By Vijay Nagarajan, Guest Author In the introduction to this series, I reviewed the company’s history and businesses. Let us now review the company’s financials from a more holistic perspective.
Twelve years ago, in 2008, it was clear that the labor arbitrage–based IT services industry that had made India a player in the global technology market was facing a threat. The key issue was supply-demand equilibrium. India’s engineering education system simply could not keep up with the demand for talent.
Economic Times reports: * The average pay hike at Oracle India as well as Oracle subsidiary i-Flex solutions is down to nearly 7-8%, dipping to 5% in some cases. The average salary hike at Oracle India last year was 12-14%.
Here’s an issue for readers to weigh in on: Does SaaS Threaten Indian Outsourcing?
LucidEra, the on-demand business intelligence solution provider was founded in 2005 by Ken Rudin, John Sichi and Tai Tran. We had featured Ken Rudin, the CEO of LucidEra last year in an interview.
SM: What is your channel strategy? Direct in the enterprise, Telesales for SME? MG: Very close. At the enterprise it is a direct sales force, distributed globally. In SME, it is telesales, our own telesales team. We have a lot of partners we do business with where we get a fee for transacting through our
Sun is buying open source database maker MySQL for $1 Billion. More than 100 million copies of MySQL’s database software have been downloaded and 50,000 copies are downloaded daily. MySQL had raised $39 million from Benchmark, Index, IVP, Intel, and SAP, and was in IPO discussions. It’s good to see that MySQL has found a
A Mashup is a web application that combines data from more than one source into a single integrated tool. That is the Wikipedia definition anyway. For those who have been around the industry long enough, this may sound like a Portal. It is. Except, it uses a bunch of newer web 2.0 technologies like Ajax,