IT Services
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ABERDEEN, S.D.-- A South Dakota Board of Regents committee has endorsed a plan to create a training academy that could result in bringing 1,000 new tech jobs to South Dakota. Minnesota- based Eagle Creek Software Services announced last month it wanted to bring 1,000 information technology consultant jobs to South Dakota.
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March 28- Industry research firm Gartner trimmed its tech spending outlook for 2013 because concerns about the U.S. budget and Cyprus' debt burden are expected to temporarily weigh on financial plans.
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March 28- Outsourcing and consulting services provider Accenture Plc reduced its forecast for revenue growth, saying its consulting business was still being hurt by a slowdown in corporate discretionary spending, especially in Europe.
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BANGALORE/ MUMBAI, March 25- India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff.
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*Deutsche Bank warns India's technology services sector could be hurt by currencies, offsetting a steady improvement in corporate spending outlook. *The research house says while Infosys Ltd. would be least affected by cross-currency moves, given its lower exposure to billing in sterling and euro, HCL Technologies Ltd.
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MUMBAI, Feb 22- A former Infosys Ltd executive is challenging the IT outsourcing industry's billing model by charging for results instead of basing fees on the time and labour put in by the armies of staff working for India's big firms.
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MUMBAI, Feb 18- India is aggressively pursuing tax claims against multinational firms operating in the country as the government seeks to rein in its budget deficit, taking particular aim at IT and back-office functions, tax officials say.
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Feb 7- IT services company Cognizant Technology Solutions Corp's quarterly profit modestly beat estimates, boosted by a jump in demand from Europe after quarters of tepid growth in business from the region.
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Feb 7- IT services company Cognizant Technology Solutions Corp reported a modestly better-than-expected quarterly profit as clients in Europe ramped up outsourcing, but guided first-quarter profit below analysts' estimates.
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Michael Fertik, CEO of Reputation.com, talks to CNBC about the launch of his Silicon Valley based company, which protects reputation and privacy on the internet, in the UK and why he is very bullish on Britain.
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Jan 23- Societe Generale upgraded IBM Corp's stock to "hold" From "sell", saying the world's largest technology services company would be able to increase revenue as technology spending improves in the second half of 2012, especially in Europe. It closed at $196.06 on the New York Stock Exchange on Tuesday.
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Tanuja Randery, CEO of MarketPrizm, tells CNBC that despite cutting jobs bank costs are going up and they have to look at IT to change this.
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DETROIT, Jan 10- General Motors Co will open a third U.S. information technology center as part of its plan to bring that work in-house and improve the automaker's efficiency and productivity. GM said on Thursday it will hire about 1,000 people, including software developers, database experts and business analysts, to staff the center near Atlanta.
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Claus Mortensen, Principal, Emerging Technology at IDC Asia Pacific says the information and communication technology sector in Asia Pacific ex-Japan will expand next year, driven by consumer growth. He also says companies are going to spend more on IT as they look to expand their businesses.
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IDC is out with its closely watched information technology trends for 2013. IDC chief analyst Frank Gens, offers insight, and says companies will deploy some $2 trillion toward IT projects.
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Mike Lynch, the founder of Autonomy who is engaged in a war of words with Hewlett-Packard Chief Executive Meg Whitman over allegations of fraud, is firmly at the heart of the British establishment and was once dubbed the “British Bill Gates” by the media.
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Peter Sondegaard, head of research at Gartner, tells CNBC this is pessimistic year when it comes to IT spending with the market only expected to grow 1.7 percent, but next year Gartner expects acceleration to 3.8 percent.