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| | Top 5 global IT services vendors | Worldwide IT services revenue totalled $806 billion in 2008, an 8.2 per cent increase from 2007 revenue of $745 billion, according to Gartner Inc.
Thanks to six to eight months of `business as usual' in 2008 and then approximately four months encountering the beginning of the global economic downturn, the IT industry could manage a decent growth.
So, who were the vendors who led the growth chart globally in terms of revenue and marketshare. Here's over to the top 5 IT services vendors of 2008 (as per Gartner estimates). |
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| | Govt won’t meddle in Satyam layoffs | The government virtually distanced itself from any controversy around layoffs or job losses at fraud-hit Satyam after its sale to Tec
h Mahindra, saying it was not ready to “meddle” into the affairs of the company.
“Are we going to give them jobs? We have no jobs to give. So why should we meddle,?” corporate affairs minister Salman Khursheed said when asked whether government would interfere in case of mass-scale layoffs initiated by the company’s new owner, a figure that is believed to be around 10,000 in number.
Khursheed’s statement is a volte face considering that he had earlier said that the government would not turn a “blind eye” to any such move initiated by Tech Mahindra “as we have a relevant presence in decision making.” He also said that post its sale to Tech Mahindra, government was now in an “active disengagement mode” from the affairs of the company. |
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| | Sun Microsystems kills chip project | BOSTON: Sun Microsystems Inc killed development of an advanced server chip it hoped would leapfrog its technology past rivals IBM and Intel Corp
, the New York Times reported, citing people familiar with the matter.
Officials with Sun, the world's No. 4 maker of computer services, declined comment on the report about the abandoned chip project, which Sun has dubbed Rock.
Sun, which has agreed to sell itself to software giant Oracle Corp for about $7 billion, had invested more than five years and billions of dollars in the project, according to the newspaper. It had hoped to use the home-brewed chips in new machines, rather than ones from Japan's Fujitsu Ltd, which now run the bulk of its high-end servers.
News of the chip's demise came after Oracle Chief Executive Larry Ellison recently said he planned to boost investment in developing Sun's server chips after he closes the acquisition.
Rock had been scheduled to start shipping last year, but was delayed several times as Sun engineers discovered glitches, according to the New York Times report, which said its sources requested anonymity because they were not authorized to speak to the press. |
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| | Zensoft services Pvt wins best value partnership award 2008 | Zensoft services Pvt wins bestZensoft services Pvt wins best value partnership award 2008Zensoft services Pvt wins best value partnership award 2008Zensoft services Pvt wins best value partnership award 2008 Zensoft services Pvt wins best value partnership award 2008 value partnership award 2008 |
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