Technologies for Transaction Handling and Customer Management are now quite mature, and in daily global use. Most of the advances in this area are now concerned with global build out and integration across disparate systems, better subscriber management and payment security.
Innovation in the Indian IT-BPO services industry has come a long way and has reached a tipping point as illustrated by the recently announced NASSCOM awards. The number of nominated and shortlisted companies was much higher than the previous years and much wider scope and scale of innovations. The market impact of new products & services that can be developed on the basis of these innovations can be greater if companies choose to commercialise them through spin outs.
Arun Muthirulan, 08 March 2010
Nokia has invested $70 million for a minority stake in the mobile payment technology company Obopay. This is another salvo in the ongoing battle being fought to control the mobile payments segment between banks, mobile networks, handset makers and start-ups.
19 April 2009
Tanla Solutions, based in Hyderabad, India is establishing a 50:50 joint venture with ZED Worldwide Holdings SL, a Spanish digital content and services company after it received approval from India's Foreign Investment Promotion Board (FIPB). The JV is set up as a limited liability company, to...
07 April 2009
Fujitsu of Japan is buying Siemens' 50% stake in their European IT joint venture. The takeover is the latest example of consolidation in the technology industry in response to intense competition and sluggish demand. Fujitsu will pay about €450m ($584m) for Siemens' stake in Fujitsu Siemens...
05 November 2008
The meltdown in global financial markets is likely to have a significsnt impact on Indian Technology Service companies, who have built big outsourcing businesses based on process expertise and cost arbitrage. If they are to succeed in the future,Indian Tech service companies need to re-invent...
02 October 2008