New EMC Offerings: Control Data Growth and Increase Efficiency

EMC Corporation unveiled a number of new backup offerings that help ease the burden that data centers are facing in dealing with the ever expanding digital universe. These new solutions, introduced to thousands of attendees at EMC® World, leverage the latest technologies including data de-duplication, disk drive spin down and low-power disk drives, and continue to help dramatically lower the cost of disk-based backup versus tape.

TCS BαNCS Core Banking enhances regulatory compliance requirements

 TCS Financial Solutions, the strategic business unit of Tata Consultancy Services (TCS), dedicated to providing business application solutions to the banking, insurance and capital markets industries, announced today that TCS BαNCS Core Banking is developing additional functionality in support of US regulatory compliance requirements.

Technology Consumption by Indian industry alarmingly low 

While large units not using IT were found to have a -10.4 percent CAGR of operating profit, IT-using large businesses had a 3.1 percent CAGR, on average. In a measure of small businesses, non-IT using factories had a -4.5 percent CAGR, while IT using small units had a 1.2 percent increase in operating profit. Smaller IT using units show a greater positive business impact of IT use than large enterprises in terms of productivity. The CAGR is 3.5 percent for IT using small units, whereas large units using IT have a CAGR of -5.9 percent, each being more than that for non-IT using small and large units.

Dr Natarajan became Chairman of Nasscom for 2008-09