IT majors and IT-enabled services units are eyeing Visakhapatnam and many IT units are likely to come up in the near future, according to Mr Shakti Sagar, the convener (IT and communications panel) of the AP region of the Confederation of Indian Industry. He was addressing a conference on “bridging the digital divide” here on Friday, organised by the Vizag zone of the CII.

He said Vizag had the potential to become a major IT centre, with a vast talent pool and congenial atmosphere. The infrastructure would have to be built up. Mr D. Ramakrishna, MD of Efftronics Systems Pvt Ltd, emphasised the need for improving human resources. Mr G. Vivekananda, the Chairman of the CII (Andhra Pradesh), and Dr Varma Vegesna, the Vizag zone vice-chairman, also spoke.

Read More @ Business Line

Mr S. Ramadorai, CEO & Managing Director, Tata Consultancy Services, during a press conference in the Capital on Friday. To tackle the manpower crunch in the IT industry, TCS has announced that it would start a seven-month training programme for science graduates. At present, the company employs only engineering graduates.

Around 500 science graduates are now being trained under the pilot programme in Chennai.

To tackle the manpower crunch in the IT industry, Tata Consultancy Services (TCS) announced that it would start a seven-month training programme for science graduates.

Around 500 science graduates are now being trained under the pilot programme at its Chennai facility. However, depending on the success of the programme, TCS plans to scale up and make offers to 2,000 science graduates during the next fiscal.

Read More @ Hindu Businessline

The Pentagon awarded almost $500 million in contracts to IBM and Cray on Tuesday to design a supercomputer several times as fast as today’s most powerful systems.

The Cray contract is for $250 million and the IBM contract is for $244 million, to be spent during the next four years. They prevailed over Sun Microsystems. The contracts are part of the High Productivity Computing Systems program being led by the Pentagon’s research arm, the Defense Advanced Research Projects Agency, or Darpa.

Read More @ DNA

US software company Microsoft has picked up 10% stake in TCS China, a joint venture promoted by Mumbai-based IT services company, Tata Consultancy Services and three Chinese companies.

The US software behemoth has signed an investment agreement to join the JV, a company statement said. The agreement was signed at an Indo-Chinese business forum, which had been addressed by Chinese President Hu Jintao on Thursday. The entry of Microsoft follows the granting of the business operating licence to TCS China.

Read More @ Economic Times