3. Despite a shortage of talent in the Information Technology sector in India, the country would remain competitive at least for the next five to 10 years, a top official of Infosys said.
4. Wipro Technologies, the global IT services division of Wipro Limited and Oracle have announced an expansion of their existing partnership aimed at enhancing development and implementation of best-in-class solutions for customers.
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6. His strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company.
7. Elop will take over from Olli-Pekka Kallasvuo on Sept. 21. Under Kallasvuo, who has spent more than half of his life at the company, Nokia has struggled to keep up with new rivals like Apple and Google in the Smartphone market.
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9. Indian companies need to innovate more and more so that they become a "necessity" for their (overseas) clients to succeed.
10. Murthy said he always believed that the only way the companies can survive, succeed and grow profitably is by becoming increasingly innovative.
11. There will always be various geo-political issues that create friction in the growth of revenues of many of the corporations.
12. Indian IT companies have to look at how they can innovate so that their clients would realise the importance of transacting with them.
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14. India top tech firms including TCS, WIPRO, HCL technologies is already working with US state govt such as Virginia, Missouri for delivering the services which could effect their profitability.
15. Such measures would also make Indian firms less attractive for awarding multi-billion-dollar government outsourcing contracts, experts.
16. There are pervasive service delivery problems with offshore providers including dissatisfaction with the quality of their service.
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18. Many states are ready to give tax break worth Million of dollars if TCS, WIPRO makes commitment about hiring local staff. It may not be cost competitive as an offshore location like India.
19. A US based outsourcing expert who advices govt dept on IT services buying said while more states could give into the pressure and force creation of local jobs, Indian vendors should use this as an opportunity to increase their foot print in the US.
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21. By 2014 Android will account for nearly 30 percent of all cell phone operating system sales, according to research firm Gartner, putting it in position to challenge Nokia Corp's Symbian software, which has reigned as the top mobile operating system for years.
22. Symbian will have a 30.2 percent share of the global market in 2014, according to Gartner, compared to Android's 29.6 percent.
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24. Nokia announced that Microsoft's Stephen Elop would replace Olli-Pekka Kallasvuo as chief executive in a bid to revive the Finish handset company's fortunes.
25. Gartner projected that Apple's iOS software, which is only available on Apple's iPhone, will add nearly 3 percentage points of market share to achieve a 17.1 percent slice of the global market by 2011, but will slip back to a 14.9 percent share in 2014.
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