the world sure is a place to hunt for a job. As a LinkedIn member, you'll join 225 million other professionals who are sharing connections, ideas, and opportunities. So your profile is essentially your résumé, listing all your work experience and skills, and connecting you with contacts. Employers can list jobs on the site to recruit the best candidates, the listings are available for you to search, and of course, it's a great site for investigating potential employers. Some companies will let you apply with nothing more than your LinkedIn profile. If you see one of your LinkedIn connections is LinkedIn with someone at a company you're applying to, you can ask them to introduce you. LinkedIn's ability to connect you to others in your field (and beyond) makes it arguably the strongest job search weapon in your arsenal.

#4 Craigslist
The site hosts local classifieds and forums - community moderated, and largely free.Jobs, housing, goods, services, romance, local activities, advice - just about anything really. Though you can't sign up for email updates or post your résumé—but Craigslist certainly has plenty of jobs to offer and it specializes in finding openings in your vicinity. Listings aren't pulled in from other aggregator sites; they're all individually posted by employers. Jobs categories can be pretty broad though, so the downside is you may have to look harder to find that perfect position.

#3 Monster
It is the oldest of all job search engines in the world, and was launched almost 20 years ago. Internationally known and highly regarded, it lists hourly, part-time, and full-time jobs in practically every career field. But it's more than just a search site; Monster also provides tons of articles with advice for getting the most out of your job search, your résumé, interviews, and your career. The privacy feature that blocks specific companies from seeing your résumé is a lifesaver if you don't want your current employer to know you're looking for a new job. Monster is also the owner of the BeKnown service/app for Facebook, which puts your job search front and center on the world's biggest social network.

#2 CareerBuilder
CareerBuilder is one of the India's fastest growing online job site. It has more than 23 million unique visitors a month. It reaches top job seekers across India, including: Delhi, Mumbai, Pune, Bangalore, Chennai, Calcutta, and Hyderabad. It is based on the motto “Employee-Driven. Customer-Focused.”

You can store up to five résumés and cover letters publicly or privately, and create up to five personal search agents to receive emailed job listings daily or weekly. If you're unsure about where to start, upload your résumé to CareerBuilder and the site will scan it and match jobs according to your experience. If you don't have a résumé, simply search for jobs within CareerBuilder and the site will recommend positions based on your experience.

#1 Indeed
Indeed is top job site in the world, with over 80 million unique visitors and 1.5 billion job searches per month. Indeed is available in more than 50 countries and 26 languages, covering 94 percent of global GDP. It is based on one motto “One Search. All Jobs.”

The site is totally free to join and has listings aggregated from thousands of company websites and job boards across all fields. If you're not sure where to start, Indeed has tips to help. You don't even have to keep revisiting the site; it will help you set up searches that arrive in your inbox, or you can paste a URL for search results into an RSS reader for a constant feed.

Why it's not business as usual at HCL Tech

HCL Technologies is running an internal campaign whose goal is to bring the mindsets of the company's top executives in line with the fundamental changes in the global technology outsourcing market.

Called Reset, the initiative is meant to drive home the message that it is not business as usual and that organizations such as HCL Technologies must acknowledge and be able to respond to clients who are no more looking for discrete technology components, but want technology to deliver concrete business value.
Read More at 

Why Infosys is losing momentum in every vertical

Infosys's overall revenues dropped below that of Cognizant last year. But what must be worrying the IT company more is its loss of momentum in almost every vertical. And in both its flagship verticals - BFSI (banking , financial services & insurance ) and manufacturing - its rank has dropped.

In BFSI, Infosys's revenue in the March quarter of fiscal 2011 was $571.9 million and this grew modestly to $657 million in March 2013. But Cognizant's revenue grew from $570 million to $855 million in the same period , pushing Infosys to No. 3 in that space. In fact, Cognizant surpassed Infosys in this vertical in the June quarter of fiscal 2012.


India, China to have most software developers by 2019

According to the recently released Evans Data Worldwide Developer Population and Demographics Study, the total developer population worldwide is expected to increase to 26.4 million by 2019, up from 18.2 million today.

The strongest growth is expected in the APAC region with India and China leading all countries in expected developer population growth.

Russia is also expected to provide strong growth and dominate the Eastern European region. Slower growth is predicted for North America and Eastern Europe, while Latin America is expected to continue on a moderate growth cycle.

"APAC has shown the strongest growth for several years," said Janel Garvin, CEO of Evans Data. "India is, of course, the main powerhouse that's driving such a strong surge in developers in that region, but China is also starting to come online and we expect that once it hits its potential China will become a rival to India on sheer numbers of developers," added Garvin.

The Worldwide Developer Population and Demographics Study is the result of exhaustive secondary research from respected sources including the World Bank data center, CIA World Factbook, US Census, Mobile World Congress, International Monetary Fund, National Bureau of Economic Research (NBER), and numerous other regional and country-specific sources.

These data inputs are combined in a proprietary computer model to forecast population growth in the coming years. Additionally, Evans' Global Development survey is over-layered on the population model to predict number of developers using a particular platform or language or adopting a particular technology.

Wipro BPO rated among top global F&A service providers

Software services major Wipro today said its BPO has been rated among the top global Finance and Accounting (F&A) service providers by analyst firm HfS Research.

Wipro BPO has been positioned among the top worldwide Finance and Accounting service providers by HfS Research in its "Blueprint Report on Finance and Accounting BPO", authored by analysts Phil Fersht and Brian Dubiel, the company said in a release.

The report credits Wipro for its long standing reputation for delivering BPO competency particularly in F&A, price competitiveness and solution flexibility along with experience in providing end-to-end support for F&A services.

It also mentions the company's strong passion and capabilities in developing technology platforms to support BPO prowess.

Wipro in a release said: "The report ratings are based on a broad range of stakeholders with specific weightings derived from 1,355 crowd-sourced responses that include buyers, service providers, industry influencers (sourcing advisors), sourcing executive council members and analysts.

Jobs fair and unemployment info sessions planned for laid-off IBM workers

The state is offering more unemployment information sessions and now a job fair for laid-off workers from IBM and other Vermont businesses. All events will be held at the Sheraton Hotel and Conference Center in South Burlington.

The Rapid Response unemployment information sessions are scheduled back-to-back for Thursday: two morning sessions from 9 to 10:30 a.m. and 10:30 a.m. to noon. Workshops will include resume writing, interviewing skills and information on financial restructuring after a layoff, according to a news release from the Vermont Department of Labor.

An Employer and Training Provider Job Fair is scheduled for 9:30 a.m. to 2:30 p.m. Monday. A list of employers planning to attend was not available as of publication time; booths will include employers, training service providers, financial advisers and health care program representatives.

Read more at:

IBM’s new Morocco centre to create 400 jobs

IBM has announced a new Global Delivery Center in Casablanca that will create up to 400 IT roles in Morocco over the next three years.

The center will enable IBM to deliver a range of innovative technology services to clients in Morocco and across French-speaking Africa. It will also offer IBM clients in the region high value application development, application maintenance and systems integration services.

It will address the increasing demand for flexible software capability to harness the benefits of emerging technologies such as big data, cloud and mobile. IBM is working closely with the Moroccan government and local universities, and the Center is expected to help stimulate economic activity in the country.

Microsoft headed for big management shake-up?

Microsoft will unveil its biggest management reorganization in at least five years, to better compete in a world of mobile devices and web-based services, according to the technology blog AllThingsD.

The changes will shift the duties and responsibilities of many top Microsoft executives and are intended to eliminate overlap within the 98,000-employee company, AllThingsD reported on Monday, citing anonymous sources.

A new cloud computing and business-focused products unit would be headed by Satya Nadella, who currently oversees Microsoft's server business, according to a Bloomberg report last week. Julie Larson-Green, the current co-head of Microsoft's Windows operating system business, will lead the company's hardware efforts, including the Xbox video game console and the Surface tablets, Bloomberg said.

IBM, Jet Airways sign 10-year call centre deal

IT giant IBM will manage the customer call centre, including providing improved analytics capabilities and a 'refreshed' IT infrastructure, for Jet Airways, India's second-largest airline by passengers carried, the two companies announced.

Under the 10-year contract, IBM will provide contact centre and back-office services for the airline's 11 lines of business such as domestic and international reservations, Jet Privilege program, cargo, refunds and helpdesk services. The arrangement is an extension of their three-year relationship under which Jet says the IBM helped transform its core IT Infrastructure.

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