VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Mahindra Satyam has announced its audited consolidated financial results under Indian GAAP for the fourth quarter and year ended March 31, 2012. The highlights include Consolidated Revenues at Rs.1,666 crore, up 21% YoY, EBITDA at Rs.292 crore, Margins at 17.5%, up 132 bps QoQ. PAT at Rs.534 crore, as compared to Rs.308 crore in the previous quarter and EPS was Rs.4.5 per share in Q4. Vineet Nayyar, Chairman, Mahindra Satyam, said, "We continue to make steady progress in our transformation journey. Our results for the past three years and the current quarter are a vindication of our growth strategy and the fighting spirit of team Mahindra Satyam. Despite the uncertainties in the global market, our team has proved its mettle through sustained volume growth, improved margins, key client additions and creation of innovative platform and offerings." C. P. Gurnani, CEO, Mahindra Satyam, said, "While the business world...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Qualcomm has announced the third edition of its venture investment competition in India to identify the industry's most promising early stage technology companies. The Qualcomm Ventures QPrize competition was first launched in 2009 to promote innovation in the technology industry and is managed by Qualcomm's venture investment arm, Qualcomm Ventures.   Dr. Avneesh Agrawal, Qualcomm's Senior Vice-President & President of Qualcomm India and South Asia, said, "The QPrize competition reflects Qualcomm's deep-rooted philosophy to foster innovation and advance the use of mobile and other technologies for the benefit of people and businesses in India and around the world. Through QPrize, we are looking to identify breakthrough ideas at early stages and help them grow by providing entrepreneurs with mentorship, investment support and exposure to the global technology ecosystem. We look forward to another round of e...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   At its Annual Cisco Collaboration Summit 2012, Cisco has introduced new people-centric innovations, ranging from new desktop and mobile applications that include Cisco Jabber and Cisco TelePresence systems, making it easy for users to move from one collaboration solution to the next with ease.  In addition to the above announcements, Cisco Collaboration Summit 2012 also showcased enterprise-class solutions that can enable employees to interact across a broad range of tools.Bryan Tantzen, Senior Director, Collaboration, Cisco, said, "The post PC era is requires a workspace that is more mobile, social, visual and virtual. Customers need secure enterprise-class options that enable employees to interact across a broad range of tools. We, at Cisco, understand this and are delivering on the need of people-centric collaboration experiences that offer anytime and anywhere communications." Dinesh Malkani, Managing Director, Co...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   HCL Infosystems has been chosen as a strategic technology partner by Narayana Hrudayalaya (NH) Hospitals. The tie-up is the result of a rigorous evaluation and a painstaking proof of concept exercise which took almost a year to come to fruition. HCL blu Enterprise Cloud’s Infrastructure as a Service (IaaS) solution is being deployed across 22 NH hospitals and has been already rolled out in Bangalore, Ahmedabad, Jamshedpur and Jaipur. The other centres are in the process of being hooked up to the central system. The partnership has been signed for a period of 5 years. This implementation by HCL Infosystems is also the first of its kind in India where the Hospital Information Systems (HIS) application for a hospital is completely deployed on the cloud. The solution would reduce capital and operational expenditures for Narayana Hrudayalaya and will enable the hospital to provide faster access to healthcare for its patients such as fac...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   In a move to provide superior education to students with collaborative learning tools, reputed schools like Delhi Public School, American School of Bombay and KR Mangalam have adopted Microsoft Live@edu, a cloud-based service. It enables institutions in brand building, social and professional collaboration, knowledge repository that leads to career opportunities. Microsoft Live@edu is a no-charge suite of communication and collaboration tools for students, faculty, staff and alumni that enable access to Microsoft Office Outlook Live for e-mail, Microsoft Office Live Workspace to share documents and collaborate, Windows Live Messenger for instant messaging, and Windows Live SkyDrive for 25 GB of online data storage space. "It is encouraging to see schools adopting and promoting a technology-enhanced environment. Microsoft Live@edu simplifies online collaboration, increases productivity with its ability to participate in onl...