Success in my Habit

Sunday, March 18, 2012

IIHT, Microsoft launch course in cloud computing

Kochi: IIHT Ltd, a technology-training organisation, along with Microsoft, has announced the launch of a certified cloud expert programme at Kochi Infopark.

Mr Keshava Raju, CEO, IIHT, told reporters here that the programme would help IT professionals and aspirants acquire the necessary skills to develop into cloud professionals by acquiring expertise in multivendor virtualisation solutions, IT infrastructure monitoring and management, along with private cloud designing and deployment skills.

He pointed out that the international research firm, IDC, estimates that cloud computing will generate 14 million new jobs worldwide by 2015. With India getting nearly 20 lakh cloud computing jobs according to the findings of this new study commissioned by Microsoft, the launch of this program will benefit IT aspirants all.

The market for public cloud infrastructure, platforms and applications is growing far more quickly than any other type of IT spending, he added.

IIHT will expand the programme to five more cities in the State in the next two years. To create awareness on cloud computing, the company is also organising an international workshop here on Saturday jointly with Microsoft.

Wipro Tech unveils NextGen healthcare tool

Bangalore: Eyeing the $24-billion US healthcare market, Wipro Technologies has launched its NextGen Care Management solution.

This solution is aimed at primary care physicians and healthcare providers and is tailored for the US healthcare market. Wipro's NextGen Care Management solution enables physicians to drive patient participation in devising a personalised care plan with defined care goals, treatment plan and health improvement activities.

The built-in collaboration platform in the solution uses tools such as SMS, chat, alerts, reminders, activity workflows and helps in reducing cost by avoiding treatment overlaps, multiple clinical tests or hospitalisation.

The solution built on Salesforce.com's social enterprise platform for employee facing apps is compatible with devices such as smartphones, tablets and integrates with remote patient monitoring. This is delivered on the cloud.

The world's largest economy had its medical care in shambles and in 2009 President MR Barack Obama passed the healthcare bill that increased healthcare coverage to about 30 million Americans who were previously not covered.

Since then, insurance providers have had to manage the huge influx of patients, which, in turn puts a lot of stress on their IT systems and is estimated to increase their investments by $3-$5 billion in a year.

“The concept of patient-centric care management is encouraging healthcare organisations to adapt innovations in managing chronic diseases, treating remotely. Wipro's solution is capable of transforming the current reactive, episodic, fragmented care delivery system into a foundation of partnership between payer, provider and patient to co-manage, monitor and measure delivery of care,” said Mr Mohd Haque, Vice-President, Healthcare Vertical, Wipro Technologies.

IIM-K signs pact with Leeds University Business School

Kozhikode: The Indian Institute of Management Kozhikode (IIM-K) has signed an agreement of co-operation with Leeds University Business School, UK.

The agreement is another step in the internationalisation efforts of the institute and it will enable both the institutions to carry out activities such as exchange of students, exchange of faculty members and collaborative research on contemporary management issues, according to Dr M.K. Nandakumar, Chairman, International Exchange Programme, IIM-K.

The agreement was signed between Prof. Debashis Chatterjee, Director of IIM-K, and Prof. Mark Smelik, Associate Dean (External Relations) of Leeds University Business School.

Dr Nandakumar said that top class researchers at Leeds University attracted substantial amount of research funding from various international agencies every year. The partnership would provide plenty of opportunities to the researchers at IIM-K to collaborate with the researchers at Leeds University and conduct research in varied areas of management.

The Centre for International Business at Leeds University has run an India-focused research centre, funded by the British Government. Leeds University has plans to enhance this centre and ensure its continuation.

The centre is interested in running research projects in association with IIM-K on inward and outward investments, links with the UK and analysis of economic performance and investment attractiveness of Indian cities.

Prof. Peter Moizer, Dean of Leeds University Business School, and Prof. Mark Smelik were on a visit to IIM-K to discuss various areas of collaboration between the two institutions, Dr. Nandakumar said.

Virgin Atlantic to launch Mumbai-London flights

Mumbai: Richard Branson's Virgin Atlantic is all set to operate again on the Mumbai-London route, nearly after three years after the airline announced withdrawal of flights from Mumbai facing thinning profit margins in a recession hit environment.

The flights that are scheduled to start from October 29 this year will be done on the A330-300 with Upper Class Dreamsuite, a new product line offering from Virgin, the airline said in a statement on Thursday.

The announcement of launch of Virgin's flight comes at a time when some of the bigger international carriers like Qantas and American Airlines have withdrawn flights from the Indian market. Also domestic carriers like Kingfisher have been forced to dump international flights to London both from Delhi and Mumbai due to a financial crisis thereby sucking capacity from the market.

Virgin is not only connecting Mumbai to London but its daily flights will also offer easy connectivity from London Heathrow to US markets of New York, Boston, Chicago and Washington, the airline said. However the Chicago service will be a seasonal service starting only in 2013. The stop over time for US connecting flights will have no more than couple of hours' wait, the airline said.

Virgin flights from New Delhi to London and New York have seen a growth of 20% in 2011 and overall since Virgin stopped operating from Mumbai, over a million passengers have flown this market, the airline said justifying the start of flights again.

"India's phenomenal growth continues to drive travel to the UK and the USA and we know our passengers are going to love the connections the new flights offers," said Sir Richard Branson, president Virgin Atlantic Airways.

South African delegation on Investment and Trade Initiative to visit India

Kolkata: Ms Elizabeth Thabethe, South Africa's deputy minister of trade and industry, will lead a delegation of 45 South African business people on an Investment and Trade Initiative (ITI) to Chennai and Mumbai in India from March 19-23, 2012.

The ITI is part of the Department of Trade and Industry's export and investment promotion strategy that focuses on India, amongst others, as a high growth export market. Both legs of the ITI will include a mini exhibition where South Africa's capabilities in sectors like agro processing, beneficiated metals, mining technology, automotive components, electro-technical and logistics will beshowcased .

"Participation by South African companies in the ITI will provide an excellent platform for identifying trade and investment opportunities in the two countries in the targeted sectors, createawareness of South African value added goods and services, and increase South Africa's exports to India. It will also facilitate increased foreign direct investment into South Africa as well as joint ventures between South African and Indian companies," Thabethe said.

Bilateral trade between South Africa and India has experienced an upward trend between from $2.2 billion to $5.7 billion between 2006 and 2010. The total trade increased by an average of 28% between 2009 and 2010 and the average growth rate over the past 4 years is 30.4%. Trade statistics depict a trade balance in favour of South Africa since 2009.

South Africa's exports to India mainly comprise of raw materials and unprocessed goods (coal, briquettes, solid fuels, manganese ores, copper ores, ferrous waste and scrap metal) and there is a drive to diversify from exporting unprocessed raw materials to value added products and services. Imports from India comprise of petroleum oils, motor cars/vehicles, telephone sets including telephones for cellular networks, equipment and motor vehicles for transporting goods.

Indian multinationals that have entered the South African market include, Tata Steel, Tata Motors, Tata Consultancy Services, Mahindra Group, Cipla, Ranbaxy and Ashok Leyland. Total foreign direct investment from India to South Africa, to date, amounts to approximately $3.8 billion.

South African multinationals have also been active in India with South African Breweries acquiring a majority stake in Mysore Breweries and energy giant Sasol exploring the possibility of setting up a multibillion dollar plant in India. In addition the Airports Company of South Africa, as part of GVK Consortium won a bid for the modernisation of Mumbai Airport.

Thursday, March 15, 2012

IBM ties up with Ingersoll Rand

Bangalore: IBM and Ingersoll Rand have come together to provide remote energy and asset management solutions for the Indian market. This move is aimed at driving energy efficiencies for organisations in the infrastructure segment (such as realtors and SEZs) or other sectors such as hospitality, health, pharma and telecom.

According to this partnership, IBM will bring in the analytics and other solutions (to help trigger preventive and predictive maintenance) and Ingersoll Rand will provide the energy management solutions. This solution leverages IBM's Intelligent Building Management system that is a combination of monitoring, asset management and advanced analytics along with Ingersoll Rand's energy optimisation technologies.

Rs 1,000-cr plant in Karnataka

Mumbai: Tata Motors will invest around Rs 800-1000 crore over the next two-three years on a plant in Dharwar, Karnataka.

This additional plant in Dharwar with a capacity of around 90,000 units annually will exclusively manufacture the Tata Ace Zip and Magic Iris. The plant is expected to reach full capacity by end of the next fiscal, said Mr Ravi Pisharody, President, Commercial Vehicle Business Unit, Tata Motors.

Launched in May 2011, the Ace Zip and Magic Iris are vehicles in the 0.5-tonne category. January to March is the peak production period, he said.

“We have a 80-85 per cent market share in this category. We are carving a special facility for the Zip and Iris due to the rise in demand for these vehicles,” he said. The demand for this category came mainly from the small businessmen “who carry small loads to work and back or have a small store-house in their homes,” he added. This category is expected to see growth in the 15-20 per cent range.

The Tata Ace Zip saw total sales of 3,000 last month, while the Magic Iris saw sales of around 1,000 units.

Suzlon wins orders for 20 MW in UK

Pune: Suzlon Group subsidiary REpower Systems SE has signed contracts to supply wind turbines for two wind farms in England for a total of 20 MW of power.

Armistead wind farm in South Cumbria, owned by Banks Renewables, will see six REpower MM82 machines installed while Carsington Pasture wind farm owned by International Power, an independent power generation company, will consist of four MM82 wind turbines.

Armistead wind farm will have a rated output of 12 MW and will generate enough electricity to power the equivalent of nearly 7,000 homes annually, while those at Carsington wind farm will in total generate enough electricity to power the equivalent of at least 4,500 homes. Both projects are expected to be completed in early 2013.

Flimby wind farm REpower's first project with International Power was signed at the end of 2011. It will consist of three MM82 and is scheduled for completion at the end of 2012.

Since its launch in 2004, REpower UK has delivered 37 onshore wind farms in Scotland, England and Wales and two offshore wind farms: Project Beatrice in the North Sea and its largest offshore contract to date in the UK is the Ormonde wind farm, owned by Vattenfall.

This offshore wind farm in the Irish Sea consists of the 30 REpower 5M wind turbines with a total rated output of 150 MW.

Biz jet maker Gulfstream upbeat on India

Hyderabad: Aircraft maker Gulfstream Aerospace Corp has garnered a big chunk of business jets business in the Asia-Pacific region and sees India as the next big opportunity along with China.

Taking part at the India Aviation Show 2012 being held at Hyderabad, top executives of Gulfstream stated that their business mix has changed over the last decade with non-US business going up.

They now have an overall order book of $17.9 billion as of 2011.

Mr Roger Sperry, Regional Senior Vice-President of Gulfstream, Aerospace, said business jets drive business and India is no exception. Of the 84-odd mid and large bodied jets in India, Gulfstream has 20 of them flying. Even in the Asia-Pacific region, Gulstream has a 48 per cent market share in the large cabin aircraft segment.

“We are optimistic as the Indian GDP is poised for growth so is the case with corporate entities. We see private jets driving economic growth,” Mr Sperry said.

G150
The company is showcasing entry-level G150 and another larger bodied aircraft G450 at the show.

The all-new G650 is ready for delivery later this year. About 20 of these are getting final touches and interiors done for delivery .

“Part of the General Dynamics, Gulfstream has grown its business through the downturn. If we delivered 94 jets in 2009, it was 99 in 2010 and 107 last year. In 2011, 90 were large cabin aircraft and 17 mid-cabin ones,” he explained.

The company has been investing heavily on its service organisation. In the $1.2 billion spare parts arm, over 3,500 engineers work. This includes 33 facilities of Jet Aviation, which had come through an acquisition.

Singapore's GIC invests $100m in Vasan Healthcare

Chennai: Sovereign fund Government of Singapore Investment Corporation (GIC) has picked up a minority stake in Vasan Healthcare Enterprise, an eye care chain, for $100 million. Vasan will use the funds to "expand rapidly in new geographies, besides look at acquisitions", A M Arun, chairman of Vasan, said.

The company had earlier raised about $50 million from Sequoia and Westbridge in three rounds of investments in the last three years. Vasan, which started as a stand-alone pharmacy in Trichy in 1947, set up its first eye care hospital in 2002 in Trichy. Today, the company has over 100 hospitals in 11 states.

Arun did not divulge the stake diluted or the valuation at which the stake was sold. Cumulatively, all three investors still hold minority stake, he said. GIC will be offered one seat on the company's board. Spark Capital was the adviser to the transaction.