VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Cognizant Technology Solutions Corporation has announced its third quarter 2011 financial results. Revenue for the third quarter of 2011 rose to $1.601 billion, up 31.6% from $1.217 billion in the third quarter of 2010. GAAP net income was $227.1 million, or $0.73 per diluted share, compared to $203.7 million, or $0.66 per diluted share, in the third quarter of 2010. Diluted earnings per share on a non-GAAP basis were $0.80. GAAP operating margin for the quarter was 18.3%. Excluding stock-based compensation expense of $24.5 million, non-GAAP operating margin was 19.8%, within the Company's targeted 19-20% range. Reconciliations of non-GAAP financial measures to GAAP operating results and diluted EPS are included at the end of this release. "Cognizant has delivered another strong quarter of industry leading revenue growth with non-GAAP operating margins within our target range. Growth during the quarter was again broad-based across o...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Cisco has announced the commencement of 'Advantage Now!' - a signature bi-annual road show aimed at enabling Cisco Partners to build a more profitable small business practice. Now in its fourth edition, 'Advantage Now!' will feature a series of informative meets to share with partners. Spread over a month, the event will cover 10 cities and reach out to approximately 1000 partners across India and SAARC. B Raghavendran, VP and Head, Partner Organization, Cisco India & SAARC said, "Cisco transitioned to a partner-led business model last year and this model requires us to work closely with our partners. Over the past one year, we have significantly increased our channel efforts to augment partner capabilities by providing leading practices, tools, and knowledge transfer, which in turn enable them to have more repeatable, successful, and profitable customer engagements. Advantage Now! is aligned with our efforts to arm ...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE QAI is set to launch a PMI-ACP Three Day Contact Training Program which is said to be a new credential offered by PMI for people working in Agile project management environments. The Agile Certified Practitioner (PMI ACP) program is believed to be designed to lead the participant to an internationally recognized certification from the Project Management Institute (PMI), USA. The PMI ACP certification from PMI carries a high level of professional standing and credibility as it requires a combination of agile education, experience on Agile practices and examination on Agile practices. The contact workshop is said to be a mix of instructor lead and self paced learning, designed as per the PMI guidelines. Each section has definitions, examples, exercises, memory joggers and case studies to facilitate the learning and application of the contents. The training is followed by a final mock test to check the understanding of the participants. Navyug M...