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19 января, 18:42

Indian outsourcing specialists must reboot their strategies

COMPUTERS slow as they age, and before long must be replaced by newer models. Something similar is true of the business models of Indian IT firms. Specialised in running global companies’ outsourced back-offices, the likes of Infosys, Wipro and Tata Consultancy Services (TCS) used to be national champions growing at double-digit rates. Their prospects have dimmed of late; an entire industry built on the back of globalisation is fretting about the incoming American president. But Donald Trump is merely the latest threat to their operating systems. Over three decades, Indian IT has become a $140bn industry built on a simple proposition: rich-country companies could trim costs by getting tedious behind-the-scenes IT work done by cheap engineers in India. The Indian firms hoovered up bright graduates—the big three have over 700,000 employees in total—paying them starting salaries of $5,000 or so, a decent local wage. After gaining some experience, tens of thousands were dispatched to client sites in Europe or America, along with a few expensive local staff. The rest ensured their clients’ computer systems kept ticking over from cosy cubicles in...

19 января, 18:42

Reboot: Indian outsourcing specialists must reboot their strategies

Print section Print Rubric:  Indian outsourcing specialists must upgrade their strategies Print Headline:  Reboot Print Fly Title:  Information technology UK Only Article:  standard article Issue:  The 45th president Fly Title:  Reboot Location:  Mumbai Main image:  20170121_WBD001_0.jpg COMPUTERS slow as they age, and before long must be replaced by newer models. Something similar is true of the business models of Indian IT firms. Specialised in running global companies’ outsourced back-offices, the likes of Infosys, Wipro and Tata Consultancy Services (TCS) used to be national champions growing at double-digit rates. Their prospects have dimmed of late; an entire industry built on the back of globalisation is fretting about the incoming American president. But Donald Trump is merely the latest ...

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05 января, 06:36

BRIEF-Wipro's digital TV middleware solution enables Hisense 4K TVs in Japan

* Says Wipro's digital tv middleware solution powers Hisense 4K TVs Source text: http://bit.ly/2iCFtmc Further company coverage:

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23 декабря 2016, 06:16

BRIEF-Wipro reaches agreement with U.S.SEC on case regarding embezzlement of funds

* Says announces agreement with Securities And Exchange Commission

01 декабря 2016, 13:43

BRIEF-Wipro gets infrastructure deal from Australia-based Woodside

* Wipro wins infrastructure deal from Australia-based oil and gas company, Woodside Source text: http://bit.ly/2fI8EUG Further company coverage:

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24 ноября 2016, 13:48

BRIEF-Wipro grants 5,000 restricted stock units

* Wipro says company has granted 5,000 restricted stock units Source text: http://bit.ly/2fuzZYz Further company coverage:

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15 ноября 2016, 15:57

BRIEF-Wipro and ASG Tech partner to offer enterprise data intelligence solution

* Wipro Ltd says ASG Tech and co partner to offer enterprise data intelligence solution

07 ноября 2016, 17:02

Cognizant (CTSH) Beats on Q3 Earnings, Sales; Tweaks View

Cognizant Technology Solutions Corp.'s (CTSH) third-quarter 2016 adjusted earnings of 81 cents per share beat the Zacks Consensus Estimate of 75 cents.

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07 ноября 2016, 13:48

BRIEF-India's Wipro launches open banking API platform

* Says Wipro launches open banking API platform Source text: http://bit.ly/2eEFbsG Further company coverage: (Bengaluru newsroom)

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03 ноября 2016, 13:49

BRIEF-Wipro Ltd appoints Gilles Grang as regional head of ops in France

* Says appointment of Gilles Grang as the regional head of operations in France Source text: http://bit.ly/2fkyXvh Further company coverage: (Bengaluru newsroom)

02 ноября 2016, 17:07

Инвестирование в ИИ сулит больше выгод, чем рисков

Автор: КР Санджив — технический директор в Wipro Сложно предсказать каким образом будет развиваться технология искусственного интеллекта в ближайшие 10-20 лет, но потенциал для прибылей огромный. К 2018 году роботы будут управлять работой более 3-х млн человек; к 2020 г, умные машины станут главным объектом инвестирования для более чем трети руководителей корпораций по инвестиционной политике. Читать дальше →

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21 октября 2016, 15:31

UPDATE 2-India's Wipro sees U.S. election, Brexit slowing Q3 revenue growth

* Wipro cautiously optimistic about next two/three quarters (Adds details, CEO comments)

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21 октября 2016, 15:20

BRIEF-Wipro exec says co sees resurgence of spend in oil & gas only next year

* Exec says sees resurgence of spend in oil and gas only next year

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21 октября 2016, 14:19

BRIEF-Wipro sees Dec-qtr revenues from IT services to be $1,916-$1,955 mln

* Wipro Ltd says expect revenues from IT services business to be in the range of $ 1,916 million to $ 1,955 million for the quarter ending December 31, 2016

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21 октября 2016, 14:19

India's Wipro posts 7.6 pct Q2 profit fall as employee costs rise

MUMBAI, Oct 21 (Reuters) - India's third-biggest software services exporter, Wipro Ltd, reported a 7.6 percent fall in second-quarter profit on higher employee costs, even though it beat analysts' expectations.

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21 октября 2016, 14:11

BRIEF-Wipro Sept-qtr consol profit down about 8 pct

* Consensus forecast for sept quarter consol net profit was 19.72 billion rupees

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20 октября 2016, 16:57

India's Wipro to buy US cloud services company Appirio for $500 mln

MUMBAI, Oct 20 (Reuters) - Wipro Ltd, India's third-biggest software services exporter, said on Thursday it had agreed to buy U.S.-based cloud services company Appirio for $500 million.