Wednesday, June 1, 2011

IT News Head Lines (InformationWeek) 01/06/2011





Software piracy caused tax loss of USD 866 million to Indian Govt in 2009: Study
An IDC whitepaper finds that only one-third of the overall PC software revenues are captured by the industry incumbents and the rest are lost to software piracy

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Persistent Systems all set to acquire Agilent Technologies
Subject to customary closing conditions, the acquisition is expected to be final by August 1, 2011.

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EMC and Cisco launch Cloud Experience centers in India
The two vendors will work together to engineer solutions for the Indian market

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Serco acquires Intelenet for 385 million pounds
The acquisition will provide Serco access to international and domestic Indian BPO markets which are forecasted to grow at 15 percent per annum

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Indian branded tablets are here. Any takers?
The local market for tablets is set to get very competitive as traditional Indian PC manufacturers launch their brands here

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‘AIX has come a long way’
IBM's AIX has come a long way. In 2011, it completed 25 years. Viswanath Ramaswamy, Country Manager, Power Systems, Systems and Technology Group at IBM India/SA, talks to InformationWeek about the evolutionary journey of AIX over the years

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IBM rolls out new SmartCloud platform for Indian enterprises
The platform is specifically created to help businesses take advantage of shared cloud services to drive efficiencies, manage costs and speed-to-market to meet the growing demand of Indian businesses

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‘GRC frameworks must keep pace with changing regulatory scenario’
Recent incidents of scams in India have brought into sharp focus the importance of regulatory compliance. To understand how Indian enterprises are dealing with regulatory issues, InformationWeek caught up with Prabhat Gupta, Head Regulatory Specialist, Wolters Kluwer Financial Services, India. Gupta shares his perspective on the regulatory scenario in India, and the level of preparedness that Indian firms have for handling existing and emerging risks

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Embedded systems market in India to touch USD 14.4 billion in 2015: Nasscom-Zinnov study
The study named “Embedded Systems Opportunity: Powering Indian IT up the Value Chain” gives a detailed analysis of the current embedded systems market landscape, emerging technology trends & opportunities, and new markets-verticals that are likely to shape the future of the industry

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Hexaware bags USD 25 million RIMS order
With this win, the IMS practice headcount is set to cross 500 employees

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Virtual Office solution simplifies work
The CVO solution provides secure, rich network services to workers at locations outside the traditional corporate office

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Video Touch Mart boosts revenue at Intelenet
The solution has provided the company incremental revenue of Rs 3 lakh per client

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