Archive for December, 2009

HP Accelerates Cloud Computing Adoption for Businesses and Service Providers

December 16th, 2009

HP (NYSE: HPQ) today announced three new offerings to help businesses and telecommunication service providers realize the benefits of cloud computing faster while optimizing costs and mitigating the risk of adoption.

“CIOs understand the potential business benefits of cloud computing but are challenged with how best to manage the risks associated with adoption”

Research conducted on behalf of HP shows that more than 90 percent of senior business decision makers believe business cycles will continue to be unpredictable in the next few years. As a result, 75 percent of the surveyed chief information officers (CIOs) acknowledge the need to invest in more flexible technology, be able to scale it up and down rapidly, and communicate faster with technology partners.

HP is addressing this need with a new set of offerings that enable businesses and service providers to lower barriers and accelerate the time to benefit of cloud computing adoption with the following key advantages:

Elasticity – rapidly respond to changing business needs with seamless and automated provisioning of cloud and physical services;

Cost control – optimize and gain predictability of costs by ensuring that cloud compute resources are “right sized” to support fluctuating business demands; and

Risk mitigation – Reduce manual errors, non-compliance and business downtime through automated service provisioning.
With its new offerings, HP will:

Help businesses govern and manage cloud services using HP Operations Orchestration and HP Cloud Assure for cost control; and Enable providers to deliver cloud services with HP Communications as a Service.

Source : http://eon.businesswire.com/portal/site/eon/permalink/?ndmViewId=news_view&newsId=20091216005328&newsLang=en

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Logica revamps order processing across Europe

December 16th, 2009

IT and business services company Logica has selected a new system for order to cash (O2C) processing for order-to-cash processing across its European operations.

Logica said it expects to handle five million O2C transactions annually using the Brainware Distiller system.

“After analyzing the market, we recognized that there was a dearth of solutions to help customers efficiently integrate their O2C operations and ensure the accuracy of their order and billing data. Traditional, manual methods for processing orders, are plagued by significant data inaccuracies, leading to problems such as incorrect shipments and significant delays in the issuance of corresponding invoices,” said Glenn Inniss, head of finance & procurement services for Logica.

“Distiller eliminates manual data entry, reduces processing errors attributable to master data inaccuracies, accelerates order and bill processing, and makes the entire process more efficient both for the end customer and Logica.”

As orders are received, the Distiller technology reads and classifies the documents, extracts specific data fields and line item detail, and then validates it against ERP systems. Once this process is complete, orders are passed for processing via Brainware’s workflow system.

Logica is an IT and business services company with 40,000 employees. It provides business consulting, systems integration, and IT and business process outsourcing services.

Source : http://www.procurementleaders.com/news/latestnews/401-logica-revamps-order-process/

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Infosys launches Brazilian arm, sets up development centre

December 16th, 2009

The country’s second-largest software exporter Infosys Technologies on Tuesday said it has set up a wholly-owned subsidiary in Brazil.

The subsidiary, called Infosys Tecnologia Do Brasil will also set up its first development centre in Belo Horizonte, the third largest city in the South American country after Rio de Janeiro and Sao Paulo.

This is the company’s third development centre in Latin America, the other two centres being in Mexico, which service 32 clients and employ 357 professionals.

The centre will offer Infosys’ complete suite of services to its Brazilian clients and Brazilian subsidiaries of global customers, Infosys said in a statement.

The Brazilian centre, which has already begun operations, mostly has Brazilian nationals as employees, complemented by employees deputed from other global development centres of the software giant.

“Brazil is the largest IT and BPO services market in Latin America, with the eighth highest IT and BPO services spend in the world. Along with our centres in Mexico, our presence here will strengthen our ability to address both Spanish- and Portuguese-speaking markets in Latin America, driving our business growth in the region,” Infosys CEO and managing director S Gopalakrishnan said in a release.

Source : http://timesofindia.indiatimes.com/biz/india-business/Infosys-launches-Brazilian-arm-sets-up-development-centre/articleshow/5340691.cms

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ENTAP Certified as SBA 8(a) IT Consulting and Business Process Management Firm for Federal Contracts

December 16th, 2009

ENTAP, Inc. one of the industry’s most experienced IT consulting and outsourcing firms, today announced it has achieved U.S. Small Business Administration 8(a) certification for business process management, improvement and transformation services. This designation makes ENTAP eligible to compete for nearly $13 billion in contracts awarded annually through the SBA 8(a) Federal business development program. The public sector of government and municipal agencies accounts for nearly 60 percent of ENTAP’s customer and revenue base and is projected to contribute greatly to ENTAP’s continued growth.

“As a certified SBA 8(a) IT vendor, ENTAP will have the opportunity to continue to expand the national reach of our government industry client base,” commented ENTAP’s president and chief executive officer Tracy E. Barnes. “We have extensive experience providing public sector agencies, like the State of Indiana, with expert analysis of business processes, optimization of those processes and implementation of custom technical solutions to support them. This Federal certification will open the door to many new business opportunities and partnerships.”

Since the firm was founded in 2004, ENTAP has served dozens of public sector and government entities at all levels, including municipal and state agencies. The SBA 8(a) program certification now enables ENTAP to compete aggressively in the Federal contracting arena and also take advantage of subcontracting opportunities through public-private partnerships.

According to the SBA, small businesses received more than $77 billion in 2006, or 23 percent of $340 billion in federal government contracts eligible for small business competition.

In addition to business process management, improvement and transformation, ENTAP’s Federal government engagements may include IT services such as strategic consulting and project management, business applications and systems analysis, integration, user training and ongoing support.

Source : http://enterpriseapps.itbusinessnet.com/articles/viewarticle.jsp?id=934114

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Infosys Technologies Incorporates Subsidiary In Brazil

December 16th, 2009

Infosys Technologies announced the incorporation of its wholly owned subsidiary in Brazil by name ‘Infosys Tecnologia Do Brasil Ltda.

The company said that the first development center of this subsidiary is in Belo Horizonte, the third largest metropolitan area in Brazil after Rio de Janeiro and Sao Paulo with a mature information technology services and business process outsourcing ecosystem and an established talent pipeline.

The new center will offer Infosys’ complete suite of services to Infosys’ Brazilian clients and Brazilian subsidiaries of global customers.

Source : http://www.rttnews.com/ArticleView.aspx?Id=1158093&SMap=1

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Premji doesn’t see yet another Premji at helm

December 16th, 2009

After Azim, there may not be another Premji atop Wipro, the software sultan said.
“No it’s not (important that a Premji continues to run the Wipro after me).

You cannot run an organisation as large as this and as complex as this with the fiduciary responsibilities which go with it by being parochial. We have a very disciplined process of succession planning,” he told the Wall Street Journal in an interview.

He, however, said there was no set time for his retirement.

Talking on the US market for IT, Premji said he met eight CEOs in North Carolina in October, who were just trying to fend for themselves.

“They are under so much economic pressure. They have no obligations except to pay off their TARP funds and then do exactly what they want to do to make their companies more efficient. And that is what they are driven by,” he told the newspaper.

On acquisition plans, Premji said Wipro would not pursue M&As in high gear and would focus more on organic growth rates and organic investments.

Premji said to reduce dependence on US, Wipro was looking at expanding its presence in Saudi Arabia, France, Germany, Latin America, China and other emerging markets with high “growth potential.”

His consumer product business, Premji said, besides being traditional, was a “good hobby.” “It’s a fun business, you can touch and feel toiletries and toilet soap and the works. Software you can’t touch and feel. And it’s an enormously profitable business for us. It has extremely high rates of return, growth rates which are 23% to 24% a year and a market which is growing at about 10% to 12% a year,” he told WSJ.

Source : http://www.dnaindia.com/money/report_premji-doesn-t-see-yet-another-premji-at-helm_1324128

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HiSoft Plans U.S. IPO Next Year

December 16th, 2009

Dalian-based software outsourcing company HiSoft Technology and Shenzhen-based optical components maker NeoPhotonics both plan to list in U.S. in 2010 to raise between $75 million and $125 million each, Sohu reports quoting International Finance Corp. Chief Investment Officer Nikunj Jinsi on December 14. According to Jinsi, Beijing-based audio-visual technology and service provider Newauto also plans to list, but gave no details as to location.

Source : http://www.jlmpacificepoch.com/newsstories?id=160571_0_5_0_M

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