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www.expresscomputeronline.com WEEKLY INSIGHT FOR TECHNOLOGY PROFESSIONALS
07 February 2005  
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    MARKET - The Business of Technology
 

HP fast tracks virtualisation
Many research firms, including Gartner, have praised HP’s efforts to boost its Unix support offering by integrating elements of Veritas Storage Suite with HP Serviceguard for HP-UX. At the same time, analysts point out that more needs to be done.

Upfront

Oracle sees growth for risk management application
Oracle has announced that the State Bank of India, UTI Bank and Development Credit Bank have successfully implemented Oracle Financial Services Applications (OFSA), its vertical-specific, risk management application for companies in the banking and financial services space.

Sutherland doubles India employee base to 7000
In one of the fastest BPO ramp-up operations, Sutherland Global Services has announced that it has more than quadrupled its employee base in India in the last 15 months. Sutherland which had an employee base of 1,500 in India in September 2003 has ramped up rapidly to a 7000-people BPO organisation.

Moser Baer, IIT Delhi sign technology MoU
Moser Baer India has joined hands with the Indian Institute of Technology, Delhi to work jointly for developing technologies suitable for enhancing the storage of current optical media.

HCL Infosystems registers 91 percent growth
HCL’s revenues have registered a sudden spurt thanks to strong enterprise sales and product innovations. The company is also promoting its retail PC products aggressively

“The complexity of implementing ILM has increased manifold”
Network Appliance is bullish about the ILM market and is working on developing new products to target this space.

Five Facts

Security gains impetus
The need to focus on security and implement risk management systems was stressed upon by speakers at the Security 360º seminar in New Delhi. The event, organised by Network Magazine in association with Datacraft and Cisco Systems, was an attempt to highlight the importance of security and data management.

Storage vendors eye the energy vertical
A typical oil and gas exploration company is in search of oil and gas fields in a particular geographical area of the country. After a successful initial search, the company finds a field but it needs to explore deep within the earth’s surface (say, 30,000 feet) in the hope of striking oil or gas.


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