Tag Archives: Telecom

Research Associate / Senior Research Associate #Jobs #India

Job title: Research Associate / Senior Research Associate

Eligibility Criteria:

  • At least 0.5 – 2 years of experience working with a research or advisory firm.
  • Strong project management, interpersonal and organisational skills.
  • Strong Spreadsheet, statistical, and forecasting skills.
  • Impeccable communication skills both written and verbal.

Location: New Delhi

Key Role and Responsibilities:
Business/market research experience in the IT and Telecom sector.

Job Description:

  • Conducting Primary and Secondary research for business analysis on various industry aspects such as IT operations, data centre and cloud trends, and IT service management architecture.
  • Independently develop project framework and methodology.
  • Creating white papers, though leadership reports, industry reports and company profiles.
  • Managing quality on client deliverables.

If you are interested in the opportunity, please connect with Sulakshana Vats at svats@greyhoundgroup.com

马恒达科技公司第一季度利润下降 8% #Press #Media #Cailiao

马恒达科技公司,印度第五大软件服务公司,表示第一财季盈利下降8%,错过分析师的预期,较高的签证和雇佣成本。净利润下降至631亿卢比,在三个月截止六月三十日,从去年同期的686亿卢比,该公司周四表示。利润从之前三个月上涨了2.7%。马恒达科技公司的营收同比增长24.8%,至5122亿卢比。41个调查的分析师预计收入为5078.3亿卢比,而38个分析师预计净利润为680.4亿卢比,在6月的季度。以美元计算,收入上升18.1%,至8.55亿第二季,从上一季度的3.63%。

“马恒达科技公司报道坚实的营收增长3.7%(美元)的收入,更领先于我们的预期的2.2%” 亚太区首席技术官,马特沙,一份报告中向媒体表示。“良好的交易者获胜连续第五个季度的关键是积极的,预示着股价的进一步实现。”未计利息,税项,折旧及摊销前盈利下跌13.4%,至928亿卢比,在今年第二季度,而营业利润率收窄307个基点,至18.13%,一个基点相当于1%。

该公司由于收缩营业利润率为8万到9万美元,在本季度的签证费用,卢比升值2.6%,或50个基点,中达5亿到7亿美元,显著租金成本,在今年第一季度利用率下降了四分之一,到72%,从74%的大项目转型成本。“虽然决定周期和客户创造,花了一些时间来转化为成交,赢得了我们的预期,大幅提高,一旦等待结束了,马恒达科技公司的执行副总裁,维内特纳亚尔说。我们已经看到了前所未有的收益增长,这是一个时间,这将变成我们的服务需求,只是迟早的事,同样也适用于欧洲。

  该公司将专注于数字化的举措和物联网,所谓的互联网,并增加其在西亚,墨西哥和巴西,董事总经理兼行政总裁,CP Gurnani说。“虽然该公司已经扩增其意图,是一个新时代的系统集成和服务的数字机遇,新交易的收入仍偏向传统业务线,”首席分析师和研究公司的首席执行官,Sanchit Vir Gogia说 。

马恒达科技公司增加3288名员工,在今年第二季度,公司员工总数为92729。在本季度6月30日止,该公司减少债务86亿卢比,偿还277亿卢比,其现金为3669亿卢比,在6月30日。周四,马恒达科技公司的股票下跌0.33%,至2150卢比,对BSE,而基准Sensex指数损失0.74%,至25894.97点。该公司经过市场时间报告其收益。从今年开始,马恒达科技公司的股价已经上涨了17%,而Sensex指数拥有先进的23.3%,而BSE的IT指数上涨7.24%。

Source: Cailiao

Tech Mahindra Q1 profit falls 8% to Rs631 crore #Press #Media #Mint

Revenue rose 24.8% to Rs.5,122 core in the June quarter, as compared with Rs.4,103 crore in the year-ago period.

Tech Mahindra Ltd, India’s fifth-largest software services company, said fiscal first-quarter profit fell 8%, missing analysts estimates, on higher visa and hiring costs.

Net profit declined to Rs.631 crore in the three months ended 30 June from Rs.686 crore in the year-ago period, the company said on Thursday. Profit rose 2.7% from the preceding three months.

Tech Mahindra’s revenue rose 24.8% to Rs.5,122 core. A Bloomberg survey of 41 analysts estimated revenue at Rs.5,078.3 crore, while 38 analysts estimated net profit at Rs.680.4 crore for the June quarter. In dollar terms, revenue rose 18.1% to $855 million in the June quarter, and 3.63% from the preceding quarter.

“Tech Mahindra reported solid revenue growth 3.7% on quarter in USD (US dollar) revenues, much ahead of our’s and Street expectations of 2.2% on quarter,” Hitesh Shah, research director at IDFC Securities Ltd, said in a note to the media. “The fifth consecutive quarter of healthy deal wins was the key positive and bodes well for further rerating of the stock.”

Earnings before interest, taxes, depreciation and amortization fell 13.4% to Rs.928 crore in the June quarter, while operating profit margin narrowed 307 basis points (bps) to 18.13%. A basis point is one-hundredth of a percentage point.

The company attributed the contraction in operating margin to visa costs of $8-9 million in the quarter; the rupee’s appreciation of 2.6%, or 50 bps; transition costs of large projects of $5-7 million, and significant hiring costs, which drove utilization down in the quarter to 72% from 74% in the March quarter.

“While the decision cycle and customer creation in the telecom vertical are taking some time to translate into deal wins, we expect substantial gains once the waiting is over,” said Vineet Nayyar, executive vice-chairman of Tech Mahindra. “The US has seen unprecedented return of growth, and it is only a matter of time that this will turn into demand for our services; the same goes for Europe.”

The company will focus on digital initiatives and the so-called Internet of Things, and increase its presence in West Asia, Mexico and Brazil, managing director and chief executive officer C.P. Gurnani said.

“While the company has amplified its intent to be a new-age system integration and serve digital opportunities, the revenues from new deals are still largely skewed towards traditional service lines,” said Sanchit Vir Gogia, chief analyst and chief executive officer of Greyhound Research.

Tech Mahindra added 3,288 employees in the June quarter, taking the company’s headcount to 92,729.

In the quarter ended 30 June, the company reduced debt to Rs.86 crore, after repaying Rs.277 crore. Its cash stood at Rs.3,669 crore on 30 June.​

On Thursday, shares of Tech Mahindra declined 0.33% on BSE to Rs.2,150, while the benchmark Sensex lost 0.74% to 25,894.97 points. The company reported its earnings after market hours. From the beginning of the year, Tech Mahindra’s stock has gained 17%, while the Sensex has advanced 23.3% and the BSE IT Index has risen 7.24%.

Source: Mint

Enterprise Major Oracle Plans One Office in Every State Capital As It Sees Higher Tech Spending #Press #Media #CommunicationsToday

Oracle is looking to have branch offices in all Indian state capitals as part of its plan to boost business while some of its larger competitors deal with problems of their own.

Oracle, founded by technology billionaire Larry Ellison, counts companies like HP and IBM as its major competitors. HP is going through a restructuring exercise that may see as many as 50,000 employees cut from its ranks.

Separately, IBM has struck a deal to sell off its x86 server business as it focuses on higher margin products. “We are growing in India and we think that, with the manifesto of the BJP that focussed on technology, we are going to see increased spending on IT. We are looking at a geo-expansion strategy and the plan is to have a branch office in every state capital,” Sandeep Mathur, managing director of Oracle India, told ET.

Currently, Oracle has offices in the five metro cities and places like Pune and Ahmedabad. Mathur declined to give a timeline for the expansion but said it was the company’s stated goal.

The company has been growing steadily in India over the past few years. In 2012-2013, the company grew its revenue 15% to Rs 10,590 crore, according to Dataquest Top 20, making it the tenth-largest technology company by revenue in India.

Oracle does not break out the revenue or growth rate of its India business. “With Oracle, it has been a mixed bag, there has been strong customer demand for their enterprise applications like RightNow and Eloqua and database license renewals have been doing well. But I would think sales of the ExaData and Exologic systems have been a little sluggish outside BFSI and telecom,” said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.

ExaData and ExoLogic are part of Oracle of engineered systems business – integrated software and hardware – that promised more efficiency and faster workloads as the components were built to work together rather than stitched together later. The company counts Reliance Commercial Finance, HDFC Securities and HDFC ERGO General Insurance Company as clients.

Source: Communications Today

Enterprise major Oracle plans one office in every state capital as it sees higher tech spending #Press #Media #EconomicTimes

Oracle is looking to have branch offices in all Indian state capitals as part of its plan to boost business while some of its larger competitors deal with problems of their own.

Oracle, founded by technology billionaire Larry Ellison, counts companies like HP and IBM as its major competitors. HP is going through a restructuring exercise that may see as many as 50,000 employees cut from its ranks.

Separately, IBM has struck a deal to sell off its x86 server business as it focuses on higher margin products. “We are growing in India and we think that, with the manifesto of the BJP that focussed on technology, we are going to see increased spending on IT. We are looking at a geo-expansion strategy and the plan is to have a branch office in every state capital,” Sandeep Mathur, managing director of Oracle India, told ET.

Currently, Oracle has offices in the five metro cities and places like Pune and Ahmedabad. Mathur declined to give a timeline for the expansion but said it was the company’s stated goal.

The company has been growing steadily in India over the past few years. In 2012-2013, the company grew its revenue 15% to Rs 10,590 crore, according to Dataquest Top 20, making it the tenth-largest technology company by revenue in India.

Oracle does not break out the revenue or growth rate of its India business. “With Oracle, it has been a mixed bag, there has been strong customer demand for their enterprise applications like RightNow and Eloqua and database license renewals have been doing well. But I would think sales of the ExaData and Exologic systems have been a little sluggish outside BFSI and telecom,” said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.

ExaData and ExoLogic are part of Oracle of engineered systems business – integrated software and hardware – that promised more efficiency and faster workloads as the components were built to work together rather than stitched together later. The company counts Reliance Commercial Finance, HDFC Securities and HDFC ERGO General Insurance Company as clients.

Source: The Economic Times 

Tata Communications to up data centre size, spend $200 million #Press #Media #HinduBusinessLine

Global communications and enterprise service provider Tata Communications said the company expects to lead the data centre business in India with around 26 per cent market share right now.

According to the company, it tops the data centre market right now and it is growing at around 22 per cent year on year. The company plans to invest more than $200 million towards doubling capacity in India from five-lakh square feet to 10-lakh square feet over a period of three years.

The data centre business is primarily driven by the market trends such as social media, mobility and cloud.

“Therefore, the amount of data that needs to be stored is a huge challenge and also opportunity for companies like us to handle those data. We expect this market will grow significantly over the next five years and one of fastest growing sectors because of data explosion,” Rangu Salgame, Chief Executive Officer – Growth Ventures, Tata Communications, told BusinessLine.

New data centre

Looking at such opportunities, the company on Wednesday opened a new data centre here, which is 12th in India and 44th in the world. The company now has two data centres in New Delhi, three in Mumbai, two each in Bangalore and Chennai and one each in Hyderabad, Pune and Kolkata.

Globally, it has data centres in places such as Montreal, New York, Los Angeles, Paris and London, Salgame said.

As part of its global expansion initiative, the company recently also entered into strategic partnerships with NEXTDC in Australia, Interxion in Germany and Austria, as well as Pacific Link Telecom in Malaysia.

However, while the market for data centres has already grown big globally, India still needs more investments from companies such as Tata Communications.

Though, there is no data available on the market size right, analysts said the data centre market is growing well at around 12-15 per cent year-on-year.

Other players

“Lot of enterprises are now transferring their data on cloud and ‘on premise’ data centres are now falling over last two years because of such reasons. And, that is fuelling the growth of data centre business,” Naveen Mishra, Research Director, at Gartner India, said. He said because of such reasons, not only Tata Communications, other players such as Sify, Wipro and Netmagic Solutions are also growing.

Therefore, Tata Communications has to work hard on getting better businesses from its clients. “It had earlier launched InstaCompute, which only received a marginal success. This time around it needs to be aggressive in partnering with various Independent service providers, which will ensure its success,” Sanchit Vir Gogia, Chief Analyst and Group CEO at Greyhound Research, said.

Source: The Hindu Business Line