Hexaware Technologies Launches HPower10 for the Healthcare Industry
MUMBAI, India, March 3, 2010 /PRNewswire-FirstCall/ — Hexaware Technologies, a leading global provider of IT & BPO services and consulting, today announced the launch of HPower10, an innovative solution that will help in assessment and transition for the International Classification of Diseases (ICD). This automated solution designed for healthcare customers will provide for transitioning from ICD-9 to ICD-10 without human intervention. HPower10, a secure and non-intrusive solution will provide comprehensive diagnosis across all affected IT systems on open and legacy platforms. Read more
Mahindra Satyam appoints Sudhir Nair as Head of Infrastructure Services
Filed under: Computing, Data Management, IT Services, Software
10 Nov 2009 , Hyderabad : Mahindra Satyam, the brand identity of Satyam Computer Services Ltd. (NYSE:SAY), a leading global consulting and IT services provider, today announced the appointment of Sudhir Nair as Senior Vice President and Head of Infrastructure Services.
Prior to joining Mahindra Satyam, Sudhir has been with Infosys as an integral part of the core team responsible for launching the Infrastructure Management Services (IMS) into the Global Market and driving significant growth. Sudhir comes equipped with 20 years of cross functional experience in IT Infrastructure services, and has served in leadership positions in delivery and business development. Read more
Infosys Technologies projects $5 billion revenue in FY2009
Infosys Technologies has reported a year on year growth of 20.4 per cent to Rs4,542 crore for its quarter ended 31 March and a net profit after tax of Rs1,249 crore registering a YoY growth of 9.2 per cent. This was shared as part of announcing its Q4 and FY 2008 results.
The net profit for the quarter and year ended 31 March 2008 includes a reversal of tax provisions amounting to Rs20 crore and Rs121 crore respectively (Rs125 crore for the quarter and year ended 31 March 2007).
Infosys says excluding this reversal, the earnings per share for the quarter and year ended 31 March 2008 would have been Rs21.47 and Rs79.39 resulting in a YoY growth of 18.6 per cent and 18.7 per cent respectively.
Earnings per share increased to Rs21.83 from Rs20.30 for the corresponding quarter in the previous year; YoY growth was 7.5 per cent
Its operating margin stood at 32.54 per cent versus 32.60 per cent while projection was at 32.8 per cent. Other income was at Rs139 crore and tax provision reported at Rs 211 crore. BFSI contributed 33.9 per cent to Q4 revenues as against 36.8 per cent in Q3.
The company has added a new $300-million client in Q4 among the 40 clients during the quarter. Net addition of employees stood at 5947.
Consolidated results for the year ended 31 March 2008:
- Income of Rs16,692 crore for the year ended 31 March 2008; YoY growth 20.1 per cent
- Net profit after tax before exceptional item was Rs.4,659 crore for the year ended
- March 31, 2008; YoY growth was 20.8 per cent
Earnings per share before exceptional item increased to Rs81.53 from Rs69.11 in the previous year; YoY growth was 18.0 per cent
The company has announced a final dividend of Rs7.25 per share amounting to 145 per cent on par value of Rs5 per share, and a special dividend of Rs20 per share amounting to 400 per cent on par value for fiscal 2008.
Infosys says though its current financial policy is to pay dividends up to 20 per cent of net profits, its board has decided to increase the dividend pay-out ratio to up to 30 per cent of net profits effective fiscal 2009.
Guidance
FY09 revenues seen at Rs 19894-20214 crore
FY09 EPS at Rs 92.30-93.90
Q1 revenues seen at Rs 4570-4582 crore (up 21.1-21.4 per cent YoY)
Q1 EPS seen at Rs 20.73 Vs Rs 21.83 in Q4 (De-growth of 5 per cent QoQ and up 15 per cent YoY) (Rupee rate taken as 40.02 per dollar)
|
(In Rs crore) |
||||
| Result |
Dec-07 |
Sep-07 |
Jun-07 |
Mar-06 |
| Profit before depreciation and tax |
5646 |
4600 |
3133 |
2453 |
| Depreciation |
-546 |
-469 |
-409 |
-268 |
| Profit before Tax |
5100 |
4131 |
2724 |
2184 |
| Tax |
-630 |
-352 |
-303 |
-325 |
| Provisions and Contingencies |
- |
-2 |
- |
-0 |
| Profit after tax |
4470 |
3777 |
2421 |
1859 |
| Extraordinary Items |
- |
6 |
- |
45 |
| Net profit |
4470 |
3783 |
2421 |
1904 |
| Equity capital |
286 |
286 |
138 |
135 |
“The pricing environment remained stable during the quarter,” said S.D. Shibulal, Chief Operating Officer. “We continue to see greater growth opportunities in Europe. Our current utilisation level provides us enough flexibility to grow faster.”
Infosys said it had responded to emerging market needs by introducing new, value-added services, ‘learning services’ to addresses business problems that require a focus on underlying organisational learning needs. Current solutions include managed knowledge transfer, process adoption and sustenance, global sales effectiveness as well as enabling corporate universities and learning organizations to meet the needs of a global talent pool.
Wipro Launches ”Upgrade-in-a-lab” Model to Save around 30% Cost of PeopleSoft Upgrade
BANGALORE, India, Feb 19, 2008 — Wipro Technologies, the global IT services business of Wipro Limited (NYSE:WIT), today announced that its EAS business unit has engaged with its key clients to upgrade their enterprise application environment using Wipro’s proprietary “Upgrade-in-a-lab” model, which could pave the way for the next version of global delivery in the enterprise application space.
Wipro’s innovative “Upgrade-in-a-lab” model allows complete customization and retrofitting to be done remotely, resulting in approximately 30% reduction in cost. Leveraging this unique model, Wipro is helping Analogic, a leader in North America for the design and manufacture of high-performance medical and security imaging systems, to successfully upgrade to the latest PeopleSoft 9.0 version from the currently deployed PeopleSoft 7.53 version.
The key highlights of this unique model are that it cuts down the upgrade cost by approximately 30% over the traditional model and provides approximately 60% overhead reduction (infrastructure usage, reduction in involvement of customer teams, etc.), resulting in a higher ROI from their enterprise apps upgrade initiatives.
Commenting on the success of this model, Thor Wallace, VP & CIO of Analogic, said, “We are glad that we chose Wipro as our IT partner. Their in-depth process knowledge and the innovative and cost-effective ‘Upgrade-in-lab’ delivery model are key factors in our upgrade initiative. ‘Upgrade-in-lab’ is not only helping us meet our aggressive upgrade schedule; it will also save us approximately 30% over a traditional offshore upgrade approach.”
Raja Ukil, head of PeopleSoft practice for Wipro Technologies, said, “Wipro is continuously developing innovative solutions to help drive non-linearity for our clients. The benefits accrued to our customers from ‘Upgrade-in-a-lab’ validate our efforts.”
Wipro is offering is also this “Upgrade-in-a-lab” delivery model for upgrade of Siebel and JD Edwards instances.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT – News) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application development, and maintenance services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro’s ADS’ are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange — Mumbai, and the National Stock Exchange. For more information, please visit our websites at www.wipro.com and www.wiprocorporate.com.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.
Contact:
Wipro Technologies
Radhika Mahadevan, +91-9945042606 (India)
radhika.mahadevan@wipro.com
Abhishek Mendiratta, + 1 732 789 8646 (US)
abhishek.mendiratta@wipro.com
Rahul Kadavakolu, +44 792 020 5496 (UK)
rahul.kadavakolu@wipro.com
or
Gutenberg Communications
Sonali Madbhavi, +91 9844042850 (India)
sonali@gutenbergpr.com
Shalini Siromani, +44.79.6066.3200 (UK)
shalini@gutenbergpr.com
Lavanya DJ, +212-239-8740 (US)
lavanya@gutenbergpr.com
Source: Wipro Technologies
HCL MiLeap X/Y Series Lauched As Low Cost Laptops in India
Filed under: Asia-Pacific, Computing, Electronics, IT Services, Internet, Software
New Delhi, January 15, 2008: Keeping its promise & heritage of always being the first to introduce the latest in technology for Indian markets at most affordable price, HCL Infosystems Ltd., India’s premier information enabler and country’s leading ICT system integrator and Distribution Company today launched ‘MiLeap’ India’s first full functional, ultra portable range of laptops that offer true mobile internet computing experience at a price point starting from Rs.13,990/-
The new range of Leaptops are sleek and light weight, yet offers a full PC functionality with true internet experience, heralding in a new category which holds the promise of being the future of personal mobile computing.
‘MiLeap’ is targeted at consumer who needs to stay connected, informed, entertained and productive-anytime and anywhere. It’s lightweight and small in size makes it so convinent, that one does not think twice about carrying it to the office, home, gym or park, or using it in a train, bus, plane or metro.
Speaking on the occasion, Mr. Ajai Chowdhry, Chairman & CEO, HCL Infosystems Ltd. said, “HCL is proud of its strong heritage of leading the technology revolution in India. With a legacy of having pioneered India’s first micro-computer, the country’s first desktop PC and the first home PC, at HCL it’s always been our endeavor to create technologies that touches lives. This revolutionary new range of Ultra Portable ‘MiLeap’ Leaptops will herald in a new category of computing devices, opening up a wide range of new usage scenarios and application areas.
“As an Indian company, we at HCL have a vision of empowering the nation through the adoption of IT at all levels. This new category, backed by HCL’s reach through its nation wide distribution, service and support network will revolutionise the PC penetration in India and brings us a step closer to this vision,” Mr. Chowdhry added..
Speaking at the launch of HCL’s new product, Mr. Ramamurthy Sivakumar, Managing Director – Sales and Marketing, South Asia, Intel said, “In a world where the access to information technology is really the passport to the 21st century, Intel and HCL are determined to broaden the number of people who can get access to the internet. Many different areas of our society benefit from broadband internet access as it gives opportunities for our children to learn, opportunities for the rural population to have 21st century learning and business tools, and opportunities for small business to compete on a national and world wide scale. Affordable access to information via broadband internet is the key to keeping India growing fast and competitive in the new global economy. In order for us to broaden the number of people who can have access to those things, we need to make the internet more affordable and accessible to a much larger number of people. The product that HCL is introducing today is an excellent step forward in that direction. The Indian market for information technology has tremendous potential, and has the opportunity to lead the world in delivering affordable solutions for the masses. Intel is pleased to partner with HCL to make this a reality in India.”
In today’s networked world, where internet connectivity is increasingly available on the move, more and more applications are exploiting the internet to increase productivity, offer value added services, deliver entertainment and enable people to stay connected.
Such is its adoption that Internet has evolved from being just text oriented, to today it becoming more visual with multi media content and a interactive platform. The number of users and members of online communities such as You Tube, Face Book, Orkut, and Google etc are increasing every day. Concepts of on Line Social and professional networking and working or playing on the move are a reality today.
The ‘MiLeap’ range of Leaptops with its ability to deliver true mobile internet experience will trigger the development of a number of new application scenarios for such useful and exciting online mobile application for day to day life.
Its Ultra portable form factor makes it convenient to carrying it with oneself, opening up limitless possibilities in new usage scenarios e.g in Corporates and Small businesses the ‘MiLeap’ range of Leaptops will enable true automation of their mobile field sales and service teams bringing to them the power of real time information on the move. The HCL MiLeap Series of Ultra Portables are uniquely suitable for Women and School Children due to its sleek and ultra light design.
Among the products showcased today the HCL ‘MiLeap’ X Series Ultra Portable range of Leaptops breaks the Rs. 14,000/- price barrier. With prices starting at Rs 13,990/- the HCL ‘MiLeap’ X series, which is specially designed for the Indian environment delivers exceptional value at a very affordable price.
Available with both flash-based and disk based storage versions, its sturdy design incorporates features that make it dustproof, shock-proof and durable. Both the models have network ports, are Wi-Fi ready, have the option for “Data card” and are available with GUI enabled user friendly Linux OS.
Also launched today is the HCL ‘MiLeap’ Y Series Ultra Portable Leaptops breaking the sub Rs 30,000/- price barrier. Ranging from Rs 29,990/- onwards this range of Ultra Portables are at half the price point of current similar products available in the market.
The HCL ‘MiLeap’ Y Series, powered by the latest Intel Ultra Mobile Platform & Microsoft’s Vista Home Premium, operating system weighs just 960 gm. This ultra Portable Leaptop comes with a Swivel 7’’ touch screen, 80GB HDD, wireless connectivity, Data Card option, blue tooth & Ethernet network port offering full PC functionality with true internet experience on the move.
The MiLeap Top Y Series incorporates a unique Navigational Pad that offers multiple navigational features such as touch screen, thumboard, stylus, keyboard, mouse and One touch buttons, making it one of the most intuitive products. It also features a Swivel 7” display cum note pad, making it a pleasure to input using a stylus and hand writing. The Microsoft Windows Vista Home premium powered MiLeap Y series is priced at Rs 33,990/-
Designed using the latest Intel Ultra Mobile platform- Intel processor A110 & Intel 945GU express chipset- this energy efficient lower power silicon design consumes less power, reduces thermal impact and gives an extended battery life. HCL being a socially responsible organization and conscious of the environment, both products are fully RoHS compliant with low energy footprint design.
Marking the occasion as HCL’s tribute to the nation, the company announced that the new range of HCL Leaptops will start shipping on 26th January coinciding with the Indian Republic day celebrations.
HCL also shared that they are going to come out with even more exciting products in this new category.
About HCL Infosystems
HCL Infosystems Ltd, with revenue (TTM) of US $ 2.9 Bn (Rs. 12162 Crores) is India’s premier information enabling and ICT System Integration company offering a wide spectrum of ICT products that includes Computing, Storage, Networking, Security, Telecom, Imaging and Retail. HCL is a one-stop-shop for all the ICT requirements of an organization.
India’s leading System Integration and Infrastructure Management Services Organization, HCL has specialized expertise across verticals including Telecom, BFSI, E-Governance & Power.
HCL has India’s largest distribution and retail network, taking to market a range of Digital Lifestyle products in partnership with leading global ICT brands, including Nokia, Apple, Casio, Kodak, Toshiba, Bull, Ericsson, Cisco, Microsoft, Konica Minolta and many more.
HCL today has India’s largest vertically integrated computer manufacturing facility with over three decades of electronic manufacturing experience HCL desktops is the largest selling brand into the enterprise space.
With India’s largest ICT services network that reaches to every corner of India, HCL’s award winning Support Services makes it the preferred choice of enterprise and consumers alike. For more information please visit us at www.hclinfosystems.in
About HCL Enterprise
HCL Enterprise is a $4.4 billion (Rs. 18,525 crore) leading Global Technology and IT enterprise that comprises two companies listed in India – HCL Technologies & HCL Infosystems. The 3-decade-old enterprise, founded in 1976, is one of India’s original IT garage start-ups. Its range of offerings span Product Engineering, Custom & Package Applications, BPO, IT Infrastructure Services, IT Hardware, Systems Integration, and distribution of ICT products. The HCL team comprises approximately 51,000 professionals of diverse nationalities, who operate from 18 countries including 360 points of presence in India. HCL has global partnerships with several leading Fortune 1000 firms, including leading IT and Technology firms. For more information, please visit www.hcl.in
For further information, contact:
Sanjay Chaudhary/Romita Kumar/ Saumya Upadhyaya
Vaishnavi Corporate Communications
romitak@vccpl.com/ supadhyaya@vccpl.com
9810203810/9958100403/ 9810488225
011-42393500
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