Accenture Stock Target Soars As CEO Sees IT Recovery
Dec 2, 2009
Posted by Bob Evans
A Credit Suisse analyst has boosted his target price for Accenture shares from $42 to $55 on the expectation that enterprise IT spending is beginning to loosen up and that Accenture will be a prime beneficiary of CIOs' more-expansive spending habits and their increasing acceptance of outsourcing.
India Outsources Jobs To U.S. In Video-Effects Field
Dec 2, 2009
Posted by Bob Evans
Based in Bangalore, India, a Tata subsidiary that specializes in video effects and animation will open a high-tech delivery center in Los Angeles next week to cater to Hollywood's appetite for video wizardry. Since this is clearly a case of outsourcing, I must ask the question: will the professional positions created at the new lab be "our jobs"?
An Eyewitness To Ousted CEO's Impact At GM
Dec 2, 2009
Posted by Mary Hayes Weier
We were in a meeting yesterday at General Motor's headquarters with Kirk Gutmann, chief technology and strategy officer, when a woman walked in and handed Gutmann a note. I could see type highlighted in bright yellow. She said, "You need to be in a 4 p.m. board meeting that just got called." I saw a flash of concern pass over Gutmann's face. We shook hands, and our meeting was quickly adjourned. Less than an hour later, I learned CEO Fritz Henderson had resigned.
Sun Trying To Snatch HP Customers
Dec 1, 2009
Posted by Bob Evans
Looking to show that turnabout is very fair play, Sun has launched a campaign to snatch customers from HP with a "no-risk migration assessment" aimed at HP enterprise users who "are facing higher support costs, performance and availability issues, and loss of ISV support for critical business applications."
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In a striking move, SAP is extending to 580 very large customers a plan allowing them to spread payment across multiple years instead of making one big capital-expense payment up front.
Knock off manufacturer claims it's reached a partial settlement with Apple.
SAP's intentions are always difficult to discern, but it might be on the verge of revising the support/maintenance fees its customers love to hate.
The company is waiting until early 2010 to incorporate customers' feedback as it looks to raise its annual maintenance fees.
The company is giving Tandberg shareholders until Thursday to approve its $3.4 billion offer to acquire the Norwegian videoconferencing company.
A 3% increase in IT staffing is forecast for early 2010, with traditional jobs in networking, security, and application development most in demand.
The deal will boost Broadcom's data center and cloud computing portfolio.
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