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IBM buys coremetrics and plans to enter the internet markets…..

3:47 pm in IT News by admin

IBM, the leader in IT industry with revenues exceeding the entire Indian IT industry with 103.9 Billion revenues ending in the year 2009 and nearly 4 lakh employees across the world has followed suit in acquiring the web based analytics coremetrics. IBM acquired Corematrics, a US based firm for an undisclosed amount resulting a spur in the activity of web analytic market. with several companies like alexa, comscore was lacking in the web analytics domain had made a remarkable move in acquiring corematrics a company with atleast 2000 brands who uses coremetrics platform for growth. Thus paving a stronger competition for its competitors like microsoft, google and amazon to follow on. Are the great giants listening or paving way for another clash of wars in the ever evolving Internet market.
Written by Anand.G, IT-ITES Professional,The author is founder of a cricket portal Crickick.com

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90′s was Microsoft, 2000′s was Google, What next ?

6:27 am in IT News by admin

whatnext

Well, definitely the pundits of the internet would be gazing at the stars and calculating to come at the next big thing that would be on the verge of taking on the giants. Well I still remember when I was a kid people used to talk about microsoft and the poster boy of those days Bill gates, While working I would encounter about the stories of google and its charisma taking on the erstwhile techgiants, like microsoft. However any ideas which definitely would be a great innovation however once the great ideas turns into a corporation the rule of empire sets in creating a sea of change that would incorporate and create hurdles for innovation in the industry. So where is the next big idea coming to recreate the magic phenomena that  would be the most sought after in the internet Industry. To have a glance about this lets read history of the IT industry.

 

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Apple rocks while Microsoft shocks!!!

6:21 am in IT News by admin

The classical story of Mahabharata seems to be enacted on a larger picture in the technology and business space. With the recent elevation of apple to a higher picture of a technology company that is larger than life over microsoft one can observe that history always repeats.

microsoftmacApple which pioneered technology during late 80′s and 90s was on the verge of bankruptcy went ahead to become a leading IT company with the invention of ipods, iphones and other hand held gizmos and has started leading the revolution thus beating its former foe microsoft on a bigger note.

According to economictimes .Shares of Apple marginally rose to USD 254.21 in early trade, resulting in a market capitalisation of USD 231.30 billion whereas Microsoft dropped nearly one per cent to USD 25.74 and at that price, the company’s valuation was at USD 225.58 billion. Apple has started a revolution on its own

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Dell acquires Perot Systems for 3.9 Billion US Dollars and Keeps Indian IT Firms star gazing

3:29 am in IT News by admin

Dell-Perot-Systems Well, Well What do we have nowadays, Large Hardware firms gobbling IT services firms across the world, We would have heard about the HP-EDS deal of 13.2 Billion US dollars that had sent waves in the IT services segment. The latest mover and packers for today is Dell acquiring Perot Systems for 3.9 Billion US Dollars. A much sought after deal during the recession time it may trigger a string of acquisition and mergers in the coming quarters. Perot Systems which was more  into IT services like application development, System Integration. Dell the direct-2-customer sales model company which pioneered the customized computer to the customer was facing loosing revenue to its life time rival HP which was aggressive in the market in the past 8 quarters. However much needs to be seen as this transition would lead to better valuation in the industry.

According to Economictimes.com Dell is to acquire Perot Systems for 3.9 Billion US Dollars. The transaction is to completed by November – January quarter.The company’s shares fell 79 cents, or 4.7 percent, to $15.90 in premarket trading, while Perot’s stock shot up $11.79, or 66 percent, to $29.70.

What is this for the Indian IT firms and their peers in this country needs to be seen as India is said to be emerging as the second point of IT revolution for the World. As the great saying “Time and Tide” don’t wait for anyone. The first movers have the instinct and killer advantage over their rivals.

Written by Anand.G
The writer is founder of a cricket website Crickick.com, a IT-ITES Professional, an startup enthusiast

 

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Former Wipro VC Vivek Paul to start ITfundas.com

3:49 pm in IT News by admin

vivekpaulVivek Paul, the erstwhile Vice chairman of Wipro Technologies hasn’t lost his touch for Technology. After leading wipro from a unknown organization of revenues 150$ million dollars in 1999 to 1.4 Billion dollar company by 2005 is planning to connect IT professionals across the country through a medium of networks. Based on similar grounds like linkedin.com ITfundas.com is geared to collaborate, network and convergence the power of social networking on a massive scale reports economictimes.com
Vivek Paul was a former GE Medical Systems CEO who led GE to staggering heights and was also instrumentation for the growth of wipro to a top leading company. Several online magazines like Time had reported about Vivek Paul as one of the powerful 30 CEO’s of those days. It is stated that Vivek Paul has started Kinetic Glue Online Communities, Vivek Paul’s latest venture, will make investments in other firms that have a presence in the Internet space Itfundas.com

Written by Anand.G
The writer is founder of a cricket website Crickick.com, a IT-ITES Professional, an startup enthusiast
 

 

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New Technologies to aid the growth of IT Majors

6:36 am in IT News by admin

newtechnologies

With the recent decline in the growth of y-o-y of 24% as of 2008 and Nasscom prediction of the growth of the Indian IT market at submissive level of 4-7% for year 2009-10 , a lot of introspection have led  major IT companies to  start corroborating on new technologies as reported in Economics.com IT companies like Cognizant are creating new sub-verticals healthcare, retail, logistics, media and entertainment and  are integrating in their consulting practices. These initatives may have helped companies increase their revenue. IT Bellweather Wipro which had pioneered near shoring and offshoring in the yester decades of 80′s and 90′s has also created newer strengths like cloud computing, green IT, collaboration software, social computing, information management, mobility and open source creating a new wave for better optimization of clients. So whatever newer technologies are emerging, are aiding the older and yester day companies for a bright future and sustenence of Indian IT industry.

Written by Anand.G

The writer is founder of cricket website Crickick.com, a IT-ITES Professional, an startup enthusiast

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Good News for CEOs in BT/IT Sector in Karnataka..!!

2:35 am in IT News by admin

The Indian IT industry that has been having a lot of pains and difficulty days needs to cheer as the Governement of  Karnataka has gone one step forward in creating a seperate unit for IT\BT clearance. Due  to the difficulties encountered by leading Global CEO’s the  Karnataka Government plans to set up an IT/BT development authority which  will function as a ‘true’ single-window to ensure speedier clearance of business proposals.  It seems the Karnataka Govekarnatakarnment wants to create an investor friendly environment in the state and since its already the leader in information technology exporting nearly Rs57,000 crores annually in the year 2008-09.

Written by Anand.G

The writer is founder of a cricket website crickick.com,IT-ITES Professional and startup enthusiast

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Narayana Murthy, After IT invests in Green Fund………….!!!!

4:23 am in CleanTech by admin

narayanamurthyAfter creating the greatest IT brand in the history of Indian Corporate Narayana Murthy Chief Mentor of Infosys seems to have a liking for Green Fund. With Green technologies and Clean Technology being the buzzword for the new generation.Narayana Murthy is investing in US based firm Sideran Ventures for its clean technology opportunities. The fund is stated around 150$ Million dollars(around Rs745 Crores) and lists well known Indian scientist like Raghunath Anant Mashelkar and Rajendra K Pachauri as senior advisors reports Business Standard. Murthy seems to have taken a keen interest as a venture capitalist role seems to have even considered on After creating the greatest IT brand in the history of Indian Corporate Narayana Murthy Chief Mentor of Infosys seems to have a liking for Green Fund. With Green technologies and Clean Technology being the buzzword for the new generation.Narayana Murthy is investing in US based firm Sideran Ventures for its clean technology opportunities. The fund is stated around 150$ Million dollars(around Rs745 Crores) and lists well known Indian scientist like Raghunath Anant Mashelkar and Rajendra K Pachauri as senior advisors reports Business Standard. Murthy seems to have taken a keen interest as a venture capitalist role seems to have even considered on nano housing project along with Jerry Rao, who is a relative of Narayana Murthy. Siderian Venture will focus on early stage entrepreneurial opportunities in the united states, Europe and India. The fund is planning to invest in market driven solutions to environmental challenges to cater for better greener solutions in the market.

Written by Anand.G

The writer is founder of a cricket website crickick.com,IT-ITES Professional and startup enthusiast

 

 

 

 

 

 

 

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Bigwigs coming clean…!!

1:45 am in CleanTech by admin

it-savings

Bigwigs are coming clean..albeit in a different way..with “Clean Technology” ..! Clean tech includes a plethora of energy efficient appliances/technology in renewable energy , IT , green transporatation and the likes. Clean tech’s sole purpose is to create electricity and fuels with a smaller environmental footprint. This gave rise to a new concept “Environmental Finance” by which new clean technology projects that have proven that they are “additional” or “beyond business as usual” can obtain financing through the generation of carbon credits.Carbon credits create a market for reducing greenhouse emissions by giving a monetary value to the cost of polluting the air. Emissions become an internal cost of doing business and are visible on the balance sheet of the company alongside raw materials and other liabilities or assets.

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Infosys, Wipro are preying during the slowdown….!!

8:19 am in IT News by admin

Infosys and Wipro the darlings of the Indian IT industry have realized the importance of the slowdown are increasing their capabilities to deliver and acquire newer strengths. Sensing an opportunity during these slowdown the IT Majors like Infosys technologies is pursuing upto 12-15 deals worth 1 Billion this quarter according to Chief Executive S Gopalakrishnan amid hopes of a revival in outsourcing business momentum. According to him the US market accounts nearly 62% and Europe accounts nearly 26% of its total revenues of 4.6 Billion Dollar. It seems Infosys is planning to acquire company in the revenues of the range of $450-500 million. Wipro also is not resting on its accolades. It is also planning to acquire companies in the range

Written by Anand.G

The writer is founder of a cricket website crickick.com,an IT-ITES Professional and a startup enthusiast
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