@IT services
MindTree Spins Off Business into 5 Units
by CXOtoday Staff    Mar 31, 2009
Category : News & Analysis
MindTree, a global IT solutions company, announced a major organization-wide restructure as part of its giowth plan and with the objecive of becoming a $1 billion organization. The restructuring, which will be effective April 1, 2009,...
Recession Hurts India's R&D Offshore Outsourcing
by Manu Sharma    Mar 18, 2009
Category : News & Analysis
At the time of recession, lower billing rates in China offer a lucrative proposition for US based companies to outsource their offshore R&D related work to third party service providers in China. This is impacting the Indian outsourcing...
Mindteck to Continue Outsourcing to India
by Manu Sharma    Mar 09, 2009
Category : News & Analysis
Despite Barack Obama Administration coming out with strong anti-outsourcing announcements, Mindteck, a global technology and IT services company, will continue to outsource work to India. After a decade of outsourcing that helped transform...
IT Services a Strategic Imperative: Gartner
by CXOtoday Staff    Feb 27, 2009
Category : News & Analysis
Technology : Infrastructure
Organisations seeking to rationalise IT spending should look closely at IT services investments as they can represent one the largest opportunities for cost savings and optimisation, according to Gartner. "During the last five years,...
'Satyam Will Contract and Become Much Smaller'
by Tabrez Khan    Feb 16, 2009
Category : Interviews
Technology : Infrastructure
Phaneesh Murthy, CEO of iGate, in a telephonic interview with Tabrez Khan shared his views on a number of interesting issues including his latest disinterest in Satyam, effects of the recession and the impact of US President Obama's policies...
9.5% Rise in IT Services Spending in 2008: Study
by CXOtoday Staff    Jul 29, 2008
Category : News & Analysis
Technology : Infrastructure
Though the economy remains weak, IT services will persist to grow through 2008 end, said a Gartner study released last week. The research firm said that global IT services expense will rise by 9.5% this year to $819 billion. Among this large...
HCL, Saba Alliance Targets India
by Priyanka Akhouri    May 03, 2007
Category : News & Analysis
HCL Technologies, a global IT service provider; and Saba, the premier Human Capital Management (HCM) software and service provider have joined forces to provide Saba's products bundled with HCL's services to the customers. The two...
GTL to Foray into 3G
by Sonal Desai    Apr 26, 2007
Category : News & Analysis
Network services provider, GTL is planning a foray in the 3G spectrum. The company is considering acquisitions to expand expertise into the space, and is also hiving off its IT services department, to focus on core businesses. Manoj...
Capgemini Set To Buy Out Kanbay
by CXOtoday Staff    Oct 26, 2006
Category : News & Analysis
Consulting, technology and outsourcing services provider, Capgemini is set to acquire Kanbay International, a global IT services firm focused on the financial services industry. According to the merger agreement, Capgemini acquires all...
Wipro Implements Oracle E-Business Suite
by CXOtoday Staff    Oct 24, 2006
Category : News & Analysis
Technology : Hardware & Software
Wipro Technologies - the global IT services business of Wipro Limited, and Oracle have announced implementation of the Oracle E-Business Suite at Merichem. Houston based Merichem supplies chemicals, technology, and services for hydrocarbon...
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