The domestic business intelligence sector is fast outgrowing its infancy, thanks to an increase in mergers and acquisitions.
However, projections made over the last few years indicate a compound annual growth rate (CAGR) of 80-90 per cent. Research firm TPI believes this is "not easily achievable".
Paris-based IT major Capgemini is scouting for three more acquisitions amounting to over $1 billion (around Rs 4,300 crore or Rs 43 billion). It is looking at the business process outsourcing (BPO), product engineering and local consulting space.
The salaries of hardware engineers in the Indian information technology industry have nearly doubled over the last two years and yet the exodus to software continues, according to an Elixir Web Solutions survey.
Both Indian and MNC IT majors are hiring big time, expressing their confidence in the Indian economy and outsourcing/offshoring growth story.
Motorola, the world's second largest mobile manufacturer in the world, plans to continue to offer cheaper phones in the emerging markets even as there are reports that it may register losses in its first-quarter results and cut its sales forecast.
Cellphone users are unaware that there are almost 200 viruses that can get into their phones, and wipe out the entire address book, data and music files while they perform an everyday tasks.
The current level of automation available in the Indian call centre industry is very rudimentary with only the language assistance interface or the first level of the call being automated.
A professor feels the use of chips among patients can do wonders but he also believes the usage should not be restricted to therapeutic use only.
It is too late to devote resources to chip manufacturing. India, instead, should explore opportunities in solar energy, where entry barriers are low and end-products are sold like commodity, states a JP Morgan report.
Thousands of robots which were confined to research labs in India, are now finding their way into schools and engineering colleges.
The Mumbai marathon is set to embrace technology.
Domestic IT services company Paradyne Infotech is in the final stages of acquiring a US-based software services company with a turnover of around $10 million in the last financial year, a source said.
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