Posts Tagged ‘Software’

CDC Corporation Reports a 56 percent increase in the fourth quarter 2009 adjusted EBITDA from the third quarter 2009 and a full year 2009 net income attributable to controlling interest of $16.8 million

March 10th, 2010

CDC Corporation,a leading global enterprise software, IT services and new media company, today announced financial results for the fourth quarter and year ended December 31, 2009. For the fourth quarter of 2009, CDC Corporation reported Adjusted EBITDA(a) from continuing operations(b) or Adjusted EBITDA* of $14.0 million, a 56 percent increase from Adjusted EBITDA of $9.0 million for the third quarter 2009, and compared to Adjusted EBITDA for the fourth quarter of 2008 of $9.7 million. For the fourth quarter of 2009, revenue was $83.0 million compared to $76.6 million in the third quarter of 2009 and $97.0 million for the fourth quarter of 2008.

For the year ended December 31, 2009, net income attributable to controlling interest was $16.8 million, or $0.14 net income per share, compared to net loss attributable to controlling interest of $114.2 million, or $1.07 net loss per share for 2008, which was primarily due to goodwill impairment. For the full year 2009, CDC Corporation reported revenue of $320.1 million and Adjusted EBITDA of $42.7 million, compared to revenue of $409.1 million and Adjusted EBITDA of $35.9 million for the full year 2008.

Fourth quarter 2009 revenue and Adjusted EBITDA exceeded First Call consensus estimates of $81.9 million and $10.2 million, respectively. In the fourth quarter of 2009, CDC Corporation also recorded operating cash flow of $6.0 million, compared to $6.8 million in operating cash flow in the fourth quarter of 2008, marking nine consecutive quarters of positive operating cash flows. For the fourth quarter of 2009, net income attributable to controlling interest was $0.3 million compared to a net income attributable to controlling interest of $5.6 million in the third quarter of 2009 and a net loss attributable to controlling interest of $81.1 million in the fourth quarter of 2008.

“Overall, we are pleased to report net income for the fourth quarter and full year 2009 compared to significant losses in the comparable periods in prior year,” said Peter Yip, CEO of CDC Corporation. “We believe we have turned the corner on all our core businesses which have seen improvements in their profit margins in the fourth quarter of 2009 compared to the third quarter of 2009, despite the global recession. Our strategy is to execute a variety of strategic growth alternatives begun last year and continuing in 2010, which we anticipate will help position our businesses for growth. For example, CDC Global Services is executing on strategies that we expect will help position it as a future leader in the IT and R&D outsourcing areas in China, while planning for some strategic initiatives that we believe will help unlock shareholder value. We are also very excited about CDC Games’ two new local games scheduled for launch in the first half of this year. We have been receiving excellent support from Turbine, the developer of The Lord of the Rings Online, and are making progress on resolving the technical issues related to this game. We now expect to launch this exciting and long-awaited MMORPG later this year. We are focusing on the execution of our business plan for each of our core businesses and we are cautiously optimistic on our long-term growth and prospects.”

Source:http://www.marketwatch.com/story/cdc-corporation-reports-a-56-percent-increase-in-the-fourth-quarter-2009-adjusted-ebitda-from-the-third-quarter-2009-and-a-full-year-2009-net-income-attributable-to-controlling-interest-of-168-million-2010-03-08?reflink=MW_news_stmp

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IT hiring to be up by 70%

March 8th, 2010

Indian software engineer Prithvi Sen has a spring in his step after getting re-hired by the country’s flagship outsourcing industry, which is shaking off the effects of the global recession.

“I was unemployed and it was tough, but I’ve got work again,” said the 26-year-old Sen, who landed a job recently with a small outsourcing company in India’s high-tech hub of Bangalore.

Sen is benefiting from a hiring wave by India’s outsourcing sector which is set to increase recruitment by nearly 70 percent in the next financial year, according to the National Association of Software and Services Companies (Nasscom).

India’s big three outsourcing companies — Tata Consultancy Services (TCS), Infosys and Wipro — all have plans to boost hiring sharply in the coming financial year.

“The feel-good factor is back in the industry,” said Prithvi Lekkad, head of the Union of IT and IT-enabled services (Unites) Professionals, a trade union which represents some outsourcing workers.

India’s software and services exports are expected to grow by up to 15 percent to hit 57 billion dollars in the next fiscal year to March 2011.

The growth projected for next year is still far below the blistering 28 percent export revenue rise clocked in the financial year 2006-07.

But it is allowing major companies to bump up hiring again after a year in which they froze salaries and sharply reduced recruitment.

The big companies have been returning to university campuses to recruit in large numbers with new orders in the pipeline.

“Prospects for jobs are bright now,” R.K. Akash, a 21-year-old computer science student, told AFP.

Indian software companies, whose breakneck growth has been an important driver of the country’s economic modernisation, were hit by the global slump that prompted many customers to put projects on hold.

More than 2.3 million people are employed in the sector either directly or indirectly, making it one of the biggest job creators in India and a mainstay of the national economy. It accounts for 5.9 percent of gross domestic product.

India’s success has been in convincing US and other foreign firms, drawn by a vast, educated English-speaking workforce and low labour costs, to farm out processes that were previously done in-house.

Companies provide a slew of services ranging from answering banks’ client calls, processing insurance claims, legal work and equity analysis to engineering and computer systems design.

“We expect net hiring in the ensuing fiscal year to be over 150,000,” Nasscom president Som Mittal told AFP.

That is up from net additions of 90,000 in the current year but still far off peak levels of 250,000 to 300,000 before the global financial crisis hit.

The Nasscom outlook comes after TCS, Infosys and Wipro announced forecast-beating quarterly earnings.

“Spending is coming back, decisions are being made (on new orders),” Nasscom chairman Pramod Bhasin said, adding the industry had “reinvented itself” during the downturn by cutting costs and making itself more efficient.

But while more hiring is being done, Bhasin said the industry was changing its hiring practices to reduce so-called “bench time”, when workers are idle, waiting for new projects.

Source:http://infotech.indiatimes.com/News/Software__Services/IT_hiring_to_be_up_by_70/articleshow/msid-5658325,curpg-1.cms

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Tuxedo Money Solutions improves business processes with the help of MSM Software

March 4th, 2010

Tuxedo Money Solutions (Tuxedo) is improving the efficiencies of its IT department and customer support operation, after outsourcing over 50 per cent of its IT function to MSM Software.

MSM Software, which has traditionally specialised in application design and management, has extended its relationship with Tuxedo, following the successful design and support of its bespoke online banking platform. MSM will now be acting as an extension of Tuxedo’s IT team: offering first line support to corporate customers, second line support to call centres, troubleshooting and co-ordination of all other tech suppliers to ensure more efficient and cost effective processes.

David Monty, IT and Operations Director at Tuxedo comments, “We have been working with MSM for four years and have always been impressed with the company’s commitment to our organisation. The team at MSM are highly skilled IT professionals, with a deep understanding of our unique needs so, after reviewing existing infrastructure and processes relating to our IT management, it felt like a natural progression to ask MSM to work with us on a larger scale.

“Outsourcing business functions to specialists has always been part of our business model and, at a time when Tuxedo is growing so rapidly, we didn’t want to waste time by inviting other companies to tender, when we knew MSM was the best the market had to offer. With MSM’s expertise and proven track record, I’m confident that we will see a tangible return on our investment.”

Following a successful few months working with Tuxedo, MSM Software will be offering this extended service to other customers. MSM’s Business Process Outsourcing (BPO) service has been designed to add value to an organisation’s IT service management structure, whilst reducing risk and cost implications.

Thomas Coles, managing director of MSM Software, explains, “With many organisations focusing on core business issues to remain competitive in a challenging climate, IT operations often take a back seat. Yet a proficient IT service management structure is an underlying business critical requirement – and one which many organisations struggle to maintain in-house, without the expertise or man-power available.

“Our BPO service offers an alternative to businesses that recognise the importance of a well-oiled IT service management structure but lack the resources to sustain an in-house function. We’re looking forward to working with both existing and new customers to help them see a genuine return on investment, from handing over the reins to the specialists.”

The BPO offering, which can range from content management of an extranet right through to full IT department function, will form the first step of a change programme, where all processes will be reviewed, documented and streamlined to improve cost efficiencies and reduce risk. In addition, staff and assets may be transferred, with new and broader career paths created for employees, which will add value to the overall operation of the IT function.

Source:http://www.realwire.com/release_detail.asp?ReleaseID=17357

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Sybase & Wipro join hands to power SAP applications on mobiles

March 2nd, 2010

Sybase Software (India) Pvt. Ltd. (“Sybase India”), the Indian subsidiary of Sybase, Inc. (NYSE: SY), an industry leader in enterprise and mobilesoftware and Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services, today announced a partnership to extend SAP applications to a variety of mobile device types. With these solutions, SAP customers will be able to securely access their business-critical enterprise applications while on the move.

Sybase and SAP are jointly delivering co-developed solutions for extending SAP CRM and SAP Business Suite to mobile devices. SAP customers will now be able to leverage Wipro’s SAP implementation skills to customize these Sybase® Mobile Solutions for SAP, in addition to developing custom mobile applications for other SAP modules such as SRM SCM, PLM, etc. that will be directed towards areas like mobile services, mobile sales, time and travel approvals, workflows, warehouse management, asset management, etc. Wipro’s solutions will be based on Sybase® Unwired Platform (SUP), a mobile enterprise application platform that provides systems integrators, independentsoftware vendors, and enterprise developers with the ability to easily develop, deploy and manage mobile applications . This comprehensive, yet flexible mobility infrastructure will enable enterprises to implement, manage and expand their mobile computing initiatives in a coherent, streamlined and cost-effective manner. Mobile solutions created using the Unwired Platform enable mobile workers to access business critical data anytime, from anywhere, leading to a positive impact on productivity and revenue.

Mr. Sunil Jose, Managing Director, India & Sub-continent, Sybase Software (India) Pvt. Ltd. said, “The Sybase & Wipro partnership will offer Wipro’s SAP customers, applications on the go. SUP supports a wide variety of popular mobile platforms. This enables true mobility for a large section of employees and not just top or middle management. Through this, SAP’s customers will be able to create an information edge by optimizing and enhancing the infrastructure they already own, linking valuable data resources in place, and securely delivering information anytime, anywhere.”

Commenting on the partnership, Sairaman Jagannathan, Vice President, Business Solutions Division,Wipro said, “ Building on our SAP partnership, this partnership with Sybase demonstrates a strong synergy between our companies as we share a common goal of providing businesses easy access to valuable information contained withinenterprise applications . As Sybase’s implementation partner, we will bring in tight integration with a wide range of mobile environments to ensure secure and real-time access to information. Wipro chose Sybase as a strategic partner based on the strength of its mobile enterprise application platform and rich expertise and proven leadership in the enterprise mobility space.”

As part of this joint initiative, Wipro will set up a Center of Excellence at its research Center, Sangam, in Bangalore, where customers will be able to experience the variousmobile applications developed by Wipro to mobilize SAP. This Centre of Excellence will also be used to develop newer industry frameworks that can be used across different customer verticals.

Mr. Sunil Jose further added, “Sybase is in the best position to support the movement away from siloed mobile applications to the mass adoption of mobility across the entire enterprise. With the growing number of end users and device types to the demand for real timeaccess to information , our enterprise mobility platform is unrivaled in the industry. We believe our position in Gartner’s leader quadrant is a further validation of the significant advancements made to our Sybase® Unwired Platform and success in building out our partnership ecosystem”.

Recently, Gartner, Inc. positioned Sybase in the Leaders quadrant in its Magic Quadrant for Mobile Enterprise Application Platforms (MEAP) report, authored by William Clark and Michael King (December 2009). “We believe that more than 95% of organizations will be choosing MEAP or packaged mobile application vendors as their primary mobile development platforms through 2012,” states the Gartner report. “From 2010 through 2013, the number of enterprises choosing multichannel MEAP vendors will rise 10% annually.”

Source:http://press-releases.techwhack.com/48227-sybase-software

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Software development company – Outsource software development Services

February 26th, 2010

Website Programming Development is a fast growing software development company catering clients in US, UK, CANADA and Australia. As a dedicated software development solutions provider, we deliver superior quality and cost effective software development work to our clients by following customized processes to deliver on-time and quality outputs. You can save up to 40% to 60% of software development cost by outsource your all software development work to us.

Website Programming Development is an India based software development outsourcing company that focuses on highly qualitative, timely delivered and cost-effective offshore software development services. We are in the business since last 17 successful years catering customers of diverse business verticals in all over world. We provide a wide range of software development services in India that suits your budget and needs. Guaranteed high quality with outstanding accuracy in software development services is our specialty.

Outsource Software Development Work Such as:

• JAVA Development
• VB.NET Development
• CRM Development
• DBMS Development
• Custom Software application development

Outsourcing software development is here to stay as an IT trend which has evolved, grown, matured and is living up to and outgrowing its potential. We have professional software developer and programmer team. Our highly qualified professionals and software developers understand your needs and give the professional outsourcing software development solution according to your specific requirements. Our committed professionals aim to provide our customers with software development solutions par excellence.

Source:http://www.bignews.biz/?id=845285&keys=software-development-services-outsource

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Boeing prepares to cut nearly 800 IT workers

February 22nd, 2010

He Boeing Co. late last week issued 1,000 layoff notices to employees, many of them working in IT.

The company sent 60-day layoff notices to the workers, who are at risk of being laid off on April 23. Of those notices, about 800 went to employees of Boeing’s Engineering, Operations & Technology unit; most of the people in that unit are in IT, according to Tim Healy, a company spokesman.

The company employs 158,500 people, including 18,000 in its engineering and technology group.

Healy said that between now and the layoff date, retirements and other forms of attrition could eliminate the need for some of the cuts, “although it’s impossible to predict how often that could happen or how many employees will actually leave the company,” he said.

This layoff plan is a continuation of efforts by Boeing to cut 10,000 jobs.

Boeing outsources some of its software development in India, but it was unclear whether that played a role in last week’s announcement. Boeing has outsourced work to a number of Indian IT vendors in recent years.

Last March, Boeing announced the opening of the Boeing Research & Technology-India Center in Bengaluru, India. The company said this is its third advanced research center outside the U.S.

Boeing late last month said that its revenue for 2009 hit a record $68.3 billion, up from $60.9 billion in 2008, on higher commercial deliveries and growth in defense, space and security areas.

Source:http://www.computerworld.com/s/article/9159798/Boeing_prepares_to_cut_nearly_800_IT_workers?taxonomyId=72

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Triad celebrates 12 years of success in CAD/CAM/PLM software outsourcing

February 21st, 2010

Triad Software, incorporated in 1998, based out of Chennai, India, holds the unique distinction of being a premier developer among a short list of Indian companies, exclusively focused on CAD/CAM/PLM software development for global independent software vendors (ISVs). On Feb 1, 2010 Triad completed 12 successful years of providing software development services to ISVs worldwide.

From its inception, Triad has been driven by a single-minded focus on engineering software development. “Growing the company in the CAD/CAM/PLM space in an era where the most natural thing for an Indian company to do would’ve been banking, retail or web-based development is a huge achievement in itself – and to have sustained it for over a decade speaks volumes for our focus and expertise in the engineering domain” says Triad’s Director & General Manager, Mr. S.N. Kishore.

Starting with a handful of customers in the US doing turnkey software projects, Triad today provides strategic software development services to several prominent CAD/CAM/PLM ISV organizations in North America, Europe and Asia-Pacific regions.

Kishore adds, “We have invested heavily in engineering software development over the past several years. As a result, today we have a very competent and skilled workforce conversant with CAD APIs, kernels and latest software development & QA technologies. Our people, our focus & our processes, in that order, have been the key growth drivers for past 12 years and instrumental in forging great relationships with ISVs globally. Our strategy moving forward is to expand our footprint both in related technological markets, and in wider geographical areas.”

Triad’s core competencies include CAx Interoperability Technology & Product Development, CAD Application Development, Client/Server Application Development and Testing & QA Services. Triad’s programmers are highly experienced in developing advanced engineering software involving geometry, graphics and mathematical algorithms.

Source:http://pr-usa.net/index.php?option=com_content&task=view&id=336117&Itemid=96

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Bay company at the top of the Google pile

February 20th, 2010

A PORT Elizabeth software development company is ranked top of the crop on mega search engine Google.

Whenever an internet user searches for web-based business solutions, CompRSA is the first link to appear.

Based at the King’s Court Complex in the Bay, the company has received the most hits for web-based business solutions on Google over the past four weeks.

Founder and chief executive Johan Swart said it was “an honour and a major achievement to be at the top of an international search engine like Google”.

Swart, who founded Comp- RSA 10 years ago, attributed their success to “product development, the services we provide and the fact we know how to do search engine optimisation”.

“There are certain criteria to be placed at the top. It also depends on how long you’ve been in business – and your achievements count.

“We appear first on 204 search engine sites,” explained Swart.

CompRSA specialises in web- based business solutions development and outsource software development.

“We provide outsourcing solutions, staff augmentation, implementation consultants and offshore development services to enterprises worldwide,” said Swart.

Services include web-based application development, outsourcing, website development and Legacy Application Development.

CompRSA’s clients include estate agents who use the RealVID product for online auctioning worldwide, while motor sales companies makes use of AuctionRSA which is an online reverse bidding site.

Other products include CompSMS, a web-based SMS application for sending bulk SMSs.

Comptags is a new product in South Africa which uses radio frequency for identification.

“We landed the sole distribution rights for CompTags from a major German supplier,” said Swart.

SMS2work enables two-way SMS communication by helping blue collar workers find employment.

“We’ve approached Business Against Crime and are still looking for a cellphone company and bank who will join the project.”

Swart also owns Ciglit, a brand of electronic cigarette which is non-flammable.

He also owns four World Cup guide sites, namely the PE World Cup Guide, the Durban World Cup Guide, the Cape Town World Cup Guide and the Johannesburg World Cup Guide.

Swart employs 34 staff members and also offers a 24-hour support help desk service to his company’s US-based clients.

Source:http://www.weekendpost.co.za/business/article.aspx?id=533640

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BUDGET VIEW: India’s IT industry seeks tax sop extension

February 19th, 2010

India’s export-driven IT sector has sought an extension of a key tax benefit scheme to beyond its 2011 deadline in next week’s federal budget, which industry players say will help small and medium technology companies.

The software industry wants units in software technology parks or STPIs to be treated at par with special economic zones or SEZs, which are duty-free economic enclaves where units can claim tax breaks for longer than 10 years, besides other perks. “One of our demands is that STPI units get the same benefits as SEZ units keeping in mind the small and medium enterprises,” said Som Mittal, president of National Association of Software and Services Cos (NASSCOM), a software lobby.

“Large companies are already in the 21-22 percent tax bracket so they will not be impacted by the extension of the STPI scheme. There will be no loss to the exchequer too as these big companies are paying these taxes,” Mittal said.

The government had introduced the Software Technology Parks of India (STPI) scheme in 1991 to encourage software exports, which helped make India one of the world’s leading hubs for software and business process outsourcing.

In its budget last July, the government had extended tax benefits for units in STPI by a year to March 2011. Units set up in these parks are eligible for a 10-year tax holiday, besides other perks.

Mid-cap companies such as MindTree and HCL Technologies Ltd are likely to benefit from the extension, said Harit Shah, technology analyst with Karvy Stock Broking. “We expect a further extension in light of the fact that the industry has just recovered from a severe global slowdown, with mid-sized IT companies, in particular, bearing the brunt of slowing order flows,” Shah said.

EDUCATION SOPS

NASSCOM has also asked the government to increase its outlay for education and e-governance schemes, including the Unique Identification (UID) project.

A financial crisis in the United States, which accounts for more then 50 percent of India’s software exports, saw the sector’s revenue growth slow to 16 percent in 2008/09 from the 20-percent clip of the pre-Lehman crisis years.

Earlier in the month, NASSCOM lowered its forecast by 7-8 percent for India’s software and services exports for 2010/11 to $56-57 billion. It expects revenue in the sector, led by top outsourcers Tata Consultancy Services, Infosys and Wipro, to hit $49.7 billion this fiscal.

Source:http://economictimes.indiatimes.com/infotech/software/BUDGET-VIEW-Indias-IT-industry-seeks-tax-sop-extension/articleshow/5591941.cms

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Squeeze expected to curb IT growth

February 19th, 2010

The public sector will soon cease to be the engine of growth for the software and IT services market, according to projections by analysts TechMarketView.

With a huge squeeze expected on public spending regardless of who is in power after the coming general election, the end is in sight for a decade in which public spending on information technology has been rising much faster than private spending, the report says.

Nonetheless, even as spending by departments is cut, the need for greater efficiency is likely to generate some growth as more services are outsourced to the private sector. In addition, more IT-enabled public sector work is likely to go offshore to India and elsewhere under the pressure to cut costs.

“Things that were unthinkable a few years ago become a possibility,” said Tola Sargeant, research director at the recently established technology analysis group.

Growth rates in public sector spending on software and IT have outstripped those in the private sector every year for the past decade, according to Richard Holway, the company’s chairman.

The public sector share of the market has grown from 19 per cent to nearly 30 per cent, with some leading suppliers taking more than 50 per cent of their revenues from the public sector.

“All that is about to change,” said Mr Holway. “Companies that have complacently relied on the public sector [are] in for a shock.” Existing contracts will be relet at higher prices and often with different suppliers, as has just happened at the Department for Work and Pensions.

And the days of the mega-IT project in central government look to be over, with cuts likely even in the big NHS and schools IT programmes, whose budgets appear likely to enjoy more protection than those of most departments.

However, the report warns that “cuts to IT spending, if not done sensibly, could have a significant impact on the delivery of public services”. In healthcare, for example, the development of an electronic patient record is becoming crucial for safety as patients move more between different healthcare settings and providers.

The report, however, says it is “not all doom and gloom” as IT spending is still likely to grow slowly. Spending on outsourcing and greater use of shared services in both central and local government are likely to grow in order to cut costs.

Source:http://www.ft.com/cms/s/0/5852773e-1cc0-11df-8d8e-00144feab49a.html

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APAC by countries market figures on software & IT services – 2007-2013

February 19th, 2010

This Excel document delivers market figures broken down by products and services. Figures cover a seven-year time frame (results from the past two years and forecasts for the next four years). Figures include both volume and compound annual growth rates for the following segments: – Personnel – Hardware – Software and IT Services Key Topics Covered: 1. Software Products 1.1 Systems Infrastructure Software 1.2. Tools 1.3. Application Software Products 1.3.1 Office Automation 1.3.2. Business Applications 1.3.3. Technical Applications 2. IT Services 2.1. Hardware Maintenance 2.2 Project Services 2.2.1. IT Consulting 2.2.1.1 Process & Application-related 2.2.1.2. Infrastructure-related 2.2.2. Systems Integration 2.2.2.1. Application-related 2.2.2.2. Infrastructure-related 2.2.3. IT Training 2.3. Outsourcing 2.3.1. Application Management 2.3.2. BPO (Business Process Outsourcing) 2.3.3. Application Outsourcing 2.3.4. Hosting 2.3.5. Infrastructure Outsourcing 2.3.6. Complete Outsourcing Total Software and IT Services Core Software and IT Services The document offers invaluable data that allow year-on-year analysis as well as compound annual growth rate comparisons. The document also gives an accurate picture of the evolution of the market structure over a seven-year time frame.

SITSI Global Datamart is one of the five modules in the SITSI market research program published since 1992 by Pierre Audoin Consultants (PAC) and its worldwide network of partners. SITSI Global Datamart is a unique, integrated and inclusive source of market and vendor data comprising IT market volumes, forecasts and IT vendors’ figures.

Source:http://www.tmcnet.com/usubmit/2010/02/18/4629760.htm

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Triad celebrates 12 years of success in CAD/CAM/PLM software outsourcing

February 18th, 2010

Triad Software, incorporated in 1998, based out of Chennai, India, holds the unique distinction of being a premier developer among a short list of Indian companies, exclusively focused on CAD/CAM/PLM software development for global independent software vendors (ISVs). On Feb 1, 2010 Triad completed 12 successful years of providing software development services to ISVs worldwide.

From its inception, Triad has been driven by a single-minded focus on engineering software development. “Growing the company in the CAD/CAM/PLM space in an era where the most natural thing for an Indian company to do would’ve been banking, retail or web-based development is a huge achievement in itself – and to have sustained it for over a decade speaks volumes for our focus and expertise in the engineering domain” says Triad’s Director & General Manager, Mr. S.N. Kishore.

Starting with a handful of customers in the US doing turnkey software projects, Triad today provides strategic software development services to several prominent CAD/CAM/PLM ISV organizations in North America, Europe and Asia-Pacific regions.

Kishore adds, “We have invested heavily in engineering software development over the past several years. As a result, today we have a very competent and skilled workforce conversant with CAD APIs, kernels and latest software development & QA technologies. Our people, our focus & our processes, in that order, have been the key growth drivers for past 12 years and instrumental in forging great relationships with ISVs globally. Our strategy moving forward is to expand our footprint both in related technological markets, and in wider geographical areas.”

Triad’s core competencies include CAx Interoperability Technology & Product Development, CAD Application Development, Client/Server Application Development and Testing & QA Services. Triad’s programmers are highly experienced in developing advanced engineering software involving geometry, graphics and mathematical algorithms.

Source:http://www.pr.com/press-release/213321

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HCL Technologies sets up middle east head office in Dubai

February 18th, 2010

HCL Technologies Ltd., India’s fourth-largest software exporter by revenue, Wednesday opened its Middle East headquarters in Dubai as it seeks to boost growth in the region.

“The Middle East for us is a very interesting and high growth potential market and we continue to concentrate on it with a great deal of strategic intent and focus,” Shiv Nadar, the founder and chairman of HCL Technologies, said in a statement.

HCL Technologies will offer services related to product engineering, enterprise application, infrastructure management and business process outsourcing to clients in the Middle East.

The company has more than 25 large clients in the region, it added.

Source:http://online.wsj.com/article/SB10001424052748703444804575071030514941368.html?mod=WSJ_latestheadlines

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TatvaSoft Denmark ApS will provide local software development service in Denmark

February 17th, 2010

TatvaSoft Denmark ApS, a software development company will now be providing their software development services in Denmark. Growing Denmark economy will help offshore software outsourcing service providers to offer robust and reliable software and web applications development solutions in rapid development times cost effectively.

TatvaSoft Denmark ApS is a software outsourcing company that is started specifically to provide web and desktop application development services in Denmark. TatvaSoft Denmark Aps will be providing custom application development using powerful technologies such as Microsoft .NET and open source PHP and MySQL development platforms as well as Biztalk and Sharepoint servers. The company also specializes in producing state-of-the-art Rich Internet Applications (RIA) using Adobe Flex, Microsoft Silverlight, and AJAX. Other than desktop software development and web applications development TatvaSoft Denmark Aps will also be providing mobile application development services for Windows, iPhone, and Android mobiles.

TatvaSoft.dk is the corporate website of TatvaSoft Denmark Aps to serve Danish community. The people working at TatvaSoft Denmark being proficient in the Danish language will help the clients communicate their requirements and specifications and produce a solution that will work precisely for the client business. While development center in India will provide design implementation service as well as QA which helps in reducing software development cost.

Source:http://www.webnewswire.com/node/506378

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Logicalis earns IBM software value plus certification

February 16th, 2010

Logicalis, a leading provider of high-performance technology solutions, announced it earned IBM’s new Software Value Plus certification. Through the program, Logicalis is authorized to sell and support its clients in the implementation, design and management of IBM Tivoli, Lotus, Websphere, Rational and Information Management software.

“Certifications are like key line items on a resume,” says Roger Finney, Director of Software for Logicalis. “They give clients a place to start when evaluating whether or not you have the needed skills to do the job they need done.”

The IBM Software Value Plus (SVP) initiative is designed to meet the demands of clients who are looking to drive more value from their technology investments by working with trusted partners who possess proven skills to quickly and effectively implement new infrastructures. Being an SVP-certified solution provider enables IBM Business Partners to set themselves apart by asserting that they have the key technical and industry skills necessary for smart technology implementations that help clients achieve their business goals.

Logicalis is a Premier IBM Business Partner with a long history in delivering technology solutions built around IBM platforms to its customers.

“IBM is committed to supporting an ecosystem of skilled partners that can provide the most value to our shared clients,” says Sandy Carter, Vice President, IBM Software Group Channels. “Business Partners who invest in the proper skills and expertise are well positioned to help clients achieve a faster time-to-value with the right solutions, reduce risk in solution development, and increase their return on investment over time.”

Logicalis and IBM are focused on creating infrastructures and systems that can unlock customers’ core innovative energies.

Through the SVP initiative, IBM software partners choose the IBM software platforms they want to build additional technical, marketing and sales skills in and can become certified and authorized to sell those products across multiple industries.

“Logicalis has invested in IBM software solutions for many years and we are pleased to see our investment pay off with our recent Software Value Plus certification achievement,” Finney says.

Under the SVP program, to secure authorizations in 11 software groups, Logicalis was required to earn over 30 specific certifications. These certifications are all additions to Logicalis’ 2009 Specialty Elite Dynamic Infrastructure Virtualization and Consolidation certification, and Logicalis’ six Deployment Accreditations, which include Tivoli Storage Manager, Productivity Center, FastBack, Monitoring, Application Dependency Discovery Manager and Service Management Storage.

“Logicalis consultants are some of the most highly skilled resources in the industry. Customers rely on our extensive capabilities in application, data center, and outsourcing services to deliver secure, instantaneous, and transparent solutions with technology that grows more complex every day,” says Bill Mansfield, IBM Software Solution Architect at Logicalis.

Source:http://www.24-7pressrelease.com/press-release/logicalis-earns-ibm-software-value-plus-certification-136699.php

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Custom web development and software company Acceptic to Take Part in CeBIT 2010

February 16th, 2010

Acceptic Ltd, a Ukrainian software and Web application development company, is to take part in the world leading ICT forum CeBIT 2010 (Hannover, Germany, 2-6 March 2010).

Dmitriy Kharchenko, CEO of Acceptic Ltd: “CeBIT is recognized as a prime place for introducing new IT solutions for home and business. Our company is planning to present our latest experience in building high-performance software and Web-based applications.”

In particular, Acceptic will demonstrate its capabilities in custom Web development on the basis of PHP/AJAX technologies, social networking websites and Facebook applications programming, software for iPhone and Blackberry, cross-platform and low-level systems development (network solutions, data processing, audio-video streaming, firmware).

Acceptic Ltd belongs to a new generation of East European IT outsourcing companies. It is characterized by strong emphasis on the best IT practices, staff educated in reputed Western and local universities, deep understanding of the US and EU customers.

Dmitriy Kharchenko continues: “We are especially pleased that the European program for small companies from new democracy countries has appreciated our striving to provide best-of-breed software development services and kindly supported our presence at CeBIT 2010.”

CeBIT is a platform where business meets business for mutual benefits. A preliminary schedule of Acceptic meetings includes talks with a number of leading European technological companies and software houses. Dmitriy Kharchenko: “We build relations with our partners and customers on the principles of Reliability, Responsibility, and Flexibility. It is CeBIT expo that definitely shows how fast ICT technologies change. But the value of strong business relations is unchangeable.”

Source:http://www.bignews.biz/?id=842302&keys=Webdevelopment-Facebook-programming-php

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Ukrainian software Outsourcing company Acceptic to participate in CeBIT 2010

February 12th, 2010

Acceptic Ltd, a Ukrainian software and Web application development company, is to take part in the world leading ICT forum CeBIT 2010 (Hanover, Germany, 2-6 March 2010).

Dmitriy Kharchenko, CEO of Acceptic Ltd: “CeBIT is recognized as a prime place for introducing new IT solutions for home and business. Our company is planning to present our latest experience in building high-performance software and Web-based applications.”

In particular, Acceptic will demonstrate its capabilities in custom Web development on the basis of PHP/AJAX technologies, social networking websites and Facebook applications programming, software for iPhone and Blackberry, cross-platform and low-level systems development (network solutions, data processing, audio-video streaming, firmware).

Acceptic Ltd belongs to a new generation of East European IT outsourcing companies. It is characterized by strong emphasis on the best IT practices, staff educated in reputed Western and local universities, deep understanding of the US and EU customers.

Speaking about Acceptic, clients often accentuate high grade of its services. Dmitriy Kharchenko continues: “We are especially pleased that the European program for small companies from new democracy countries has appreciated our striving to provide best-of-breed software development services and kindly supported our presence at CeBIT 2010.”

CeBIT is a platform where business meets business for mutual benefits. A preliminary schedule of Acceptic meetings includes talks with a number of leading European technological companies and software houses. Dmitriy Kharchenko: “We build relations with our partners and customers on the principles of Reliability, Responsibility, and Flexibility. It is CeBIT expo that definitely shows how fast ICT technologies change. But the value of strong business relations is unchangeable.”

Source:http://www.i-newswire.com/ukrainian-software-outsourcing/21776

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Ukrainian software outsourcing company acceptic to participate in CeBIT 2010

February 11th, 2010

Acceptic Ltd, a Ukrainian software and Web application development company, is to take part in the world leading ICT forum CeBIT 2010 (Hanover, Germany, 2-6 March 2010).

Dmitriy Kharchenko, CEO of Acceptic Ltd: “CeBIT is recognized as a prime place for introducing new IT solutions for home and business. Our company is planning to present our latest experience in building high-performance software and Web-based applications.”

In particular, Acceptic will demonstrate its capabilities in custom Web development on the basis of PHP/AJAX technologies, social networking websites and Facebook applications programming, software for iPhone and Blackberry, cross-platform and low-level systems development (network solutions, data processing, audio-video streaming, firmware).

Acceptic Ltd belongs to a new generation of East European IT outsourcing companies. It is characterized by strong emphasis on the best IT practices, staff educated in reputed Western and local universities, deep understanding of the US and EU customers.

Speaking about Acceptic, clients often accentuate high grade of its services. Dmitriy Kharchenko continues: “We are especially pleased that the European program for small companies from new democracy countries has appreciated our striving to provide best-of-breed software development services and kindly supported our presence at CeBIT 2010.”

CeBIT is a platform where business meets business for mutual benefits. A preliminary schedule of Acceptic meetings includes talks with a number of leading European technological companies and software houses. Dmitriy Kharchenko: “We build relations with our partners and customers on the principles of Reliability, Responsibility, and Flexibility. It is CeBIT expo that definitely shows how fast ICT technologies change. But the value of strong business relations is unchangeable.”

The Acceptic booth at CeBIT 2010 is located in Hall 2, Stand D28. Would you like to organize a meeting, please contact Ms Valerie Rudchenko, PR Manager, at vrudchenko@acceptic.com or +380 67 949 2046 (cell phone).

Source:http://www.i-newswire.com/ukrainian-software-outsourcing/21776

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CIBER joins Winshuttle’s SHUTTLEpro partner program to offer SAP data entry and extraction tools

February 11th, 2010

Winshuttle and CIBER, Inc. (NYSE: CBR), an international IT outsourcing and software implementation and integration consultancy, and leading providing of SAP “All- in-One” Solutions, today announced a strategic partnership agreement. CIBER will utilize Winshuttle’s products to improve the efficiency of data loading, data queries, and data integration for clients implementing SAP solutions.

Winshuttle provides easy-to-use tools that enable business users to work with SAP directly from Excel, without programming. Winshuttle’s suite of solutions enable both business and IT users to solve any SAP data or business process challenge by securely expanding SAP interactions to both employees and partners. By providing a familiar spreadsheet interface to the SAP system, customers report increased productivity and significant time and money savings.

“We’re excited to have a strategic partner with the vision and reach of CIBER,” said Nick Petti, Winshuttle’s vice president of business development. “Enterprises requiring an easier way to enter and extract SAP data now have increased access to Winshuttle’s solutions, with the full strength of CIBER behind them.”

We’re excited to have a strategic partner with the vision and reach of CIBER
Enterprises requiring an easier way to enter and extract SAP data now have increased access to Winshuttle’s solutions, with the full strength of CIBER behind them.
CIBER’s proven SAP implementation expertise, combined with Winshuttle’s cutting edge set of products, will help our clients accelerate implementations and achieve greater operational efficiencies across SAP business processes Winshuttle uniquely addresses the SAP data management needs of enterprises, and further strengthens CIBER’s offering of SAP solutions.
“CIBER’s proven SAP implementation expertise, combined with Winshuttle’s cutting edge set of products, will help our clients accelerate implementations and achieve greater operational efficiencies across SAP business processes,” said Jay Wheeler, Senior Vice President, SAP at CIBER. “Winshuttle uniquely addresses the SAP data management needs of enterprises, and further strengthens CIBER’s offering of SAP solutions.”

Source:http://www.prweb.com/releases/2010/02/prweb3594214.htm

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“SaaS” model in DEAC data centers increases the safety and reliability of business

February 11th, 2010

Each year the number of convenient and practical implementations of demanded IT solutions is increasing and one of them is SaaS – “Software As A Service”, or software rental, based on data center infrastructure. The Baltic largest data center operator, IT company DEAC deploys SaaS solutions for the small and medium business segments of Europe. “A few years ago, software rental using the data center infrastructure in Europe and Russia was seen as something exotic, because of the small number of actually working IT solutions and poor IT infrastructure. Today, it is one of the most effective ways in the world to optimize IT infrastructure both in terms of security and reliability, as well as financially,” notes DEAC CEO Andris Gailitis.

Global experience shows, that the typical SaaS-based IT solutions customer is a company with less than a 100 employees, which aims to optimize the organization of joint work in the company (content, communications and collaboration, CCC) and customer relationship management (CRM). Given model of software and data center infrastructure operation allows each employee of the company from any internet-connected computer, with a high degree of security to work remotely from anywhere in the world in an integrated system with all necessary information. “The perspective for SaaS is very promising. The rate of Saas-based IT solutions development will increase each year, taking into consideration the needs of customers in qualitative and cost-effective solutions, as well as burgeoning European IT infrastructure in general,” adds A. Gailitis.

It is important to understand, that old-way working, operating with data on server located in the office, has several important limitations comparing with the SaaS model. Firstly, colocating your data in DEAC data centers, the level of security is much higher, due to more modern and more powerful data center infrastructure, than an ordinary company can afford. Secondly, there is no need to invest in the purchase of servers and licenses, thus providing uniform costs. And finally, 24×7 multilingual technical support and certified IT specialists, capable of solving the problem quicker and more efficiently than company’s own IT department, will assure the company in coping with its main tasks.

“In recent years, a global tendency to delegate IT challenges to IT professionals is clearly traced. Experience has shown that responsibility for the leak of information from the service provider is rigidly stipulated in the relevant treaties, a possibility of such leak is much lower in the company, due to service provider developed security procedures system,” underlines A. Gailitis.

Currently IT company DEAC has a wide range of SaaS solutions based on such Microsoft software, as Exchange, Share Point, Office, Server, SQL and others. “For example, the cost of corporate e-mail Exchange user with a wide range of functions and integrated security solutions is about 6 EUR”, says A. Gailitis. Further collaboration development with largest IT companies from Europe and Russia already in next month’s will enrich the range of DEAC SaaS-based model solutions.

Source:http://www.pr.com/press-release/211968

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Custom web development and software company Acceptic to take part in CeBIT 2010

February 10th, 2010

Ukraine – Acceptic Ltd, a Ukrainian software and Web application development company, is to take part in the world leading ICT forum CeBIT 2010 (Hanover, Germany, 2-6 March 2010).

Dmitriy Kharchenko, CEO of Acceptic Ltd: “CeBIT is recognized as a prime place for introducing new IT solutions for home and business. Our company is planning to present our latest experience in building high-performance software and Web-based applications.”

In particular, Acceptic will demonstrate its capabilities in custom Web development on the basis of PHP/AJAX technologies, social networking websites and Facebook applications programming, software for iPhone and Blackberry, cross-platform and low-level systems development (network solutions, data processing, audio-video streaming, firmware).

Acceptic Ltd belongs to a new generation of East European IT outsourcing companies. It is characterized by strong emphasis on the best IT practices, staff educated in reputed Western and local universities, deep understanding of the US and EU customers.

Speaking about Acceptic, clients often accentuate high grade of its services. Dmitriy Kharchenko continues: “We are especially pleased that the European program for small companies from new democracy countries has appreciated our striving to provide best-of-breed software development services and kindly supported our presence at CeBIT 2010.”

CeBIT is a platform where business meets business for mutual benefits. A preliminary schedule of Acceptic meetings includes talks with a number of leading European technological companies and software houses. Dmitriy Kharchenko: “We build relations with our partners and customers on the principles of Reliability, Responsibility, and Flexibility. It is CeBIT expo that definitely shows how fast ICT technologies change. But the value of strong business relations is unchangeable.”

Source:http://www.emailwire.com/release/33775-Custom-Web-Development-and-Software-Company-Acceptic-to-Take-Part-in-CeBIT-2010.html

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India’s software exports face protectionism

February 10th, 2010

India’s flagship software and services exports industry is facing rising protectionist sentiment in key markets, officials of a trade body warned Tuesday.

“The industry is alive and kicking after the global crisis,” said Pramod Bhasin, chairman of the National Association of Software and Services Companies.

“But protectionism, sustained unemployment” in developed nations “will be huge continuing hurdles to deal with,” he added.

Nasscom last week forecast India’s software and services exports will post double-digit export revenue growth of 13 to 15 percent to hit up to US$57 billion in the year to March 2011.

The extent of the downturn in the United States — which is the main market for India’s software giants — is still unclear, Bhasin said at the start of a three-day summit hosted by the outsourcing body in financial capital Mumbai.

But with unemployment in the United States running at just below 10 percent, there are calls for protectionist action to protect jobs, he added.

India’s outsourcers earn 90 percent of their revenue from exports — mainly to the United States and Europe.

India’s software exports growth projected for next year is still far below the blistering 28 percent export revenue rise clocked in the financial year 2006-07.

Indian software companies, whose breakneck growth has been an important driver of the country’s economic modernization, were hit by the global slump as customers put many projects on hold.

The sector accounts for 25 percent of India’s overall exports.

Source:http://www.chinapost.com.tw/business/asia/india/2010/02/10/244361/Indias-software.htm

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Software, BPO exports to touch $50 bn; may grow 15 pc in FY11

February 9th, 2010

The country’s software and business process outsourcing exports are expected to rise 5.5 per cent to touch $50 billion in the current fiscal (2009- 10), industry body Nasscom said on Thursday.

The estimation is in line with an earlier forecast of 4-7 per cent given by Nasscom. The industry was optimistic to reach the $50 billion milestone export target in the current fiscal.

For 2010-11, it hopes that IT and BPO exports should grow at an annual 13-15 per cent to touch $56-57 billion as the slowdown peters out and the world economy recovers boosting demand for outsourcing. The sector’s export growth had been slowing down from 32 per cent five years ago to single digits of late.

Releasing the Indian IT-BPO sector performance estimates for FY09-10, Nasscom said “export revenues for the Indian IT- BPO industry are expected to record a growth of 5.5 per cent, to reach $49.7 billion in FY 09-10.

Source:http://economictimes.indiatimes.com/infotech/ites/Software-BPO-exports-to-touch-50-bn-may-grow-15-pc-in-FY11/articleshow/5535513.cms

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Chemistry fades as SAP’s Apotheker quits

February 8th, 2010

The CEO of German software giant SAP fell on his sword yesterday to be replaced by two people jointly running the company.

Leo ApothekerLeo Apotheker resigned after he and SAP came to an agreement yesterday – he’d been at the third biggest software company in the world for 20 years.

SAP turned in a fourth quarter net profit in January of nearly $1 billion – that’s down 12 percent year on year.

The company specialises in software for large enterprises and has one of the largest outsourcing centres in Bangalore, India.

Replacing Apotheker will be joint CEOs Jim Snabe and Bill McDermott.

Source:http://www.techeye.net/software/chemistry-fades-as-saps-apotheker-quits

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IT sector sets 14% annual growth target

February 6th, 2010

The Ministry of Information and Communication (MoIC) has set its highest growth rate target of 14 per cent to be reached by 2020.

The target was set as part of the country’s development plans, which set its lowest forecast growth rate of 10 per cent by 2020.

Under the plans, the sector’s total turnover would reach US$50 billion with $14 billion coming from the hardware industry. The software, digital content and telecommunication industries would earn $5, $5.2 and $25 billion, respectively.

Acting head of MoIC’s Information and Communication Industry Department Nguyen Trong Duong said to reach the target, solutions involving human resources, investment, market expansion and research, as well as fulfilling environmental duties needed to be carried out.

Duong said the application of information and communication technology in governmental offices should be enhanced in order to provide momentum for Vietnamese IT firms.

He added that these businesses should concentrate on areas that Viet Nam has advantages in, such as software exports and outsourcing of IT services when they deal with foreign markets.

However, some wonder whether the target that has been set is too high because the sector’s turnover last year was $6.26 billion, an increase of 20 per cent against 2008 figures.

General secretary of the Viet Nam Informatics Association Nguyen Long said the hardware industry had contributed a huge amount of capital into the sector’s total turnover. However, the ministry should review the real value of the industry because most of the businesses operating in this field are foreign-invested companies.

Long proposed that the sector should clarify its real situation in order to provide development plans in the coming time.

The sector has been growing at the rate of 20 to 25 per cent per year since 2000. As many as 1,000 businesses are operating in this field, which employs 57,000 labourers.

Source:http://vietnamnews.vnagency.com.vn/Industries/196615/IT-sector-sets-14-annual-growth-target.html

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