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15% of US IT projects to be done in India

15% of US IT projects to be done in India

Over the next six years, 15% of information technology jobs required by US companies will be done in India, according to AMR Research. Companies reinvest 60% of cost savings attributed to outsourcing in IT or business unit projects.

February 16, 2005 by in India

Average American spends 619 minutes a month on the cell phone

Average American spends 619 minutes a month on the cell phone

According to Telecom Regulatory Authority of India, Indian subscribers are the fifth heaviest phone users at 309 minutes per month per subscriber. While subscribers in the US talk the most at 619 minutes a month, those staying in Canada are the second highest users with an average usage of 344 minutes a month.

January 25, 2005 by in India

Indian companies spent $3 bln on IT in 2004

Indian companies spent $3 bln on IT in 2004

India medium businesses (MBs) surged ahead in 2004, hiring employees, opening new sites and increasing spending on IT. The previously under-saturated MB market made strong strides in adopting new and advanced IT products and solutions, encompassing virtual private networks (VPNs), networked storage, wireless LANs, intrusion detection, firewalls and customer-focused enterprise applications.

January 27, 2005 by in India

Indian IT services to grow at 17.3% CAGR

Indian IT services to grow at 17.3% CAGR

Multinational IT services companies that had set up offshore operations in India would use their local delivery centers not only to serve clients abroad, but also in the domestic IT market, which grew by 15% in 2003 over 2002, Gartner said. At a CAGR of 17.

August 26, 2004 by in India