Market
India IT spending to reach $79.8 billion in 2012: Gartner
Information technology (IT) spending in India is projected to touch $79.8 billion in 2012, a 9.1 per cent rise over the spending of $73.1 billion in 2011. Gartner’s forecast shows IT spending worldwide would amount to nearly $3.7 trillion in 2011, and emerging economies would account for $1.013 trillion. [Continue]
India will continue to dominate KPO sector
India will continue to be at the forefront of the development of knowledge process outsourcing (KPO) industry for the foreseeable future. However, in the recent years, a number of other viable KPO sourcing hubs have emerged in the Asia-Pacific region, says a report from independent technology analyst firm Ovum. [Continue]
India is losing its hold on ITeS Services
India’s dominant role in ITeS services is slowing fading. Brazil, Philippines and Sri Lanka are giving tough competition to India. We have become very expensive. And they are offering services cheaper than India said, Mr. Ramesh Bhandari, MD of Pegasys Information Technologies Pvt. Ltd. [Continue]
Industry
IT industry will grow in double digits in FY12: Nasscom
IT industry body Nasscom maintained its projection of 16-18 per cent growth for the sector this fiscal notwithstanding the economic uncertainty in the US and European markets. “There is no [Continue]
‘India’s young techies move from outsourcing to entrepreneurship’
India’s young techies are moving from running the back rooms of Western companies, who outsourced work here, to inventing the front rooms of Indian companies, which are offering creative, [Continue]
Defending the Enterprise from the Latest Generation of Cyberattacks by Tim Dillon
Does anybody know what your credit card details, single credit card details sells for in the hacker market? Anybody want to take a guess? You know the answer to that one, you’re not allowed to. [Continue]
Finance
Intel Capital homes in on three Indian start-ups for investment
Domestic IT investment slowdown plays spoilsport
Indian SMEs ITeS firms could contribute $700 billion to India’s GDP
India eyes $300 bln IT sector revenue by 2020
India to mull tax sops for IT firms: Kapil Sibal
Outsourcing
Indian Outsourcing Model ‘Over,’ Says HCL Exec
Offshore outsourcing, where U.S. companies farm out tech work to low-cost countries like India, will wane as routine data center functions become automated and businesses start to employ IT for more strategic purposes–like building new sales channels–and seek [Continue]Technology
Complexity of the IT security problems facing enterprises today
With the consumerization of the web – such as with the proliferation of Twitter, Facebook and mobile apps – there are serious threats emerging. Nir Zuk, founder of Palo Alto Networks Inc., talks about the susceptability of networks and handsets to hacker attacks and his company’s security software. [Continue]
Emerging Trends
US market saturating, but IT spending seen growing in India
Information technology (IT) spending in India is projected to rise by 9.1% to $79.8 billion in 2012 as enterprises invest more in IT systems despite global economic challenges, research and advisory firm Gartner Inc. forecast on Monday. [Continue]Security
Traditional “Port Blocking” Firewalls Useless in Today’s Application and Threat Landscape
The Internet now accounts for the majority of traffic traversing enterprise networks. And it’s not just web surfing. The Internet has spawned a new [Continue]
Enterprises concerned with mobile security: Fortinet survey
A Fortinet-commissioned survey of 350 IT professionsals in medium to large-sized enterprises across Asia has found that businesses are concerned [Continue]
Creative Innovation on the Right Side of the Law by Nir Zuk
You probably heard about attacks against these companies in recent months, attacks against RSA where a lot of their key intellectual property was [Continue]
People/HR
MEF Addresses Significances of New Carrier Ethernet Specifications
Nan Chen, President of the MEF, talks about the good progress on the technology front and significances of new carrier ethernet specifications. Key [Continue]
81.1% of BPO staff depressed, says study
The pay may be great and perks aplenty, but India’s night shift BPO employees seem to be trading their sleep for a whole lot of health problems. [Continue]
IT / BPO Sector Recruits More in India
The eleventh quarterly survey conducted by Labour Bureau indicated that IT / BPO sectors recruits more in India. When compiled the results of the [Continue]
Corporate/Companies
India may soon become Cisco’s ‘leadership hub’ in Asia-Pacific
After making at least a dozen direct investments in Indian firms and more indirect investments through its venture capital (VC) funds, networking and [Continue]
IT sector to be hit if conditions in US, Europe worsen:Infosys
Country’s leading software developer Infosys said further deterioration of economic conditions in US and Europe could hit the domestic IT [Continue]
Convergys bets big on Indian BPO market
Notwithstanding competition from countries like Philippines and Vietnam, India remains an attractive destination for outsourcing services on account [Continue]
News and Events
As InfosysBPO reaches the $500m mark, is it ready for the big-time?
One thing’s for sure – we’ve heard a lot of noise from the Indian IT services mammoths over the last five years that they are going to grapple [Continue]
Extreme Networks Seems To Be Every analyst’s Favorite
Extreme Networks Inc., a network supplier for the mobile solutions has been named as a top data center vendor by 3 separate analyst groups – [Continue]
Ponemon Study Shows Majority Next Generation Firewall Deployments Supplement Existing Solutions
Sourcefire, Inc., has announced the results of a survey that showed 55 percent of users globally, and 64 percent in the U.S., are leveraging [Continue]