8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 1/12

Submitted By:

Parekh Khushbu

Parmar Shilpa

Pandya Chandni

Shah Megha

Joshi Zankhana

Submitted To:

Ms. Esha Pandya

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 2/12

1. IT sectors to see slower spending growth in 2012

Worldwide IT spending is forecast to total $3.8 trillion in 2012,a 3.7 per cent increase from the previous calendar year,

according to the latest outlook by technology researcher 

Gartner. In 2011, worldwide IT spending totaled $3.7 trillion,

up 6.9 per cent from 2010 levels. Gartner has revised

downward its outlook for 2012 global IT spending from its

 previous forecast of 4.6 per cent growth.

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 3/12

2. 2012 will be a challenging year of IT firms: TCS

The depreciation in rupee's value is likely to benefit softwareexporters, but the global macro economic situation will pose a

challenge for the industry next year, a top official of IT giant

TCS said on "This year has gone very well and better than

what we expected.

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 4/12

3. Kerala: CM promises steps to promote IT sector

The State Government is committed to formulate new schemesto overcome the stagnant situation prevailing in the IT sector 

and to create an investment climate and attract prominent

international companies to invest in Kerala, Chief Minister 

Oommen Chandy said.

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 5/12

Acquiring company:Ebay

Acquired company:Zong

Headquarters:

Ebay: San Jose,California, US

Zong: Pakistan

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 6/12

R eason

EBay announced that it will acquire mobile payments provider Zong for $240 million in

cash in an attempt to shore up its ability to

 process payments for digital goods.

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 7/12

Acquiring company: SAP

Acquired company:Success Factors

Headquarters:

SAP:Walldorf,Germany,Euro

pean Union

Success Factors: SanMateo,California,USA

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 8/12

R eason:

SAP has announced plans to acquire cloud-based

 business software provider Success Factors thedeal is worth $3.4billion.

Success Factors provides online tools for  managing employee performance, including

 performance management, setting goals andmanaging to them, setting compensationaccordingly, and training

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 9/12

Acquiring company: Concur 

Technologies

Acquired company: Tripit

Headquarters:

Concur Technologies:Washington,

USA, R edmond

Tripit :SAN Francisco, USA

Value: 130$ milion

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 10/12

To bring order to the chaos of travel for both managed andunmanaged travel, and make life.

Better for business travelers.

To drive Concur¶s continued growth across all segments,geographies and customers.

It helps concur to better penetrate existing customer markets and segments.

It expands the addressable market for our services byreaching a new class of travelers.

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 11/12

Previously unaddressed by corporate, managedtravel solutions.

Concur not only intends to fully support andcontinue Tripit¶s offerings, we intend to accelerate.

Innovation in this product category and expand thecompany¶s reach among more travelers andcompanies globally.

Through the acquisition of Tripit, concur gainstremendous talent on both the technology and

 business side

8/2/2019 IT Sector2

http://slidepdf.com/reader/full/it-sector2 12/12