Google will invest about US$10 million to nurture 10,000 new businesses in five years in India, says a report. Eric E. Schmidt, chairman of Google, will launch this ambitious programme for technology entrepreneurs in this week in New ...
Tags: Google, technology, Microsoft
The BMW Group has hired Infosys to help manage the carmaker’s global IT infrastructure. The five-year contract will see Infosys cover services such as maintenance and operations of the Web infrastructure, content management, SAP ...
Tags: BMW, IT infrastructure, Web infrastructure
Intel has released its own Apache Hadoop distribution as the firm looks to extend its reach in the big data market. Apache Hadoop is an open source framework that specialises in running data applications on large hardware clusters. ...
Tags: Intel, Apache Hadoop, data market
IT services firm Infosys has joined forces with research body National ICT Australia to tackle hard technology issues faced by business. These issues include businesses seeking to radically update outdated data processing systems and ...
Tags: IT services, Infosys, hard technology
India's provision of outsourcing services to other countries will grow by 12% to 14% in the fiscal year starting April 1, a trade body predicted Tuesday. Demand for outsourcing services has been slowly picking up, according to analysts. ...
Tags: India, outsourcing service, IT industry
There is a shortage of big data modellers as well as data scientists, according to the senior vice president of IT research firm Infosys Labs, Subu Goparaju. Infosys Labs is the research arm of IT business consulting firm Infosys, ...
Tags: data modellers, IT research, Infosys Labs
Wipro's fourth-quarter IT services revenue grew 4.8% year on year, reflecting an overall recovery in offshoring to India. The Indian outsourcer said Friday revenue from IT services in the quarter was $1.58 billion, as its customers ...
Tags: IT service, Wipro, India
The Co-operative Bank could write-down up to £200m of IT investments if it finalises a proposed acquisition of 632 Lloyds Banking Group (LBG) branches. The Co-op Bank's annual profits could be impacted significantly if its ...
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Accenture is the best outsourcing service provider in the world for the fifth year running according to outsourcing profession group The International Association of Outsourcing Professionals(IAOP). The IAOP ranks the top 100 outsourcing ...
A federal court decision on Monday to throw out a civil lawsuit against Infosys is a clear loss for the plaintiff, Jay Palmer. But it isn't much of a win for Infosys. The real problem for IT services firm Infosys is an investigation by ...
Tags: federal court, civil lawsui, Infosys, Whistleblower
Almost three quarters of retail banks are increasing how much they spend on innovation as they attempt to better engage customers through mobile and online channels. According to a study of 300 banks in 66 countries, carried out by IT ...
IDG News Service - Infosys said Monday it has signed a definitive agreement to acquire Lodestone Holding, a management consultancy firm in Zurich with skills in the area of SAP software, as the Indian company attempts to move into ...
Tags: Infosys, Lodestone Holding, acquisition, management consultancy
A Brookings Institution report that looks at H-1B use in U.S. metropolitan areas is being criticized for its approach, as well as its research data. Some of the criticism is coming from Jared Bernstein, who until last year was a member of ...
Tags: Brookings Institution, H 1B, U.S., research data