Defying the global meltdown, Karnataka earned $17 billion (Rs.74,929 crore) from software exports last fiscal (2008-09) as against Rs.60,800 crore the previous year, registering a 23 per cent growth in rupee terms and 21.5 per cent in dollar terms.
"The export performance of the IT industry in the state, especially Bangalore, demonstrates the knowledge sector remains unaffected by the global meltdown and decline in IT spending overseas," state Information Minister Katta Subbramanya Naidu told reporters here.
As India's tech hub, Bangalore accounted for Rs.72,506 crore or 97 per cent of the state's total exports, while the remaining Rs.2,423 crore are from tier-two cities such as Mysore, Mangalore and Hubli-Dharwad, registering 45 percent year-on-year (YoY) growth.
India's combined software exports -- spanning services, products and business process outsourcing (BPO) -- grew 21 per cent to $50 billion (Rs.2.22 trillion) as against $41 billion (Rs.1.84 trillion) in 2007-08.
Karnataka accounted for 34 per cent of the country's total software exports last fiscal.
"The growth is substantial especially in the current economic scenario. The state retains its top position in the sector, including exports," Naidu said.
Naidu said the state had set a target of $20 billion (Rs.1,000 billion) this fiscal.
Incidentally, the industry's representative body, National Association of Software Services and Companies (Nasscom), has forecast India's software exports this fiscal to be around $48-50 billion.
According to R. Rajalakshmi, director of the Bangalore chapter of the Software Technology Parks of India (STPI), Karnataka's software export revenues are from the 1,200 firms registered with the STPI and software-related special economic zones.
Eighty-four software units will be set up in the state this fiscal, including 35 with foreign equity, two Indian majors and 47 small and medium enterprises, with a combined investment of Rs.465 crore.
In spite of voluntary attrition and lay-offs in the BPO sector, employment in the software industry in the state increased by 34,000 to 554,000 in 2008-09.
Agencies
Tuesday, September 1, 2009
Monday, August 31, 2009
Does Huawei eye for stake in Alcatel-Lucent?
China's Huawei Technologies said on Friday it had no plans to buy a stake in Alcatel-Lucent, two days after the French-American telecoms equipment maker's stock jumped on market talk a Chinese rival could acquire it.
"Our customer-centric innovation strategy is driving Huawei's growth and that remains our strategy," Ross Gan, global head of corporate communications at Huawei told Reuters. "Huawei has no plans to take a stake in Alcatel-Lucent," he said.
Alcatel-Lucent's shares rose 16 percent on Wednesday on the market chatter and a rating upgrade by Natixis. By 0820 GMT on Friday, the stock had gained 3.1 percent in a broader market .FCHI up 1.3 percent.
A public relations official at Huawei's domestic rival, ZTE Corp, also said she had no information on any upcoming deal. "I think it is just a rumour," she said.
Huawei and ZTE have been expanding their operations aggressively in overseas markets, but those efforts are being driven mostly by organic growth. Analysts said any acquisitions would face stern regulatory scrutiny.
That scrutiny derailed an attempt by Huawei and partner Bain Capital to buy U.S.-based 3Com in 2007.
"Huawei is keen to expand internationally, so I'm not surprised that this has come up, but I would be surprised if it went ahead," said Damien Bailey, a telecoms specialist at law firm Simmons & Simmons.
"There will undoubtedly be consolidation in the telecoms equipment manufacturing sector, and I think there will probably only be three or four left, with Huawei and ZTE being two of those," he said.
Besides the regulatory concerns, any deal for Alcatel-Lucent would mark a major acquisition as the 2006 merger between France's Alcatel and U.S.-based Lucent Technologies has a current market value of about $9 billion.
For a related analysis on rival Nokia Siemens Networks
Alcatel-Lucent has been struggling to turn a profit since its 2006 merger, which was supposed to help it cut costs and better compete with Chinese gear makers including Huawei and ZTE. ($ = 6.83 yuan)
Agencies
"Our customer-centric innovation strategy is driving Huawei's growth and that remains our strategy," Ross Gan, global head of corporate communications at Huawei told Reuters. "Huawei has no plans to take a stake in Alcatel-Lucent," he said.
Alcatel-Lucent's shares rose 16 percent on Wednesday on the market chatter and a rating upgrade by Natixis. By 0820 GMT on Friday, the stock had gained 3.1 percent in a broader market .FCHI up 1.3 percent.
A public relations official at Huawei's domestic rival, ZTE Corp, also said she had no information on any upcoming deal. "I think it is just a rumour," she said.
Huawei and ZTE have been expanding their operations aggressively in overseas markets, but those efforts are being driven mostly by organic growth. Analysts said any acquisitions would face stern regulatory scrutiny.
That scrutiny derailed an attempt by Huawei and partner Bain Capital to buy U.S.-based 3Com in 2007.
"Huawei is keen to expand internationally, so I'm not surprised that this has come up, but I would be surprised if it went ahead," said Damien Bailey, a telecoms specialist at law firm Simmons & Simmons.
"There will undoubtedly be consolidation in the telecoms equipment manufacturing sector, and I think there will probably only be three or four left, with Huawei and ZTE being two of those," he said.
Besides the regulatory concerns, any deal for Alcatel-Lucent would mark a major acquisition as the 2006 merger between France's Alcatel and U.S.-based Lucent Technologies has a current market value of about $9 billion.
For a related analysis on rival Nokia Siemens Networks
Alcatel-Lucent has been struggling to turn a profit since its 2006 merger, which was supposed to help it cut costs and better compete with Chinese gear makers including Huawei and ZTE. ($ = 6.83 yuan)
Agencies
Is Apple OS enterprise ready? Check out with Gartner
Apple Inc's soon to be on board operating system, Snow Leopard does not signal enterprise readiness, even though is noted for its native support of Microsoft Exchange 2007, stated analyst firm Gartner.
Snow Leopard, which runs exclusively on Intel-based Macs, includes full 64-bit support, Grand Central Dispatch (which allows programmers to more easily use multicore processors), OpenCL (to more fully utilise the power of graphics processors), and Exchange support for Apple mail, contacts and calendar.
From a business perspective, the most important feature is the ability for the Mac e-mail client to access Microsoft Exchange (2007 version only) in a native fashion.
The Mac client binds to Exchange Web Services (EWS) via its web services application programming interface (API), not the traditional messaging application programming interface (MAPI), which is difficult to write to and maintain.
Gartner analysts Mike Silver and Matt Cain said that they expect this ability combined with an improved version of Entourage, the e-mail client in Microsoft's Office: Mac would result in growing end-user demand for IT groups to grant support for the Mac.
According to Gartner, while native support for Exchange would allow users to run their Macs at work more easily, this does not mean that Macs can more easily replace Windows PCs in most organizations.
"Apple is not addressing business needs for service or support, and most organizations will continue to require Windows to run a majority of their applications. Furthermore, to the extent Mac users may still require Office, either natively onMac OS or running in a Windows virtual machine, native Exchange support, which does not support Outlook personal store files (PSTs), will address only part of the user need," added the analysts.
The analyst firm recommends businesses to understand the various ways Macs can support Exchange.
Mike Silver and Matt Cain noted, "Even if you don't officially support Macs, you will likely need to provide some assistance to users who are running them. Don't assume that because Apple is making Macs easier to integrate into the enterprise, the company is entering the corporate market. Also, understand that this development will not allow Macs to easily replace Windows PCs in most cases,"
For IT groups, Gartner recommends preparing to handle requests for Mac integration into corporate networks. Before granting widespread support for Macs, consider the full range of user needs and Apple's ability to offer corporate-grade support.
It advises to continue investing in web-oriented architecture and service-oriented architecture, which would help in becoming more OS-neutral and allow more choice in hardware and software.
"If you run web applications, move these forward to support the emerging set of Web standards, such as HTML5 and CSS2.1, and interoperability protocols such as OpenID and oAuth," said the analysts
Agencies
Snow Leopard, which runs exclusively on Intel-based Macs, includes full 64-bit support, Grand Central Dispatch (which allows programmers to more easily use multicore processors), OpenCL (to more fully utilise the power of graphics processors), and Exchange support for Apple mail, contacts and calendar.
From a business perspective, the most important feature is the ability for the Mac e-mail client to access Microsoft Exchange (2007 version only) in a native fashion.
The Mac client binds to Exchange Web Services (EWS) via its web services application programming interface (API), not the traditional messaging application programming interface (MAPI), which is difficult to write to and maintain.
Gartner analysts Mike Silver and Matt Cain said that they expect this ability combined with an improved version of Entourage, the e-mail client in Microsoft's Office: Mac would result in growing end-user demand for IT groups to grant support for the Mac.
According to Gartner, while native support for Exchange would allow users to run their Macs at work more easily, this does not mean that Macs can more easily replace Windows PCs in most organizations.
"Apple is not addressing business needs for service or support, and most organizations will continue to require Windows to run a majority of their applications. Furthermore, to the extent Mac users may still require Office, either natively onMac OS or running in a Windows virtual machine, native Exchange support, which does not support Outlook personal store files (PSTs), will address only part of the user need," added the analysts.
The analyst firm recommends businesses to understand the various ways Macs can support Exchange.
Mike Silver and Matt Cain noted, "Even if you don't officially support Macs, you will likely need to provide some assistance to users who are running them. Don't assume that because Apple is making Macs easier to integrate into the enterprise, the company is entering the corporate market. Also, understand that this development will not allow Macs to easily replace Windows PCs in most cases,"
For IT groups, Gartner recommends preparing to handle requests for Mac integration into corporate networks. Before granting widespread support for Macs, consider the full range of user needs and Apple's ability to offer corporate-grade support.
It advises to continue investing in web-oriented architecture and service-oriented architecture, which would help in becoming more OS-neutral and allow more choice in hardware and software.
"If you run web applications, move these forward to support the emerging set of Web standards, such as HTML5 and CSS2.1, and interoperability protocols such as OpenID and oAuth," said the analysts
Agencies
Does Barack Obama plan to take over the internet?
The new version of a US Senate bill allows President Barack Obama to seize temporary control of private sector networks during a cybersecurity emergency. The bill allows the President to "declare a cybersecurity emergency" related to the "non-governmental" computer networks for dealing with cyber threat. The bill is introduced by senator Jay Rockefeller, a West Virginia Democrat, who has spent months preparing the draft.
"I think the redraft, while improved, remains troubling due to its vagueness. It is unclear what authority senator Rockefeller thinks is necessary over the private sector. Unless this is clarified, we cannot properly analyze, let alone support the bill." said Larry Clinton, President, Internet Security Alliance, which counts representatives of Verizon, Verisign, Nortel, and Carnegie Mellon University on its board.
Large internet and telecommunications company representatives have expressed concerns about the bill in a teleconference with Rockefeller's aides. As a source familiar to the bill informed that the primary concern was the electrical grid regarding the consequences of an attack from a broadband connection.
Rockefeller's proposal provides an ease to a broader concern in Washington about the government's role in cybersecurity. President Obama has already acknowledged that the government is "not as prepared" and announced that a new cybersecurity coordinator position would be created inside the White House staff.
After three months, the post remains empty, one top cybersecurity aide has quit, and people are wondering that a government which has failed on the point of cybersecurity, how can they be trusted when they instruct the private sector.
The revised legislation of Rockefeller's proposal seeks to reshuffle the way the federal government addresses the topic. It seeks a cybersecurity workforce plan from every federal agency, a dashboard pilot project, measurements of hiring effectiveness, and the implementation of a "comprehensive national cybersecurity strategy" in six months, even though its mandatory legal review will take one year to complete.
The issue lies in section 201, which permits the President to "direct the national response to the cyber threat" if necessary for "the national defense and security." The White House is supposed to do a "periodic mapping" of private networks deemed to be critical, and those companies "shall share" requested information with the federal government.
"The language has changed but it doesn't contain any real additional limits. It simply switches the more direct and obvious language they had originally to the more ambiguous versions. The designation of what is a critical infrastructure system or network as far as I can tell has no specific process. There's no provision for any administrative process or review. That's where the problems seem to start. And then you have the amorphous powers that go along with it," said Lee Tien, Staff Attorney, Electronic Frontier Foundation.
So if any company is stated under the term "critical," a new set of regulations start like involving who you can hire, what information you must disclose, and when the government would exercise control over your computers or network.
Agencies
"I think the redraft, while improved, remains troubling due to its vagueness. It is unclear what authority senator Rockefeller thinks is necessary over the private sector. Unless this is clarified, we cannot properly analyze, let alone support the bill." said Larry Clinton, President, Internet Security Alliance, which counts representatives of Verizon, Verisign, Nortel, and Carnegie Mellon University on its board.
Large internet and telecommunications company representatives have expressed concerns about the bill in a teleconference with Rockefeller's aides. As a source familiar to the bill informed that the primary concern was the electrical grid regarding the consequences of an attack from a broadband connection.
Rockefeller's proposal provides an ease to a broader concern in Washington about the government's role in cybersecurity. President Obama has already acknowledged that the government is "not as prepared" and announced that a new cybersecurity coordinator position would be created inside the White House staff.
After three months, the post remains empty, one top cybersecurity aide has quit, and people are wondering that a government which has failed on the point of cybersecurity, how can they be trusted when they instruct the private sector.
The revised legislation of Rockefeller's proposal seeks to reshuffle the way the federal government addresses the topic. It seeks a cybersecurity workforce plan from every federal agency, a dashboard pilot project, measurements of hiring effectiveness, and the implementation of a "comprehensive national cybersecurity strategy" in six months, even though its mandatory legal review will take one year to complete.
The issue lies in section 201, which permits the President to "direct the national response to the cyber threat" if necessary for "the national defense and security." The White House is supposed to do a "periodic mapping" of private networks deemed to be critical, and those companies "shall share" requested information with the federal government.
"The language has changed but it doesn't contain any real additional limits. It simply switches the more direct and obvious language they had originally to the more ambiguous versions. The designation of what is a critical infrastructure system or network as far as I can tell has no specific process. There's no provision for any administrative process or review. That's where the problems seem to start. And then you have the amorphous powers that go along with it," said Lee Tien, Staff Attorney, Electronic Frontier Foundation.
So if any company is stated under the term "critical," a new set of regulations start like involving who you can hire, what information you must disclose, and when the government would exercise control over your computers or network.
Agencies
Dual-screen laptops to hit market by 2009-10
The world's first laptop with twin monitors is slated to hit the stores by the end of the year.
The dual-screen laptop, entitled Spacebook, was masterminded by Alaska-based technology firm gScreen.
The pioneering technology, that will let users to multi-task while on the move, will have two 15.4 in screens, reports the Telegraph.
The PC is estimated to cost enthusiasts around 3,000 dollars but not without concerns regarding the weight of the Spacebook and the pressure on the batteries to meet the energy demands of running two screens.
Gordon Stewart, the founder of gScreen, told US technology website Gizmodo, that the gadget could be expected to be up for grabs on Amazon by December this year, provided final modifications had been dealt with.
He said: "We designed this knowing that many may not need the extra screen at all times."
Spacebook is thought to be the first of its kind with twin screens of equal size.
Agencies
The dual-screen laptop, entitled Spacebook, was masterminded by Alaska-based technology firm gScreen.
The pioneering technology, that will let users to multi-task while on the move, will have two 15.4 in screens, reports the Telegraph.
The PC is estimated to cost enthusiasts around 3,000 dollars but not without concerns regarding the weight of the Spacebook and the pressure on the batteries to meet the energy demands of running two screens.
Gordon Stewart, the founder of gScreen, told US technology website Gizmodo, that the gadget could be expected to be up for grabs on Amazon by December this year, provided final modifications had been dealt with.
He said: "We designed this knowing that many may not need the extra screen at all times."
Spacebook is thought to be the first of its kind with twin screens of equal size.
Agencies
Sunday, August 30, 2009
Open Source technologies now sought by Wall Street companies
Economic slowdown had a huge impact on the financial institutions around the world. Recession has forced these financial institutions to take a look at their budget as well as the technology that they are using. In times like this open source technology is growing in the capital markets because of increased cost pressures. Many Wall Street companies are now adopting open source even though there are many who still believe that any software that they develop is proprietary and has a competitive edge.
"What the crisis has done is shattered the orthodoxy in what is accepted as the correct way to build out systems, and it has allowed people to think more creatively about how their software works," comments Graham Miller, Co-Founder and CEO of Marketcetera, an open source platform for building automated trading systems to Wall Street and Technology. Many banks and brokers have been running open source applications like Linux and the free Apache web servers in the back office. Now, open source is finding its way to the front office trading desk as well.
Many open source companies are booming in times like these. One such example is Esper, which provides an open-source event stream processing and complex event processing (CEP) solution. Esper is already built. Instead of being a standalone server product that runs as a separate product, it's a library that companies can link in with their own proprietary stuff.
Recently, many Wall Street IT developers have started participating in open source technology projects. Firms like Credit Suisse, Goldman Sachs, JPMorgan Chase and Deutsche Borse Systems participated in the open source (AMQP) Advanced Message Queing (popular open source project among the financial services industry) Working Group and collaborated on standards for messaging infrastructure. "AMQP is not just a financial service [project], but it's something that has been taken seriously in the financial services space. Tough economy has opened the growth of open source. You get your base products for free, and you're essentially getting innovation in that product for free, because people are contributing and improving the software all the time," said Kevin McPartland, Senior Analyst at TABB Group to Wall Street and Technology.
Cost still remains the most important reason especially when many major vendors have increased the licensing fees of their product. Buying a Trading system from a vendor will require lengthy and costly customization. "We've built out a platform product that provides out-of-the-box components for market data, signal analysis engines, market connectivity and user interface capabilities to exchanges, ECNs, brokers and lots of different destinations," says Miller. Marketcetera launched Version 1.0 of its Trading Platform, which can be downloaded free-of-charge from its Web site. They have tried to follow Red Hat way of providing fee-based service and support. The company integrates several open-source technologies including QuickFIX/J, a messaging engine for the FIX protocol, and QuantLib, a free library for quantitative finance and Esper.
However, despite open source company's claim many experts doubt that open source is cheaper than software vendors. Custom development of open source software can be more costly than proprietary software. "It might look cheaper on paper but if you look at what you want to do with it, and it requires a substantial engineering effort rather than a commercial product, then it's not necessarily the most effective solution," says Adam Honore, Senior Analyst at Aite Group. He further adds that there could be support, maintenance and accountability issues with some open source vendors.
Agencies
"What the crisis has done is shattered the orthodoxy in what is accepted as the correct way to build out systems, and it has allowed people to think more creatively about how their software works," comments Graham Miller, Co-Founder and CEO of Marketcetera, an open source platform for building automated trading systems to Wall Street and Technology. Many banks and brokers have been running open source applications like Linux and the free Apache web servers in the back office. Now, open source is finding its way to the front office trading desk as well.
Many open source companies are booming in times like these. One such example is Esper, which provides an open-source event stream processing and complex event processing (CEP) solution. Esper is already built. Instead of being a standalone server product that runs as a separate product, it's a library that companies can link in with their own proprietary stuff.
Recently, many Wall Street IT developers have started participating in open source technology projects. Firms like Credit Suisse, Goldman Sachs, JPMorgan Chase and Deutsche Borse Systems participated in the open source (AMQP) Advanced Message Queing (popular open source project among the financial services industry) Working Group and collaborated on standards for messaging infrastructure. "AMQP is not just a financial service [project], but it's something that has been taken seriously in the financial services space. Tough economy has opened the growth of open source. You get your base products for free, and you're essentially getting innovation in that product for free, because people are contributing and improving the software all the time," said Kevin McPartland, Senior Analyst at TABB Group to Wall Street and Technology.
Cost still remains the most important reason especially when many major vendors have increased the licensing fees of their product. Buying a Trading system from a vendor will require lengthy and costly customization. "We've built out a platform product that provides out-of-the-box components for market data, signal analysis engines, market connectivity and user interface capabilities to exchanges, ECNs, brokers and lots of different destinations," says Miller. Marketcetera launched Version 1.0 of its Trading Platform, which can be downloaded free-of-charge from its Web site. They have tried to follow Red Hat way of providing fee-based service and support. The company integrates several open-source technologies including QuickFIX/J, a messaging engine for the FIX protocol, and QuantLib, a free library for quantitative finance and Esper.
However, despite open source company's claim many experts doubt that open source is cheaper than software vendors. Custom development of open source software can be more costly than proprietary software. "It might look cheaper on paper but if you look at what you want to do with it, and it requires a substantial engineering effort rather than a commercial product, then it's not necessarily the most effective solution," says Adam Honore, Senior Analyst at Aite Group. He further adds that there could be support, maintenance and accountability issues with some open source vendors.
Agencies
Check out the latest update of SaaS studies
Software-as-a-service (SaaS) is playing an important role in changing the fundamentals of business for user companies and for SaaS providers themselves. These changes are part of a multi-year 'loop' cycle that reciprocates between users and providers, with each side influencing the other in unforeseen ways.
Mismanaging this 'endless loop of innovation' will prevent user firms from being able to derive real competitive advantage from SaaS, prevent SaaS providers from competing on an increasingly global stage and trap ISVs (Independent software vendors) from growing along with the global user IT market.
Understanding how each side influences the others and how to manage it effectively through changing market scenarios, is the key theme of 'An Endless Cycle of Innovation: Saugatuck SaaS Scenarios Through 2014', the latest global research program developed and published by Saugatuck Technology.
On the launch of new study, Bruce Guptill, Managing Director of Research, Saugatuck Technology said, "The research shows us a combination of changing SaaS acquisition and adoption, both as a result of the global recession and as a result of the changing nature of SaaS itself. How users do business with SaaS is changing how providers develop and deliver SaaS and is changing how ISVs and other players will need to compete over the next several years. Failure to recognize and adapt to these changes will make it extremely difficult, and much more costly than it should be, for anyone to benefit from SaaS."
As the demand of SaaS is growing globally, the analysts expect that by year 2012, SaaS solutions is likely to become the de facto choice for the majority of user organizations that are replacing legacy applications or business systems as they reach the end of their useful lives or when driven by other important business considerations.
According to Guptill, by year 2014, SaaS and Cloud Computing will become an integral to infrastructure, business systems, operations and development within all aspects of user firms with variations in status and roles based on region and business culture. Prior to this time period, SaaS is likely to act as an important 'agent of change'.
Agencies
Mismanaging this 'endless loop of innovation' will prevent user firms from being able to derive real competitive advantage from SaaS, prevent SaaS providers from competing on an increasingly global stage and trap ISVs (Independent software vendors) from growing along with the global user IT market.
Understanding how each side influences the others and how to manage it effectively through changing market scenarios, is the key theme of 'An Endless Cycle of Innovation: Saugatuck SaaS Scenarios Through 2014', the latest global research program developed and published by Saugatuck Technology.
On the launch of new study, Bruce Guptill, Managing Director of Research, Saugatuck Technology said, "The research shows us a combination of changing SaaS acquisition and adoption, both as a result of the global recession and as a result of the changing nature of SaaS itself. How users do business with SaaS is changing how providers develop and deliver SaaS and is changing how ISVs and other players will need to compete over the next several years. Failure to recognize and adapt to these changes will make it extremely difficult, and much more costly than it should be, for anyone to benefit from SaaS."
As the demand of SaaS is growing globally, the analysts expect that by year 2012, SaaS solutions is likely to become the de facto choice for the majority of user organizations that are replacing legacy applications or business systems as they reach the end of their useful lives or when driven by other important business considerations.
According to Guptill, by year 2014, SaaS and Cloud Computing will become an integral to infrastructure, business systems, operations and development within all aspects of user firms with variations in status and roles based on region and business culture. Prior to this time period, SaaS is likely to act as an important 'agent of change'.
Agencies
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