Value-added BPO is new outsourcing mantra
With ITES/BPO mirroring the software industry and entering a commodity phase, Tier-I ITES players are adopting riskier models to steer their ships away from the commodity crowd and ensure higher margins. Players are not only signing deals with pricing linked to the success of a project, but are even linking their billing rates to reduction in the TCO of a particular process. Srikanth R P analyses the paradigm shift taking place in the Indian ITES industry

HP’s new Adaptive Enterprise initiative
In line with utility computing initiatives launched by global IT majors, HP too threw its hat into the ring with its Adaptive Enterprise strategy aimed at helping organisations “foresee and react to change”. Rahul Neel Mani looks at HP’s new business plan

Restructuring gives SGI high-end focus
The ongoing process of shifting focus to specific growth areas at Silicon Graphics has gained momentum, and the company recently announced a restructuring policy to cut costs and improve performance, says Shipra Arora

IBM India Software Labs launches Center for Advanced Studies
IBM India Software Labs (ISL) announced the setting up of the IBM Center for Advanced Studies (CAS) at its Bangalore facility to allow universities access to IBM’s leading-edge product development and the supporting infrastructure.

VC funding for IT start-ups dries up
While overall venture capital (VC) funding to the Indian IT industry has risen, the quantum of investments being pumped into start-ups has come down. VCs no longer find worthwhile start-ups to invest in, says Abhinav Singh