"Profit margins will be lousy, until you get to the other side. The transition will be painful. If they don’t evolve and transition," Pat Gelsinger said.
Wipro’s energy and utilities vertical, contributing around $900 million, or 15% of total sales, is now the fastest-growing business unit.
Unlike typical technical support service providers, iYogi has a proprietary technology platform, which helps it do troubleshooting remotely.
MS is an aspiring player in ERP mkt over which SAP and Oracle has a firm grip, says Kirill Tatarinov, president, MS Business Solutions.
Three years ago, HCL Technologies signed a $350-million, 7-yr contract with Reader’s Digest Association, an iconic brand that is now struggling.
IT's European Links: Infosys, Wipro, TCS and HCL Tech plan acquisition of small French & German players
Three planned acquisitions, each valued at under Rs 270 cr in Germany and another in France valued at a little over $100 mn, are in the final stages.
Hike, the newest kid on mobile instant messaging scene, has had such a wild welcome and adoption rate that it brought the servers down causing disruption in services.
Suchira Iyer, chief marketing officer at Wipro, India's third largest software services exporter has resigned.
The need to reassess internal procedures has come about after a series of incidents in which employees of Indian software firms sued them abroad.
With over 700 captives that employ 5 lakh professionals, India houses critical technology hubs for some of the largest corporations in the world.
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