Thursday, August 21, 2008

Infosys spends Rs. 750 crore on training fresh recruits


BANGALORE: Infosys Technologies spends Rs. 750 crore a year on training fresh recruits. The company added 3,192 staff in the first quarter of 2008-09.
“This comes to Rs. 2.50 lakh spent on each potential new employee during a 16-week training period. We don’t have a choice because existing engineering college curriculum does not turn out candidates with skills we need,” Infosys Director T. V. Mohandas Pai, told reporters visiting the sprawling training centre of the company in Mysore. The 335-acre campus, largest of the nine training centres of Infosys across India, can accommodate up to 13,500 people at a given time.
Apart from containing attrition at around 13.7 per cent against the industry average of 17 per cent, the training turned out young men and women with additional ‘soft skills’, including the ability to communicate clearly, learn efficient team work and decision-making, Mr. Pai said. Close to five per cent of trainees did not match the job skills required and had to return home.Cost of training
The cost of training might seem high but in the West, it worked out to $50,000 per trainee as compared to $6,000 here, he explained. “If our universities upgraded and made the teaching methods more industry and employment-oriented, the IT sector need not spend that much for training. On our part, we can claim having contributed 50,000 trained persons so far to the workforce,” he said.
Infosys has its on-campus job skills programme, Campus Connect, covering 510 engineering colleges in several regions. So far, 2,300 faculties have been trained on industry needs like better understanding of concepts involved in work such as software engineering. The Mysore campus has two software development centres and a special economic zone (SEZ) facility, both being expanded now. The SEZ recorded Rs. 800 crore exports last year.
Ref : THE HINDU, Sunday, Aug 03, 2008

Next five in five


While countless companies proclaim their technologies, products, services — and themselves — ‘innovative,’ the inherent definition of innovation has changed today from what it was in the past. It’s no longer individuals toiling in a laboratory, coming up with some great invention. It’s not an individual. It’s individuals. It’s multidisciplinary. It’s global. It’s collaborative.
People are looking for value that arises from a creation and not just at technology for its sake. Innovation today is more about services, process, business models or cultural innovation than just product innovation. It begins at the intersection of invention and business insight — and is made valid only when it results in significant business and societal value.
IBM has over 3,000 researchers worldwide who work in close collaboration across eight research Labs. For the fifteenth consecutive year in a row, IBM innovators have filed the largest number of patents in the US Patent Office. But what makes us proud is the value we deliver to clients, society and to the world. Our culture of innovation allows cross-pollination of ideas from a wide array of scientific disciplines and understanding of end-users of technology as true collaborators. InnovationJam is one such initiative, it is the most tangible demonstration of our belief in the power of “collaborative innovation.”
‘Next Five in Five’ from IBM is a list of innovations that have the potential to change the way people work, live and play, over the next five years. The list is based on market and societal trends expected to transform our lives, as well as emerging technologies from IBM’s Labs that could make these innovations possible.
Here goes:
It will be easy for you to be green and save money doing it: A range of ‘smart energy’ technologies will make it easier for you to manage your personal ‘carbon footprint’. As data begins to run through our electrical wires, dishwashers, air-conditioners, house lights, and more, will be connected directly to a ‘smart’ electric grid, making it possible to turn them on and off using your cell-phone or any Web browser. In addition to alerting you about leaving appliances switched on when they could be switched off to conserve energy, technology will also provide you with up-to-date reports of electrical usage, so you can monitor how much you are spending and how much energy you are putting out, just like you can track your cell-phone minute usage today.
Intelligent energy grids will also enable utilities to provide you with the option to use green energy sources, such as solar and wind, to fuel your home, and innovations in solar and wind technology will bring cost-efficient options to a utility near you.
The way you drive will be completely different: In the next five years, a coming wave of connectivity between cars and the road is going to change the way you drive, help keep you safe, and even keep you out of traffic jams.
Technology is poised to keep traffic moving, cut pollution, curb accidents, and make it easier for you to get from point A to B, without the stress. The cities you live in will find a cure for congestion using intelligent traffic systems that can make real-time adjustments to traffic lights and divert traffic to alternate routes with ease.
Your car will have driver-assist technologies that will make it possible for automobiles to communicate with each other and with sensors along the road — allowing them to behave as if they have ‘reflexes’ so they can take preventive actions under dangerous conditions. Your car will automatically tell you where traffic is jammed up and find you an alternative route to take.
You are what you eat, so you will know what you eat: We’ve all heard the saying ‘you are what you eat’, but with foods being sourced across international borders, the need to ‘know exactly what you eat’ has never been so important. In the next five years, new technology systems will enable you to know the exact source and make-up of the products you buy and consume.
Advancements in computer software and wireless radio sensor technologies will give you access to much more detailed information about the food you are buying and eating. You will know everything from the climate and soil the food was grown in, to the pesticides and pollution it was exposed to, to the energy consumed to create the product, to the temperature and air quality of the shipping containers it travelled through on the way to your dinner table. Advanced sensor and tracing systems will tell you what you eat, before you eat it.
Your cell-phone will be your wallet, your ticket broker, your concierge, your bank, your shopping buddy, and more: In the next five years, your mobile phone will be a trusted guide to shopping, banking, touring a new city, and more.
New technology will allow you to snap a picture of someone wearing an outfit you want and will automatically search the Web to find the designer and the nearest shops that carry that outfit. You can then see what that outfit would look like on your personal avatar — a 3D representation of you — right on your phone, and ask your friends, in different locations, to check it out online and give their opinion.
Your phone will also guide you through visiting a city. When you turn on your phone in a city you are visiting, it automatically provides you with local entertainment options, activities, and dining options that match your preferences, and then make reservations and purchases tickets for you — like a personal concierge.
Doctors will get enhanced “super-senses” to better diagnose and treat you: In the next five years, your doctor will be able to see, hear and understand your medical records in entirely new ways. In effect, doctors will gain superpowers — technologies will allow them to gain x-ray-like vision to view medical images; super sensitive hearing to find the tiniest audio clue in your heart beat; and ways to organise information in the same way they treat a patient.
An avatar — a 3D representation of your body — will allow doctors to visualise your medical records and click with the computer mouse on a particular part of the avatar, to trigger a search of your medical records and retrieve information relevant to that part of your body, instead of leafing through pages of notes.
The computer will automatically compare those visual and audio clues to thousands or hundreds of thousands of other patient records, and be able to be much more precise in diagnosing and also treating you, based on people with similar issues and make-up.
The author is Director, IBM India Research Laboratory.
Ref : THE HINDU, Monday, Aug 04, 2008

Norms issued for 3G, number portability

Special Correspondent Process for spectrum auction will begin in the next 15 days
Govt. hopes to garner over Rs. 30,000 crore
Base price fixed at Rs. 2,020 crore for each bid


NEW DELHI: The Centre on Friday announced detailed guidelines for the roll-out of 3G (Third Generation) mobile services that would allow better multimedia services and also quick data and video transfer. It also cleared guidelines for implementing mobile number portability (MNP) allowing mobile subscribers to switch from one operator to another without changing their mobile numbers.
Announcing the guidelines here, Union Communications and Information Technology Minister A. Raja said: “Any player who holds a unified access service licence (UASL) or has expertise in 3G services can take part in the global auction for the standalone 3G spectrum. A company can first bid for the spectrum and later get UASL licence to start the services.”
India has 60 Mhz of 3G spectrum available. The auction will take place in the 2.1 Ghz band. 3G services are likely to be available in the middle of next year.
Stating that initially, two to five operators would be allowed to offer 3G services in each circle, Mr. Raja, however, said that in the Delhi and Mumbai circles, only one operator would initially be allowed to offer 3G services, apart from State-owned Mahanagar Telephone Nigam Limited (MTNL) due to spectrum crunch. Similarly, another government telecom giant, Bharat Sanchar Nigam Limited (BSNL) would get 3G spectrum. For a pan-India licence, the base price has been fixed at Rs. 2,020 crore for each bid, while UASL fee would be Rs. 1,650 crore.
The Government hopes to garner over Rs. 30,000 crore from the auction of 3G spectrum. “Though there will be no annual spectrum charge in the first year, a licensee will have to pay annual spectrum charge of one per cent of annualised growth rate after a period of one year,” he added.Spectrum auction
Stating that the process for spectrum auction would begin in the next 15 days under the supervision of an independent agency to ensure full transparency, Mr. Raja said there would be strict roll-out obligations to avoid spectrum hoarding.
“If the licensee does not achieve its roll-out obligations, it shall be given one year to do so, but on payment of 2.5 per cent of its successful auction bid per quarter or part thereof. If licensee does not complete its roll-out obligations even within this one-year, the spectrum assignment will stand withdrawn,” he said.
About mobile number portability (MNP), Mr. Raja said for granting licenses, the whole country would be divided into two zones consisting of 11 licensed service areas each with two metro service areas in each zone.
“There will be only one licensee for MNP services in each MNP zone, while the MNP service provider and the mobile operators would not be allowed to have equity (direct or indirect) stake in each other’s operations. Initially, MNP will be implemented in the four metros in the next two months and subsequently roll-out in the rest of the country over the next 6-12 months,” he said.
Ref : THE HINDU, Page no.15, 02-08-08.

The Richest People In The World (As Of 2008)

Secure IT Companies in India

1) Microsoft — Has projects till 2050. Who knows? What happened toyahoo can happen to Microsoft even tommorow
2) EDS — Most secure company in India. Not laid off any of its employees even during 2001. Has lots of projects in Defense and financial areas
3) HP — Dream Company. In-house and outsourced projects
4) Infosys — Dream Job. On a way to achieve the status of a secured, stable Govt. company. But have to work from 9AM to 9PM. Suitable for the workaholics alone.
5) AOL, Google and Yahoo - Best companies to work with, great job satisfaction as well as great salary and work environment. Rarely fires an employee. As they are internet based companies’ they offer lots of opportunities to grow.
6) HCL — A good company to be in. Called as a “retirement company.” Nothingmuch happens there
7) HSBC— This is the most secure company. It has never fired any employee, even when they know that the employee is showing fake experience.
8) Aricent— a communication based software company, has never fired any employee and gives great perks & incentives, lot of projects in kitty. Minimal level of attrition.
9) KPIT Cumminns Infosystems Limited —- This is the most secure company not known to many. It has presently acquired CG Smith, Bangalore and has lots of projects in pipe line. Acquisitions plans will continue.

Ref : www.nasscom.org

Top most Firing IT companies in India.

1.IBM - Right now this is the most firing company for IT professionals. In the last 6 months, this company has fired nearly 20% of their employees because of Background checks and performance issues. This is the most insecure company from an IT professional’s point of view. They don’t have any strategic plans at HR policies regarding employee security. No appraisals (maximum 10%).
2.TCS - Previously it was functioning as a government IT Company . Now a days TCS has also become a firing major IT company. Recently it fired on 500 people - mostly people below 2 years of experience and TCS has also lost so many projects recently( especially British Telecom Projects).
3.Accenture - This is second top most firing company. The firing rate is around 5%. This depends upon outsourced projects; they have a unique system where Accenture development centers around the world bid for a project coming into the company. Currently Philippines centre is taking the cake and the Indian centers are in a firing mode.
4.WIPRO - Firing people with very frequent back ground checks and firing them with out even experience letters and relieving letters (will mention as terminated from services)but will promise the employees that they will retain them. After the project is over they will fire away. Will threaten of criminal cases against such employees if they opposethe move and has also filed cases against some.
5.Intel - Recently joined the league. Running in heavy losses, hence firing 3000 employees in the Banglore center in a phased out manner. Remember Intel made it into the headlines with the failed processor design from the Bangalore Labs and also fired a few employees for producing fake car rental bills.
6.CTS - Has a steady firing policy (checking the Educational background and previous employment and also employee performance in work). In a Recent HCL walk-in, around 50% attendees were from this company. Sadly the I-pods have not helped them.
7.CSC - Excellent package but fires folks in Background check and those on bench regularly. Recently fired 400+ employees from its subsidiary Covansys.
8.Satyam - Currently stopped firing. The Attrition rate is very high. No firing from 2005 until then 1000 employees were fired in Hyderabad.
9.Patni - They fired so many employees that currently they are facing understaffing and deficiency with number of employees. Very high attrition rate.
10.Keane India - This USA based company is always involved in firing employees. Although they proudly say that they dont have hire and fire policy. Recently they fired java and AS400 professionals after which most of the employees have started to pack their bags. Employees change this company within 1 year.

Ref : www.nasscom.org

Wednesday, August 20, 2008

Top 10 software companies in India

1.Tata Consultancy Services
2.WIPRO
3. Infosys
4. Satyam Computer Services
5. HCL Technologies
6. Tech Mahindra
7. Patni Computer Systems
8. i-flex Solutions
9. MphasiS
10. L&T Infotech

Ref : http://www.rediff.com/money/2008
Date:july 2008

CEO’s Of Software Companies

MS - STEVE BALLMER
APPLE - STEVE JOBS
ORACLE - ELLISON
IBM - LOUIS GERSTNER
HP(hewlett packard) - CARLY FIORINA
CAMPAQ - MICHEAL CAPELLAS
HCL - SHIV NADAR
INFOSYS - NARAYANA MURTHY
WIPRO - AZIM PREMJI
SATYAM - RAMALINGA RAJU
INTEL - CRAIG BARRET
CISCO - JOHN CHAMBERS
SEI - CMM LEVEL
YAHOO - SEMETEL
NASSCOM - KIRAN KARNIK(president)