Archive for the ‘Software’ Category

Six Indian cities among top 8 global outsourcing cities

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ECONOMICTIMES.COM The Top 8 Global Outsourcing Cities includes as many as six Indian cities led by Bangalore, Chennai, Delhi National Capital Region, Hyderabad, Mumbai and Pune. Dublin (Ireland) and Makati City (The Philippines) are the other two cities in the list, according to a study by CyberMedia’s Global Services and investment advisory firm Tholons. India’s [...]

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IBM launches new storage hardware

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BANGALORE: Software services firm IBM has launched the largest ever new storage hardware, which would let businesses, governments and other instit utions to transform static data into more dynamic information. Backed by an investment of two billion dollars over three years, the new portfolio would further strengthen IBM’s position as the world’s leading provider of [...]

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Infosys Lowers Profit Forecast, Abandons Bid to Acquire Axon

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By Harichandan Arakali Oct. 10 (Bloomberg) — Infosys Technologies Ltd., India’s second-largest software-services provider, cut its full-year profit forecast because of a deteriorating economic outlook and abandoned its bid to acquire Axon Group Plc. Earnings in the year ending March 31 will probably be $2.24 a share, missing the low end of the company’s July [...]

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