Bangalore: Infosys today announced that its Finacle core banking solution running on an Oracle SuperCluster engineered system has set new global benchmarks for the number of transactions processed across key banking functions.
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Worldwide software market grew 4.8 percent in 2013: Gartner
Bangalore: Worldwide software revenue totalled $407.3 billion in 2013, a 4.8% increase from 2012 revenue of $388.5 billion, according to Gartner, Inc. The developed geographies were the primary growth drivers offsetting the relative sluggishness in emerging markets.
Read MoreKerala IT companies explore Europe to revive biz opportunities
Trivandrum: Kerala IT companies are all set to accelerate business in the European market which showed good signs of recovery after a quiet period of close to five years. This emerged after the visit of the Kerala IT delegation to the European Union that concluded last week. The 35 delegate companies between them received more than 500 enquiries for IT products and services during the visit.
Read MoreGermin8 raises $3 million venture funding from Kalaari Capital
Mumbai: Germin8, a Big Data analytics company, has raised USD 3 million in Series-A funding from Kalaari Capital. The funds will be used to strengthen Germin8’s position in India through increased sales and marketing, and fuel its foray into international markets. A significant portion of the funds will also be deployed for R&D and new product development.
Read MoreInfosys implements Oracle-enabled finance programme for SITA
Bangalore: Infosys has announced that it has successfully delivered a Strategic Financial Systems (SFS) programme for SITA, one of the world’s leading specialists in air transport communications and IT solutions. The award-winning SFS programme is one of the most geographically complex ERP-enabled finance transformations ever undertaken.
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