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Tag: TCS/ Competitor / IT News (page 3 of 4)

A contest to support innovative business ideas

Teams should come up with business plan from socially relevant idea Winners will receive up to Rs.3 lakh as seed funding to implement the ideas The Indian Institute of Technology-Madras (IIT-M), Tata Consultancy Services and Lemelson Recognition and Mentoring Program (L-Ramp) are jointly hosting `Genesis,’ a business plan contest open for students and NGOs in social entrepreneurship.

It will essentially support innovative business ideas relating to social causes. MIT IDEAS, United States (from the Massachusetts Institute of Technology and an NGO Aavishkar India Micro Venture capital fund are partners in the contest. Teams participating in the contest will have to come up with a viable business plan from a socially relevant idea that will be self-sustaining. While students, individuals and NGOs interested in social causes can participate, each team is expected to have a representation for the student community up to 50 per cent.

Workshops To explain the contest and as part of Genesis, a series of workshops will be conducted at IIT-Madras on January 13 and 14. No entry free is charged but those interested should register online at ( www.genesis.iitm.ac.in ) . Seats for the workshops are limited.

Read More @ Hindu (11 Jan ’07)  

 

TCS focuses on e-gov to jack up revenues

Software Company Tata Consultancy Services (TCS) plans to shore up revenues from government projects. TCS is looking to bag global e-governance projects and plans to set up satellite development centers across eastern Europe, Latin America and south-east Asia. Eventually, such business is expected to contribute nearly 10% to the company’s top line in three years.   

By then, TCS’ employee strength for this vertical will rise from 1,500 to 10,000 software professionals. At present, the government projects vertical accounts for nearly 3% of the company’s turnover.   

“There is a huge market for e-governance projects across the globe, especially in developing countries. In three years, about 50% of revenues will flow in from international markets and this division will contribute 10% to the company’s turnover,” Mr Tanmoy Chakrabarty, vice-president and head (global government industry group) at TCS said.   

 

Read More @ Economic Times   

Kerala school bags TCS IT Wiz trophy

Ack:- Hindu Businessline

Kerala’s Pallikoodam School was declared the national champion of TCS IT Wiz 2006, in which over 8,000 students from 535 schools from eight cities across the country participated.

Mikhail Jacob and Joseph Sebastian from Pallikoodam School walked away with the TCS IT wiz National Winner trophy, closely followed by Nikita L. Mehta and A.K. Somaiah from St Judes Public School, Kotagiri in Ooty, as runners-up in one of India’s largest inter-school IT Quiz, a press release from TCS said.

Infosys chief named Asia’s top businessman

Forbes has named Infosys’ Nandan Nilekani as Asia’s Businessman of the Year.

He is the second Indian national, after Ratan Tata of the Tata group, to get such recognition. Tata was Asia’s Businessman of the Year 2004 and the Fung brothers of Hong Kong’s Li & Fung were the 2005 winners.

Nandan Nilekani
Forbes described Infosys as an Indian wonder, although 98% of its business is derived from foreign countries. “Most of its customers live and work in the US where offshorers, like Infosys, tend to be viewed as faceless armies of software engineers and call-centre operators on the other side of the world, saving American money while stealing their jobs,” Forbes said.

Read More @ The Star

IT professionals dance their way out of stress

Dance your way out of stress — that is the new fitness mantra for thousands of young IT and BPO professionals in the country.

After intense work pressure began taking a toll on their health, an increased fitness awareness has set in, paving the way for mushrooming of dance studios which offer “shake-a-leg-to- stay fit” programmes, say industry insiders.

“Within a short span, there has been a steady rise in the number of dance studios and professionals who frequent them, says Lokesh Naik, a senior technical writer with an IT firm and a regular visitor to the Bangalore arm of dance studio network ‘Swingers’.

According to B Murali, noted film choreographer and founder of Chennai-based Swingers, 30 to 40 dance studios have come up in Chennai while around 50 in Bangalore, all within a short span.
Swingers has six branches across the country and abroad has over 1,000 students on its rolls, of which more than 50 per cent are IT or BPO professionals, he adds.

Many companies, including Microsoft, IBM and Club Mahindra had dance trainings and workshops organized by Swingers, Murali says.

Read More @ Hindu

Wipro Named as a Leader in Global Delivery Infrastructure Management for Europe among the Indian Service Providers

In an independent survey report by Forrester Research, Inc., an independent research firm, Wipro Technologies, the global IT services division of Wipro Limited has been positioned as a leader in the “The Forrester Wave™: Global Delivery Infrastructure Management for Europe, Q4 2006”, Forrester Research, Inc., December 2006. Forrester evaluated the offshore infrastructure management services of leading Indian service providers on 25 criteria.

Wipro Technologies earned the highest score for Current Offering and Market presence.

Wipro’s state of the art Global Command Center (GCC) was set up in 2002 and became the World’s first centre to be BS 15000 & ISO 20000 certified. In 2005 Wipro won the NASSCOM IT innovation award for its Global Command Center.

Read More @ Business Wire

TCS rolls out enterprise innovation

Tata Consultancy Services (TCS) today launched its enterprise-wide innovation programme to mark the silver jubilee of its research centre, the Tata Research Development and Design Centre (TRDDC).

With this, the company has upped its total spend on innovation to 4.5 per cent of its revenue.

K Ananthkrishnan, chief technology officer, said, “Core R&D accounts for 0.26 per cent of our overall revenues and an enterprise-wide innovation programme will account for 4.5 per cent of our overall revenues.”

Read More @ Business Standard

IBM, HP, SUN-WIRPO bid for I-T tender

Source Economic Times

IBM, HP and Sun-Wipro are in race for the Rs 250-crore income tax department tender for supply of servers for its proposed national data centre.

The department is now carrying out technical evaluation of the bids submitted by these companies. The income tax department had floated the tender for supply of servers in September. These servers would form the backbone of the proposed centralised data processing system for the department. At present, the department has 36 processing stations with each having a separate server for storage of the data.

MS Office 2007: The great Gamble

Microsoft is doing a radical makeover of the Office as we have known with Office 2007. In the process, though, it is placing a huge bet on the future: Who will rule the desktops in the future?

Over the last few decades, mankind (the computing literate one) has been divided into two factions, namely Mac and PC. The ardent cohort of one group will be often found deriding the other.

The debate on which system (Apple Mac or Microsoft PC) is more superior and easy to use has been going on for quite sometime. At the very center of this debate are the operating system and its applications.

Somehow, Mac has been idolized for friendly user interface (UI) and robust applications. Despite having the overwhelming numbers, purists have shunned Microsoft Windows and Office applications as being far too complex.

So, when the giant at Redmond releases Office 2007 on November 30th, it could be trying to right that what has been around for so long? It could be a kind of admission that, probably — just probably — we were not so good after all….

For full text click on: CIOL

TCS bags $65-m deal from UK co Somerfield

Source: Hindu Businessline

Tata Consultancy Services has won a $65-million (Rs 292.5 crore) seven-year deal from Somerfield, a UK-based small-format food retailer, to provide a range of IT services.

TCS will take over the entire IT operations, asset management and planning for Somerfield. It will provide a managed IT infrastructure and applications service within Somerfield, enabling it to meet its current and future business demands, said a statement from TCS.

TCS would be the single point of contact for the customer since we would be responsible for and monitor the execution of contracts that the customer would have with third party vendors,” said Mr Phiroz Vandrevala, Executive Vice-President and Global Head, Corporate Services.

The company would get a certain percentage of the $100-million worth of contracts that Somerfield has with hardware and other services vendors, he added, not specifying the percentage.

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