The former CEO of Wipro and MindTree's new venture aims to put the happiness of employees and customers before all else
“We are probably the most Westernised Indian IT company," says product development outsourcer Aditi Technologies
India's largest offshore outsourcers may have survived the downturn, but Western economics are threatening long-term profitability
Measures to limit the immigration of workers to the US and UK are worrying Indian IT outsourcers
Recent financial reports from the Indian IT outsourcing sector’s biggest names suggest that the industry gradually bouncing back
Hosting vendor Rackspace believes that the models of managed services and cloud computing are becoming harder to differentiate
The IT services company's UK CEO is not phased by plans to slash government IT expenditure, but the supply of graduate recruitments has him concerned for the future of the economy
IT services supplier hopes a recent acquisition will help it bring procurement outsourcing to the mainstream
As the IT services industry reshapes, French supplier Atos Origin sets out its stall with cloud computing and green IT offerings
Cloud pioneer's services are being put through their paces in enterprise experiments, says CTO Werner Vogels
The business application vendor says it is listening to its customers, but many are angered by a proposed support hike and puzzled by its technology roadmap
Many tech giants have managed to grow profits of late, even as revenues have continued to fall. However, this is not necessarily good news in the long term
Indian offshore provider sees profit double as 'business value creation' approach pays off
The IT sector saw little respite from its dire recent financial performance in August 2009. But one company’s results suggest the industry may be insulated from such disasters in future by the move to cloud computing
Three months ago, many IT companies reported their first financial quarters since the recession began in earnest. But any hope that the drubbing they received back then was a one-off was misplaced, it became clear in July
| Company | Period | Revenue ($m) | Rev Change (%) |
|---|---|---|---|
| CACI International Inc | 2Q09 | $672.5 | 16% |
| Capgemini SA* | 2H08 | $4,306.0 | 1% |
| Capita Group Plc* | 2H08 | $2,341.6 | 16% |
| Ciber Inc | 4Q08 | $279.6 | -4% |
| Cognizant Tech Solutions Corp | 4Q08 | $753.0 | 26% |
| Computer Sciences Corp | 3Q09 | $3,952.4 | -5% |
* Figures converted to US dollars
More Financial Results in IT Services| Acquirer | Target | Price ($m) |
|---|---|---|
| Exigen | Taihoo Technologies | n/a |
| Kelway | Repton | n/a |
| Equiniti | ICS Computing | n/a |
| Advanced Business Systems | Business Systems Group | 15.5m |
| Tech Mahindra | Satyam | $314m |
| Atos Origin | Shanghai Covics | n/a |
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Troubled IT services company appoints Mike Lawrie as CEO as banking software vendor Misys agrees terms of merger with Swiss rival Temenos
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Services giant will run BAE's human resources six years, improving human capital insights and employee engagement, it claims
National Audit Office figures show that central government departments reduced their total IT spending by around 10% last year
Outsourcing was back in vogue in 2011 but a movement to address the IT skills gap in the UK began in earnest