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Wipro Infotech launches its Data Centres
June 1, 2009
Source: PTI
BANGALORE: Wipro Infotech, the India and Middle East IT Business of Wipro Ltd and a leading provider of IT and business transformation services,
today announced the launch of its Enterprise Data Centres.
This new initiative which complements the existing IT service offerings provides end-to-end Data Centre Lifecycle Management Services to enterprise customers, a release said.
The first Data Centre at Mysore was completely sold out while the commissioning of the Data Centre in Greater Noida was currently underway and likely to be launched soon, it said adding the third Data Centre at Pune was being commissioned to accommodate more customers.
Wipro Enterprise Data Centres (WEDC) would also be the platform for launching Wipro's Cloud Computing services for the India and Middle East markets, for customers to avail services on a pay-per-use model.
Both Data Centre Lifecycle Management services and Cloud Computing services will offer a high level of flexibility to customers with respect to service delivery and costs.
These Tier III WEDCs provide a platform to offer complete Data Centre Lifecycle Management service to customers.
Organisations can leverage Wipro's technology expertise and experience in managing multiple IT environments, cutting across various verticles.
Data Centre Lifecyle Management service comprises solution design, implementation, co-location and management of the complete IT infrastructure, the release said.
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IT cos to gain from Citi's cost-control steps
June 1, 2009
Source: ET Bureau
MUMBAI: Citigroup is believed to be looking at ways to trim IT costs. This could spell good news for Indian IT vendors such as TCS and Wipro who
count Citi as their top client.
The bank, which has been repeatedly bailed out by the US government, has undergone a major restructuring exercise of its business portfolio in the recent past. It is looking to integrate thousands of systems and cut down on application, maintenance and development (AMD) costs, said a source close to Citi.
This integration process will bring new business for Indian IT vendors such as TCS, Wipro and Infosys as the bank is keen to outsource the process to save costs. A Citigroup spokesperson said, “We have no detail or confirmation of these developments at the moment.”
While this could translate into new business contracts for Indian IT vendors, the existing AMD and IT services contracts could see a 15-20% drop in budgets over the next 6-8 months. After the acquisition of Citi’s back-office CGSL in the second-half of 2008, TCS considers the bank as its top client accounting for 4.7% of its revenues in fiscal 2008-2009. This has dropped by 1.5% since the first quarter.
However, a TCS spokesperson declined to comment on any specific client, while a Wipro spokesperson said, “We do not comment on speculative reports and we continue to partner with Citi in increasing diverse initiatives to improve the efficiency of their IT systems and operations.”
Infosys, which has a contract of around $30 million with Citi, believes that this could create an outsourcing opportunity for them. “The bank’s decision to cut down on their IT spends will not impact us. This exercise could actually create more outsourcing opportunities for us,” said Infosys CFO V Balakrishnan.
Citi, which has about seven data centres and accounts for almost 60% of its IT budgets, has also started the integration process of these centres, aiming to bring them down to four, said another source.
While Singapore is the only data centre for APAC region, the two India-based data centres were integrated with it, and Citi wants to have only one data centre in Europe and two in the US.
The bank had also undergone a vendor consolidation in the beginning of the year. As part of this process, Satyam’s contract had been split between TCS and Wipro. The top three Indian vendors who handle majority of Citi’s work are TCS, Wipro and Polaris. In fact, Polaris handles the core banking operations of Citi and gets over 40% of its revenues from the bank.
Integrating the bank’s systems and centralising the data centres would help Citi save at least 30% of its IT operating expenses. “The bank has been selling off its non-core assets which has also helped in saving IT costs. The integration process will help them cut down their maintenance, operating and hardware costs by 30-50%,” said TowerGroup research director Bob
McDowall.
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Infosys seeing good demand in India, Middle East
June 1, 2009
Source: REUTERS
BANGALORE: Infosys Technologies, Country's second-largest software services exporter, is seeing good outsourcing business opportunities in India
and the Middle East, a senior official said on Wednesday, as a global economic downturn crimps spending in developed markets.
Nasdaq-listed Infosys has won three deals in these markets over the last five months, Infosys senior vice president Subhash Dhar told reporters. Last month, Infosys forecast its first decline in annual revenue as global demand for outsourcing slowed in a harsh economic climate, halting growth for India's once burgeoning technology services sector.
Country's $60 billion IT outsourcing sector, which provides services from software coding to managing computer networks and call centres, faces weak demand and rising competition from global rivals such as IBM and Accenture.
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