6fusion International Partners with India Compute Interchange

New Delhi, India, Aug 20: 6fusion International today announced the formation of 6fusion Online India Pvt Ltd in conjunction with India Compute Interchange (ICIx), the financial marketplace for India to trade compute resources.

6fusion standardized the economic measurement of IT infrastructure and cloud services, which provides IT economic transparency to the global market. 6fusion’s technology, the Workload Allocation Cube (WAC) is the industry’s standard for IT economic measurement, allowing an “apples to apples” comparison regardless of technology, vendor, or platform.

With 6fusion’s UC6 Platform, organizations can view and manage the Total Cost of Consumption (TCC) of their business services in real time and achieve a higher level of cost optimization, forecasting accuracy and business agility.

The new company, 6fusion Online India Pvt Ltd, headquartered in Vadodara, Gujarat, will be focused on servicing the needs of the growing Infrastructure as a Service (IaaS) market in India and will enable Enterprise Organizations, Government Agencies, and Cloud Service Providers to take advantage of the Workload Allocation Cube (WAC), to benchmark, measure and efficiently transact compute resource power in the Indian marketplace.

“We have only started to scratch the surface of the ‘Cloud’ in India” said ICIx Director, Hemal Mewada. “Benchmarking, measuring and eventually being able to transact IT Infrastructure in a transparent, open market is a reality and 6fusion Online India is the last piece of the puzzle needed to make India the envy of the digital world.”

“From an operations standpoint, with 6fusion Online India, ICIx has everything to help fulfill Prime Minister Narendra Modi’s vision of ‘Make in India’, ‘Digital India’ and, by assuring green power transactions, ‘Green India’," he added.

Sahil Shah, 6fusion India Chief Operating Officer says, “6fusion Online India’s tools and technology, coupled with the capital efficiencies provided by ICIx, will help prepare the digital foundation for the future of India by providing an efficient marketplace for the cloud and its users.”

“We believe 6fusion Online India Pvt Ltd and ICIx in partnership will be instrumental in assisting Prime Minister Modi's vision of being able to provide Compute Resources to every person in India as a utility," he added.

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Syntel named in Gartner Hype Cycle for Application Services

Mumbai, August 20, 2015 – Syntel, Inc. (Nasdaq:SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced that it has been identified as a sample vendor in the Gartner "Hype Cycle for Application Services, 2015" report.

Syntel was named in the Application Modernization Services category, which Gartner defines as “activities offered by service providers preserve and extend the useful life of enterprise applications and to modify underlying infrastructure to achieve desired IT or business outcomes.”

Syntel’s suite of end-to-end application modernization solutions includes modernization consulting, re-architecture, application re-engineering, transcoding, replication, UI modernization and ecosystem migration services. Syntel’s approach to legacy migration focuses on enabling clients to embrace the digital paradigm by combining the power of existing legacy investments with the next generation of digital development capabilities.

Syntel’s modernization services are driven by the Exit Legacy portal, a cloud-based modernization platform that provides a complete suite of tools, accelerators and reporting capabilities to enable a fast, low-risk, automated transition from Legacy to modern technologies.

Developed by Syntel based on its experience with complex migration projects, Exit Legacy provides complete lifecycle support for analysis and migration projects and delivers migrations as much as 30% faster, and an estimated 35% cost reduction over traditional migration techniques.

Syntel was also named by Gartner in the Application Testing Services category, which, according to the report, “is a comprehensive term used to capture all types of validation and verification services for the purposes of application quality control and quality assurance.”

Syntel’s approach to application testing services is driven by SyntBotsTM, a next-generation automation platform. SyntBots can automate infrastructure, application and UI elements across a variety of platforms, including Mainframe, web, desktop, virtualized servers, network, storage, cloud and mobile.

One of the key features of the platform is SyntBots for DevOps, an end-to-end continuous delivery solution that manages application services from environment provisioning through application validation and deployment, enabling clients to adopt Agile testing techniques that are well suited to digital initiatives.

SyntBots for DevOps includes several innovative test automation features, including a test design accelerator, automated code reviews, a “Shift Left” framework for Quality Assurance, and a suite of accelerators for automated functional, regression and UAT testing. The result is a reduction in defects, higher code quality, reduced cost of ownership, and a significant improvement in “first time right.”

Syntel leverages the SyntBots automation platform to deliver “always on” service for change the business initiatives and run the business operations, enabling clients to execute transformation programs while reducing cost.

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ITM University, Gurgaon organizes National Workshop on MEMS Design, Technology & Application

To give its students important insights into developing application-specific devices and systems for health care, defence and space sectors of the country, ITM University, Gurgaon in collaboration with IIT Delhi conducted a three-day National Workshop on ‘MEMS Design, Technology & Application’.

A collaborative research and development project, the workshop, sponsored by Department of Electronics and Information Technology, Govt. of India, was coordinated by Dr. Bharti Arora, Deputy Dean RDIL at ITM University, Gurgaon and Dr. Madhusudhan Singh, Associate Professor, IIT Delhi.

Micro-Electro-Mechanical Systems, commonly known as MEMS, is a frontier technology being used development of very small devices. MEMS technology is used in general domains like Automotive, Consumer, Industrial, Military, and Biotechnology.

The workshop was inaugurated by keynote speaker and chief guest Dr. R Muralidharan, Director, Solid State Physical Laboratory, Defense Research and Development Organisation (DRDO). The plenary session of the workshop was chaired by Dr Surinder Singh, Director, Semi-Conductor Laboratory, Chandigarh, India’s cutting-edge ISRO research lab.

“At ITM University, we strive to provide students the best of exposure. Such workshops give students the opportunity to interact with others and gain more exposure through exchange of ideas and experiences. Frontier technology like MEMS helps students get acquainted with hi-end technologies. Our initiatives are useful for the students in polishing both their academic as well as professional skills,” said Prof B. S Panwar, Vice-chancellor, ITM University, Gurgaon.

The workshop was attended by a large number of students and faculty of ITM University, Gurgaon in addition to participation from students and faculty members from various other colleges from the Delhi NCR region. Topics like multifunctional sensors and conventional MEMS sensors along with its associated technology and applications were discussed during the workshop.

Lectures were delivered by eminent Speakers of IIT Delhi and other colleges. The workshop opened avenues of further interaction by using the expertise of each organization on design and simulation and technology.​

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DineDesk named “Hot100 Technology Company of 2014”

Ahmed Sharief, Dine Desk Director receiving the Hot100 Technology award

DineDesk named “Hot100 Technology Company of 2014”

Mumbai, Maharashtra, India DineDesk has been named a Hot100 technology company by CIO-Choice in their annual awards ceremony held in December.  The prestigious 2014 award is presented in association with KPMG, Microsoft Ventures, Amazon Ventures and Netmagic.

  “We are proud to win this honoured title of Hot100,” said Clyde Vassou, Marketing Manager of DineDesk. “It showcases our excellence in innovation in restaurant technology and it recognizes our hard work in building a scalable company.”

DineDesk offers an Online Reservations, Marketing, Guest and Table Management solution for restaurants. Using DineDesk, a restaurant can receive reservations from Facebook, its own Website, and partner websites. The built-in CRM, Table Management and Guest Management systems assist in seating guests, managing wait lists, and tracking guest preferences and other information, such as allergies.

“Our team has put a tremendous amount of work into creating the DineDesk suite of tools,” said Bob Lawson, CEO of Dine Desk. “It is an honour to have an outside authority validate the quality of this work.” 

DineDesk also offers restaurants online marketing tools that can be used to promote a restaurant, including special offers and seasonal menus. Marketing options include social media, email marketing and SMS marketing. Restaurants can use DineDesk on a tablet, mobile phone, laptop, desktop, or any other Internet enabled device. No special hardware or software is required to use the cloud-based system.

DineDesk received the award at an event that showcased leading technology companies developing solutions for the “Internet of things,” such as wearable technologies, and software as a service solutions that leverage cloud computing for various business verticals.

Anoop Mathur, President of CORE, said: “I congratulate DineDesk on winning the elite tag of being Hot100. We had 60 days of campaigning with 26 Jury members to select the winners, who truly deserve the badge of honour. Selection was made based on a company’s technological innovation, team strength, opportunity size, and product value proposition. The Hot100 Awards measures business achievement across the board, championing innovation, enterprise and the people behind the company.” 
 

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CA Study Reveals Enterprises in Asia Pacific and Japan are Most Impacted by the Application Economy

CA Study Reveals Enterprises in Asia Pacific and Japan are Most Impacted by the Application Economy

94% of Line of business executives face increased pressures to launch new applications faster

CA Technologies (NASDAQ:CA) today unveiled an Asia Pacific and Japan (APJ) study which revealed that APJ enterprises are most affected by the Application Economy, compared to enterprises in the Americas and Europe, Middle East and Africa (EMEA).

More than half of the APJ senior IT and business leaders surveyed (APJ:57%; Americas: 46%; EMEA: 45%) are seeing a significant impact of the application economy on their industry, and 53% (Americas: 45%; EMEA: 35%) are already experiencing the effects on their own organization.

While enterprises across APJ recognize the impact of the application economy, less than half of the respondents (49%) felt that they are very or highly effective in responding to it. Security concerns (41%) and budget constraints (36%) were cited as the biggest obstacles.

To better cope and meet the new demands of the application economy, enterprises in APJ are taking the following steps:

- Increasing investments by an average of 18% over the next five years

- Acquiring software companies to add development capabilities - 38% have made a software acquisition or plan to in the next year

- Delivering an average of six customer applications in the past year– 42% developed four or more customer applications

The Line of Business (LOB) executives in APJ are also feeling the pressure of the application economy. An overwhelming 94% of them are facing increased pressure to release applications more quickly due to customer demand (58%) and competitive pressures (65%).

Despite the rapid rate of application delivery (average of six customer applications and six internal applications delivered in the past year), only 15% of LOB executives are completely satisfied with IT's speed in delivering new applications or services. As a result, 82% of enterprises surveyed have adopted or are planning to adopt DevOps to increase application delivery.


“As it was at the advent of the Internet Age where websites became ubiquitous, today, applications have become fundamental to every business that wants to survive and thrive in the application economy,” said Kenneth Arredondo, president & general manager, Asia Pacific & Japan, CA Technologies. “In a hyper-connected region like APJ, applications are redefining customer interactions and spearheading business growth initiatives. This study has shown that IT decision makers in APJ are acting quickly to better respond to customer demands and rapid advances brought on by the application economy.”

The Application Divide in APJ

The study also identified a set of “Leaders” and “Laggards” in the application economy. By embracing the application economy, the “Leaders” in APJ are distinctly outperforming the “laggards” in all key business metrics, creating an application divide in APJ.

According to the study, “Leaders” are growing revenue more than four times and profit more than three times the rate of “Laggards”. “Leaders” are also experiencing more than double of the business coming from new products and services than their “Laggard” counterparts.

“Leaders” in APJ are deploying several technologies and processes in order to survive and thrive in the application economy. Here are some key findings:

- 43%of the “Leaders” have adopted DevOps methodologies and technologies to speed application delivery compared to only 4% of the “Laggards”.

- “Leaders” are spending more on security compared to “Laggards”. One-third of all IT spending is expected to be spent on security in three years by the leaders.

- "Leaders" manage IT as a business and report better overall IT performance. They are far more likely to frequently use software tools to manage IT as a business.

- More than two-thirds (69%) of the "Leaders" a readopting mobility as an enterprise-wide strategy versus 14% of the “Laggards”, with clear evidence of increased customer satisfaction and faster time-to-market.

Survey Methodology

650senior IT and business leaders from financial services, healthcare, manufacturing, retail telecommunications and media / entertainment in six markets in Asia Pacific and Japan, namely Australia, China, India, Japan, Korea and Singapore, participated in the CA Technologies-sponsored study conducted by Vanson Bourne. This is part of a global survey involving nine other countries in the Americas, and EMEA. Click here to download the whitepaper and learn more about the research.

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Steria and Raincode join forces in a privileged partnership

Steria and Raincode join forces in a privileged partnership

Steria, a leading provider of end-to-end IT-enabled business services, and Raincode, a leading supplier of programming language analysis and transformation tools, announced today a new partnership to offer strong IT services for customers who have chosen to implement Raincode’s technological stack.

In the context of Steria’s Global Legacy Modernization offer “RightModernization”, Steria and Raincode have built a privileged partnership to promote and deploy Raincode’s rehosting stack to customers considering legacy modernization towards a Microsoft environment as a strategic option.

The Raincode stack adds technological value to this offering as it consists of a comprehensive solution to move legacy systems off the mainframe and re-host them in a homogeneous Microsoft environment & infrastructure.

This additional stack helps reduce costs, improve flexibility and secure the future evolution of the modern IT landscape in terms of current disruptive IT trendslike mobility and cloud. Applications (COBOL&PL/I) can be migrated automatically, and moreover, the Microsoft Visual Studio plugin provides a comfortable and productive development environment to facilitate application evolutions directly using the target technology, .NET.

In combination with Steria’s end-to-end IT services capabilities, from applications and data totesting andinfrastructure, modernization projects will be executed withrobust project management and governance, integration and deployment expertise.

Darius Blasband, Raincode CEO: “Some legacy computer applications have technical dependences and run on systems and infrastructures that are now or will soon be unsupported. These applications are critical to the business core activities and must be updated. Raincode’s role is to migrate these applications onto more robust, modern and supportable environments. We are pleased and honored to work with Steria, with whomwe share values of creativity, openness and respect.”

Philippe Calvet, Steria Group – Service Lines Director: “We are happy to count Raincode among the privileged partners of our “RightModernization” offer. This partnership will be a catalyst for companies searching to move away from legacy mainframe environments and willing to adopt standard Microsoft technologies. The solution created by Raincode will not only enable our clients to save money but will get them ready to adopt current and future IT paradigms. The joint forces of a global integrator like Steria, offering end-to-end IT services, and Raincode, will prove to be key to unlocking business value for our customers.”

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Zoho Announces Zoho.in for India

Zoho Announces Zoho.in for India

At Zoholics: India, company launches a free software package for businesses in India; Announces future plans on hosting in India

Zoho Corp., the leading IT product company from India, today announced the launch of Zoho.in, a suite of applications for companies to run their entire business on Zoho. Zoho is offering this package free exclusively for Indian businesses.

Included in the package is an offer for Indian businesses to register a free .in or .co.in domain, a flexible website creation application in Zoho Sites, Email Hosting application in Zoho Mail and Document Management and Office suite apps in Zoho Docs, as well as several mobile applications that accompany these web applications.

Additionally, Zoho also announced plans to open a data center in India to serve Indian businesses.

The Zoho.in package is free for the first 25 users in a business. Up to 25 users can get free business-class email accounts in Zoho Mail. Businesses can create unlimited websites using Zoho Sites' drag-and-drop interface. Zoho Docs, the document management application which allows businesses to share and collaborate on documents is available for free for unlimited users in a business. The mobile applications in the package include Zoho Mail, Zoho Docs, Zoho Writer and Taskz, and these are available on both iOS and Android.

Zoholics: India
Zoho is organising its first Zoholics event in India on Nov 20-21, in Bengaluru. Spread across two days, the event will focus on Zoho sharing its journey on becoming the largest IT product company from India. The company will also talk about how India is moving towards the next-gen product development hub and how a product company can be built from scratch in India.

Zoholics: India will cover several interesting sessions, challenging the startup community to think out-of-the-box, to make a difference. Delivering the keynote session will be Sridhar Vembu, CEO and Founder, Zoho Corp., who will talk about breaking all rules to drive exceptional innovation.

Sridhar Vembu, CEO & Founder, Zoho Corp. said, “Innovation happens through exception. Rules codify normal behaviour. Thus, being exceptional entails that rules be broken. Something that cannot be ignored are India's micro, small and medium size businesses which have seen unprecedented growth over the last decade. Additionally, starting tomorrow, we will be giving .in and .co.in domains for free to Zoho customers along with several essential applications to run your business, giving emerging companies the much-required introduction to the cloud.”

Raju Vegesna, Chief Evangelist Zoho Corp. said, “Zoholics: India is all about us sharing our journey through the years. The road wasn't without bumps, resilience and reinvention are the enduring values that outlive others. Then, the world became flat and provided global access to all. Now it's tilting in our favour. Indian companies are at an inflection point and have access to a large pools of young talent with the creativity, flexibility, and experience that is unmatched. At the event, we plan to highlight the upcoming opportunity in India.”

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“IoT’s Extreme Innovation: A new Service Architecture”

“IoT’s Extreme Innovation: A new Service Architecture”
iYogi releases whitepaper on the new monetization opportunities for the Internet of Things

Amsterdam, Netherlands

Today, at the ninth-annual CONNECTIONS ™ Europe: Monetizing Strategies for the Connected Home, hosted by Parks Associates, 18-19 November, iYogi released a whitepaper titled: “IoT’s Extreme Innovation: A New Service Architecture”. The whitepaper can be downloaded from http://www.digitalservicecloud.com/white-paper/iot-extreme-innovation.html. The whitepaper discusses how the digital home opens up a range of new opportunities for service providers, and lists the five best practices that can unlock the revenue potential from IoT related services.

Speaking at the event, Sandeep Kalsi, CMO, iYogi – Digital Service Cloud said, “The extreme innovation that the Internet of Things enables, isn’t really about the things or the devices, but about the service opportunity it creates. Digital Homes is one area that presents tremendous potential. The devices that hold the intelligence within a home are usually hidden and inaccessible to the homeowner. Extracting that intelligence and using it in the right manner to create valuable services for the homeowner is a services gold mine waiting to be explored.”

The whitepaper cites the five best practices to stimulate IoT revenues for service providers:

1. Establish and maintain long-term relationships that work to the benefit of the customer and create new revenue opportunities for service providers. Adopt new ways of thinking about the customer to deliver a steady and continuous stream of services over the long term.
2. Mine and leverage customer-specific big data by going beyond the obvious and finding the small pools of highly meaningful data that tells providers exactly what their customers need, often before the customers know it themselves.
3. Engage in new ways of selling by shifting the focus from purely making a sale, to considering services as revenue generators that make up a larger percentage of total income.
4. Ensure that customer relationships take on a different character by reducing the dependencies on the personal abilities of the relationship manager, and relying more on big data to identify the satisfaction drivers for customers.
5. Stay focused on innovation and move to the next phase of IoT development, which is less about products and directly associated services, to the additional layer of services that are now the primary product.

 About Digital Service Cloud

Digital Service Cloud is a unified IoT customer management platform that intelligently monitors, services and manages heterogeneous devices, enabling service providers to manage large-scale customer service deployments and redefine end-user experiences. Digital Service Cloud empowers telcos and service providers to transform service delivery, enhance the customer experience and generate new revenues through support automation. We partner with global brands, major service delivery platforms, software companies and service providers.

Website: http://www.digitalservicecloud.com/

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High-Growth Datacenter Sector Drives Indian Rack and Rack Options Market, notes Frost & Sullivan

High-Growth Datacenter Sector Drives Indian Rack and Rack Options Market, notes Frost & Sullivan

Technology adoption among small and medium-sized businesses also spurs demand
The boom in information processing and data transfer activity in India has been encouraging investment in datacenters. Small and medium businesses/enterprises (SMBs/SMEs) in the country have been in expansion and transition mode. As information and communication technology (ICT) will play a vital role in their continued growth, captive and hosted datacenters are expected to account for a substantial portion of IT spending. This in turn will fuel demand for rack and rack options. In fact, the market prospects of rack and rack option suppliers will only brighten over the next five years as the Indian datacenter market gains momentum owing to steady domestic and international demand for IT services.

New analysis from Frost & Sullivan, India Rack and Rack Options Market, finds that the market earned revenues of INR 6.59 billion in fiscal year (FY) 2014 and estimates this to reach INR 10.31 billion in FY 2019. The study covers the end-user segments of datacenters, telecom, and SMEs/SMBs.

“With the increase in data usage among mobile users and rising tenancy ratio of towers, telecom infrastructure providers across India will also find use for rack and rack options,” said Frost & Sullivan Energy & Environmental Industry Analyst.

Nevertheless, the slow replacement rates of racks have contained the market’s pace of development. As a result of technical advancements in the components and raw materials used to manufacture racks, these products last for 15 years. Hence, end users rarely have to replace or upgrade rack units, a trend which has depressed market participants’ overall revenues.

The profitability of rack and rack option suppliers across India has also suffered due to the price sensitivity of the market, caused partially by the presence of a large number of unorganized suppliers in the country. Since the degree of technical change and product innovation are low in the market, the barriers to entry are also low and thus market competition is intense. Unorganized suppliers with sheet metal production capacities tend to offer basic racks at more affordable rates than organized suppliers, eroding the bargaining power of organized suppliers.

“Once new players enter the market, and technological development and product portfolio diversification gain pace among existing rack suppliers, competition will become even stiffer,” noted the Analyst. “Rack and rack option suppliers across India should position themselves as one-stop solution providers, who sell products ranging from power distribution units to cooling and management software, to succeed in the market.”

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an e-mail to Ravinder Kaur/ Priya George, Corporate Communications, at ravinder.kaur@frost.com/ priyag@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

India Rack and Rack Options Market is part of the Power Supplies & Batteries (http://www.powersupplies.frost.com) Growth Partnership Service program. Frost & Sullivan’s related studies include: Competitive Strategies Benchmarking in Data Center Physical Infrastructure Industry, Global Programmable Direct Current (DC) Power Supplies and Electronic Loads Market, Global Industrial UPS Market, and European Rack and Rack Options Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

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IILM Undergraduate Business School’s Sixteenth Graduation Ceremony

IILM Undergraduate Business School’s Sixteenth Graduation Ceremony

IILM Undergraduate Business School New Delhi had their Sixteenth Graduation Ceremony for the graduating students of BSc. (Honours) in Business & Management Studies in collaboration with School of Management, University of Bradford at the IILM Lodhi Road campus on 14th November 2014.

Professor Brian Cantor, Vice Chancellor, University of Bradford, presided over the Ceremony and awarded Degrees to the graduating students. Mrs. Malvika Rai, Chairperson, IILM presented Dr. Kulwant Rai Gold, Silver and Bronze medals to the meritorious students.

Dr. Vandana Srivastava, Director, IILM Undergraduate College welcomed Vice Chancellor Cantor University of Bradford to IILM and highlighted the long partnership between IILM-UBS and University of Bradford. This partnership has imparted quality education to more than sixteen hundred students in the field of business and management studies since the induction of our first batch in 1996.

Dr Vandana added that “90% of the students who come to IILM College have had a family member or a close friend who is an IILM alumni and strongly recommended the IILM experience to his / her siblings and friends“. In April 2013 IILM was accorded the prestigious SAQS Accreditation by the Association of Management Development Institution in South Asia (AMDISA).

Dr Srivastava further informed that in September 2013 IILM was inducted as a champion business school by the United Nations Global Compact PRME Initiative. Only 30 B-schools from all over the world have been given this status and IILM is the only business school from India.

In his address Professor Cantor advised the students not to undervalue and underestimate themselves and believe in their ability to make things happen. “Decide what you want to do. Make sure it’s worth doing. Make sure it’s what you really want to do. And then go for it. You may not get too many chances.”

Professor Cantor congratulated the graduating students and their families, and wished them success in life.

School of Management, University of Bradford is triple accredited by European Quality Improvement System (EQUIS), Association to Advance Collegiate Schools of Business (AACSB) and Association of MBAs (AMBA), often referred to as the "Triple Crown".

IILM Undergraduate Business School established since 1996 is one of the most prestigious Business Schools in the country today.

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CA Technologies Shows Continued Commitment to Giving Back at CA World ‘14

CA Technologies Shows Continued Commitment to Giving Back at CA World ‘14  
Promoting STEM Learning and Assisting Communities in Need Around the Globe

CA Technologies (NASDAQ: CA) will demonstrate its continued commitment to giving back at CA World ’14 event at the Mandalay Bay Resort & Casino in Las Vegas, Nevada (November 9-12). In addition to supporting communities in need around the globe, CA Technologies is committed to advancing science, technology, engineering and math (STEM) learning for underserved youth.

“As a software company, CA Technologies has a clear and vested interest in advancing STEM education. Our goal is to help students realize their untapped potential and encourage the next generation of IT leaders,” said Erica Christensen, Vice President, Corporate Social Responsibility, CA Technologies. “Here at CA World, we are able to show young people the real world application of these subjects and give them the opportunity to engage with CA employees and other experts who are applying STEM subjects every day.”

CA World ’14 charitable activities will include:

Monday, November 10

Tech Girls Rock Activity with Boys & Girls Clubs of America

 In partnership with Boys & Girls Clubs of America (BGCA) and Boys & Girls Clubs of Southern Nevada, CA Technologies will host a Tech Girls Rock activity to inspire tween and teen girls to pursue STEM-related educational opportunities and careers. Approximately 20 girls from local Las Vegas BGCA clubs will participate. Following the workshop, participants will have the once-in-a-lifetime opportunity to meet NBA Hall of Famer and BGCA Alumni Hall of Famer Magic Johnson.

“Since 2011, Boys & Girls Clubs of America has partnered with CA Technologies on Tech Girls Rock, an initiative to encourage young women to consider educational opportunities and careers in IT,” said Brian Knudsen, President and CEO, Boys & Girls Clubs of Southern Nevada. “Our Boys & Girls Club is honored to partner with CA Technologies to advance how females view STEM careers. CA World is an exciting place to show girls from the Las Vegas area how real and promising a future in a STEM field can be.”

Monday, November 10 - Wednesday, November 12

Charity Challenge Brain Drag Race Game

CA World attendees will have the opportunity to participate in an Emotiv electroencephalography (EEG) Brain Drag Race Game and have their wagers matched by CA Technologies. Proceeds will benefit Medic Mobile, which advances global healthcare through mobile technology.

“The importance of mobile technology is paramount not only in education, but also in health,” said Josh Nesbit, CEO, Medic Mobile. “Through support from CA Technologies, we will be able to reach even more people through our mobile and web tools that help health workers provide better care to those who need it most."

Wednesday, November 12

Company Supports the Advancement of STEM Learning in Las Vegas Schools via Donation at CEO-Led Bike Ride

To help wrap up CA World, Mike Gregoire, CEO, CA Technologies, will lead a bike ride through Red Rock Canyon. CA Technologies will donate $50,000 on behalf of the 60 riders participating to DonorsChoose.org. The funding will be allocated toward STEM focused teacher requests in Las Vegas. DonorsChoose.org is an online charity that makes it easy to help students in need through donations for classroom projects. Through the CA Technologies “Double Your Impact” STEM Campaign, the company supports teacher requests in high-need schools. Over the past two years, the company has assisted more than 15,000 students through this initiative.
“We are honored to partner with CA Technologies and assist schools in the local Las Vegas area,” said Charles Best, Founder and CEO, DonorsChoose.org. “CA is aligned with our mission to increase access to critical learning materials. Together, we have been able to make a measureable impact in supporting STEM programs and projects.

About CA Technologies

CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at http://www.ca.com.

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CA Technologies Reports Second Quarter Fiscal Year 2015 Results

CA Technologies Reports Second Quarter Fiscal Year 2015 Results

CA Technologies (NASDAQ:CA) today reported financial results for its second quarter fiscal 2015, ended September 30, 2014.

Mike Gregoire, CA Technologies Chief Executive Officer, made the following comments:

“We are starting to see traction in the market as a result of our efforts. Enterprise Solutions new sales were up for the second consecutive quarter.

We continued to see solid performance in connection with renewals and we maintained financial discipline across the business.

Although we are pleased with this progress, we remain focused on the work needed to drive sustained revenue growth.

“The Application Economy is transforming business, creating new opportunity and enormous complexity for our customers. CA Technologies provides the software solutions businesses need to accelerate innovation, secure applications and manage their rapidly growing IT portfolios across multiple platforms. We are uniquely positioned to help our customers build the new capabilities they need to grow and reduce the complexity they need to manage, and have focused our business on solving these problems.”

* Non-GAAP income and earnings per share are non-GAAP financial measures, as noted in the discussion of non-GAAP results below. A reconciliation of non-GAAP financial measures to their comparable GAAP financial measures is included in the tables following this news release.
**CC: Constant Currency

**CC: Constant Currency
• Total revenue declined primarily as a result of a decrease in subscription and maintenance revenue, which was largely due to a decrease in Mainframe Solutions revenue and, to a lesser extent, a decrease in professional services revenue.

• Total bookings decreased primarily due to an expected year-over-year decrease in renewals from the timing of the renewal portfolio within subscription and maintenance bookings. This timing reflects the decrease in the value of contracts generally available for renewal compared with year-ago period. The decrease in subscription and maintenance bookings was partially offset by an increase in professional services bookings.

• The Company executed a total of 6 license agreements with incremental contract values in excess of $10 million each, for an aggregate contract value of $217 million. During the second quarter of fiscal 2014, the Company executed a total of 12 license agreements with incremental contract values in excess of $10 million each, for an aggregate contract value of $320 million.

• The weighted average duration of subscription and maintenance bookings for the quarter was 3.10 years, compared with 3.32 years for the same period in fiscal 2014.

*A reconciliation of non-GAAP financial measures to their comparable GAAP financial measures is included in the tables following this news release. Year-over-year non-GAAP results exclude purchased software and other intangibles amortization, share-based compensation, capitalization (an add-back) and amortization of internal software costs, Board approved workforce rebalancing initiatives and certain other gains and losses. The results also include gains and losses on hedges that mature within the quarter, but exclude gains and losses on hedges that do not mature within the quarter.

**CC: Constant Currency

• GAAP and non-GAAP second quarter operating expenses were generally consistent compared with the year-ago period. GAAP operating expenses included an impairment of $13 million relating to capitalized software and other intangible assets within the Enterprise Solutions segment. The Company expects a year-over-year increase in the third quarter of fiscal 2015 for selling and marketing expenses as a result of incremental expenses associated with CA World ‘14.

• GAAP EPS in the second quarter of fiscal 2015 was positively affected by $0.05, from a decrease in the Company's GAAP effective tax rate. The Company recognized a net discrete tax benefit of $19 million in the second quarter of fiscal 2015. This net discrete tax benefit was primarily as a result of the resolution of uncertain tax positions relating to U.S. and non-U.S. jurisdictions.

• Non-GAAP EPS in the second quarter of fiscal 2015 was negatively affected by $0.15 from an increase in the Company's non-GAAP effective tax rate. The Company recognized a net discrete tax benefit of approximately $181 million in the first quarter of fiscal 2014, which impacted the non-GAAP effective tax rate for the second quarter of fiscal 2014. This net discrete tax benefit was primarily as a result of the resolution of uncertain tax positions relating to U.S. and non-U.S. jurisdictions.

SELECTED HIGHLIGHTS FROM THE QUARTER

• Customer traction for CA Technologies innovations continued in the quarter.

◦ One of the world’s leading consumer entertainment companies chose CA APM solutions to monitor end-to-end performance of their on-line gaming platform.

◦ A French airline is now working with CA Service Virtualization to increase the speed and stability of application updates for their new mobile booking system.

◦ A large UK-based financial services integrator signed a multi-million dollar transaction to leverage CA's API Management solution to build a cloud based mobile platform that allows third party financial service offerings, such as mortgage and insurance products, to be provided to social consumers.

• Solutions leadership:

◦ CA Technologies has been placed in the leaders quadrant for its Data Center Infrastructure Management (DCIM) solution by Gartner in their “Magic Quadrant for Data Center Infrastructure Management Tools” report issued in September. (1)

◦ CA API solutions were named a “leader” by analyst firm Forrester in their report “The Forrester Wave™: API Management Solutions, Q3 2014” in a report issued in September. (2)

**CC: Constant Currency
• Mainframe Solutions revenue decreased compared with the year-ago period primarily due to insufficient revenue from prior period new sales to offset the decline in revenue contribution from renewals. Operating margin was generally consistent compared with the year-ago period.

• Enterprise Solutions revenue decreased compared with the year-ago period primarily due to a decrease in revenue that is recognized on an up-front basis in the current period. This decline was primarily due to an increase in the percentage of our Enterprise Solutions new sales sold in connection with renewals compared with the year-ago period. In addition, within Enterprise Solutions, there was an unfavorable effect from the decrease in revenue from certain mature product lines, partially offset by an increase in revenue from recently acquired products and sales of newly developed technologies. Enterprise Solutions operating margin was generally consistent compared with the year-ago period.

• Services revenue decreased compared with the year-ago period primarily as a result of a decrease in the size and number of services engagements during the first quarter of fiscal 2015. Operating margin for our Services segment decreased compared with the year-ago period as a result of a number of factors, including the decrease in revenue and lower utilization rates for services personnel due to the decrease in the number of services engagements.

CASH FLOW FROM OPERATIONS

• Cash flow from operations for the second quarter of fiscal 2015 was $66 million, versus $73 million in the year ago period. Prior year cash flows included a tax refund of $70 million that positively affected cash flows from operations in the year-ago period. In the second quarter of fiscal 2015, there was an increase in cash collections, primarily attributable to higher single installment collections of $76 million.

CAPITAL STRUCTURE

• Cash, cash equivalents and investments at September 30, 2014 were $3.193 billion.

• With $1.763 billion in total debt outstanding and $139 million in notional pooling, the Company’s net cash, cash equivalents and investments position was $1.291 billion.

• The Company is currently authorized to purchase $950 million of its common stock under its current stock repurchase program.

• The Company distributed $111 million in dividends to shareholders.

• The Company’s outstanding share count at September 30, 2014 was 440 million.

OUTLOOK FOR FISCAL YEAR 2015

The Company updated its fiscal year 2015 outlook, which represents "forward-looking statements" (as defined below).

The Company expects the following:

• Total revenue to decrease in a range of minus 2 percent to minus 1 percent in constant currency, unchanged from previous guidance. At September 30, 2014 exchange rates, this translates to reported revenue of $4.27 billion to $4.33 billion.

• GAAP diluted earnings per share from continuing operations to decrease in a range of minus 12 percent to minus 8 percent in constant currency, unchanged from previous guidance. At September 30, 2014 exchange rates, this translates to reported GAAP diluted earnings per share of $1.73 to $1.80.

• Non-GAAP diluted earnings per share from continuing operations to decrease in a range of minus 20 percent to minus 18 percent in constant currency. Previous guidance was minus 21 to minus 19 percent in constant currency. At September 30, 2014 exchange rates, this translates to reported non-GAAP diluted earnings per share of $2.40 to $2.47.

• Cash flow from continuing operations to increase in a range of 5 percent to 12 percent in constant currency, unchanged from previous guidance. At September 30, 2014 exchange rates, this translates to reported cash flow from continuing operations of $1.01 billion to $1.08 billion.

This outlook assumes no material acquisitions and a partial currency hedge of operating income. The Company expects a full-year GAAP operating margin of 27 percent, a decrease of one point from previous guidance, and non-GAAP operating margin of 37 percent, unchanged from previous guidance. The Company also expects to return to a normalized full-year GAAP and non-GAAP effective tax rate of approximately 30 percent, which would have a negative impact on GAAP and non-GAAP diluted earnings per share from continuing operations of approximately $0.43 and $0.59, respectively.

The Company anticipates approximately 436 million shares outstanding at fiscal 2015 year-end and weighted average diluted shares outstanding of approximately 440 million for the fiscal year.

Webcast

This news release and the accompanying tables should be read in conjunction with additional content that is available on the Company’s website, including a supplemental financial package, as well as a conference call and webcast that the Company will host at 5:00 p.m. ET today to discuss its unaudited second quarter results. The webcast will be archived on the website. Individuals can access the webcast, as well as the press release and supplemental financial information at http://ca.com/invest or can listen to the call at 1-877-561-2748. The international participant number is 1-720-545-0044.

(1) Gartner, Inc., “Magic Quadrant for Data Center Infrastructure Management Tools” by Jay E. Pultz, David J. Cappuccio, April Adams, Federico De Silva, Naveen Mishra, Henrique Cecci, Rakesh Kumar, September 22, 2014.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(2) Forrester Research Inc., “The Forrester Wave™: API Management Solutions, Q3 2014, September 29, 2014.”

The Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. The Forrester Wave is a graphical representation of Forrester's call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester Wave. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.

About CA Technologies

CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.

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CA Technologies Named a Leader in API Management by Independent Research Firm

CA Technologies Named a Leader in API Management by Independent Research Firm

CA Technologies (NASDAQ: CA) today announced it is named a “Leader” in “The Forrester Wave™: API Management Solutions, Q3 2014.*”

The solutions evaluated for the report included CA API Gateway (formerly CA Layer 7 API Gateway), CA Mobile API Gateway (formerly CA Layer 7 Mobile Access Gateway) and CA API Developer Portal (formerly CA Layer 7 Portal).

“…CA’s solution has among the best API security, message transformation and integration features in our evaluation. Among the traditional gateway vendors, Layer 7** was an early mover into the API management space, which has given CA a head start to round out the features of its portal and tooling for API product managers. The gateway’s mobile app support is also among the best in our evaluation,” Forrester analysts stated.

Forrester analysts evaluated 11 API Management vendors against 40 criteria. CA scored the highest rating for the API transformation and integration, and product strategy criteria.

“APIs are a cornerstone for innovation and business growth in the application economy,” said Phil Walston, vice president, product management, CA Technologies.

“Our API management and security suite gives organizations the confidence to publicly open valuable data and application functionality as APIs and help developer teams and business leaders realize faster delivery of mobile apps and cloud services to drive business value and profitability.”

The CA API Management suite enables:

•  Seamless data integration across on-premise, cloud and platform-as-a-service offerings.
•  Accelerated and secure app development through developer onboarding, software development kits, interactive documentation and auto-generated code samples.
•  Mobile and IoT initiatives by connecting enterprise data with devices, including the cable box and automobile, keeping consumers engaged.
•  Secure and convenient interactions across multiple channels, giving customers the flexibility to use the method and device of their choice.

To receive a complimentary copy of the report, please visit “The Forrester Wave™: API Management Solutions, Q3 2014.” To learn more about CA Technologies API Management solutions, visit http://www.ca.com/us/products/api-management.aspx.

*Forrester Research, Inc., “The Forrester Wave™: API Management Solutions, Q3 2014,” September 29, 2014.

** CA Technologies acquired Layer 7 Technologies in June 2013.

About CA Technologies

CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.  

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CA Technologies Delivers Latest SaaS-Based Enterprise Mobility Management Suite with Zero-Day Support for iOS 8

Today CA Technologies (NASDAQ: CA) is continuing to transform enterprises into being “Mobile First” with the release of its SaaS-based Enterprise Mobility Management (EMM) solution suite and providing zero-day support for iOS 8 across mobile device, application, content and email management.


Further expanding on the industry’s first CA Management Cloud for Mobility portfolio and based on its patent-pending Smart Containerization™ technology, this new SaaS solution gives enterprises deployment flexibility, increased agility, and significant cost savings.


“The application economy has made mobility management a cornerstone of employee and business productivity.


CA’s new SaaS solution unlocks the full potential of enterprise mobility by focusing on what matters to customers: innovation, efficiency and accelerated development of new mobile apps and services to drive productivity and revenue,” said Ram Varadarajan, general manager, New Business Innovation, CA Technologies.

According to recent Gartner research*, the current global EMM market is roughly 70% on-premises and 30% SaaS, but Gartner projects SaaS uptake to increase as more enterprises realize the challenges of managing EMM/MDM solutions on their own.

With today’s announcement, enterprises can now leverage iOS 8 features across SaaS and on-premise deployment models.

In addition, the out-of-the-box iOS8 support – available for all of CA’s EMM products - enables app wrapping, security and management for mobile apps developed using the new SWIFT programming language.

To further help customers effectively use mobility management solutions based on specific scenarios and IT policies, CA is offering customers a free CA Mobile Device Management perpetual license with the purchase of any CA EMM solution.

To learn more about how CA’s full suite of mobility solutions and how the company helps enterprises manage mobility visit www.CA.com/mobility.

*Gartner Inc., Choose a SaaS-Based Enterprise Mobility Management Model Whenever Possible, Rob Smith and Charles Smulders, August 13, 2014.

About CA Technologies

CA Technologies (NASDAQ: CA) provides IT management solutions that help customers manage and secure complex IT environments to support agile business services. Organizations leverage CA Technologies software and SaaS solutions to accelerate innovation, transform infrastructure and secure data and identities, from the data center to the cloud. Learn more about CA Technologies at www.ca.com.

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UST Global’s Chennai employees contribute to charity with the Yummy Aid program

UST Global, a leading provider of IT services and solutions for Global 1000 companies, hosted the third edition of its annual fund raiser event, Yummy Aid at its Chennai center recently. 

Yummy Aid is an annual food festival in which employees compete for culinary title sand raise funds for charity by setting up stalls of sumptuous home-made food.

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Speaking on the success of the event, Chandrasekaran Sundaresan, Centre Head – Chennai, UST Global, said, “UST Global was established on the premise of transforming lives. 

We believe that making meaningful difference in the community we live and work is an integral part of this mission.

Our employees have embraced this core value and have won the admiration of the community, thanks to the causes they support. The proceeds from Yummy Aid are used for charitable causes.”

Yummy Aid was organized under the aegis of UST Global’s Network of Women USsociates (NoWU), an internal volunteer organization that spearheads the development and executive mentoring activities for UST Global’s women employees.

About UST Global

UST Global is a leading provider of end-to-end IT Services and Solutions for Global 1000 companies. Headquartered in Aliso Viejo, California, UST Global has operations in USA, India, Mexico, Spain, UK, Malaysia, Philippines, and Singapore. 

UST Global is a technology leader with profound domain expertise across the following industries: Healthcare & Insurance, Retail, Financial Services, Transportation & Logistics, Manufacturing & Automotive, Telecommunication and Media & Entertainment. 

By focusing on the business model of ‘fewer CLIENTS, more ATTENTION’, UST Global strives for excellence in providing their clients with the best service and commitment to long-term client success. With 14,000 employees, UST Global's growth and clientele have been impressive.

Please visit www.ust-global.com for more information.

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