@sub-prime crisis
APAC: Not Completely Immune to Economic Slowdown
by CXOtoday Staff    Oct 29, 2008
Category : News & Analysis
Technology : Infrastructure
With ripples of the economic meltdown spreading across the world, Gartner says APAC markets will not suffer as much as their Western counterparts. In a worst case scenario, IT spending in APAC is forecasted to grow 8.3%in 2009 to reach $ 585.7...
20 Tips to Tide over the Recession
by CXOtoday Staff    Oct 27, 2008
Category : News & Analysis
In tough economic times, all enterprise departments are required to tighten their belts. To help IT execs navigate through the cost-cutting maze, Gartner analysts Wednesday presented a list of 20 ways that IT execs can slash expenses. * The...
India BPO Industry to Grow
by Muntazir Abbas    Oct 20, 2008
Category : News & Analysis
At a time when the US economy is reeling under the financial crisis, the domestic market needs a well-managed approach to overcome global economy havoc. The situation is not so gloomy, although ICICI, the largest private bank in India, has...
IT Spending to Slowdown in 2009
by CXOtoday Staff    Oct 14, 2008
Category : News & Analysis
Technology : Infrastructure
Global economic problems are impacting IT budgets, however, the IT industry will not see the dramatic reductions that were seen during the dot.com bust, according to Gartner. At that time, budgets were slashed from mid double-digit growth to...
SAP Sees Unexpected Slump in Revenue
by Abhinna Shreshtha    Oct 08, 2008
Category : News & Analysis
Technology : Hardware & Software
Business software provider - SAP, has reported that the ongoing financial crisis has lead to a drop in its software and software-related services revenue in the closing weeks of September. Speaking at a conference call for financial...
Nomura to acquire Lehman Bros. BPO
by CXOtoday Staff    Oct 03, 2008
Category : News & Analysis
Japan s biggest securities firm - Nomura Holdings, would pay several billion yen to acquire the Mumbai-based operations Nomura Holdings is planning to acquire Lehman Brothers Holding's Indian back-office operations, including its IT...