Jan 15, 2009

Share your Work to the World

Hi Folks,
A new idea which I like to share with you all Guys, correct me if we can do better.
The idea is to help other Folks in any means we can do.And I created this blog for the same.

1. We can share the docs [general - not confidential to any institute/company etc.] which helps other people in preparing their six months synopsis.This will give a bigger picture of thinking if Folks have different doc for the same, and they can come up with new ideas.

2. People doing assignment at the college level, this can be documented and can be shared so that rest of the world can see the software we can make. (If people are interested I can provide space for sharing the same, also If you like to share your own you can go ahead, there are multiple sites which providing upload of code and stuff etc.)

Hope people will coming forward in this regard.
Thanks

Jan 2, 2009

Job slump? companies to hire 2,50,000 in the next few months

At last a news to cheer about it, Quoting from Economics Times also published in mail today on 2nd Jan 09 -

There is good news for job seekers, with the companies planning to hire more than 2,50,000 new employees over the next months -- making the new year a welcome change from the gloom of 2008 in the job market.

While the proposed over 2.5 lakh hiring is mostly for the financial services industry, the industry experts believe that the overall job market scenario is also set for a recovery in the second half of the year.

Topping the list of the companies planning to hire big include public sector banking giants like State Bank of India and Punjab National Bank as well as insurance firms such as Anil Ambani group's Reliance Life, SBI Life, Metlife, Max New York Life.

Even some BPOs and healthcare firms like ACS and Accentia are planning to hire thousands of people in the coming days.

The proposed hirings include more than one lakh of full- time employees and about 1.5 lakh in the part-time positions with the insurance companies.

Among other sectors, manufacturing and export-oriented businesses are, however, likely to continue to witness some pressure in the next few months, after huge job losses seen during 2008.

HR consultancy major Hewitt Associates believes that sectors like insurance, telecom (where new licensees are entering), infrastructure and Special Economic Zones may look for fresh hirings in 2009, being the major beneficiaries of the government's stimulus plans.


However, the hiring outlook remains uncertain for sectors like real estate, textile and retail sectors, it believes.

Source: The Economic Times

Top 10 predictions for domestic IT/ITES market

The domestic Indian IT/ITeS market will grow at 13.4% in 2009, the slowest since 2003, according to intelligence firm, IDC India. The forecast suggests that important structural changes, taking place on the back of a global economic meltdown, will propel a new 'market order' in the domestic Indian IT/ITeS industry.

This new 'market order', termed as Growth Phase 2.0, will be quite different from the earlier phase, Growth Phase 1.0 (2003-08), during which the domestic market witnessed unprecedented growth, nearly tripling the market size from Rs. 34,000 crore in 2003 to Rs.1,01,031 crore in 2008, a CAGR of over 24%.

The India Domestic IT/ITeS Market Top 10 Predictions for 2009 are as given below:

1. Slowdown to accelerate IT/ITES market transformation from growth phase 1.0 to growth phase 2.0
2. India to be the fastest growing market in APAC
3. IT optimization technologies adoption and usage to grow
4. Telecommunications sector it spending growth will be fastest
5. The outsourcing services market will move towards consolidation in favour of larger players in 2009
6. Experimentation with 'cloud computing' model will increase but will not become mainstream in 2009
7. The stage would be set in 2009 for new channel forms to evolve
8. Consumer 2.0 elusive! delay in orchestration of content, convergence and connectivity
9. Enterprises to look at an integrated security approach, revamp their business continuity plans
10. Global it growth will be halved

Source: The Economic Times