The IT budgets for 2012 may remain flat or even decline marginally, but the silver lining for the Indian IT services players is an increasing component of offshoring in the overall budget.
Microsoft's interactive self-service assets (client, people and technologies) are to be merged with 24/7 Customer, to be now known as 24/7 Inc.
Global IT major HP is understood to be in the last leg of lapping up the largest of the eight contracts under the India Post IT modernisation programme. The deal is estimated to be in excess of Rs 1,000 crore, making it one of the largest e-governance contracts in India.
They are realising unstructured data generated from social media and mobiles is vital for business decisions.
Aim is to drive accountability and bring the organisation closer to the client.
The corporate affairs ministry has mooted the idea.
According to highly-placed sources in the company, Sanjay Purohit, vice-president and head of corporate planning and business assurance at Infosys, has been appointed as head of innovation.
Industry chieftains, strategists and analysts were unanimous that a slowdown, if at all happens again, won't affect the prospects of the $17-billion industry.
Both these roles were handled by Laxman K Badiga, who took 'voluntary retirement' earlier this month after over three decades of service.
T K Kurien, CEO, IT business of Wipro, throws light on the company's strengths of weaknesses and its strategy.
With the appointment of Mahendra Kumar Sharma, former vice-chairman of Hindustan Unilever Ltd, as an independent director of Wipro, it is clear that the tech giant wants to strengthen its corporate governance practices.
The company has separated SMB, earlier part of its consumer division, to make it an independent business.
Wipro is trying to strengthen its presence in the banking, financial services and insurance (BFSI) segment by increasing its revenue share on par with other leading Indian information technology (IT) service companies.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
Banerjee was one of the people instrumental in shaping the future of Wipro's IT business in its early days.
The UPA government looks set to give the contract a decent burial and, in turn, redeem ISRO and itself.
This is where 300-odd executives of Infosys and 30 I-T officials, headed by commissioner Sanjai Kumar Verma, process all I-T returns filed electronically (e-filing) across the country and all paper filings of Karnataka.
In April 2008, Wipro's technology business saw one of its biggest churns in the wake of the appointment of Girish Paranjpe and Suresh Vaswani as joint CEOs under an experimental management structure devised by Chairman Azim Premji.
Information technology companies in smaller cities are forming regional associations to attract investments and get their demands fulfilled at the local level, as industry body Nasscom is unable to spread its wings in many such cities. Smaller companies in places such as Bhubaneswar, Coimbatore, Madurai, Kozhikode, Ahmedabad, Kochi and Thiruvananthapuram have created regional fora to sell their locations and also lobby state governments.
The Indian PC market is all set to witness double digit growth in 2010. Backed by increasing demand from the consumer segment, major PC vendors like Dell, HCL, Lenovo and Acer expect a surge in sales, especially during the festive season.
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