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- The Startup Velocity Question
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TCS, Infosys Broadening Geographic Reach
According to a market report released by the Everest Group, the global outsourcing market grew at a compounded rate of 6% from 2008 to 2010. IT outsourcing (ITO) transaction volumes grew at an annualized rate of 5% during the period, while business process outsourcing (BPO) transactions increased 12% during the same period. The market recovery
Yahoo Focuses On Content, Not Web 3.0 – A Mistake
According to eMarketer, U.S. Internet ad revenues will increase 10% over the year to $28.5 billion in 2011. Total online ad spending in the U.S. grew 14% over the year last year to $25.80 billion. Google will remain the leader in online ad revenues, and these revenues are estimated to grow 23.5% over the year
Commerce A New Strategic Direction For IBM
IBM (NYSE:IBM) this week reported strong results that beat estimates driven by its server business. As a result, it raised its full-year outlook. IBM is also benefiting from its focus on analytics, cloud computing and the Smarter Planet initiative. It announced another new initiative, Smarter Commerce, to address rising customer demand in the increasingly digital
Google On Hiring, Acquisition, And R&D Spree
According to the Advertising Bureau, Internet advertising increased 15% last year to $26 billion, compared with a 3% decline in 2009. The report found that the top 10 online ad companies contributed to 75% of all business in the last quarter of 2010. Search advertising, led by Google, accounted for $3.3 billion revenues in the
BitTorrent Trying To Improve Image Through Content Partnerships
Peer-to-peer file sharing service BitTorrent announced early in the year that it has more than 100 million monthly users of its two software products—the original BitTorrent Mainline, and µTorrent. Founded in 2004 by Bram Cohen and Ashwin Navin, BitTorrent has raised more than $40 million in funding from investors. BitTorrent makes it easy to share
Akamai Holds Good On Its Promise
Akamai has achieved its target of $1 billion in annual revenue and set itself the goal of achieving annual revenue of $5 billion. Recent results show that Akamai’s media and entertainment revenue has rebounded dramatically. To increase it even more, Akamai has over the past quarter renewed its long-term deals with Netflix and several other
Accenture Makes Important Acquisitions In Mobile And Automation
Gartner continues to raise its estimates of worldwide IT spending. Its latest report forecasts 2011 spending to increase 5.6% over the year to $3.6 trillion. The inclusion of handheld tablet devices to the computing hardware category has helped increase the forecast. Worldwide media tablet spending is projected to grow to $29.4 billion in the year from
Job Search Sites Overview – Monster Facing Stiff Competition
Monster’s recently released monthly job index for March showed an 8.8% increase over the year and 5.4% over the previous month. The index saw growth in 14 of the 20 industries and in 17 of the 23 occupations it tracks. This growth was driven by demand for workers in the healthcare support, mining, quarrying, and