VARINDIA IT MAGAZINE

New technologies that are poised to redefine our economy. Such as, Blockchain is a technology for a new generation of transactional applications that establishes trust, accountability and transparency while streamlining business processes. A blockchain has two main concepts. A business network, where members exchange items of value through a ledger, which each member possesses and whose content is always in sync with the others. It is the most disruptive technology of this decade.Blockchain technology market size will be worth 2.3 billion by 2021. A blockchain is a shared, encrypted ledger that is maintained by a network of computers. It's like a giant spreadsheet shared by many, that shared by multiple people, better known as blockchain, has the potential to eliminate huge amounts of record-keeping, save money.Blockchain is getting implemented across industries and professions. Several technology companies have already moved into this area, including Microsoft with the...

Capgemini has announced acquisition of Lyons Consulting Group (LYONSCG), an award-winning digital and global commerce service provider with deep expertise in Salesforce Commerce Cloud. Headquartered in Chicago, Illinois, LYONSCG accelerates the Group's growth strategy focussed on digital, notably in North America. Along with Capgemini's recent acquisition of Itelios, a prominent European Salesforce Commerce Cloud solutions provider, this addition enables Capgemini to meet the digital customer experience needs of its clients around the world, and positions the Group as a global leader for Salesforce Commerce Cloud solutions. "LYONSCG creates world-class digital commerce experiences. With their focus on design and innovation, and their passion for nurturing talent and a customer-centric approach, they are a perfect fit with Capgemini," comments John Mullen, Head of Application Services in North America and member of the Group Executive Committee, Capgemini. ...

Capgemini and Ciber has announced that they have entered into an agreement pursuant to which Capgemini will acquire the North American operations of Ciber, for a total price of $50 million. The assets to be acquired include the majority of the North American business of Ciber, covering client-focused assets, employees and operations, with revenue of $275 million. The transaction excludes certain liabilities of Ciber as well as its international operations. The acquisition of the North American business of Ciber, a provider of technology services and IT specialists, will strengthen Capgemini’s presence in the region with key Fortune 1,000 clients in sectors such as automotive, telecom and media. The deal will increase Capgemini’s workforce by an estimated 2,000 consultants in the US and 1,000 in India... Read More

Capgemini has announced that it has secured a multimillion euro contract extension from Nokia. The additional three-year agreement will see Capgemini continuing to optimize Nokia’s order management operations worldwide. The contract extension is a testament to Capgemini’s expertise in telecommunications and supply chain Business Process Outsourcing. Capgemini has had a longstanding relationship with Nokia since 2010. The contract, which was due to expire in 2017, has now been extended to 2020, further strengthening the alliance, where Capgemini will continue to provide customer order management services, including preparation for delivery, distribution and customer invoicing to Nokia throughout its global network. Christopher Stancombe, CEO Business Process Outsourcing, Capgemini and Member of the Group Executive Committee, said, “We are delighted with the contract renewal with Nokia, one of our key Business Process Outsourcing customers globally. We have a strong relationship w...

Capgemini and IGATE have entered into a definitive merger agreement under which Capgemini will acquire IGATE for a cash consideration of $48 per share. The transaction will amount to $4.0 billion and is expected to be immediately accretive to Capgemini’s normalized Earnings per Share (EPS). The merger agreement has been approved unanimously by both Capgemini’s and IGATE’s Board of Directors. The transaction has also been approved by the written consent of shareholders holding a majority of IGATE’s shares. This transaction fulfils one of the essential components of Capgemini’s strategy in expanding its presence in the North American market. With its established position in the financial services sector (42% of revenues), IGATE brings an attractive portfolio of major clients complementary to those of Capgemini. This transaction also reinforces Capgemini’s position in the retail, manufacturing and healthcare sectors, and prompts a faster transition to platform-based solutions. The tran...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   With an aim to improve Haier's overseas service and achieve multi-channel interaction with customers, Haier Group Overseas Customer Service has recently adopted Oracle Service Cloud(NYSE:ORCL) to build a new overseas service managing platform. As the first home appliance company to start using RightNow in APAC, the first phase of this project went live at the end of 2013 in India. Capgemini China facilitates Haier to improve the customer experience and reputation with a multi-channel consolidation including social network monitor and customer care communication as well as crisis management for emergencies with Capegmini India devoting. Song Xuewu, Overseas Market Service Director, Haier Group , said, “As the leader in global white home appliance, Haier hopes to establish a real-time interaction platform for its users and resources required, which enables users and resources providers to keep interaction wit...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini  has announced that  Capgemini Norge AS  has signed a major agreement with  Statoil ASA . The relationship will see  Capgemini managing and transforming Statoil’s IT general business applications portfolio  to support its plans for international growth and promote a performance-based culture. The new agreement, with a potential duration of 10 years, strengthens and supplements the existing partnership between Statoil and Capgemini. The contract intends to enable Statoil to introduce more innovative solutions for business support to upstream oil and gas processes leveraging Capgemini´s global sector capabilities.  Capgemini will provide application development and maintenance services for solutions based on SAP software, as well as for collaboration and information management applications and maintenance of IT platforms. Capgemini will support Statoil with processes and tools to streamlin...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini  has announced its performance report 2012 in Paris by the Board of Directors of Cap Gemini Paul Hermelin.  Despite a slow market, 2012 saw the Group cross the €10 billion revenues milestone (€10,264 million) which is up by 5.9 % according to the report.  Bookings during the year totaled €10,084 million with book-to-bill ratio of 1.07 and was 1.16 for the fourth quarter for Technology Services, Local Professional Services (Sogeti) and Consulting Services together, confirming the dynamism of these activities. The operating margin rate is €787 million which is 7.7% of 2012 consolidated revenues, representing an increase of 0.3 points. Profit for the year attributable to shareholders is €370 million after an income tax expense which increased by 40.0% (€140 million).Net cash and cash equivalents total €872 million up €418 million year-on-year. Cumulated organic free cash flow for the period 2012-2013 is a...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini  is expanding its global alliance with  salesforce.com , through a joint fast growth initiative. As part of this agreement, both companies will work together to help organizations unlock the benefits of cloud and strategically transform into social enterprises, using an integrated approach.      George Hu, Chief Operating Officer,  salesforce.com , stated, "We...... more

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini has recently signed a contract for the provision of IT services from India. The contract includes global application development and services, as well as infrastructure services including service management and will run over a period of five years. Under the terms of the contract, Capgemini will take over the operations of Bayer Business Services' captive IT service centre in Mumbai, India, with approx 550 employees. The contract was signed between the legal entities Capgemini Deutschland GmbH and Bayer Business Services GmbH. Aruna Jayanthi, CEO, Capgemini India, said, "We are excited about our strategic partnership with Bayer and welcome the 550 transferring team members to the Capgemini family. The Bayer team come with vast business and IT sector knowledge and will support our growth ambitions and transformational programs in India and globally. Our business expertise, global delivery capabilities and our abil...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE To capitalize on the European demand for cloud, BMC Software and Capgemini have significantly expanded their relationship to help European customers accelerate cloud adoption while also satisfying EU regulations concerning security, privacy and energy consumption. Steve Wanklin, Sr. VP & Head of Global Operations of Infrastructure Services, Capgemini said, “BMC Remedy OnDemand speeds up our ability to roll out new IT services and resolve incidents while reducing the overall cost of service management deployments. As a market leader in the Software-as-a-Service, we are proud that BMC has trusted us to be their infrastructure provider of choice for the European market.  We feel that the combination of BMC technology and Capgemini services will enhance our leading position in service management and integration here in Europe.” Paul Avenant, President, Enterprise Service Management, BMC said, “As one of our first Remedy customers...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini has been awarded a five-year contract with Cargotec. The contract is for Capgemini to work as a Finance and Accounting Outsourcing (FAO) service provider. The implementation of Finance and Accounting shared services is part of Cargotec's "ONE Programme" - a strategic transformation programme to improve transparency, lower costs and increase efficiencies through one common solution. The contract is the first part of a multi-phase programme, with the potential to extend by a further two years. EevaSipila, Chief Financial Officer, Cargotec, said, "We chose Capgemini because of their good reputation but also their strategic and deliverable plan to achieve cost savings. Capgemini is an ideal partner to support us throughout the different phases of the transformation programme due to their wide set of capabilities. Throughout the negotiations, they demonstrated their collaborative and advisory approach and we...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini has announced the findings of a global survey into the use of Big Data in corporate decision-making. The Economist Intelligence Unit report "The Deciding Factor: Big Data & Decision making", commissioned by Capgemini, reveals that nine out of ten business leaders believe that data is now the fourth factor of production, as fundamental to business as land, labour and capital. The study among over 600 C-level executives and senior management and IT leaders worldwide indicates that the use of Big Data has improved businesses' performance, on average, by 26 per cent and that the impact will grow to 41 per cent over the next three years. The majority of companies (58 per cent) claim that they will make a bigger investment in Big Data over the next three years.  Two-thirds of executives consider their organizations are “data-driven”, reporting that data collection and analysis underpins their firm's busine...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Capgemini has been positioned in the leaders’ quadrant by Gartner, Inc in the latest "Magic Quadrant for Finance and Accounting BPO". Capgemini has been positioned based on "ability to execute" and "completeness of vision."   Christopher Stancombe, Global Head, FAO, Capgemini, said, "We believe it is testament to our customer focus and our dedication to use the best people and the highest quality process and technology assets. We deliver valuable business outcomes to the benefit of our clients efficiently and effectively within a strongly controlled environment." For More Details See www.varindia.com

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   SAP and Capgemini have announced an agreement to co-develop a mobile sales execution solution and a joint go-to-market plan for the next five years. This follows the global managed mobility agreement Capgemini signed with SAP and Sybase in September 2011. This announcement focusses initially on the consumer products sector to design a mobile application solution for companies selling products via mobile direct store delivery with additional requirements for accelerated customer relationship management (CRM). The solution is planned to be based on Sybase Unwired Platform and aims to help customers reduce costs, but at the same time improve customer experience, as mobile channels become increasingly important.  “We are delighted to sign this significant co-development agreement with SAP and to have been defined as the preferred system integrator for mobile sales execution in the consumer products industry. This agreement builds ...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   SAS has joined platinum partner Capgemini to help government agencies reduce revenue losses from tax and welfare fraud, and improper payments. Together, SAS and Capgemini provide an end-to-end offering in revenue fraud and improper payment protection to public sector organizations in Europe, Brazil, India and Asia-Pacific.  "There is a need for cutting-edge business analytics in the public sector. These products apply intelligent business rules and advanced predictive analytics to help governments identify subtle clues to uncover fraud in large amounts of data.  Also important is end-to-end capability from data integration through detection through investigation management that can be deployed across the enterprise to address many fraud and improper payments issues on a single platform. SAS working with Capgemini is going to have dramatic impact in assisting government agencies," said Stu Bradley, Sr. Business Director, F...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE The Board of Directors of Cap Gemini S.A., chaired by Serge Kampf, was convened in Paris on February 15, 2012 to review and authorize for issuing the accounts of Capgemini Group for the year ended December 31, 2011. The Group reports total 2011 revenues of €9,693 million, up 11.4% on published revenues (i.e. at current Group structure and exchange rates), representing growth of some two points above the objective set at the beginning of the year. On a like-for-like basis (i.e. at constant Group structure and exchange rates), revenues rose by 5.6%, with the difference between these two rates primarily due to the consolidation of CPM Braxis (Brazil) and Prosodie (France), acquired in October 2010 and July 2011, respectively. Bookings during the year totalled €9,903 million, down on the last year (-8.4% like-for-like) during which a large number of Outsourcing Services contracts were renewed. Conversely, Technology Services, Local Professional ...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Capgemini has presented the 'Capgemini Leadership Award for Innovation 2012' to its Indian client VFS Global at the NASSCOM Global Leadership Awards, held in Mumbai. "We are honored to present along with NASSCOM this award to VFS Global, an important client who is committed to bringing a positive business impact through technology. With over 40 years of global expertise and collaborating with leading corporations, we are keen to make a positive impact on society through our solutions." said Salil Parekh, CEO, Application Services (UK, North America & Asia Pacific) and Global Financial Services. "We are honored to have won this prestigious award. Over the last 10 years we have managed to inculcate the value of innovation into the organizational culture. This was actually not too difficult to achieve due to our legacy, where the creation of VFS Global itself was one of the biggest and most successful innovations bo...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Capgemini has announced the findings of its 2012 e-mobility report examining how the automotive industry is responding to the technological shifts driven by e-mobility - or electric vehicle - services. The study, entitled "Managing the Change to e-Mobility," shows that while demand for electric vehicles is growing across all modes of transportation and provides exciting growth opportunities for automotive companies, it also creates a need for existing business models to be overhauled. Capgemini highlights the need for a 'new network' to be deployed to bring together established and new stakeholder players to shape the industry with innovative products and services. More than half of respondents said customer requirements are drivers for the technology change and 52 per cent believe e-mobility is a customer need. Organizations must be prepared to quickly adapt to customer demands as they shift. The global survey was conducte...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Capgemini has been positioned by Gartner in the leaders quadrant in the latest "Magic Quadrant for SAP Application Service Providers, Europe". Capgemini has been positioned based on "ability to execute" and "completeness of vision." According to the report, "The positioning of vendors in this Magic Quadrant is based on factors determined by Gartner to be relevant to this market. We analyze consulting and system integration projects and multiyear IT management engagements that may require a blend of business, industry, technology, program and project management, process and delivery capabilities aligned with end-user organizations' objectives, institutional and business culture, and employees." Christophe Lacroix, SAP Alliance Lead, Capgemini, said, "We believe our leaders positioning by Gartner is a result of our dedicated endeavors to exceed client expectations. It fully recognizes our capabil...