Newsletter - IT Sector

19 Feb 2011: Accenture will increase India market focus, says new MD 

Accenture sees a big opportunity in India with the aspiration of local companies to go global at an all-time high. 

Accenture India's new managing director Avinash Vashistha said that clients globally had matured and their expectations too had changed. "They are looking for better insights and specific business outcomes of high value. Indian customers are no different and they too want to grow quickly and become global. This means a huge opportunity for us across multiple businesses," he said. 

Sudin Apte, CEO of offshore advisory firm Offshore Insights, says Accenture has been ramping up its country market focus, “though the company has remained selective and picky on customer acquisition, mostly preferring bulky orders”. He expects a great deal of MNC focus in the times to come on verticals like telecom, healthcare, oil and gas, insurance, education and government. 

18 Feb 2011: New segments to bring 80% fresh opportunities in IT 

Apex software industry body Nasscom said that 80 per cent of the fresh opportunities for India’s  IT and ITeS sector this decade (2011-2020) are going to come from new geographies, verticals and customer segments. 

Nasscom President Som Mittal said the US would continue to be a large market for India's IT companies, noting that revenues from here grew faster than the industry average last year.

Mittal said Nasscom is working with automotive and textile clusters to encourage adoption of IT by small and medium enterprises. "With cloud (computing services) coming in, it's possible to offer IT at a very reasonable cost".

17 Feb 2011: Infosys accounts for 18% of Kerala's IT exports 

Infosys' operations in the Technopark campus accounted for exports worth Rs.427.79 crore, contributing to 18 per cent of the state's IT exports for the fiscal year ended 2010. The new block that was opened has the capacity to seat 1,600 employees and has seen an investment of Rs.180 crore till date. 

17 Feb 2011: Google feels 'sorry' for Nokia-Microsoft 

Google chief Eric Schmidt has said that he felt "sorry" for Nokia striking a partnership with rival Microsoft, that would see the Finnish handset maker adopting Windows platform for its smartphones. 

However, Schmidt said that Google would like Nokia to adopt its Android operating system at some point in the future. 

16 Feb 2011: Everonn ties up with Microsoft for IT Academy Learning solutions provider Everonn Education Ltd said it has tied up with Microsoft Corp for the latter's IT Academy programme, aimed at training educators and students on Microsoft technologies. 

Through this partnership, the combined objective is to train and certify 300,000 students in three years, Everonn said.

16 Feb 2011: Hexaware says close to sealing 5-6 deals of $25-30-mn each 

IT major, Hexaware Technologies, is pursuing about half-a-dozen deals in the range of $25-30-million and hopes to seal at least a few in the next three-months. These are in the company's core business segments of travel and transportation and capital markets, and the customers are US and Europe-based.

16 Feb 2011: CMS Info Systems bags Rs 300-cr order from BSNL 

CMS Info Systems, an IT services vendor, has landed a 300 crore contract from Bharat Sanchar Nigam Ltd (BSNL) to centralize the state-owned telecom company's billing system.

15 Feb 2011: Aptech enters into tie-up with Microsoft for learning material 

Computer education firm, Aptech, on Tuesday entered into a tie-up with world's top IT firm Microsoft to launch embedded courses and certification to its students. 

15 Feb 2011: IBM plans to have 47 offices in India by 2013 

With focus on the small and medium business (SMB) segment, IT giant IBM today said it plans to have 47 branch offices in India by 2013. About 15-17 branches shall be added every year. The company aims to accelerate sales by opening more branch offices in Tier-II and Tier-III cities and leverage from the local market eco-system.