Bonjour India says France; To kick off cultural fest in December

France says Namaste to India — French style. In an effort to bring French culture to more than 18 cities in India, the Embassy of France in India and Culturefrance, have announced the launch of ‘Bonjour India — Festival of France in India’.

The Bangalore chapter of the celebrations was launched in Alliance Francaise, Vasanthnagar by Jerome Bonnafont, the French ambassador to India on Thursday. “The French President and the Prime Minister of India have agreed on a unique partnership between India and France on the issue of global warming and sustainable development. We support it with ‘Bonjour India’ by giving the people an experience of the young, multi-coloured, creative and dynamic France,” said the Ambassador.

The mega festival is an initiative to celebrate Indo-French relationship through a series of exhibitions, music concerts, book launches, film festivals, literary meetings and debates, food festivals, scientific exchanges and other cultural events over a period of three months from December 2009 to February 2010.

The festival is planned in a grand manner in Bangalore, which is identified as a melting pot of world cultures. The Bangalore chapter will be inaugurated officially on December 5 across the city.

The ambassador emphasized the French government’s efforts to encourage Indian students in France by reforming the visa and work system in favour of students. He also said that Bonjour India will help further the process by giving students in India a taste of France.

TRADE IN FRANCE

Throwing light on Indo-French trade possibilities, the French ambassador emphasized that France is keen on building trade relations in India. “We are one of the largest European nations to invest in the IT sector in India. The French company Capgemini that specialises in IT, management consulting, outsourcing and professional services, currently employs around 20,000 people in India,” said Bonnafont.

“France is also looking at investing in other consumer products such as tyre manufacturing by setting up Michelin’s Rs 4,000 crore production facility in Chennai that would provide employment to about 1,500 people. The other key areas that we are looking at are furniture, clothes and apparel that cater to the growing middle-class milieu, who look to have a better lifestyle at competitive pricing. However, heavy duty taxes add to the challenges of growth in these sections,” he added.

Times of India

Over the next 5 years 1,000 German firms may invest in India

Upbeat on the second fastest growing economy in the world, about 1,000 German firms may invest in India in the next five years, the head of Baden-Wurttemberg, regarded as the most successful German state, said today.

"I am sure, in next five years 1,000 more companies from Germany and may be 200 from our state would be interested in investing in India," Guenther H Oettinger, the Minister- President of State of Baden-Wuerttemberg (Germany) said here.

About 1,800 German firms, including Porsche, Siemens, BMW, Voith and Audi have already invested in India which is being seen as the potential German manufacturing hub for the Asian market.

Indian industry and workers match the quality of Europe's and North America's, Oettinger said at the CII meeting.

With over six per cent expansion, the Indian economy is the second fastest growing after China despite global recession.

German Ambassador to India Thomas Matussek also addressed the meeting stating the India-German bilateral trade is expected to touch $27 billion by 2014 from over $18 billion in 2008.

India's major exports to Germany include garments, machinery and instruments, electronic goods and transport equipment, while imports comprises machinery, iron and steel, machine tools and organic chemicals.

Agencies

No easy going for IT companies in Europe

For India’s top tech firms seeking to grow revenues from Europe in order to offset lower spend by American clients, it’s going to be Key facts on India's IT industry

a long, arduous journey, said research firm Forrester on Wednesday.

The US, which accounts for over half of India’s $60-billion software outsourcing industry, has traditionally been the top market for Tata Consultancy Services (TCS), Infosys and Wipro, among many others. However, over the past few years, Indian tech firms have been trying to mitigate their high American exposure by focusing on Europe’s $14-billion market for software and back-office services.

“You cannot replicate the US model in other markets. Unlike the US, European customers are not thinking primarily about costs. If Indian companies follow the same model for another 2-3 years, they will struggle,” said Sudin Apte, principal analyst of Forrester Research. Mr Apte, who surveyed around 400 European customers in order to understand their outsourcing priorities, said India’s tech firms will need to go beyond just hiring local workforce for sales and delivery efforts, if they really want to become successful in Europe.

“Offshoring in North America is a standard business decision, however in continental Europe, it’s a religious decision,” said Mr Apte, quoting one of the customers surveyed for his study.

Indeed, for almost a decade, the UK has been the top market for Indian companies with customers such as British Petroleum (BP) and British Telecom (BT) outsourcing projects to TCS, Infosys and Wipro. However, the UK, which outsources around $9 billion worth of projects to India every year, does not reflect the entire Europe.

“The United Kingdom is very similar to the US, unlike continental Europe where language and cultural barriers exist,” added Mr Apte.

Many European customers are more comfortable working with delivery teams in neighbouring countries, instead of signing large offshore contracts. “For example, Romania’s historical ties with Bulgaria, Italy, Greece, and Germany makes it easy to connect with clients in these locations,” Mr Apte added.

However, mature outsourcers such as BT, BP and ABN Amro have had no such bottlenecks, while deciding to work with large Indian offshore services providers such as TCS, Infosys and Wipro.

“For globalised European customers, outsourcing is not a new phenomenon, but for many companies, especially those who are pan-European only, outsourcing and offshoring is not such as hot thing,” he added.

Compared with Forrester’s survey in 2008, the current research shows a drop of more than 20% in the number of companies that were thinking about starting an offshore initiative for the first time. “This means that in the next 12 months, we will see few first-time offshore users sending their work to locations like India,” said Mr Apte.

The Forrester research also found that multinational firms such as IBM and Accenture are better positioned that the Indian IT vendors when it comes to serving customers in continental Europe.

“Accenture has more staff serving continental Europe customers than anybody else - it’s not about pure offshoring anymore,” he said. For instance, Accenture serves more than 300 customers from Germany with a few hundred staffs making use of the managed services model, which allows the company to serve more with less.

Agencies

One billion mobile users in India by 2015

India could have more than one billion mobile phone users by 2015, with the bulk of that growth in rural areas, one of the country's top telecom executives said on Wednesday.

Manoj Kohli, chief executive of India's biggest mobile phone group Bharti Airtel, told an industry conference in Hong Kong that his firm is aiming to almost double its customer base to 200 million people in the next few years.

"Achieving a billion plus (Indian mobile users) by 2015 is possible," he told the Mobile Asia Congress, the region's largest telecom industry gathering.

"The largest growth will happen in the rural market," he said, adding that pricing wars between providers were knocking down rates in the Indian market and making phones affordable to more people.

Competition in India has become even more aggressive as new players unleash deeper price cuts with innovative per-second billing plans that have pushed call costs down to less than a cent a minute.

"There is hyper-competition like no other place in the world," he said.

India is the world's second-biggest cellular market with more than 400 million users, lagging behind only China, which has over 600 million users.

Rural customers are also seen as key to growth in China, said Chang Xiaobing, chairman of China Unicom, one of the nation's three major telecoms operators.

The company aims to tap "vast rural areas" for growth as demand for basic mobile voice services slows in saturated urban markets, he said, with customers now looking for multi-function devices that can send emails or play movies.

"Voice is a mature market in some areas, but we still see some growth potential," Chang told the conference. "Voice will be in continuous demand (in China)."

But Chinese operators must boost their data business to offset falling prices on voice calls, he said.

Chang has said he expects Apple's iconic iPhone, which Unicom distributes, will be China's highest-selling smartphone despite disappointing results after its official launch this month.

Mobile connections in Asia Pacific are expected to cross the two billion mark this year, more than triple the level in 2003, according to statistics released by conference organiser GSMA, a mobile industry trade group.

Agencies

IT spending likely to fall 5.2% worldwide, says Gartner

The worldwide IT spending is on pace to decline 5.2 percent this year. However, the IT industry will return to growth in 2010, with IT spending forecast to total $3.3 trillion, a 3.3 percent increase from 2009, according to research firm Gartner. In Asia Pacific, IT spending is expected to grow by five percent to reach $515.6 billion in 2010.

Peter Sondergaard, Senior Vice President at Gartner and Global Head of Research, said that this represented a fast V-shaped recovery for IT spending in the region. Emerging regions will resume strong growth, he said. By 2012, the accelerated IT spending and culturally different approach to IT in Asia will directly influence product features, service structures and the overall IT industry.

However, growth varies considerably by country, vertical market and IT sector. Sondergaard said that while software would post the strongest growth in Asia Pacific, telecommunications still represented the largest area of IT investment.

In Australia, the five-year outlook for enterprise IT spending is a compound annual growth rate of 1.3 percent, with total IT spending by Australian businesses to reach Australian dollar 56.4 billion by 2013. The vertical sectors with the highest IT spending growth would be communications (3.2 percent), healthcare (2.6 percent) and utilities (2.3 percent). While IT spending will increase next year, Gartner cautioned IT leaders not to be overly optimistic.

"While the IT industry will return to growth in 2010, the market will not recover to 2008 revenue levels before 2012," said Sondergaard. 2010 is about balancing the focus on cost, risk, and growth. For more than 50 percent of Chief Information Officers the IT budget will be zero percent or less in growth terms. It will only slowly improve in 2011, he added.

Sondergaard said that the three most-searched terms by Gartner clients on gartner.com provide some clues as to the priorities of IT leaders around the world. Cost remained the most-searched term during 2009, although it peaked in May, followed by cloud computing. "Next year will be the year when cloud computing moves from the discovery phase to small pilots, as part of organizations' desire to move from owned to shared IT," he said.

The third most-searched terms on gartner.com were business applications such as enterprise resource planning (ERP) and customer relationship management (CRM). "We believe that 2010 will see increased focus on optimization of business processes linked to software applications, what we call application overhaul. That is what will drive growth in the software segment," Sondergaard said.

Agencies

Quest Software Offers SaaS Windows Management Solutions

Quest Software, Inc. has announced the launch of its first set of Software as a Service (SaaS) Windows management solutions. Quest OnDemand will be hosted on Windows Azure, securely managing IT environments by leveraging Microsoft Corp’s Windows Identity Foundation (WIF) and Active Directory Federation Services (ADFS) 2.0. The first solutions are currently available in beta.

Quest Recovery Manager OnDemand for Active Directory provides backup and object-level recovery of Active Directory data. It is designed to enable flexible, scheduled backups without manual intervention, facilitating quick and scalable recovery of Active Directory data. Quest InTrust OnDemand securely collects, stores, reports, and alerts on event data from Windows systems, helping organizations comply with external regulations, internal policies and security best practices. Both products are expected to be generally available in Q1 2010 on a subscription basis without requiring on-premises deployment and maintenance.

In addition, Quest will roll out a Windows Azure-based SharePoint site report solution, Quest Site Administrator Reports OnDemand for SharePoint, which will give administrators the ability to run overview reports on an unlimited number of sites across their organizations. This solution will be available at no cost.

“Quest has been a long-time partner and leader in Windows management solutions. The evolution of adopting its on-premises solutions to SaaS proves once again that Quest is committed to leveraging the latest technology to proactively lead their customers to the next level of IT efficiency,” said John Chirapurath, director of the Microsoft Identity and Security Business Group at Microsoft. “The fact that the Quest OnDemand solutions are built upon the Microsoft technologies such as WIF, ADFS 2.0 and Windows Azure demonstrates the company’s focus on the importance of business-ready identity and security services in cloud computing.”

Quest OnDemand solutions leverage the Windows Identity Foundation for all identity management, authentication and authorization and are hosted on the Windows Azure platform for secure storage of customer data. In addition, ADFS 2.0 enables authentication by creating a federation between a customer’s on-premises Active Directory and the Quest OnDemand solutions. The combination of these technologies provides customers with secure and seamless service.

“Quest has helped IT manage on-premises Windows environments for more than a decade, and now many of our customers are making the strategic decision to manage these environments with cloud-based services,” said Dmitry Sotnikov, manager of new product research, Quest Software. “Adapting to SaaS solutions will give them the security and management capabilities they need, while eliminating on-premises maintenance and minimizing upfront costs.”

During the Professional Developers Conference, Kim Cameron, chief architect of Identity at Microsoft, will present “Security + Services Identity Roadmap Update” on Nov. 17 at 11:00 a.m. PT. Quest’s Dmitry Sotnikov will demonstrate the Quest OnDemand framework and Recovery Manager OnDemand solution during this session.

Agencies

Why are banks in the US on the downfall?

The U.S. economy is showing signs of recovery, but despite that fact, the number of bank failures in the U.S. has continued to increase with 123 entities going out of business so far this year. The authorities shut down three banks - Orion Bank based in Naples, Pacific Coast National Bank in San Clemente and Century Bank F.S.B of Sarasota on November 13, taking the count of failed banks to 123 this year, according to PTI.

The Federal Deposit Insurance (FDIC), which was named the receiver of the failed banks, took over Orion Bank, with about $2.7 billion in assets and $2.1 billion in deposits and Century Bank with $728 million in assets and $631 million in deposits. Pacific Coast National Bank was also shut down. It had $134.4 million in assets and $130.9 million in deposits. In addition, FDIC had entered into a purchase and assumption agreement with Iberia Bank of Lafayette, Louisiana, to assume all of the deposits of Century Bank, FSB.

However, the maximum number of collapses this year took place in July, when 24 banks were closed down, while 20 entities bite the dust last month.

Despite the slowly improving economic situation, soaring unemployment rate have resulted in rising defaults, primarily impacting the small and medium banks.

Agencies

Google adds new social search functions for users

Internet search giant Google has been working on adding more features in its search domain for making it easy for the users to easily find blogs and twitter feeds.

Users need to open a profile with Google and services can be accessed from Google labs.

Google Germany spokesman Stefan Keuchel said that friend finding on internet would become very easy with the help of new facility. He added that Twitter feed's new searches and the recently introduced search functions are different. The function would initially be made available in English.

The new social graph can be readjusted as per user's preferences. The feature would allow only close friends to be highlighted in the searches, leaving postings from others.

Agencies

Watch TV anywhere with new Nokia mobile TV phones

Nokia has announced the launch of Nokia 5330 Mobile TV Edition, which will allow users to watch television anywhere. The phone is an entertainment hub that combines mobile broadcast TV (DVB-H), social networking, music and gaming in one compact 3G device. Nokia says that broadcast TV consumption is on the rise and by 2012 there will be over 300 million people worldwide watching TV on their mobile phones.

"The introduction of the Nokia 5330 Mobile TV Edition responds to the arrival of DVB-H broadcast mobile TV networks in new markets and offers an affordable device for new and existing customers alike. Customers are increasingly watching a variety of programmes on their mobiles, such as drama programs, news and sport, for a longer period of time. The Nokia 5330 Mobile TV Edition has the sound and image quality to hold audiences captive," said Mark Selby, Vice President, Nokia.

Nokia 5330 Mobile TV Edition's DVB-H technology allows programs to burst through the QVGA 2.4" screen in full-colour, crystal clear, sharp images. A user can set reminders for favorite shows and create personal channel lists with Nokia's Electronic Program Guide (EPG) for a good mobile broadcast TV experience.

The Nokia 5330 Mobile TV Edition provides broadcast picture quality while the headset acts as an antenna for outstanding reception. Long battery life gives up to six hours of DVB-H usage. "It is essential for DVB-H service providers to have a variety of devices capable of serving the mass market. Having a complete portfolio of handsets is pivotal for the commercial success of mobile TV. The new Nokia DVB-H enabled mobile phone, the Nokia 5330 Mobile TV Edition, is a great addition to the current portfolio of broadcast TV-capable handsets," said Franklin Selgert, Chairman, Broadcast Mobile Convergence Forum.

The Nokia 5330 Mobile TV Edition comes with all the latest social networking software, making it simple to stay in touch with friends via Ovi Contacts, Facebook, MySpace and YouTube. Post status updates for friends and family to follow or instant message (IM) them via Windows Live(TM) Messenger, Google Talk, Yahoo! Messenger, ICQ, AOL and many others.

Users can capture photos and video clips, day or night, using the 3.2 megapixel camera with 4x digital zoom and LED flash before uploading and sharing favourite shots via sites such as OviShare and Flickr.

Nokia and Nokia Siemens Networks work with more than 30 operators worldwide on Mobile TV implementations. Commercial launches with Mobile TV services based on DVB-H and OMA BCAST standards include Austria, Finland, Ghana, Kenya, India, Italy, Namibia, Nigeria, Netherland, Philippines and Switzerland. Nokia 5330 Mobile TV Edition costs around Rs. 11,000 excluding taxes.

Agencies

IDC says India's domestic BPO market to touch $6.82 bn

After establishing itself as a major player in the international BPO market, India is now set to shift focus on the domestic market, which is projected to grow at over 30% annually.

According to a report by IT research firm IDC India, the country's domestic BPO market, with nearly 500 players, will grow at a CAGR of 33.3% to touch revenues of $6.82 billion by 2013, up from $1.62 billion in 2008.

The report said the domestic BPO industry would evolve from just running isolated processes for customers to engaging more deeply in identifying and transforming core business processes.

"Positive market indicators of an economic recovery, unbundling of mega outsourcing deals and large unaddressed white spaces such as regional language services support the current optimism," the report said.

Currently, the BFSI vertical contributes the lion's share of 37% to the domestic sector's revenues, while telecom contributes about one-fourth to it.

Other verticals like utilities and services, energy, food and hospitality, aerospace and automotives, consumer durables and government contribute 17%, while the travel segment contributes 8% to the revenue.

Agencies

Why Yahoo! want to chip in for unique ID cards project?

I was raised as a pretty poor farm girl in Wisconsin and always thought of upgrading myself. So I over-achieved! I was lucky...” A characteristically short bio from Carol Ann Bartz, the feisty chief executive of the $7.2 billion internet company Yahoo! and editor of ET’s Emerging Business and IT page today. But there's more to the lady than her reputedly colourful language and distinct management style that has roused the veteran internet company from its supposed stupor.

She battled cancer to take her previous company Autodesk from a mere vertical applications company into a diversified yet focussed $1.4 billion software giant. When she stepped into the top job at Yahoo! this January she had knee surgery. "So, I've decided that I won't start another new job — that knee replacement hurt much more than cancer!” she laughs, but the gritty spirit shows.

Considering she took her time to agree to Yahoo! co-founder Jerry Yang's repeated pleas to come out of retirement, it was obviously more than glasses of her favourite cheap white wine that made her say yes. The tedium of her golf handicap improving only from 40 to 28 and days filled with gardening, photography and reading were only partly responsible. It was obviously the Autodesk-like challenge of clearing up and focusing while steering the Sunnyvale, California-based company out of a financial slump.

And the first big decision she took reflected it: a decade-long alliance with Microsoft in the search space. “Yahoo currently has a market share of about 20%; Microsoft has about 8% in search. Combined, we will have over 28%,” says Bartz. “But the two will exist as separate brands, maintain their identities. Yet, users will have more data to go after when they search — it’ll make a Yahoo! search deeper and better, and we expect regulatory approvals on the alliance by Q1, 2010.”

An India fan who has been to this country five times before, on her first visit as Yahoo! CEO she is predictably clear about her plans here too. And it has nothing to do with her interest in Mughal history and elephants... She wants in on the government’s Unique Identity Project, and more. She met the PM about it and her friend Nandan Nilekani, stressing Yahoo’s strength. “It involves a huge database and we at Yahoo! have expertise in handling huge amounts of data,” she reveals.

Education and training, what internet can do and how mobile phones can transform the internet experience, are obviously also target areas - and since India is Yahoo's biggest R&D centre after Sunnyvale, more than a supporting role is on the cards. "Entire products are already developed here, not parts of products. Our cloud computing initiative, video search ability and the total search monetization project are being done by Yahoo! in India," she emphasises, seeing Yahoo developing even more tools out of the India centre.

But the main trend this "over-achieving" tech pioneer (she got her computer science degree in 1971) sees is the web getting more collaborative and yet personalised. "It's not just about gathering information but also sharing, and about getting each others opinion," she says as she decides on 'collaborative internet' as the theme for her EBIT page today.

Economic Times

Google enters mobile advertising space with AdMob acquisition

In a push to expand its digital advertising empire to cellphones, Google has agreed to acquire AdMob, a fast-growing mobile advertising start-up, for $750 million in stock, the companies said.

AdMob is one of the top sellers of banner ads on iPhone applications and Web pages that can be retrieved from mobile phones. The acquisition could help establish Google as an early leader in the small but rapidly expanding mobile phone advertising business.

The deal shows that Google is serious about becoming a major player in the mobile advertising ecosystem, said Neil Strother, an analyst with Forrester Research. It puts Google in the front-runner position.Strother and other analysts said that position could prove tenuous. The mobile advertising business, which has long been hailed as the next big thing, remains embryonic.

Agencies

Accenture on a hiring spree in India; To hire 8,000 by 2010

Global technology and consultancy firm, Accenture has said that it is going to add around 8,000 people in India by the end of next year taking its total employee base in the country to 50,000.

"We are 42,000 right now and we imagine we will be about 50,000 by the end of 2010," said Accenture Chairman and Chief Executive Officer, William D Green on the sidelines of the India Economic Summit. Indicating a recovery from the global downturn, Green said the company will continue to focus in India, specially in the areas of analytics, reports a media.

Accenture's focus in India is going to be the analytics space, which will help its clients in converting information into insights for better yields. Green added, "We believe that analytics is going to be an important trend that our customers are going to demand from us. We think India is going to be a great place for us. We have some core centres of excellence in the analytics space in the country."

Accenture, which has annual revenue of $21.58 billion for fiscal 2009, will strengthen its focus on clients in pharmaceutical, telecommunications and energy in the country.

Agencies

By 2010 Indian cos to see 20-30% pick up in hiring

Riding high on a six to seven per cent expected economic growth and with the global economy gradually bouncing back, India Inc is likely to hire 20-30 per cent more talent in CY 10, a top industry official said.

"In 2010 (January-December), I envisage atleast 20-30 per cent increase in recruitments by companies," recruitment consultancy firm, Fun & Joy At Work's Chief Executive Officer, R L Bhatia, told the media here.

This would be over and above the 30 per cent dip in hiring that was witnessed last year, Bhatia said.

Fun & Joy At Work is a nine-year-old recruitment firm with offices across Mumbai and Singapore. The company claims providing talent consultancy to a host of Indian companies across sectors.

BPOs, bio-technology, media, telecom and finance are some of the sectors likely to witnessing higher hirings, Bhatia said.

The Indian economy would clock around six to seven per cent growth and substantial investments into India is in the offing, Bhatia said, adding, "this will trigger an increased hiring."

Bhatia said that despite the the slowdown, companies did hire, though less in number.

"Maybe they hired less, but they hired nevertheless," he said.

His own firm had some 30 companies which have plans to hire around 20,000-30,000 personnel, he said.

"Industry is exercising caution now. As a result, companies are investing only when and where it is necessary. They are sensibly investing in people or human resources," he said.

Agencies

Intel to partner with telecom major ITI

Intel, the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.

ITI intends to be a minority partner in the proposed joint ventures with a 26 per cent stake according to the bid proposals, the newspaper said.

It said Intel was interested in making the hardware and consumer premise equipment around WiMAX technology, which provides for wireless transmission of data up to 75 megabytes per second.

Though interested parties have been asked to participate before Jan 29, 2010, the telecoms ministry is holding a pre-bid conference before selecting them, the paper said.

Other global players that have showed interest include Huawei, Alcatel-Lucent, Samsung and Hitachi, the paper said.

A spokeswoman for Intel in India could not immediately respond to the report.

Agencies

JavaScript programming tools now from Google

With a project called Closure Tools, Google plans to start helping developers who aspire to match the company's proficiency in creating Web sites and Web applications. Google is a strong proponent of using JavaScript to write Web-based programs, which is a part of its Web-centric ethos, reports CNET News.

Indeed, the company has pushed the language to its limits with services such as Gmail and Google Docs, and it developed its Chrome browser in part to enable JavaScript programs to run faster. But writing, debugging, and optimizing heavy-duty JavaScript can be difficult - in part because a given JavaScript program sometimes works differently on different browsers. Google's open-source Closure Tools project is an attempt to help with some of these challenges.

The first in the suite of tools is the Closure Compiler, a software package designed to boil down a JavaScript program so it's smaller and runs faster. Along with the compiler come some extra tools that run in the Firefox browser. One, Closure Inspector, is an extension for Firefox's Firebug add-on designed to help programmers understand and debug the rewritten JavaScript. Another add-on for the Google Page Speed extension lets programmers see how much the compiler helped.

Google also plans to make the compiler available as a Web application hosted on its Google App Engine service. The second element is called the Closure Library, a collection of pre-built JavaScript codes that lets programmers handle relatively sophisticated technology - arrays and string manipulation, for example. Last are Closure Templates, more pre-written codes to ease creation of JavaScript and HTML user interfaces.

In an earlier era, programming tools were expensive packages bought by a select few, but open-source software, new marketing strategies, and new business methods have made that approach the exception rather than the rule these days. Now programming tools are often a means to another end - encouraging programmers to produce the software that will make Windows or the Palm Pre useful and therefore popular.

Agencies

Retail sector to grow at 28% during 2008-12 in India

During 2008-2012, the IT market in the Indian retail sector is likely to grow at an estimated compound annual growth rate (CAGR) of 23 percent; reaching $1.4 billion by 2012, says a report. According to the report titled as 'IT in the Indian Retail Industry: Emerging Trends and Market Opportunities' brought out by Springboard Research; software is estimated to grow at a CAGR of 28 percent for the period under review, while hardware will grow at 19 percent.

Springboard Research is an IT market research and advisory firm. The firm has brought out this report after interviewing leading IT vendors operating in the retail sector and 152 Chief Information Officers from both large and mid-sized retail companies across India. According to Nilotpal Chakravarti, Senior Research Analyst, Springboard Research, although the recession has affected retailers' profitability, it opens a window of opportunity for IT vendors as retailers turn to technology to address the challenging economic scenario. "Many retailers are eschewing curtailing their long-term IT projects, while they remain cautious with short-term IT spending and new investments," he added.

Nearly half of the CIOs in the retail sector interviewed, indicated large format stores/hypermarkets as the top business opportunity in the sector, while competition is named as the biggest business challenge by a majority of the CIOs. Inventory management has emerged as the top strategic IT focus areas for the CIOs, followed by supply chain management (SCM). Enterprise resource planning (ERP) topped the list of business applications in terms of actual deployments in the last 24 months.

According to Springboard's data, POS (Point of sales) is the top preferred store solution that Indian retailers have deployed in their stores. CIOs revealed that a large number of retailers mentioned price as a key determinant in external IT vendor selection, while strong service and support came in the second place on the list of priorities. Other influencers like vendor reputation and existing relationship rank much lower in the priority hierarchy. Springboard also found that local IT vendors have a sizeable foothold in the retail space because they provide low-cost, industry-specific solutions.

According to Springboard's data, SAP, Microsoft and Oracle hold the largest market share in the Indian retail sector, while HCL is the leading local vendor in the retail space. IBM is also named as among the leading vendors in this space.

"Best-of-class retail solutions like RFID, intelligent shelves, and kiosks still remain out of reach for the Indian market because of their high cost. IT vendors should look to address this gap by rationalizing costs, along with clearly defining ROI benefits for clients," said Chakravarti.

Agencies

Will the Web run out of address space?

The world could well run out of internet addresses next year, unless urgent action is taken to switch to a new generation of net addresses, the European Commission has warned.

According to the commission, businesses urgently need to upgrade to internet protocol version six or IPv6, a new version of the web’s addressing protocol, which will hugely increase the number of available addresses.

The IPv6 system has been ready for over a decade and is providing 340 trillion web addresses. But, not many companies are actually ready to migrate to the new platform.

A survey, conducted by the commission, found that few companies are prepared for the switch from the current naming protocol, IPv4, to the new regime, IPv6, the Daily Telegraph reported on Tuesday. The IPv4 and IPv6 protocols refer to the way in which addresses are created and assigned. Each website has a unique IP address, represented by a string of numbers, such as 192.168.1.1, which are then given a user-friendly web address to make them easier to remember.

The IPv4 protocol uses 32-bit addresses, which enables the web to support around 4.3 billion unique addresses while IPv6 uses 128-bit web addresses, creating billions of possible new web addresses. The EC survey found that of the 610 government, educational and other industry organisations questioned across Europe, the Middle East and Asia, just 17% have upgraded to IPv6.

Detlef Eckert, director in commission’s information society and media directorate-general, said: “Only by ensuring that all devices connected to the internet are compatible with IPv6 can we stay connected and safeguard sustainable growth of the internet.”

Agencies

Cisco, EMC, VMware join hands to take on IBM, HP

Technology heavyweights Cisco Systems and EMC Corp dampened speculation the two companies would merge as they announced on Tuesday a broad partnership to develop data centre technology, taking on rivals IBM and Hewlett-Packard. The two have spent three years developing technology and ironing out details of a deep partnership through which they will bundle Cisco’s networking equipment and server computers with EMC’s storage and virtualization technology.

Their goal is to become a top provider of data centre products as the industry switches to technology focused on providing socalled “cloud” computing services from central data centres that can be accessed over the internet and corporate networks.

As they announced that partnership, top executives from both companies suggested that persistent speculation Cisco plans to acquire EMC has been unfounded.EMC chief executive Joe Tucci said in an interview that the rumours may have been sparked as investors got wind of the close talks between the two companies that led to the partnership over the past few years.

Cisco CEO John Chambers said in the same interview, that “Our tendencies are to partner together. I think we do that remarkably well.” When specifically asked if he was interested in buying EMC, as investors have long speculated might be the case, Chambers said: “You buy big-tosmall. You partner big-to-big.”

The Wall Street Journal reported that the partnership will sell and provide maintenance and service support for a product called “V-Block,” combining EMC’s storage equipment, Cisco’s virtualized servers and networking gear and VMWare’s virtualization technology.

The partnership, the paper said, will have two components. It will be responsible for marketing and providing maintenance and support for V-Block. But the actual cloud infrastructure will be constructed by a coalition of the three companies.

The publication noted that technology giants had breached new markets, “turning once stalwart allies into competitors”.

The move by Cisco, EMC and VMWare, it said, comes amid a wave of consolidation among companies that provide hardware, software and services to corporate data centres.“Following the actions of IBM and HP to create one-stop IT shops, Dell announced in September it will purchase IT services firm Perot Systems. Software giant Oracle Corp, meanwhile, is awaiting European antitrust approval for its acquisition of Sun Microsystems,” The Journal said.

Agencies

Is Peanuts what you will be paid for IT job?

One may boast of being employed in IT in the current scene, however they have to work twice as much for getting an interview and the annual salary is peanuts compared to earlier days. A worsening economic crisis, increased availability of skilled workers and lower demand for software services have brought down the entry-level salaries for IT professionals in the country by up to 20 percent, according to experts tracking the sector.

Every year, around 3,00,000 computer science and engineering graduates seek employment with hundreds of tech firms, including big names such as Tata Consultancy Services (TCS), Infosys and Wipro. This year, more than half of them were left unemployed because tech firms were already finding it tough to manage resources sitting on the bench, according to Economic Times.

"The entry-level salaries are down by at least 10-16 percent. Last year, a number of companies gave away offer letters but did not recruit. On top of that, there is a new pool of qualified professionals being churned out this year - all this has created an oversupply in the entry-level IT job market where salaries typically sway between Rs. 3 lakh per annum and Rs. 5 lakh on the higher side," said GC Jayaprakash, Principal Consultant of Stanton Chase International.

Until two years ago, almost all computer and engineering graduates were absorbed by India's outsourcing industry, comprising top tech firms such as TCS, Infosys, Wipro and many others. However, as customers delayed and shelved outsourcing projects, these tech firms also postponed campus hirings. Many students had to approach potential employers directly, since companies did not visit their campuses for placements. "We formed groups and toured companies, and agreed to settle at lower salaries because it's better to be employed at lower salary than having no job at all," said Srilekha Varma, who recently accepted a job offer from a Chennai-based IT firm specializing in banking software.

In a normal year, computer science graduates were offered entry-level salaries of Rs. 3.5-5 lakh. However, companies are now hiring freshers at Rs 1.7-3.5 lakh. However, human resources heads at tech firms, including Wipro, India's third-largest software exporter, say professionals have become more realistic about what they want from their employers. "I don't think salaries have come down, but the environment has indeed helped us in containing salary hikes," Pratik Kumar, Head of Human Resources at Wipro said.

But few companies have not forgotten the offers made. TCS said it would do new campus hiring in January 2010 and will honor all 24,000 offers made for financial year (FY09). "Around 1,800 graduates have joined us in second quarter (Q2) and another 8,000 will join in Q3, rest of the graduates will join based on the demand," a TCS spokeswoman said. Infosys said for FY10, it has made 20,000 campus offers and expects an 80 percent conversion rate i.e. 16,000 of these offers to join the company. "We are honoring all our hiring commitments," an Infosys spokeswoman said.

Agencies

TCS signs multi-million contract with Cardiff City Council

Tata Consultancy Services' contract with Cardiff City Council for technology services is a multi-million dollar deal that will run over 15 years, a company source said on Tuesday.

Under the deal signed last week, Tata Consultancy will provide a host of IT services for faster and efficient delivery of services in Cardiff.

Tata Consultancy and its rivals such as Infosys Technologies and Wipro are aggressively vying for deals in markets such as Europe and Asia Pacific to cut their dependence on the US, which brings in more than half the sector's revenue.

Tata Consultancy, a part of the diversified Tata Group that spans commodities autos and services businesses, last month beat forecasts with a 29 per cent rise in quarterly net profit helped by demand from recession-hit financial customers.

Agencies

Green battery gives non-stop energy for years

Scientists at the Technion-Israel Institute of Technology have developed a new, environmentally friendly silicon-air battery capable of supplying non-stop power for thousands of hours without needing to be replaced.

Created from oxygen and silicon, such batteries would be lightweight, have an unlimited shelf life, and have a high tolerance for both humid and extremely dry conditions.

Potential uses include medical applications (example, powering diabetic pumps), sensors and microelectronics structured from silicon. “Silicon-air batteries will be used like the ones already in use today,” said lead researcher Yair Ein-Eli. “But by using silicon – a safe, non-toxic, stable and more common material – we can create batteries with infinite shelf life and high energy capacity,” he added.

Silicon-air batteries would be able to provide savings in cost, weight as they lack the built-in cathode used in conventional batteries.

Agencies

80,000 engineers to be absorbed in IT sector by 2010

Software industry body, Nasscom expects at least 70,000-80,000 engineering graduates who passed out in June 2009 and were offered jobs in their 5th and 6th semesters by TCS, Infosys and Accenture, among others, to get absorbed by March 2010. Not too long ago, there were apprehensions that the appointments of these tech grads could get deferred till 2011 in the aftermath of the global slowdown. However, the perception appears to have changed.

Speaking to the media, Nasscom Vice-President Sangeeta Gupta said, "There's some amount of pick-up in IT spending and clients have become active in the decision-making process. This augurs well for the IT industry and is likely to result in hiring by IT companies. Companies like TCS, Infosys and Accenture, among others, are expected to start honouring the offers they made. As a result, at least 70k-80k engineering graduates, who were issued offer letters, are expected to get absorbed by March 2010."

For instance, the country's biggest software firm Tata Consultancy Services (TCS) had made some 24,000 offers in 2008-09, according to its Q2 analyst call. The company had indicated that it would honour these offers this fiscal. In Q3, TCS is expected to absorb about 8,000-odd, and the balance, in the following quarter. Till Q2, the company had absorbed some 1,800 people.

Similarly, Infosys, in its Q2 earnings call, indicated that it would add 20,000 people instead of 18,000 indicated earlier. The additional 2,000 would be partly in BPO while the rest would make up laterals at Infosys Technologies.

Incidentally, Nasscom has urged member companies to recruit those who've completed their eighth semester to ensure that hiring is closer to the need of companies. For this fiscal, Nasscom has projected a mere 4-7 percent export growth. It is likely, that with IT sector showing signs of recovery, Nasscom will review the export target. "We can review the export target by end- December," she added.

McKinsey in its report titled 'Perspectives in the IT industry by 2020', has noted that with the current pace of reforms and expected constraints in talent and infrastructure supply, the exports component of the Indian IT industry is slated to reach $175 billion in revenues by 2020. The domestic component will contribute $50 billion in revenues by 2020, which is larger than the total export revenues for India now.

Agencies

e-book revolution hits Indian market

In a unique revolution in the publishing world, two Indian books have made their debut in the virtual world. Converted into the e-book format, both these books can now be downloaded on the e-book reader, Kindle.

Published by Indian publishing house Wisdom Tree, "Mantras: The Sacred Chants" by Swami Veda Bharati and "Yogini: Unfolding the Goddess Within" by Shambhavi Chopra can now be downloaded within minutes on the e-book reader.

The e-book versions, which have been uploaded on online retailer Amazon's website, can only be downloaded on Kindle.

Talking about the response to the e-books since last week, Shobit Arya, publisher at Wisdom Tree, said: "The results in the first week itself are absolutely amazing. We sold the first Kindle version of Mantras within hours of it being available and sold eight copies within the first three days itself."

Wisdom Tree has sent 15 of its books to be e-formatted on Kindle of which two have been done successfully while the rest are still in the pipeline, Arya added.

The only hitch in this is that Kindle is still not very popular in India unlike in the US. But according to Arya, it's just a matter of time before the rage catches up here and these e-book reader gadgets are readily available here.

"Online retailer Amazon whose initiative Kindle is, started shipping these e-book readers to almost a hundred countries, including India, recently. According to statistics shared by the company, they sell 48 Kindle copies for every 100 physical copies of books that they offer in both formats," Arya said.

"Five months ago they were selling 35 Kindle copies per 100 physical versions. Amazon thinks that ultimately they will sell more books in Kindle editions than they do in physical editions because it's easier and faster to acquire, don't need physical space to store like normal books and more eco-friendly," he added.

Taking the e-book step further, Wisdom Tree has also tied up with US book retail chain, Barnes and Noble, which has announced its own e-book reader called Nook. Therefore, books published by Wisdom Tree will soon be available through Nook as well.

"We all agree that content is the king but distribution of content is the real king-maker. In book trade especially the biggest challenge across the globe has been distribution. Technology has the potential to be a great leveller," Arya said.

"The world seems to be getting condensed in our palms - from communication to banking, from music to stock-broking and now reading - the new gadgets are like genies. The sooner we accept it and adapt ourselves to the changing scenario, the better it is," he added.

Agencies

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