Asian giant still lags behind other emerging nation in electronic payments usage, despite rising base of credit and debit cards, and other paperless transaction modes, according to Visa-Moody's Analytics.
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Indian government says it will match dollar-for-dollar if local organizations pitch in funds amounting to 1 percent of the country's GDP toward technology and science research.
A new report suggests that cloud uptake is booming everywhere from the US to India, with the UK leading the rest of Europe in its adoption of the technology.
Industry may suffer higher operating costs with workers under utilized with fewer projects from Europe and U.S., partly due to drop in IT spending and trade finance, report says.
The co-chiefs of Research in Motion have issued an apology and explanation over the recent service outages that have seen some customers without data functionality for more than three days.The outage began on Monday at around 4pm BST and left BlackBerry users including those in Europe, the Middle East, India and Africa without access to data services, including emails sent via the BlackBerry Enterprise Server (BES).
BlackBerry services are returning to normal in Europe, the Middle East, India and Africa, Research In Motion said in the early hours of Thursday morning.At around 5:30am BST, RIM said it was seeing "a significant increase in service levels" in the regions, after a spell of downtime that began on Monday morning.
Sify's strategic deals with Gulf Bridge International and Saudi Telecom (part of the Europe-India Gateway) expands their reach in Africa and Middle East while strengthening their network capacity in India.
In a $600 Million deal to consolidate IT infrastructure across Europe and maintain data centers, Computer Science Corp. outbid HCL systems. Given CSC's presence in India, quite a bit of the work will be still be outsourced to India.
While China, along with India and the Phillipines, is a mature offshoring destination, it lacks capabilities for supporting North America and Europe
For long India has been handling IT backend for some of the world’s top companies, probably all of them. At the same time, most new and shiny gadgets are first released in the US and Europe before India sees them, some don’t last long enough to make it here.
A survey found considerable greentech investments around the world for Q1, 2009--the same Q1 that had stock markets dyspepsic, investors shy, and governments throwing money at every shadow that moved.The Cleantech GroupT, along with Deloitte, have just released preliminary 1Q09results for clean technology venture investments in North America, Europe,China and India.
While IT budgets are being cut in the US and Europe, spending for 2008 in China, Russia and India is surging forward at 18 percent growth
West cuts back as suppliers feel the heat
It's considered unfair, racist, unimaginative, luddite or worse to question how many millions of people this planet can support at the average GDP of Europe, or more resource-costly, the U.S.
2008 will be a difficult year for TV advertising, with spend growing at a lower rate than the economy: that is, just 1.9% in Europe and 1.5% in the US, according to ScreenDigest. Advertising revenues will grow below average GDP growth between 2008-2012, with annual growth rates of 3.6% in Europe and 3.7% in the [...]
Information technology and IT-enabled services will employ 4 mln people in 2008 and account for 7% of GDP and 33% of India’s foreign-exchange inflows, according to Nasscom.
Offshoring enters yet another new stage of maturity...
Outside the U.S. and Europe, cost is a big motivator for governments to use open-source software--but it's not the only one. China: Local software for local people India: Speaking your language Brazil: The spirit of community
81% of large UK IT companies plan to increase their offshore outsourcing over the next 2-3 years, while only 4% expect to decrease it, TPI says. While India continues to enjoy its first mover advantage, being used by 75% of survey respondents, there is close competition for second place, between Central and Eastern Europe (28%) and China (25%).
India and China will be the main winners from an increase in offshoring but Eastern Europe is also set to benefit, according to a report.
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