Issue dated - 09th September 2002

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Round Up

Adaptec to ramp up in India
The $704-million Adaptec, will be more than doubling its software research and development operations in Hyderabad by the end of this financial year. Besides, the company is also setting up another research centre in Bangalore.

The company plans to ramp up its Hyderabad R&D centre to around 100 engineers, besides setting up a new centre in Bangalore with around 25 engineers.

Adaptec currently employs around 40 engineers in its centre in Hyderabad. The India R&D centre is the only centre of the company outside the US.

Financial Express

Tata Consultancy lines up brand promotion plan
Tata Consultancy Services, which describes itself as one of the fastest growing consulting companies in the world, has drawn up a major plan to leverage its brand strength and join the top-10 league of consulting firms by 2010. According to TCS estimates, with revenues of $875 million in 2001-02, it will have to grow 40 percent every year to get into the top 10 league by 2010. Last year, TCS grew 28 percent and currently ranks 22nd among global consulting firms.

Business Standard

Satyam, IONA sign pact for Web services
Satyam Computer Services has entered into a ‘Premier Partnership’ with the Ireland-based IONA, an e-business platform provider, for Web services and application server platforms.

Under this arrangement, while Satyam will establish a Web services integration practice dedicated to the implementation of IONA Orbix E2A, both companies will initiate joint marketing activities. The Satyam consultants will work with IONA to implement Orbix E2A as a part of e-business integration solutions for the telecommunications, manufacturing and financial services sector.

Business Standard

Accenture, MphasiS BFL in talks for outsourcing pact
Global consultancy firm Accenture is understood to be in talks with MphasiS BFL, the IT consulting and services company, for a potential outsourcing agreement. It is not clear at this stage whether the outsourcing agreement is being worked out with MsourcE, the company’s outsourcing and call centre business arm or with any other division of MphasiS BFL. Market sources have suggested that Accenture may also be engaged in discussions to pick up a stake in MphasiS BFL.

Financial Express

AP to upgrade PCOs to cyber dhabas
In a two-stage process to be completed by the end of this fiscal, the Andhra Pradesh government has embarked on a project which will convert about 5,000 public call offices to Internet dhabas, and later upgrade them to serve as e-seva centres or integrated citizen service centres. While over 1,100-odd mandals across the state have already been networked and are now planned to have integrated services centres, the government has charted out moves to reach out more citizen-centric services to villages across the state.

Business Standard

Infosys logs on to life sciences practice
Software major Infosys Technologies, has started a new practice in life sciences. Its chairman and chief mentor N R Narayana Murthy said at its annual analysts meet, “We have put in place necessary things and we will talk about it after a few wins; after we reach a critical mass.” Infosys feels that marketing is its ‘biggest challenge’ in the current business environment, where corporates have cut back heavily on technology spends. However, the firm hoped to sustain its growth momentum even as it reiterated its earnings guidance of a top line between Rs 3,108 crore and Rs 3,195 crore.

Business Standard

Bathina Technologies claims voice model breakthrough
Bathina Technologies India has claimed a breakthrough in voice automation technology by creating voice models for users with different accents with a training of only 10 to 15 minutes, yielding more than 92 percent initial recognition accuracy.

Business Standard

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