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Wednesday, November 28, 2012
BWI: Frost & Sullivan: Managed Services Market in the UAE Expected to Grow at a CAGR of 17 per cent Over the Next Five Years
Source: Frost & Sullivan
Wednesday, November 28, 2012 02:17 PM IST (08:47 AM GMT)
Editors: General: Economy, People; Business: Business services, Information technology, Telecommunications; Technology
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Frost & Sullivan: Managed Services Market in the UAE Expected to Grow at a CAGR of 17 per cent Over the Next Five Years
Dubai, United Arab Emirates, Wednesday, November 28, 2012 -- (Business Wire India) -- In order to decrease the economy's dependency on oil and gas, the United Arab Emirates (UAE) is fostering the Information and Communication Technologies (ICT) industry through investments in its ICT-related infrastructure, business parks and technology incubators. The UAE is considered the largest ICT investment and development zone among the Gulf Cooperation Council (GCC) as it has the advantages of competitive labour cost and quality infrastructure. The UAE is also dominating the Managed Services market in the GCC. According to Frost & Sullivan, the country's Managed Services market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent over the next five years.
In 2011, the Managed Services market in the UAE grew by 12.9 per cent to reach USD 333 million. This growth is expected to accelerate in the next three years due to increasing demand from core growth industries such as retail, healthcare, and manufacturing. Also, the anticipated launch of cloud computing is likely to increase the uptake by small and medium businesses, which currently represent 34 per cent of the total spending in the Managed Services market.
Infrastructure support, application, and web hosting services dominate the UAE Managed Services market. Frost & Sullivan expects the demand for virtualisation, business continuity, and disaster recovery to grow faster than that for other types of managed services. The issue of mobility and Bring-Your-Own-Device (BYOD) is expected to receive more attention from managed service providers, bolstering the network security needs of the market over the next two to three years. Government spending on IT infrastructure, labour, and price arbitrage are the main driving forces behind the growth of Managed Services market in the UAE.
"The Government in the UAE is spending to introduce new technologies in IT and improve the cloud computing network to facilitate e-governance in the country. As a large portion of the IT spending is dedicated to IT infrastructure development, the Managed Services market in the UAE is expected to grow over the next two to three years", says Haritha Ramachandran, Program Manager, ICT Practice, Middle East and North Africa, Frost & Sullivan.
While the Managed Services market growth rates in the UAE are trailing those of the Kingdom of Saudi Arabia and Qatar, the UAE market is more mature, due to higher competition amongst numerous players like telcos, data centre hosting service providers, and local and international system integrators. Data centre hosting is a niche service in the UAE, contributing 18 per cent of the Managed Services market revenue.
Further, the uptake of managed services has grown as companies have started to focus on their core activities and trying to reduce their IT spend. Managed services offers diminished total cost of IT equipment ownership, a shift to the opex model. Infrastructure support such as managed desktop, managed network, managed telephony, and managed data and printer services are the key service areas patronised in the UAE Managed Services market.
Frost & Sullivan's recent study on Managed Services market indicates that the Education and Healthcare verticals registered highest growth rates in the market at 28.2 and 22.8 per cent, respectively in 2011. While the Government vertical remained the core vertical, the Banking and Financial Services, IT, and Telecom verticals together generated 54 per cent of the total market revenue in the same year. Considering the pertinence of the Managed Services and enterprise Security, Frost & Sullivan will soon be oganising a Summit to convene the best minds in Enterprise Security under one roof to create an interactive milieu for exchange of knowledge and ideas.
If you are interested to know more about this Report, please send an e-mail with your contact details to Deepshri Iyer/Tanu Chopra, Corporate Communications, Frost & Sullivan, at deepshrii@frost.com/tanu.chopra@frost.com.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
-- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including research, analysis, strategy, vision, innovation, and implementation.
-- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360-degree research, comprehensive industry coverage, career best practices, as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics, and emerging economies?
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CONTACT DETAILS
Tanu Chopra, Corporate Communications Middle East and North Africa, Frost & Sullivan, +91 9820480089, tanu.chopra@frost.com
Deepshri Iyer,Corporate Communications Middle East and North Africa, Frost & Sullivan, +91 (22) 66072038, deepshrii@frost.com
Nimisha Iyer, Corporate Communications Middle East, North Africa and South Asia, Frost & Sullivan, +91 9820050519, niyer@frost.com
KEYWORDS
ECONOMY, PEOPLE, BUSINESS SERVICES, IT, TELECOMMUNICATIONS, TECHNOLOGY
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BWI: Microsoft Launches YouthSpark in India
Source: Microsoft
Wednesday, November 28, 2012 02:35 PM IST (09:05 AM GMT)
Editors: General: Consumer interest, Economy, Entertainment, People; Business: Business services, Education & training, Information technology, Media & entertainment; Technology
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Microsoft Launches YouthSpark in India
New Delhi, Delhi, India, Wednesday, November 28, 2012 -- (Business Wire India) -- -- NGO grants worth $350,000 to empower youth announced
-- Companywide initiative will impact 300 million youth globally in more than 100 countries over the next three years
Microsoft Corporation India Pvt Ltd today gave the first indication of the impact its newly launched global initiative Microsoft YouthSpark, will have in India, announcing the award of cash grants worth 350,000 USD for Indian NGOs for the year 2012-13. Two local NGO's, Aide ét Action and Aga Khan Rural Support Program, were allocated 250,000 USD for the year, in support of their work with youth. The company-wide initiative will aim to create opportunities for 300 million youth in more than 100 countries over the next three years.
The announcement also included the launch of the first YouthSpark centre in Delhi, the first of 10 such centres across the country, that will work with underprivileged youth aged 16 to 24, offering training on basic IT skills, spoken English, personality development and job preparedness. Each centre will focus on one trade led enterprise - like IT-enabled services, retail, hospitality, automobiles etc. - and from each batch of students, a select few will be trained in a simulated set-up, and encouraged to start their own group enterprises. This partnership with Aide ét Action, the first grant installment for which was announced today, will aim to train 80,000 youth over three years. Of these youth, 65,000 will be aided in finding employment, and 15,000 in starting their own enterprises.
The launch of YouthSpark comes as a response to research highlighting that the world's youth faces a new divide - an opportunity divide, which will have a profound impact on their livelihoods. The International Youth Foundation Opportunity for Action report, published in March 2012, showed that nearly 75 million young people worldwide were unemployed in 2011, with 9.9 percent in South Asia. The report documents that about 20 percent of India's population, or about 240 million people, are youth aged 15 to 24 with data from the Labour Bureau of India identifying unemployment rates in India at 3.8 percent.
YouthSpark will build on the company's existing philanthropy programs that empower youth to imagine and realize their full potential by connecting them with greater opportunities for education, employment and entrepreneurship by
1) empowering youth by helping strengthen education and expand digital inclusion;
2) unleashing future innovators by giving youth the inspiration and tools to imagine new opportunities; and
3) helping youth realize new opportunities of employability and entrepreneurship.
These three core objectives will be powered through a number of targeted programs driven through partnerships with governments, non-profit organizations, and businesses aimed at empowering youth to imagine and realize their full potential.
Speaking on-site at the first YouthSpark centre, hosted in conjunction with NGO Aide ét Action in New Delhi, Jean-Philippe Courtois, President, Microsoft International, said, "I am very proud to be part of the launch of this first Microsoft YouthSpark Center right here in Delhi. I am even more pleased that this is the first of 10 such centers we plan across this great country over the next 18 months as we continue to find new ways to help empower our youth to change their world: to be the spark of change. We expect this YouthSpark center will allow 80,000 youth to be trained over three years - of which we expect 65,000 to find employment through placement drives and alliances with potential employers - and 15,000 to start their own enterprises. This is the core goal of YouthSpark: helping youth access a wide range of Microsoft programs with the common goal of supporting and serving young people in their quest for opportunity".
YouthSpark builds on well-established programs such as Project Shiksha, Project Jyoti, BizSpark, Imagine Cup and DreamSpark which together have empowered millions of Indians over eight years. Through Microsoft YouthSpark, the company will dedicate its efforts and a majority of its cash contributions to create opportunities for young people.
"With the Government of India setting the target of skilling 500 million people by the year 2022, nurturing employability and the spirit of entrepreneurship amongst youth has never been more imperative" said Sanket Akerkar, Managing Director, Microsoft Corporation India Pvt Ltd. "Taking a cue from India's proposed 12th Five Year Plan that sees education 'as the single most important instrument of social and economic transformation ', we are trying create effective mechanisms to support organizations that help in skill-building and empower future communities."
More information about YouthSpark can be found on Microsoft YouthSpark Hub, an online space where people can explore and access all of the youth services, programs and resources provided by Microsoft and its non-profit partners.
About Microsoft India
Founded in 1975, Microsoft (NASDAQ "MSFT") is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software - any time, any place and on any device. Microsoft Corporation (India) Pvt Ltd. Ltd is a subsidiary of Microsoft Corporation, USA. It has had a presence in India since 1990 and currently has offices in nine cities - Ahmedabad, Bangalore, Chennai, Hyderabad, Kochi, Kolkata, Mumbai, New Delhi and Pune.
To view the photographs, please click on the links given below:
Jean Philippe Courtois interacts with youth beneficiaries at Aide et Action
Jean Philippe Courtois(centre) and Sanket Akerkar(right) at the YouthSpark launch
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CONTACT DETAILS
Varnica Singh, Senior Management Associate, IPAN Hill + Knowlton Strategies, +91 9971005543, varnica.singh@hkstrategies.com
Gopika Gulati, Senior Management Associate, IPAN Hill + Knowlton Strategies, +91 9871171998, Gopika.gulati@hkstrategies.com
KEYWORDS
CONSUMER, ECONOMY, ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, EDUCATION, IT, MEDIA, TECHNOLOGY
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BWI: DreamWorks Studios in Exclusive Talks to Acquire Feature Film Rights to the International Bestseller The Light Between Oceans
Source: Business Wire
Wednesday, November 28, 2012 10:33 AM IST (05:03 AM GMT)
Editors: General: Consumer interest, Entertainment; Business: Media & entertainment
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(BW)(CA-DREAMWORKS-STUDIOS)DreamWorks Studios in Exclusive Talks to Acquire Feature Film Rights to the International Bestseller "The Light Between Oceans"
Los Angeles, United States, Wednesday, November 28, 2012 -- (Business Wire India) --
DreamWorks Studios has announced that they are in exclusive talks to acquire the feature film rights to M.L. Stedman's debut novel "The Light Between Oceans," it was announced today by Stacey Snider, Co-Chairman and CEO at the studio. Heyday Films' David Heyman ("Harry Potter" series, Gravity) will produce the film adaptation along with Jeffrey Clifford. Rosie Alison, who brought the book into Heyday, will executive produce.
On a remote Australian island in the years following World War I, a lighthouse keeper and his wife are faced with a moral dilemma when a boat washes ashore with a dead man and a two-month-old infant. When they decide to raise the child as their own, the consequences of their choice are devastating.
"M.L. Stedman has crafted a visually stunning and emotionally harrowing love story with a confounding moral dilemma at its center," said Stacey Snider. "We were completely transfixed by the story and instantly imagined it as a sweeping, classic film. David Heyman is an ideal partner to bring Stedman's story to the screen."
"I was deeply affected by M. L. Stedman's powerful and primal story of human choices and their consequences," said David Heyman. "It's a novel which tackles grand emotions, but everything is rooted within an intimate yet universal story of marital and parental love. I am excited to be working with such sympathetic partners in Stacey and the team at DreamWorks."
'I'm both thrilled and incredibly honored that filmmakers of the caliber of DreamWorks and David Heyman are combining their brilliance in plans to bring the book to the big screen," said M.L. Stedman. "I've lost count of the number of readers who have said 'I can't wait to see the novel as a movie!' As a keen film fan, I feel the same."
"The Light Between Oceans" was published in the United States in July 2012 by Scribner and has appeared on both the New York Times and USA Today's bestseller lists, and others internationally, as well as being selected as Amazon's Best Book of the Month for August. It is due to be translated into nearly 30 languages.
Negotiations are being handled by Nick Marston of Curtis Brown in association with Sue Armstrong of Conville and Walsh.
About DreamWorks Studios
DreamWorks Studios is a motion picture company formed in 2009 and led by Steven Spielberg and Stacey Snider in partnership with The Reliance Anil Dhirubhai Ambani Group. The company's recent releases include "Real Steel," starring Hugh Jackman and directed by Shawn Levy, Steven Spielberg's "War Horse," based on Michael Morpurgo's award-winning book and was nominated for six Academy Awards including Best Picture, and "The Help," which resonated with audiences around the country and earned over $200 million at the box office and received four Academy Award nominations with Octavia Spencer winning one for Best Supporting Actress. Currently in theaters is Spielberg's "Lincoln" starring Daniel Day-Lewis.
DreamWorks Studios can be found on Facebook at http://www.facebook.com/DreamWorksStudios and on Twitter at http://twitter.com/dw_studios.
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CONTACT DETAILS
CONTACTS :
DreamWorks Studios
Kristin Stark, (818) 733-9685
KEYWORDS
CONSUMER, ENTERTAINMENT, MEDIA
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BWI: Neeyamo and hSenid has Entered into a Strategic Agreement to bring hSenids HRIS Suite of Products to the Sub-Continent with Mega Reach Out Planned in the Forthcoming NHRD National Conference in Hyderabad on November 29, 2012 to December 1, 2012
Source: Neeyamo Enterprise Solutions (P) Ltd.
Wednesday, November 28, 2012 10:00 AM IST (04:30 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Information technology; Technology
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Neeyamo and hSenid has Entered into a Strategic Agreement to bring hSenid's HRIS Suite of Products to the Sub-Continent with Mega Reach Out Planned in the Forthcoming NHRD National Conference in Hyderabad on November 29, 2012 to December 1, 2012
Chennai, Tamil Nadu, India, Wednesday, November 28, 2012 -- (Business Wire India) -- Neeyamo Enterprise Solutions (P) Ltd., a leading global provider of HRO services and solutions and hSenid Business Solutions (P) Ltd., largest provider human resource information systems in Sri Lanka has entered into a strategic partnership, to bring hSenid's HR suite of products to the Indian and the sub-continental market. The products include on premise HRIS HRM Enterprise and on cloud HRIS People's HR.
The partnership entered with Neeyamo will create a platform for business growth for both the companies as Neeyamo has demonstrated global capabilities in the field of human resource consulting, technology and operations with proven services delivery capabilities in the sub-continent. hSenid has proven systems that will address needs of budget sensitive and functionality hungry large as well as mid and small sized companies. Its products are cutting edge with cutting edge functionalities including support for enterprise mobility and the cloud. It is widely used by customers worldwide with market dominant position in Sri Lanka (more than 80% of the companies using HRIS uses its products there).
Commenting on the relationship, Neeyamo's CEO Ashok Bildikar said, "While Neeyamo is a technology an agnostic service provider; it is always looking at opportunities to provide its customers with a platter of technology options that are cost efficient and cutting edge. hSenid's suite of product and our strategic collaboration with it on localization effort offers just that".
"The solutions that we provide to local companies, would have far reaching benefits, in terms of efficiency and cost effectiveness", hSenid Founder and CEO, Dinesh Saparamadu said. "We were looking for a strong partner who would be interested in widening the Asian footprint. Neeyamo is the choice partner and we have been working with them for the past three years and we expect to further strengthen our relationship," he said.
"We plan to have a strong footprint in the Asian sub-continent by providing alternative HR solutions" Rangarajan Seshadri, Vice President of Neeyamo said. "We are having a dedicated booth at the Exhibition Hall and will have the product experts to demonstrate and talk about these product functionalities" Rangarajan added.
Neeyamo is focusing on expanding its presence in key geographies including North America, Western Europe and APAC markets. Much of this expansion is expected to be serviced out of this global delivery centers in Philippines and India. This partnership will further enable its objective.
About Neeyamo
Neeyamo Enterprise Solutions (P) Ltd. is a global provider of end-to-end Human Resources Outsourcing (HRO) services specializing on providing HR IT, HR Consulting, and HR Operational services. It offers HRO services on proven best-of-breed technology platforms and delivers them using a global delivery model ensuring customer proximity and local law compliances. Neeyamo has a unique delivery model for its HR service offerings to meet specific market requirements. Its service lines cover entire pre-hire to post-retire employee life cycle. To learn more, visit www.neeyamo.com .
About hSenid
hSenid Mobile Solutions (HMS) is a HRIS developer, IT consulting and services firm, specializing in Service Delivery Platform (SDP), middleware and integration reaching out in Telecom, Financial and Enterprise markets. hSenid develops state of the art HRIS applications which cater to all HR and Payroll needs of any industry, be it medium or large scale organizations. hSeind's approach improves the efficiency of management by automating all processes, thus moving into a paperless environment. Applications are developed on client-server, ASP architecture, which provides a customizable, flexible, and smooth functionality in any client preferred environment. hSenid is the Official Partner and HR Solution Provider for Melbourne Stars. To learn more, visit www.hsenid.com .
CONTACT DETAILS
Irene Jones, HRO Evangelist, +1 408-370-3792, irene.jones@neeyamo.com
KEYWORDS
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY
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Tuesday, November 27, 2012
BWI: Non Invasive Technology for Checking Cancer Treatment Gains Ground
Source: AceProbe
Tuesday, November 27, 2012 06:01 PM IST (12:31 PM GMT)
Editors: General: People; Business: Business services, Healthcare, biotechnology & pharmaceutical; Technology; Healthcare
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Non Invasive Technology for Checking Cancer Treatment Gains Ground
AceProbe Technologies (India), committed to provide cutting edge solutions
Hyderabad, Andhra Pradesh, India, Tuesday, November 27, 2012 -- (Business Wire India) -- Leading scientist and doctors shared latest advancement in technology that allows monitoring cancer without biopsy at the Centre for cellular and molecular biology, Hyderabad, (CCMB) a constituent national laboratory of CSIR, today concluded the international symposia commemorating its silver jubilee year.
Monitoring the Cancer, which is emerging as the largest killer across the globe and has also overtaken the heart disease in countries, has always been a challenge.
Analysis of your urine or a biopsy of a suspicious area, to help guide the therapy decisions is the most common current resort. With the exception of blood cancers, the methods generally can't absolutely tell whether you have cancer or some other noncancerous condition, but they can give your doctor clues about what's going on inside your body.
Early detection and sensitive techniques that could help detect the deadly disease remain to be the game changers in the healthcare for cancers across the globe.
The three day symposia was attended by the eminent speakers from world over to include Dr. Charles Cantor, Chief Scientific Officer, Sequenom Inc., USA who remembers coming to India twenty five years ago at the time of inauguration. Late Shri, Rajiv Gandhi, the then prime minister of India dedicated CCMB to the nation.
Dr. Charles R Cantor, an invited speaker at the meeting concluded his talk and shared the latest advancements in technology and techniques offering a potential to be able to help develop and validate DNA markers that could offer the most sensitive detection of the cancers in the Human body in a non-invasive manner.
Biopsy procedures that incorporates removal of a piece of tissue or a sample of cells from your body so that it can be analyzed in a laboratory, continues to pose challenges along side concerns associated with it such as risk of infection, allergy or even unexpected bleeding.
Dr. Cantor also shared the significant progress the Sequenom company had made alongside the recent recommendations and opinion, The American College of Obstetricians and Gynecologists with regards to non-invasive prenatal testing using cell-free fetal DNA that can be offered to patients at increased risk of aneuploidy - a decision that is favorable to firms such as Sequenom.
In India AceProbe Technologies (India), headed by Dr. Puneet Chandna, a channel partner for Sequenom has been committed to provide cutting edge solutions for an informed heath care through its technology and initiatives is gearing to take up this new challenge and is prioritizing to collaborate with leading research centers in India to help decipher this most recent advances to enable better healthcare and diagnostics.
Worldwide, the technology has widely been validated as an important tool for investigations in a clinical setting across pathways of cancer, cardiovascular diseases, pre-natal disorders and is extremely useful in infectious disease applications of identification and detection of viruses and bacteria. Centers such as Dana Faber, Roswell Park, Memorial Sloan Kettering Cancer Centre, Mayo Clinic etc. are some of the first to embrace the technology.
Going forward, are in the process of validation & completion - a wide range of the assays for Cardiology, Oncology, Infectious diseases, Nutrition and others Genetics Disorders to be unveiled, to suit India's large population size, complex demographic history, and unique social structure.
About Sequenom
Sequenom, Inc. (NASDAQ: SQNM) is a life sciences company committed to improving healthcare through revolutionary genetic analysis solutions. Sequenom develops innovative technology, products and diagnostic tests that target and serve discovery and clinical research, and molecular diagnostics markets. The company was founded in 1994 and is headquartered in San Diego, California.
About AceProbe
AceProbe a life sciences company has been diligently working towards its mission to develop genetic solutions that are evolving as paradigms for futuristic medicine in their role for comprehensive disease detection and informed treatment, ushering in a new era of predictive, preventative and affordable health care. AceProbe solutions include customized, validated assays and panels to support Cardiology, Oncology, Infectious Diseases & Nutrition amongst others that are in its expansion portfolio.
CONTACT DETAILS
Manoj Sharma, +91 9811135420
KEYWORDS
PEOPLE, BUSINESS SERVICES, HEALTHCARE, TECHNOLOGY, HEALTHCARE
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