Discovery Channel and Discovery Plus To Capture Live Splashdown Return of SpaceX Crew Dragon on Aug 2

Discovery and Science Channel announced today it will capture the incredible live splashdown return of the NASA launch of SpaceX’s Crew Dragon spacecraft after docking the past two months at the International Space Station (ISS). SPACE LAUNCH LIVE: SPLASHDOWN a multiplatform event, will air live on Sunday, August 2 at 22:30 hrs. on Discovery. Viewers can stream the HD version of the LIVE feed starting 23:00 hrs. on Discovery Plus.

This past May, Discovery and Science Channel worked with The Washington Post to document the first crewed mission from the United States since the end of the shuttle program in 2011. This successful NASA launch from Kennedy Space Center was a partnership between NASA and SpaceX, marking the first U.S. crewed mission to orbit on a privately built spacecraft. Astronauts Bob Behnken and Doug Hurley traveled to the ISS in the SpaceX Crew Dragon spacecraft, propelled by the SpaceX Falcon 9 rocket. 

Scott Lewers, Executive Vice President of Multiplatform Programming, Factual & Head of Content, Science, said, “With the incredible access of The Washington Post, we spent over a year documenting SpaceX’s journey to become the first private company to launch American astronauts into space and we’re excited to see their safe return back to Earth. Our live coverage will take viewers inside their incredible journey home.”

This live event, capturing the first landing at sea for U.S. astronauts since 1975, is also made in partnership with The Washington Post and staff writer Christian Davenport, whose depth of experience allowed him to gain inside access to key players. Davenport is one of the country’s leading chroniclers of the space industry. His background and experience will add keen insight to the day’s event, as a co-host of the live broadcast. Davenport joined The Post in 2000 and was on a team that won a Peabody Award in 2010 for its work on veterans with traumatic brain injuries and has been on reporting teams that were finalists for the Pulitzer Prize three times. He is the author of two books, “The Space Barons: Jeff Bezos, Elon Musk and the Quest to Colonize the Cosmos” (2018) and “As You Were: To War and Back with the Black Hawk Battalion of the Virginia National Guard” (2009). He has also served as a Public Policy Scholar at the Woodrow Wilson International Center for Scholars and a fellow at the Alicia Patterson Foundation. 

“The Post has long covered this industry and continues to bring readers in-depth reporting on the new space endeavors with unparalleled access and compelling storytelling,” said Emilio Garcia-Ruiz, managing editor for The Washington Post.  “We are excited to once again partner with Discovery to deliver coverage of this historic event and bring our journalism to a live TV audience.” 

“We are honored to continue our partnership with Discovery and The Washington Post, to share this exhilarating new era in space exploration,” said Aaron Fishman, President of Unscripted at Storied Media Group. "The extraordinary cooperation we have received from NASA and SpaceX are reigniting enthusiasm in space among young and old audiences alike." 

The spacecraft is scheduled to splashdown in the Atlantic Ocean and would successfully conclude NASA and SpaceX’s Demo-2 mission. Temperatures on the return can spike up to 3,500 degrees Fahrenheit on the exterior of the spacecraft due to the friction caused during re-entry. Regarding the spaceship’s return, SpaceX Founder and Chief Engineer Elon Musk noted, “I think there’s an argument that the return is more dangerous in some ways than the ascent.”

Discovery and Discovery Plus’ live coverage will have unprecedented coverage of the spacecraft’s return as well as expert commentary from current and former astronauts, including Mike Massimino and Garrett Reisman, top engineers and other special guests, including adventurer and avid explorer Josh Gates.

TV personality Chris Jacobs will pick up where he left off as host of the live return. Jacobs has a long history with Discovery network live events, reporting live on-the-ground for EXPEDITION UNKNOWN: EGYPT LIVE as well as serving as the digital host during Nik Wallenda’s tightrope walk over the Grand Canyon in SKYWIRE LIVE and in Chicago for SKYSCRAPER LIVE. Jacobs was host for DISCOVERY LIVE: INTO THE BLUE HOLE, CHOPPER LIVE, GOLD RUSH LIVE and the live broadcast of the Barrett-Jackson Auto Auction for Velocity (now MotorTrend). In addition, he is the regular host for TLC’s LONG LOST FAMILY and serves as host of the popular automotive makeover show OVERHAULIN’ on MotorTrend.

Emmy Award-winning journalist David Kerley will also return as part of the reporting team. Kerley reported on aviation, railroads, the automobile industry and space for all ABC News broadcast and digital properties, including World News Tonight, Good Morning America, Nightline, ABC News Radio and ABCNews.com. His work has been recognized with Peabody and Edward R. Murrow awards as well as the prestigious Joan Barone award from the Capitol Hill Radio and Television Correspondents Association.

In addition to watching the return on Discovery at 22:30 hrs, Viewers can stream the HD version of the LIVE feed starting 23:00 hrs on Discovery Plus.Fans can also create photos and videos of themselves in space wearing life-like SpaceX helmets using Discovery’s Space Filter on Facebook or Instagram. Follow Discovery on Facebook, Instagram, TikTok and Twitter for the latest updates and join the conversation on social media by using the hashtag #Splashdown. 

SPACE LAUNCH LIVE: SPLASHDOWN is produced for Discovery Channel by Storied Media Group. Executive producers for Storied Media Group are Aaron Fishman, Todd Hoffman and Michael J. Miller. For Discovery and Science Channel, Executive Producers are Gretchen Eisele, Scott Lewers and Caroline Perez. To learn more, go to www.discovery.com, on Facebook at Facebook.com/discovery and on Twitter @Discovery.

About Discovery Channel

Discovery Channel is dedicated to creating the highest quality non-fiction content that informs and entertains its consumers about the world in all its wonder, diversity and amazement. The network, which is distributed to 100.8 million U.S. homes, can be seen in 224 countries and territories, offering a signature mix of compelling, high-end production values and vivid cinematography across genres including, science and technology, exploration, adventure, history and in-depth, behind-the-scenes glimpses at the people, places and organizations that shape and share our world. 

L&T Technology Reports Q1 FY21 Results Medical and Telecom & Hitech Segments Show Resilience, Announces Acquisition of Orchestra

L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2020.

Key financial parameters for Q1FY21:

USD Revenue at $171 million

Revenue at ₹12,947 million; down 4% YoY

EBIT margin at 12.1%

Net profit at ₹1,173 million; down 42% YoY

 

LTTS has executed a definitive agreement to acquire 100% stake in Orchestra Technology, a specialist technology solutions provider for the Telecom industry. Orchestra is based in Texas, USA and will enable LTTS to strengthen its capabilities in network engineering and modernization.

“With many industries operating at limited capacity on account of the pandemic, Q1 was a challenging quarter as expected. Still, we had a good performance in two of our segments - Telecom & Hitech and Medical, and our large deal engine continues to churn wins. Free cash flow generation was strong during the quarter and the healthy cash position sets us up well for the future.  Looking ahead, we see a path for recovery backed by good order bookings and a healthy pipeline. We expect both revenue and operating margin to show sequential improvement over the remaining quarters of the current fiscal.

The acquisition of Orchestra will enhance our offerings in the areas of Network Engineering & Enterprise Mobility and provide us strategic access to Telecom service providers who are investing in next generation digital systems for 5G and IoT networks.

As customers redraw their business plans, we are working with them to improve operating efficiency, finetune sourcing and production plans, and prepare for faster go-to-market.  Our newer set of offerings like Frugal Manufacturing, Telehealth solution and i-BEMS Shield are seeing good traction in the market. The large deal discussions we are having with customers are a notch higher in terms of criticality and adoption of new age technologies, which we believe will pave the way for greater mind share and competitive differentiation”, said Dr. Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.

During the quarter, LTTS won 9 multi-million dollar deals across all major industry segments which includes one deal with TCV of USD30mn plus and two deals with TCV of USD15mn plus. On a YoY basis, LTTS has increased its USD10mn+ clients by 5 and its USD1mn+ clients by 3.

Industry Recognitions:

* TechCircle honored LTTS with the Business Transformation Award in the “New Markets” category to our IT and HR functions jointly for leading digital transformation at LTTS with innovative solutions.

* Enterprise IT magazine conferred LTTS’ IT Team with the “COVID-19 Super Hero Award” for their tireless efforts to help LTTS’ workforce during lockdown.

Patents

At the end of the first quarter, the patents portfolio of L&T Technology Services stood at 525, out of which 385 are co-authored with its customers and the rest are filed by LTTS.

Human Resources

At the end of Q1FY21, LTTS’ employee strength stood at 16,641.

Covestro and Google Cooperate on Research for Novel Computer Technology

Benefits

* How Quantum Computing Can Benefit Chemistry

* Milestone in digital research and development

* Expand innovation leadership with quantum computing

Significantly less time, less use of resources, more efficient and environmentally friendly processes, completely new materials – this is the future potential of the novel technology Quantum Computing in research and development for the chemical industry. In order to achieve long-term innovation leadership in this still developing field of digital chemistry, Covestro builds up resources and expands partnerships. With so-called quantum computing, the materials manufacturer is going one step further to investigate new possibilities in the field of chemical simulations. Therefore, Covestro and Google have signed a research partnership agreement. The current research focuses on the development of fundamental algorithms, while the future vision is to solve certain complex simulations in a fraction of the time compared to classical computers.

“Quantum computing opens up groundbreaking new perspectives for our industry. We therefore want to invest specifically in the further development of this technology and build up expertise”, said Dr. Markus Steilemann, CEO of Covestro. “The partnership with Google gives us the opportunity to do so and is so far unique in the chemical industry.”

Quantum Computing opens up new dimensions

Covestro has already been investing extensively in digital research and development for around three years. The novel quantum computing is another important milestone in the search for new, digitized research processes. This forward-looking computer technology is the key to knowledge that is needed, for example, to successfully advance the circular economy. With the help of quantum computing, details of highly complex chemical reaction processes can be digitally simulated and evaluated in a very short time.

Hartmut Neven, head of the Google AI Quantum group states: “We are advancing quantum computing by developing quantum processors and novel quantum algorithms to help industry researcher partners solve problems. We are looking forward to the collaboration with the very strong team of scientists at Covestro.”

Quantum computing will help Google to develop the innovations of tomorrow, including AI. That’s why the company is committed to building dedicated quantum hardware and software today.

Quantum computing is a new paradigm that will play a big role in accelerating tasks for new computing capabilities. Google wants to offer researchers and developers access to open source frameworks and computing power that can operate beyond classical capabilities.

With quantum computing, Covestro intends to build on the success of previous investments and further deepen its global competencies in computational chemistry. In the long term, the technology can go far beyond the possibilities of high-performance computing. With the expansion of a classic high-performance computer at the Leverkusen site for computer simulations and a new, global platform for research data for more than a year, Covestro has been tapping into the value-added potential that the digital transformation of the chemical industry is opening up.

20200702-Covestro-Google-Quantum-en

Covestro and Google cooperate on research how quantum computing can benefit chemistry

Access to technology and know-how

The partnership on quantum computing between Google and Covestro forms the basis for joint scientific cooperation. The main goal is the further development of quantum computing technology and how it can be used to solve chemical problems in the future. Google provides the hardware and access to its technology experts. Thus, Covestro takes a pioneering role in digital research and development to test and further develop the new methods of quantum computing for the chemical industry.

About Covestro:

With 2019 sales of EUR 12.4 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, construction, wood processing and furniture, and electrical and electronics industries. Other sectors include sports and leisure, cosmetics, health and the chemical industry itself. Covestro has 30 production sites worldwide and employs approximately 17,200 people (calculated as full-time equivalents) at the end of 2019.

Over the next 5 years 1,000 German firms may invest in India

Upbeat on the second fastest growing economy in the world, about 1,000 German firms may invest in India in the next five years, the head of Baden-Wurttemberg, regarded as the most successful German state, said today.

"I am sure, in next five years 1,000 more companies from Germany and may be 200 from our state would be interested in investing in India," Guenther H Oettinger, the Minister- President of State of Baden-Wuerttemberg (Germany) said here.

About 1,800 German firms, including Porsche, Siemens, BMW, Voith and Audi have already invested in India which is being seen as the potential German manufacturing hub for the Asian market.

Indian industry and workers match the quality of Europe's and North America's, Oettinger said at the CII meeting.

With over six per cent expansion, the Indian economy is the second fastest growing after China despite global recession.

German Ambassador to India Thomas Matussek also addressed the meeting stating the India-German bilateral trade is expected to touch $27 billion by 2014 from over $18 billion in 2008.

India's major exports to Germany include garments, machinery and instruments, electronic goods and transport equipment, while imports comprises machinery, iron and steel, machine tools and organic chemicals.

Agencies

No easy going for IT companies in Europe

For India’s top tech firms seeking to grow revenues from Europe in order to offset lower spend by American clients, it’s going to be Key facts on India's IT industry

a long, arduous journey, said research firm Forrester on Wednesday.

The US, which accounts for over half of India’s $60-billion software outsourcing industry, has traditionally been the top market for Tata Consultancy Services (TCS), Infosys and Wipro, among many others. However, over the past few years, Indian tech firms have been trying to mitigate their high American exposure by focusing on Europe’s $14-billion market for software and back-office services.

“You cannot replicate the US model in other markets. Unlike the US, European customers are not thinking primarily about costs. If Indian companies follow the same model for another 2-3 years, they will struggle,” said Sudin Apte, principal analyst of Forrester Research. Mr Apte, who surveyed around 400 European customers in order to understand their outsourcing priorities, said India’s tech firms will need to go beyond just hiring local workforce for sales and delivery efforts, if they really want to become successful in Europe.

“Offshoring in North America is a standard business decision, however in continental Europe, it’s a religious decision,” said Mr Apte, quoting one of the customers surveyed for his study.

Indeed, for almost a decade, the UK has been the top market for Indian companies with customers such as British Petroleum (BP) and British Telecom (BT) outsourcing projects to TCS, Infosys and Wipro. However, the UK, which outsources around $9 billion worth of projects to India every year, does not reflect the entire Europe.

“The United Kingdom is very similar to the US, unlike continental Europe where language and cultural barriers exist,” added Mr Apte.

Many European customers are more comfortable working with delivery teams in neighbouring countries, instead of signing large offshore contracts. “For example, Romania’s historical ties with Bulgaria, Italy, Greece, and Germany makes it easy to connect with clients in these locations,” Mr Apte added.

However, mature outsourcers such as BT, BP and ABN Amro have had no such bottlenecks, while deciding to work with large Indian offshore services providers such as TCS, Infosys and Wipro.

“For globalised European customers, outsourcing is not a new phenomenon, but for many companies, especially those who are pan-European only, outsourcing and offshoring is not such as hot thing,” he added.

Compared with Forrester’s survey in 2008, the current research shows a drop of more than 20% in the number of companies that were thinking about starting an offshore initiative for the first time. “This means that in the next 12 months, we will see few first-time offshore users sending their work to locations like India,” said Mr Apte.

The Forrester research also found that multinational firms such as IBM and Accenture are better positioned that the Indian IT vendors when it comes to serving customers in continental Europe.

“Accenture has more staff serving continental Europe customers than anybody else - it’s not about pure offshoring anymore,” he said. For instance, Accenture serves more than 300 customers from Germany with a few hundred staffs making use of the managed services model, which allows the company to serve more with less.

Agencies

IT spending likely to fall 5.2% worldwide, says Gartner

The worldwide IT spending is on pace to decline 5.2 percent this year. However, the IT industry will return to growth in 2010, with IT spending forecast to total $3.3 trillion, a 3.3 percent increase from 2009, according to research firm Gartner. In Asia Pacific, IT spending is expected to grow by five percent to reach $515.6 billion in 2010.

Peter Sondergaard, Senior Vice President at Gartner and Global Head of Research, said that this represented a fast V-shaped recovery for IT spending in the region. Emerging regions will resume strong growth, he said. By 2012, the accelerated IT spending and culturally different approach to IT in Asia will directly influence product features, service structures and the overall IT industry.

However, growth varies considerably by country, vertical market and IT sector. Sondergaard said that while software would post the strongest growth in Asia Pacific, telecommunications still represented the largest area of IT investment.

In Australia, the five-year outlook for enterprise IT spending is a compound annual growth rate of 1.3 percent, with total IT spending by Australian businesses to reach Australian dollar 56.4 billion by 2013. The vertical sectors with the highest IT spending growth would be communications (3.2 percent), healthcare (2.6 percent) and utilities (2.3 percent). While IT spending will increase next year, Gartner cautioned IT leaders not to be overly optimistic.

"While the IT industry will return to growth in 2010, the market will not recover to 2008 revenue levels before 2012," said Sondergaard. 2010 is about balancing the focus on cost, risk, and growth. For more than 50 percent of Chief Information Officers the IT budget will be zero percent or less in growth terms. It will only slowly improve in 2011, he added.

Sondergaard said that the three most-searched terms by Gartner clients on gartner.com provide some clues as to the priorities of IT leaders around the world. Cost remained the most-searched term during 2009, although it peaked in May, followed by cloud computing. "Next year will be the year when cloud computing moves from the discovery phase to small pilots, as part of organizations' desire to move from owned to shared IT," he said.

The third most-searched terms on gartner.com were business applications such as enterprise resource planning (ERP) and customer relationship management (CRM). "We believe that 2010 will see increased focus on optimization of business processes linked to software applications, what we call application overhaul. That is what will drive growth in the software segment," Sondergaard said.

Agencies

Google adds new social search functions for users

Internet search giant Google has been working on adding more features in its search domain for making it easy for the users to easily find blogs and twitter feeds.

Users need to open a profile with Google and services can be accessed from Google labs.

Google Germany spokesman Stefan Keuchel said that friend finding on internet would become very easy with the help of new facility. He added that Twitter feed's new searches and the recently introduced search functions are different. The function would initially be made available in English.

The new social graph can be readjusted as per user's preferences. The feature would allow only close friends to be highlighted in the searches, leaving postings from others.

Agencies

Watch TV anywhere with new Nokia mobile TV phones

Nokia has announced the launch of Nokia 5330 Mobile TV Edition, which will allow users to watch television anywhere. The phone is an entertainment hub that combines mobile broadcast TV (DVB-H), social networking, music and gaming in one compact 3G device. Nokia says that broadcast TV consumption is on the rise and by 2012 there will be over 300 million people worldwide watching TV on their mobile phones.

"The introduction of the Nokia 5330 Mobile TV Edition responds to the arrival of DVB-H broadcast mobile TV networks in new markets and offers an affordable device for new and existing customers alike. Customers are increasingly watching a variety of programmes on their mobiles, such as drama programs, news and sport, for a longer period of time. The Nokia 5330 Mobile TV Edition has the sound and image quality to hold audiences captive," said Mark Selby, Vice President, Nokia.

Nokia 5330 Mobile TV Edition's DVB-H technology allows programs to burst through the QVGA 2.4" screen in full-colour, crystal clear, sharp images. A user can set reminders for favorite shows and create personal channel lists with Nokia's Electronic Program Guide (EPG) for a good mobile broadcast TV experience.

The Nokia 5330 Mobile TV Edition provides broadcast picture quality while the headset acts as an antenna for outstanding reception. Long battery life gives up to six hours of DVB-H usage. "It is essential for DVB-H service providers to have a variety of devices capable of serving the mass market. Having a complete portfolio of handsets is pivotal for the commercial success of mobile TV. The new Nokia DVB-H enabled mobile phone, the Nokia 5330 Mobile TV Edition, is a great addition to the current portfolio of broadcast TV-capable handsets," said Franklin Selgert, Chairman, Broadcast Mobile Convergence Forum.

The Nokia 5330 Mobile TV Edition comes with all the latest social networking software, making it simple to stay in touch with friends via Ovi Contacts, Facebook, MySpace and YouTube. Post status updates for friends and family to follow or instant message (IM) them via Windows Live(TM) Messenger, Google Talk, Yahoo! Messenger, ICQ, AOL and many others.

Users can capture photos and video clips, day or night, using the 3.2 megapixel camera with 4x digital zoom and LED flash before uploading and sharing favourite shots via sites such as OviShare and Flickr.

Nokia and Nokia Siemens Networks work with more than 30 operators worldwide on Mobile TV implementations. Commercial launches with Mobile TV services based on DVB-H and OMA BCAST standards include Austria, Finland, Ghana, Kenya, India, Italy, Namibia, Nigeria, Netherland, Philippines and Switzerland. Nokia 5330 Mobile TV Edition costs around Rs. 11,000 excluding taxes.

Agencies

Accenture on a hiring spree in India; To hire 8,000 by 2010

Global technology and consultancy firm, Accenture has said that it is going to add around 8,000 people in India by the end of next year taking its total employee base in the country to 50,000.

"We are 42,000 right now and we imagine we will be about 50,000 by the end of 2010," said Accenture Chairman and Chief Executive Officer, William D Green on the sidelines of the India Economic Summit. Indicating a recovery from the global downturn, Green said the company will continue to focus in India, specially in the areas of analytics, reports a media.

Accenture's focus in India is going to be the analytics space, which will help its clients in converting information into insights for better yields. Green added, "We believe that analytics is going to be an important trend that our customers are going to demand from us. We think India is going to be a great place for us. We have some core centres of excellence in the analytics space in the country."

Accenture, which has annual revenue of $21.58 billion for fiscal 2009, will strengthen its focus on clients in pharmaceutical, telecommunications and energy in the country.

Agencies

Intel to partner with telecom major ITI

Intel, the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.

ITI intends to be a minority partner in the proposed joint ventures with a 26 per cent stake according to the bid proposals, the newspaper said.

It said Intel was interested in making the hardware and consumer premise equipment around WiMAX technology, which provides for wireless transmission of data up to 75 megabytes per second.

Though interested parties have been asked to participate before Jan 29, 2010, the telecoms ministry is holding a pre-bid conference before selecting them, the paper said.

Other global players that have showed interest include Huawei, Alcatel-Lucent, Samsung and Hitachi, the paper said.

A spokeswoman for Intel in India could not immediately respond to the report.

Agencies

Will the Web run out of address space?

The world could well run out of internet addresses next year, unless urgent action is taken to switch to a new generation of net addresses, the European Commission has warned.

According to the commission, businesses urgently need to upgrade to internet protocol version six or IPv6, a new version of the web’s addressing protocol, which will hugely increase the number of available addresses.

The IPv6 system has been ready for over a decade and is providing 340 trillion web addresses. But, not many companies are actually ready to migrate to the new platform.

A survey, conducted by the commission, found that few companies are prepared for the switch from the current naming protocol, IPv4, to the new regime, IPv6, the Daily Telegraph reported on Tuesday. The IPv4 and IPv6 protocols refer to the way in which addresses are created and assigned. Each website has a unique IP address, represented by a string of numbers, such as 192.168.1.1, which are then given a user-friendly web address to make them easier to remember.

The IPv4 protocol uses 32-bit addresses, which enables the web to support around 4.3 billion unique addresses while IPv6 uses 128-bit web addresses, creating billions of possible new web addresses. The EC survey found that of the 610 government, educational and other industry organisations questioned across Europe, the Middle East and Asia, just 17% have upgraded to IPv6.

Detlef Eckert, director in commission’s information society and media directorate-general, said: “Only by ensuring that all devices connected to the internet are compatible with IPv6 can we stay connected and safeguard sustainable growth of the internet.”

Agencies

iGate expands Whitefield campus; To hire 1,500 by 2010

iGate on Thursday inaugurated the fourth phase of its global delivery facility at its campus in Whitefield, Bangalore. The new facility, set up at a cost of Rs 65 crore, provides 115,000 sq ft of additional workspace and can seat 1,050 people.

Phaneesh Murthy, CEO of the outsourcing solutions company, said iGate plans to hire about 1,500 people in 2010. The $220-million company currently has around 3,500 employees in Bangalore.

Murthy said he expected IT budgets to be up 2-4% in 2010.

“Discretionary project spends are starting to happen. The pricing environment is largely stable,” he said.

iGate’s campus has in the past sought to differentiate itself through the adoption of a host of environment friendly measures. The latest phase makes further advances on this front. It has LED lighting throughout and the lighting is solar powered. There’s an ozone-friendly air conditioning system, organic waste converter and a wastewater recycling system.

“We also made special efforts to procure green IT equipment,” the company said. The company has taken on a carbon footprint estimation study to determine the green house gas (GHG) inventory across all its global delivery facilities in India, Australia and Mexico.

Agencies

Jobless Americans climb to 551,000 in September 2009

The count of Americans seeking unemployment benefits for the first time climbed unexpectedly by 17,000 to 551,000 for the week ended September 26, indicating that labour market remains strained despite easing economic conditions.

The figures come a day after official data showed that the US economy contracted less than expected at 0.7 per cent i the June quarter.

According to the US Labor Department, the number of initial claims for jobless benefits rose 17,000 to 551,000 for the week ended September 26.

In the previous week, the figure stood at 534,000. As per the data, the four-week moving average was 548,000.

However, the count of those receiving unemployment benefits dropped as much as 70,000 to 6,090,000 for the week ended September 19.

"The 4-week moving average was 6,154,500, a decrease of 39,250 from the preceding week's revised average of 6,193,750," the Labor Department said in a statement today.

Yesterday, payroll-processing firm ADP in its National Employment Report said that 254,000 jobs evaporated in the American private sector in September.

However, the report noted that the decrease was the smallest since July 2008.

Agencies

Cloud computing helps organization to remain more secure

Today the biggest challenges for CIO’s are managing and securing the exponentially growing information in the IT infrastructure that supports their business and providing centralized access to multiple data centers across the globe, said Manjunath Kashi, Director, Enterprise Computing Group, Unisys. He said a secure cloud, whether private or public, can enable them to do both more effectively. Excerpts of the interview.

1. How does cloud computing help address CIO challenges?

The biggest challenges for CIO’s today are managing and securing the exponentially growing information in the IT infrastructure that supports their business and providing centralized access to multiple data centers across the globe. A secure cloud, whether private or public, can enable them to do both more effectively.

Unisys believes that cloud computing will revolutionize the way enterprises obtain business and IT services and change the kind of payback they get from their IT investments. In a severely constrained global economy, the prospect of de-capitalizing enterprise IT, deferring and avoiding operational costs, fixing the IT bottleneck and more effectively mapping availability of IT resources to fluctuating business demands provide powerful incentives to adopt cloud computing.

The major attributes and benefits of cloud computing are the following:

1. Multi-tenant –the capability to process the needs of multiple users with shared resources, dynamically and transparently;
2. Elastic and scalable –resources can be expanded and contracted as needed;
3. Metered/rented – to a certain extent, “pay only for what you use”;
4. Self-provisioned – “self-check-in,” at least to some degree;
5. Internet-based – accessible by using Internet technology, usually over the public Internet;
6. “X” as a service [with “X” being software or infrastructure, for example] – The details/concerns of implementation are abstracted for the customer.

Clients and prospects consistently tell Unisys that concerns about security is the major impediments to adopting cloud computing for business needs. Secure, then, is the additional benefit that differentiates Unisys’ strategy and solutions for cloud computing from other cloud offerings available in the market. The word “secure” refers to providing an overall reduction in risk due to greater security protocols and tools for data in motion (transiting the infrastructure), data at rest (in storage networks) and data in process. Unisys offers those through the Stealth data protection technology in its Secure Cloud Solution.

2. What kind of applications do you expect enterprises to host on the cloud? Why?

Most enterprises have until now been comfortable moving only test and development suites to the cloud, because they don’t involve transmission of sensitive data outside internal firewalls. Unisys Secure Cloud Solution – a managed public cloud service with an unmatched level of data protection based on unique bit-splitting technology called Stealth – enables enterprise clients to securely move conventional business applications into a managed, shared cloud service without costly, time-consuming rewrites or other alterations. Those applications often include secure or sensitive data, such as human resources, financial, customer and healthcare information. The Unisys Secure Cloud Solution can thus help clients reduce capital and operating expenditures and protect their investment in critical business applications.

3. Benefits of cloud computing to the large and small enterprises?

Cloud computing – especially as embodied in Unisys strategy and solutions portfolio – can benefit organizations of all sizes. The Unisys approach enables clients to choose the type of data center computing services that best meet their business objectives, from self-managed, automated IT infrastructures to Unisys-managed cloud services. Using Unisys services and technologies, organizations can create a private cloud within their data centers, a public cloud through secure Unisys-managed cloud solutions, or a hybrid cloud solution combining the best of both private and Unisys-managed cloud services.

Clients and prospects in organizations of all sizes tell Unisys that they see great operational and economic value in moving enterprise applications and data to the cloud. However, they have lacked the comprehensive security to make them confident in doing so.

Unisys cloud computing strategy and solutions focus on helping clients overcome those security concerns. We like to say that security is in Unisys DNA, data center transformation and application modernization are our heritage, and outsourcing services tailored to the client’s specific business needs are our forté. Unisys cloud computing strategy draws on all those core capabilities to help clients break through the barriers to adoption and gain a full range of options for cloud services while safeguarding their operations and lowering IT costs.

4. How secure are Unisys’s cloud computing offerings? What are the special features that Unisys offers on the cloud?

Most of the current cloud computing solutions lack the comprehensive security that gives clients the confidence in moving enterprise applications and data into the cloud.

Unisys’ cloud computing solutions provide the much-required extra layer of security. Underpinning our strategy is Unisys Stealth security solution, an innovative, patent-pending data protection technology, initially designed for government applications and now available to commercial clients too. The Unisys Stealth technology cloaks data through multiple levels of authentication and encryption, bit-splitting it into multiple packets so it moves invisibly across networks and stays secure in storage environments.

As I mentioned earlier, the Stealth technology also anchors Unisys Secure Cloud Solution, which is designed to provide the highest level of data security possible within a cloud environment today, while reducing clients’ upfront investments and ongoing operational costs for cloud computing. Using Stealth technology, the Unisys Secure Cloud Solution allows different clients in a multi-tenant environment to share the same IT infrastructure without the fear of exposing one client’s data to another.

In addition to the Stealth technology, clients of Unisys Secure Cloud Solution benefit from Unisys’ layered security infrastructure, which includes comprehensive capabilities, including intrusion detection and prevention service, security monitoring, advanced correlation and analytics, firewall management and logging.

5. How different are your offerings from other players in the same space?

Unisys cloud computing strategy is uniquely flexible. It draws on all the company’s core capabilities of security, data center transformation, application modernization and outsourcing services to help clients break-through the barriers to adoption and gain a full range of options for cloud services, while safeguarding their operations and lowering IT costs. As I said before, the Unisys cloud computing strategy enables clients to choose the type of data center computing services that best meet their business objectives -- from self-managed, automated IT infrastructure to Unisys-managed cloud services. Using Unisys services and technologies, organizations can create a private cloud within their datacenters, a public cloud through secure Unisys-managed cloud solutions, or a hybrid cloud solution, combining the best of both private and Unisys-managed cloud services.

The Unisys Secure Cloud Solution – a core component of Unisys cloud computing strategy – provides a global platform for delivering a full range of highly secure, managed IT infrastructure and application services available “as a service” through the cloud. This innovative solution enables enterprise clients to securely move conventional business applications – including those with secure or sensitive data, such as human resources, financial, customer and healthcare information – into a managed, shared cloud service without costly, time-consuming rewrites or other alterations. The unique Stealth technology, which delivers an unmatched level of data protection for the cloud environment, is a real differentiator for Unisys cloud computing strategy and solutions.

Also, Unisys portfolio of Cloud Transformation Services rounds out our cloud computing solutions. They provide clients a unique way to understand both how cloud computing can benefit them and what are the strategic and financial implications of adopting specific approaches.

6. What segment is Unisys targeting in India and why?

Unisys believes that our cloud computing strategy and solutions – with their unique emphasis on security – will have special appeal in market sectors such as federal government/public sector, healthcare and financial services, where data security, compliance with regulations for data management, and other security concerns are driving forces in decision-making.

In addition, industries or functions – e.g., financial reporting, benefits administration, and secure document management – that have weekly, monthly or even seasonal spikes in demand for IT resources to support business requirements could benefit from Unisys secure cloud solutions.

Unisys launched its cloud computing strategy and solutions on June 30th. We’re in the process of engaging with clients in a range of industries with our Unisys Cloud Transformation Services – a portfolio of advisory and implementation services that help clients assess potential cloud computing options and determine which option best suits their needs or financial objectives – and our Secure Cloud Solution, a managed, public-cloud service that multiple clients can share.

7. How much do you estimate the market size of cloud computing in India? What is the present growth rate?

Gartner says worldwide cloud services revenues are on a pace to surpass $56.3 billion in 2009, a 21.3 per cent increase in revenues from $46.4 billion in 2008. The market is expected to reach $150.1 billion in 2013. The Indian market, according to Springboard Research, will register a compounded annual growth rate (CAGR) of 76 per cent between 2007 and 2011 and reach $260 million (around Rs 1,300 crore) in revenue by 2011. This presents a great opportunity for Unisys cloud computing solutions.

8. Despite being an old concept, why is this space picking up at the time of recession?

In the current economic scenario, the prospects of de-capitalizing enterprise IT, deferring and avoiding operational costs, fixing the IT bottleneck and more effectively mapping availability of IT resources to fluctuating business demands provide powerful incentives for enterprises to adopt cloud computing.

Increase of IT spending by 20-25%, says GE

General Electric (GE) may increase its IT spending by about 20-25 percent for 2010-11, a step that can turn out to be a boon for several Indian information technology (IT) vendors.

Software firms like Tata Consultancy Services (TCS), HCL Technologies, Patni Computer Systems and iGate, who generate a significant amount of revenue from GE, are likely to benefit most from the increase in its IT budget.

A person close to this development said, "GE has allotted an additional $500-600 million for its IT budget during 2010-11. The firm may be looking to extend contracts with vendors like iGate and Polaris by three to four years and significantly increase its spending with large capital firms like TCS and HCL going forward."

GE has already extended its IT contract with Birlasoft, estimated to be worth $50 million and $100 million and with Mahindra Satyam, worth $100 million by three years. The existing contracts for iGate, Polaris Software Lab and Birlasoft will end in December this year.

Agencies

Will Kyocera Wireless India be acquired by MindTree

MindTree Ltd said on Tuesday it would buy Bangalore-based Kyocera Wireless India Pvt Ltd and make an upfront payment of $6 million, while
further payments will be linked to revenue in FY11 and FY12.

The IT firm expects the acquisition to contribute about $9 million in revenues for the period Oct 2009 to March 2010, with profit after tax expected to be in the range of 13-15 percent, it said in a statement.

Agencies

Did Microsoft loose $560 million on Windows Live?

Online services have been a financial drain for Microsoft, and the company said it has moved financial reporting for Windows Live from the Online Services Business to the Client division.

In a conference call with Wall Street analysts, Microsoft executives said Windows Live pulled in $520 million in revenue in fiscal year 2009, but posted a loss of $560 million. This is by no means a recent trend. Overall, the Online Service Business posted an operating loss of $2.2 billion during fiscal 2009, after racking up a $1.2 billion loss in fiscal 2008.

Tami Reller, Chief Financial Officer and Corporate Vice President, Windows Business Group, said Windows Live operates at a loss primarily due to data center construction costs, research and development, and sales and distribution costs.

"The investments in the data centers is one of the most significant investments in the Windows Live business, and really is a result of the large customer base and the strong competitive position that we have today across these services," said Reller.

Windows Live, which includes Hotmail, Live Messenger, and Skydrive, has more than 500 million users, and makes the bulk of its money through online advertising, according to Microsoft. As the user base grows, Microsoft will continue to invest in building out the data center infrastructure to support them, while also maintaining its investment in R&D, sales, and distribution, according to Reller.

"It is an organizational move, not new or changed investment," said Reller.

Microsoft will report its fiscal 2010 first quarter results on October 22, and Wall Street will be looking for some signs of improvement from several consecutive dismal quarters. Slowing PC and server sales have decimated Microsoft's business, and company officials have called the situation the most difficult economic environment the company has faced in its history.

Agencies

Motorola's Android system banks on Google's Web power

Struggling phone maker Motorola unveiled its first device using Google's Android system Thursday, expecting it will power features that promise easier access to hot Internet sites like Facebook and Twitter.

The phone, called Cliq, will go on sale at T-Mobile before the end of the year. Pricing info has not yet been released.

Motorola has reorganized its handset biz around Google's Android system, hoping the partnership with the Web search leader can help it win back customers.

The centerpiece of Motorola's Android development is its MOTOBLUR software, which integrates contacts, e-mails and text messages along with postings and photos from social networks by feeding content from these sources into "easy-to-manage streams."

For example, Motorola's live "Happenings" application delivers updates posted by friends automatically on multiple social sites to one place, and gives the user a choice of ways to reply to those updates instantly.

Agencies

New smart card technology by 2014, says MTA

Bus and subway riders will be able to abandon the MetroCard and use debit or credit cards to ride anywhere in the city by 2014, according to the MTA.

The Metropolitan Transportation Authority for the first time set a target date for a no-swipe smart-card system to be in full use after years of studies and pilot programs.

With smart-card technology, riders simply waive or tap their credit or debit cards on readers when entering a subway station or bus.

Not having to swipe at turnstiles or dip a MetroCard into a fare box reader should speed travel and reduce MTA expenses, experts have said.

"I think it's great," Bill Henderson, executive director of the MTA's Permanent Citizens Advisory Council. "The technology is going help out the riders and the system."

The 2014 date is included in an MTA document detailing some of the major initiatives in the five-year capital plan recently approved by the authority's governing board.

If fully funded, the capital plan will allocate $220 million for a smart-card system, which also would include prepaid cards not linked to bank or credit accounts.

Agencies

TV blogging application from Den Networks

NDS, which provides technology solutions for digital pay-TV, has announced that digital cable TV operator Den, has launched two services on the NDS MediaHighway platform.

Den recently launched an interactive TV micro blogging application Blog.telly, after the launch of its 24-hour music service in January this year.

Den CEO Anuj Gandhi says, "The launch of these additional services further improves the entertainment experience for our digital cable viewers in India."

NDS senior VP, GM Asia Pacific Sue Taylor adds, “We will continue to work with Den to provide solutions and localised support in India, enabling them to deliver interactive entertainment services to their subscribers."

Agencies