Indian IT Services to Reach $11 Billion by 2011
478338
Indiaâs IT services market is forecast to grow at a five-year compound annual growth rate of 23.2 percent, according to research firm Gartner.
464342
IT services company Accenture will have more staff in India than in any other country by the end of August.
315845
First Data International, a unit of payment processing company First Data Corp. , said on Monday its Asia business should grow four- to five-fold by 2011.
531358
India and Sri Lanka are to get 220 million dollars in loans from the Asian Development Bank (ADB) to strengthen public finances, the Philippines-based lender said.
681274
MARKET RESEARCH firm IDC said that revenues in the worldwide server market grew by 5.5 per cent in the third quarter of this year, valued at $11.5 billion.
102785
India is targeting a larger share of the market for remote infrastructure management services, and is planning to more than double revenue from these services to $15 billion by 2013.
471389
Annual consumer spending on Internet  downloads of movies and TV shows will top $4 billion in 2011,  up from just $111 million last year, according to a study  released on Wednesday by Adams Media Research.
744341
Microsoft is to open a research lab in India early next year, further extending the international reach of what has become one of the technology industry&#39;s biggest research bases.
356689
Indian outsourcer Satyam Computer Services plans to train over 1,500 staff over the next two years on software and technologies from business software vendor SAP in a move to meet growing demand worldwide for consultants certified on SAP software.
611927
(InfoWorld) - With Web 2.0, SaaS (software as a service), and open source grabbing all of the headlines, launches of enterprise infrastructure software that were once major IT events now sometimes seem like forgotten affairs. Certainly the new millennium marked a downturn in interest for traditional, monolithic back-end software. Yet, boosted by virtualization, there appears to be plenty of life in old-school offerings. According to its 2007 global IT market forecast, IDC predicts that spending on infrastructure software will grow 9 percent this year, faster than any other software category. In this 'diminished' environment, Oracle's pending release of its upgraded 11g database may not grab the imagination of the technorati, but it remains significant to a vastly underestimated group of IT users. The global database market grew 14.2 percent last year to total $15.2 billion, according to Gartner. Oracle, which released its last major database upgrade, 10g, four years ago, already holds almost half the market. That's more than double the share of second-place IBM. The official launch of 11g is set for next Wednesday, July 11, in a New York City ceremony overseen by Oracle President Charles Philips. Publicly, Oracle has for the most part avoided specifics, saying that 11g will offer improvements in high availability, performance, scalability, and manageability. Tidbits it has revealed include free migration and management tools that will let administrators oversee non-Oracle databases at the same time they manage their Oracle ones. Oracle has also said that 11g will have new compression technology that could potentially reduce customers' storage demands by two-thirds, the ability to store unstructured data faster than traditional file systems, and better partitioning. Fleshing out the details Web accounts by beta testers and others are now confirming those reports. According to what appears to be a presentation by Oracle Vice President of Technology Mark Townsend, many of the new features are in the area of "change assurance." These help companies save money and testing time when migrating to new hardware or making configuration changes. For instance, features like database replay and SQL replay let DBAs view how changes in the database or SQL code affect performance. 11g will also let users set up test environments using snapshot standbys and help automate rolling database upgrades. Other features include online table and index redefinition, support for online hot patching and continuous availability of online applications even when they are in the midst of an upgrade, and automatic diagnostic workflow to fix problems faster. In the area of information lifecycle management, 11g will allow DBAs for the first time to partition by interval, ref, or virtual column. It also adds a new composite way to partition. According to an article by Jim Czuprynski, an Oracle senior instructor at Fujitsu Consulting who beta-tested 11g, some of the best new features include in-memory caches for retaining widely used, slow-changing data; better diagnosis and repair features; and enhancements to Oracle's flashback tools for data recovery. Longtime Oracle watcher Donald Burleson notes in his list of 11g features support for schema-based Document Type Definitions for describing the internal structure of XML documents as well as more scalable Java for faster performance. On security, an area for which Oracle has been criticized of late, Burleson says 11g will include improvements such as case-sensitive passwords and an inviolable audit vault that protects against insider threats. Iggy Fernandez, editor of the NoCOUG Journal, the official newsletter for the Northern California Oracle Users Group, praises what he says is 11g's unheralded "learning optimizer" feature. "When relational databases replaced hierarchical and network databases in the 1980s, the promise was that programmers would no longer need to optimize their queries by hand," said Fernandez. While no database has "completely realized" that vision, 11g, says Fernandez, is a "great step -- the query optimizer simply learns from its mistakes -- in fact, it can stop a query that is already in progress and try a different approach!" "Performance tuning is the biggest component of database administration effort today, and the learning optimizer could produce tremendous labor savings if it works as advertised," Fernandez said. But will users upgrade? With 11g, will Oracle be able to extend its lead over IBM -- whose release of DB2 9 "Viper" last summer did not lead to mass early uptake, according to the Gartner figures -- by convincing users to rush and upgrade? Kevin Closson, chief software architect for clustering vendor Polyserve, says yes, based on how stable this release already is known to be. "From everything I've seen in this release, there should be no technical reasons holding back customers' adoption," Closson wrote in his blog. But Amy Stuemky, database administrator for travel tour operator Globus, says her organization is just starting to move its 50 Oracle databases to 10g. "Our philosophy with Oracle is that it is too bleeding-edge with any first release," Stuemky said. And the company is only moving now because Oracle's regular support, called Premier Support, is about to end. "Oracle almost pushes you [to upgrade] by desupporting its stuff," she said. Fernandez agrees that expecting users to rush to 11g any faster than they did with prior versions would be unrealistic. "There is just too much effort involved in testing and upgrading critical business systems and new releases can be plagued with software bugs," he wrote. "Speaking for myself, I would prefer Oracle to fix the bugs that still remain in the previous version instead of give us a feature-packed new version!" Oracle will go slow with one aspect of 11g. For its free Express Edition aimed at students and developers, which Oracle debuted in 2005, the company won't release an upgrade until the more stable 11g R2 comes out, according to an Austrian developer, Slavojub Krishan, who cited conversations with Oracle executives at a recent developer conference.
725455
(InfoWorld) - Indiaâs business providing software and services to companies outside its borders will grow a healthy 26 to 29 percent this year, the country's main trade association for that sector said Monday. Revenue from exports of software, services and business process outsourcing (BPO) will reach about $40 billion for the fiscal year that ends next March 31, according to data released Monday by the National Association of Software and Services Company (NASSCOM). Export revenue from these sectorsÂ grew 33 percent to $31.3 billionÂ in the fiscal year to March 31,Â according to data released by the trade body. The strong growth in software and services exports is coming from an improvement in India's competitiveness, and the addition of new services, such as remote infrastructure management, by Indian service providers, Kiran Karnik, president of NASSCOM told reporters in Bangalore on Monday. The revenue figure also includes exports to their parent companies and clients by Indian subsidiaries of multinational companies such as IBM, Oracle, and Accenture, that are expanding fast in India. Indiaâs overall IT industry grew by 30.7 percent in the year to March 31 to earn revenue of $39.6 billion, with the domestic market also growing by 22 percent to $8.2 billion, NASSCOM said. Many multinational companies including Hewlett-Packard and IBM have bagged outsourcing contracts from Indian companies. The Indian IT industry employed about 1.6 million staff as of March 31, besides about 6 million indirect staff employed in supporting the large offshore software development and BPO operations in India, Karnik said. About 1.2 million people are employed in developing software and running back office processes and call centers for customers abroad. The U.S. continues to be the largest market for Indian exports, accounting for 66 percent of revenue, Karnik said. Indiaâs IT industry is facing high staff attrition and salary increases, but that will not slow down growth, Karnik said. In the short term, NASSCOM, of Delhi, is helping set up finishing schools that will make more Indian graduates employable by the IT and the BPO industry, he said. In the long-term, though, NASSCOM is counting on more investments by government and industry in the education sector, he added. The IT industry in India is also grappling with the strengthening of the Indian Rupee against the US dollar, which pushes down realization in Rupees of revenue earned abroad by Indian companies. In the year to March 31, exports of IT services grew by 35.5 percent to $18 billion, while exports of BPO services grew 33.5 percent to $8.4 billion. Revenue from exports of engineering services, a classification that deals with non-electronic design services, grew by 23 percent to $4.9 billion.
630355
Indian outsourcers are planning to double the revenue from remote infrastructure management services by 2013.
446323
U.S. spending on Web advertising and Internet access expected to increase by double digits through 2011.
186443
The Japanese information services industry clocked up sales of 13,703.9 billion yen in fiscal 2001, according to a report on selected service industries for 2001 released by the Ministry of Economy, Trade and Industry (METI).
192664
The personal computer market in India will see a massive boom by 2010, according to a new report by Forrester Research. India, says the report, will add 80 million (8 crore) new PC users by 2010.
751573
Indian firms are increasing their IT budgets an average of 13 percent this year, far more than the global average of 3.3 percent, research company Gartner said Wednesday.
147425
Revenue from wireless data services could reach $189 billion in 2009, according to a new report.