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Showing posts from April 9, 2012

Sony to lay off 10,000 Workforce

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE According to sources, Sony is said to trim its global workforce by 10,000 workers, or about 6 percent of its entire workforce by as early as this year. The move is expected to improve operational efficiency, while accelerating the company's shift toward mobile devices. The cuts are in response to mounting losses in Sony's TV business. The new cuts are expected to affect all of Sony's groups, ranging from development, to production, to management - both foreign and domestic. For More Details See www.varindia.com

Edimax IC-3030iWn unveiled

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE EDIMAX has launched the Edimax IC-3030iWn, Wireless 802.11n Triple-Mode Network Camera with Night Vision in India. With triple-mode video compression support, the Edimax IC-3030iWn can ensure high video quality and high frame rate video streaming. Users can select H.264, MPEG-4 or M-JPEG video compression mode depending on preference and network settings. The IC-3030iWn is designed with a multi-area motion detection system. When motion is detected in the specified areas, the network camera will immediately take a snapshot of the detected motion and send the snapshot to the user via email or FTP. The multi-area motion detection function also works with the network camera's pre- and post-recording feature. When motion is detected, the IC-3030i series is able to produce video footage of the monitored area up to 5 seconds before the detected motion. The IC-3030iWn features an SDHC/SD card slot for local data storage. The Edimax IC-3030iWn is...

GIGABYTE launches 7 Series Motherboards

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE GIGABYTE has launched their long awaited 7 series motherboards designed to deliver the ultimate performance for 3rd generation Intel Core processors. Combining the world's first Dual UEFI BIOS, All Digital power design, and the latest GIGABYTE Ultra Durable 4 technologies, GIGABYTE 7 series motherboards offer an extremely compelling case for a system upgrade. "The new GIGABYTE 7 series motherboards are designed to offer a seamless upgrade for enthusiast PC DIYers by providing specifications and features that will be compatible with future CPUs, VGA cards, memory, SSDs, and wireless protocols for years to come. It makes sense then for us to aggressively transition to GIGABYTE Z77 and H77 motherboards so that enthusiasts can purchase them in anticipation for the release of Intel's highly sought after 3rd Gen Core processors," said Henry Kao, VP, GIGABYTE Motherboard Business Unit. "Intel is excited to partner with GIGABY...

SAP named Worldwide Market Share Leader

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE SAP has been named the overall market share leader in the worldwide business intelligence (BI) market, which spans BI platforms, corporate performance management (CPM) suites, analytic applications and performance management. According to the April 2012 report issued by Gartner Inc., "Market Share: All Software Markets, Worldwide, 2011," SAP ranks No. 1 with 23.6 percent share of the worldwide market based on revenue for 2011, reflecting a 19.5 percent growth from 2010. John Schweitzer, senior VP and general manager, Analytics, SAP said, "We believe our performance, which is ahead of the market growth rate, demonstrates how customers look to SAP as a trusted business partner empowering them to better know their business, make confident, data- driven decisions and then take action. It is great to see recognition of our leadership in the BI, CPM, analytic applications and performance management markets from Gartner. Our portfoli...

Envent appoints Exclusive Systems as Distributor

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Envent has announced the appointment of Exclusive Systems as its distributor for northern India. The appointment of Exclusive Systems will help the company to further expand its reach in this part of the country. "We are extremely happy to announce the appointment of Exclusive Systems as our distributor for North. With offices across strategic cities in northern India, this tie up would certainly help us to further expand our reach across the region. On the other hand, I am sure Exclusive Systems and its partners will see lot of value in our offerings," commented Sukhesh Madaan, CEO-Envent World Wide Pvt Ltd. "This new partnership is going to help us in offering technologically advanced products to our partners. I am sure the addition of Envent products is going to add great value to our product portfolio, "said Girish Bhatia, Director, Exclusive Systems". For More Details See www.varindia.com

EVOLVE joins hands with FMC

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Evolvehas now joined hands with Future Media Concepts (FMC)for a mandate to provide world-class training in Asia through FMC's curriculum of vendor-authorized, digital media training courses. Evolve's mission is to provide a superior quality learning experience that is outcome-based and measurable. The state-of-the-art, custom-designed Evolve training facility hosts digital training programs targeted at the region's rapidly growing creative community in TV, film, video, and Mac IT. Sanjay Jotwani, Head of technology enabled services, neoteric infomatique ltd. said, "At Evolve, we strive to provide our trainees with the trademark FMC experience that entails a rewarding hands-on training session through professional knowledge-centric training modules coupled with some excellent trainers. As a matter of fact, we have got on board some of the best people from the industry to conduct these courses. With neoteric's expertise i...

MSI MOA 2012 Kicks off in Americas!

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Celebrating its 5th anniversary, MSI's Master Overclocking Arena (MOA) joins Military Class III components with record-breaking overclocking performance. Themed "Steel World", MSI has forged the first evolution starting with the American Regional Qualifiers on the world-class overclocking community website HWBOT.org on April 13, 2012. The American Regional Qualifiers this year consist of three stages: 3DMark11, 3DMark03 and SuperPI 32M, Each with a different point scheme. There will be no model limitation on MSI mainboards and graphics cards, however entries are limited to single CPU and GPU setups. A cut-off elimination will be applied on May 4th (75% of the contest period) after which the qualifiers will continue with only the best 15 overall participants. At the end of competition on May 10th, the top three winners are qualified as MOA representative of the Americas. They are free to choose another friend to team up with and...

WatchGuard recognized as a UTM Market Leader

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE WatchGuard has been positioned in the "Leaders" quadrant of Gartner's 2012 Magic Quadrant for Unified Threat Management. "WatchGuard is pleased to be recognized by Gartner for our industry-leading unified threat management solutions. For thousands of business around the world, WatchGuard UTMs are the trusted security appliances employed to stop hackers, malware, spyware, viruses and all sorts of Web threats from reaching mission critical applications, networks and data," said Eric Aarrestad, Vice President, Marketing, WatchGuard Technologies. "According to the report, "The Leaders quadrant contains vendors at the forefront of making and selling UTM products that are built for midsize business requirements. The requirements necessary for leadership include a wide range of models to cover midsize business use cases, support for multiple features, and a management and reporting capability that's designed fo...

Nvidia Tegra to mark a debut in Q3 2013

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Nvidia has offered mobile super processors, NVIDIA Tegra 2 dual-core and Tegra 3 quad-core processors. Both of them claim to deliver the best performance in the devices with an amazing multi-tasking and faster browsing. Tegra 3 is supposed to include a Super 4-Plus-1 Quad-core with fifth battery saver core where 4-Plus-1 refers to the quad core CPU cores of the processor. It is said to offer a console-quality gaming which incorporates ultra-low power (ULP) Nvidia GeForce GPU. Nvidia will bring its next flagship processor, Tegra 4 in 2013. Probably, it could deliver the extraordinary performance when compared to its predecessor. According to market sources, it is reported that Nvidia's four processors will be launched on the market in 2013. For More Details See www.varindia.com

Job loss predicted in Telcos

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE The Supreme Court in February has cancelled as many as 122 licences for 2G spectrum in a move that has resulted in uncertainty in the fast-growing telecom sector. As per the HR experts, the potential job losses in the Indian telecom industry are "enormous" in the wake of 2G licence cancellations. Madhubala Vaidyanathan, General Manager (Services), TeamLease Services said, "Most of the companies whose 2G licences were cancelled are reducing their workforce. This is happening at all levels. Only people at key strategic positions are being retained. Potential job loss is quite enormous as the telecom industry was supposed to have provided thousands of jobs which would have done well for the economy." Sunil Goel, Director, GlobalHunt said, "There could be potential job losses by looking at local market scenario for the telecom space. However, hospitality, FMCG, financial services and banking would be resource grabbing in...

FIEO to sign up with eBay & Paypal

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE The Federation of Indian Export Organisations (FIEO) will enter into an agreement with eBay and Paypal in a bid to encourage exporters to utilise the online platform to push sales. The Apex Body of Exporters shared, "FIEO is entering into a memorandum of understanding with eBay and Paypal on April 12. FIEO envisages the MoU to open up international market, especially for the small and medium enterprises in a big way. Noting that exports through the online channel had grown 400 per cent to $1.4 billion. Exporters need to increase their sales by adopting channels like e-commerce, which is the order of the day, to reach out to more and more customers globally and supply them goods directly while reducing the product cost at the end users' end." FIEO also expects retail exports to be encouraged in order to compete with countries like China. For More Details See www.varindia.com

Apple scoring high

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE According to industry buzz, Apple is set to become the world's first trillion-dollar company when its shares top $1,000 each. The Company recorded its shares were worth $633.38 last week as its stock price rose above Google's for the first time. Brian White, Topeka Capital Markets said, "Apple's sky-high share price will hit four figures within 12 months - making the company worth $1trillion. Apple fever is spreading like a wildfire around the world." Gene Munster, Piper Jaffray claimed, "Apple stock will hit $1,000 - but by 2014." The company, based in Cupertino, California, is already supposed to be the most valuable company in the world currently valued at $590.82billion (£372billion). In January Apple shared that it had more than doubled its profits to $13.06billion, compared with $6billion for the same quarter in 2010. That was driven by record sales of 37.04m iPhones in the final quarter of 2011, 128 per...

Tim Cook becomes highest-paid CEO

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Tim Cook of Apple Inc. is reported as the highest-paid Chief Executive Officer in the US last year as compensation gained 2 per cent overall from 2010. Cook is said to receive about $378 million, which includes salary, perks and bonuses ($1.8 million) and a one-time stock award ($376.2 million), that extends over 10 years. According to market report, Larry Ellison of Oracle Corp was second with $77.6 million, followed by J C Penney Co. (JCP)'s Ronald Johnson, at $53.3 million. Viacom Inc's Philippe Dauman, who was No. 1 in the survey last year, was fourth this year with $43.1 million, followed by Honeywell International Inc's David Cote, who received $35.3 million. Stephen Chazen of Occidental Petroleum Corp was paid $31.7 million and was sixth. Seventh through 10th, respectively, were Robert Iger, Walt Disney Co, $31.4 million; Clarence Cazalot Jr, Marathon Oil Corp, $29.9 million; Alan Mulally, Ford Motor Co, $29.5 million; and ...

E-Commerce Online Shopping Website Launched

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE New E-Commerce e Online Shopping Website SKBmart.com launches a Platform for a one-stop-shop for all lifestyle products and offers the latest and quality product to its customers dealing in Apparels, Bags, Fashion Jewelry, Mobiles, Cameras, Sunglasses, Watches, Electronic Appliances, Electronic Accessories, Home Appliances, Home Décor Accessories, Kitchen Appliances, Furniture and many more. Ankita Agrawal, CEO & Co-Founder, SKB Mart.com said, "We are glad to introduce a complete Online Shopping Portal to saves the shopping lovers from the drudgery of hoping from one shop to another to buy the items they require. We aim at bringing in convenience to our customers' life by delivering every possible products or services at their doorsteps. We are able to compete with better prices, or able to compete with the best quality. We can market our products better and we can have a better technical solution to satisfy our customers." ...