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Showing posts from October, 2015

Oracle Ready For India Expansion: CEO Mark Hurd

SAN FRANCISCO: An overall positive mood under a business-friendly government in India has reassured software cloud services major Oracle to expand its base in the country via its diverse portfolio of integrated cloud platforms and new-age Java. Responding to an IANS question on the second day of the Oracle's OpenWorld 2015 conference on October 26, Oracle CEO Mark Hurd said that he is committed to expanding Oracle's reach in the burgeoning cloud and software market in India. "We are seriously working on the expansion plans in India. It is really a good time for this," he told IANS, adding that Loic Le Guisquet, Oracle's president for the Europe, Middle East and Africa region and Asia Pacific, has already initiated the expansion plan. In a latest media interview, Guisquet was quoted as saying that Oracle has initiated a huge recruitment drive for cloud in India to expand its base as the demand for information technology is growing faster in India than other regi

The World's Hottest Tech Towns – And What Makes Them Tick

We've all heard of  Silicon Valley  - home to headline-grabbing US firms like Apple, Google, Facebook and Twitter among many others - but there are several other global cities that are just as important in the worldwide electronics and IT business. We are talking about the places where electronics are actually manufactured, where tech startups are sprouting like nowhere else, and where the IT sector dominates. Silicon Valley might be where it all started, but California has plenty of competition. Let's start with the capital of computing for the Western world, which gets its name from the humble silicon chip (Semiconductor Valley doesn't sound nearly as good) despite it being increasingly a centre of startup, venture capital, product design and tech concepts rather than finished products. Although it represents one of the world's biggest ever entrepreneurial explosions, Silicon Valley has become such a generic term for the US-based tech industry that it

Indian IT Firms Like Wipro, TCS Increasing Bench Strength

MUMBAI/DELHI: Indian IT firms are beginning to rebuild part of their bench as they look to prepare for a digital wave that is seeing smaller deal sizes, making it harder to grow at the same pace and profitability during the technologies transition. For years, IT companies have been cutting down on bench to boost operational efficiency and get a margin boost. But as they need to train people for digital operations, some companies are bringing the bench back. "We will need a little bit of a bench for digital," TK Kurien, chief executive of Wipro, has said. It plans to train 10,000 on digital technologies next month. Even Tata Consultancy Services, the largest player in the Indian IT services industry, said it was raising its hiring target to 75,000 for the year, and hoped to exceed its goal of training 100,000 employees on digital technologies in FY16. "The reason for raising the hiring target for the year is to be able to have a little bit of a bench," N Chandrase

Smart Cities: Speak up, Mr Modi. The IT sector wants to know

A year after announcing ‘Smart Cities’ project, Prime Minister  Narendra Modi  has finally decided to “define” it. The Prime Minister gave a vision of a smart city, “as one which was a step or two ahead of people's aspirations.” Technology, transportation, energy efficiency, walk-to-work, cycling were some elements mentioned by Modi, during the launch of the initiative yesterday. Reuters He said smart city aspirants are being selected through a process of competition and with effective citizen participation ending the ‘top down’ approach and leading to ‘people centric’ urban development. "It will be a ground up approach." Smart cities will be selected through competition and each city will get central funding of Rs 100 crore a year for five years. There is clarity now on the selection criteria and funding part, but many – especially the IT, the infrastructure and realty sectors – were left slightly in the dark as all were looking forward to some announcement