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Showing posts from June 4, 2013

Zylog Systems reveals Q4 FY13 results at Rs. 561.2 crore

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Chennai based technology solutions and software service provider, Zylog Systems has announced its quarter fourth and twelve months results ended 31st March 2013. Sudarshan Venkatraman, Chairman  & CEO, Zylog Systems said, “The Direct costs vis-à-vis the Revenue have jumped 2.9% year-on-year which was due to re-deployment onsite of costs due to several project and manpower related issues which are in the process of getting resolved during the FY 2014. The PAT has taken a sizeable hit primarily due to substantial increases in interest and depreciation charges.” He added, “There has also been an increase in global clientele, who have appreciated the Company’s solutions in a highly competitive environment. The Company has raised USD 20 Million during the first quarter of the FY2014 by diluting its equity capital by way of a GDR offering. " The highlights of the quarterly results show that the consolidated revenues stood a

PNY to exhibit its hi-tech products at Computex 2013

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE PNY  has announced to showcase its hi-tech products at  trade show Computex in Taipei . PNY will recreate Bali beach at its booth this year with a resort-like getup. The products of PNY to be displayed at the exhibition include power banks 80A/P104 available in calm color and Power-C51 available in different hues. PNY will also showcase its various  USB 3.0 flash drives such as Bar-II, Hook Gold Edition, and Lightning . These elegantly designed flash drives with stylish looks offer high performance due to the fast USB 3.0 interface that is much faster than the older USB 2.0, while also remaining backward compatible to be used on older systems with ease. PNY also has other products such as memory cards, headsets, and HP product lines....... See More

Manthan-RIS research reveals retail as an Omni-channel industry

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   A new research has been conducted by Manthan Systems and Retail Info Systems News (RIS) to highlight the need for Evolution of Effective Loyalty Management. The research reveals that there is a disconnect between customer and retailer perceptions of loyalty programs.7 out of 10 retailers do not effectively use the information gathered through their loyalty programs. They either do not trust their loyalty data or do not make the information easily available to the marketing and merchandising departments to improve the accuracy of sales, inventory and budget forecasts. Anand Sri Ganesh, Senior Vice-President and Business Head, Customer Analytics for Manthan Systems said, “Managing customer loyalty is an interesting challenge for the retail marketer today. We believe that analyzing the available data with retail aware segmentation techniques will throw up unlimited possibilities for the retail marketers enabling them to drive reve