Cloud computing and cloud services stocks fell 2.43 percent for the week ended May 11, 2012. The biggest one-week losers in our Talkin’ Cloud Stocks Index were Rackspace, Salesforce.com, VMware, Kenexa and SolarWinds. The biggest week

QSC AG started fiscal 2012 as planned, making progress in its transformation process into an ICT provider. The company brought to market its first entirely self-developed Cloud product with the cospace communications platform, broadened its

Cognizant grew at the highest rate of 33.3% The top five India-based IT services recorded a growth of 23.8% during 2011, compared with 7.7% growth for the global IT services market as a whole, according to a report by Gartner. Cognizant w

Newly appointed Nasscom Chairman N Chandrasekaran has expressed confidence that the US$100 billion Indian IT-BPO sector will grow at 11-14 per cent, despite the global economic uncertainties and muted forecast by some member companies. O

Tata Consultancy Services (TCS), became the first Indian IT company to cross the ten billion dollar milestone posting annual revenues of $ 10.17 billion. TCS posted a 23 percent rise in March-quarter profit and gave a upbeat outlook. Annual

Q1 revenue of $170.7M, up 17% from year-ago quarter, down 1% sequentially — Q1 EPS of $0.98 per diluted share, up 62% from year-ago quarter, down 7% sequentially — Q1 cash & short term investments of $334.4M — Global H

HCL Technologies beat market forecasts with a 29% jump in its net profit during the January-March quarter that was led by an increase in IT outsourcing deals. Importantly, the company sounded upbeat and dispelled the sense of gloom which h

Companies engaged in business process outsourcing continued their double-digit revenue growth last year, booking some $11 billion or 24 percent higher than $8.9 billion registered in 2010. With this, the Business Processing Association o

WHILE continuously posting a significant year-on-year growth since 2001 when it started to set up in the Philippines to outsource some of its internal works from the United States where it originated, Texas-based firm Harte-Hanks still sees

Infosys Ltd. (INFO), India’s second- largest software-services exporter, slumped the most in almost three years in Mumbai trading after forecasting sales that missed analyst estimates. Sales in the year that began April 1 may be be

Information Services Group (ISG) III 0.00% , a leading technology insights, market intelligence and advisory services company, today released TPI Index data showing that the value and number of outsourcing contracts awarded globally dropped

Back-office firm Indecomm Global Services, founded by a former Unilever top gun, has initiated a sale process with the 10-year-old company valued at about $250 million, said at least three sources directly familiar with the matter. Private