Category Archives: Software

Business Services, Capital Markets, Finance, Software, Technology

BFSI moving to a Cloud-first paradigm

Cloud migration is an integral part of the digital transformation journey of banking, financial services, and insurance (BFSI) firms. Many BFSI firms are adopting cloud-first strategies to realize the benefits of business excellence, innovation, speed-to-market, and operational and infrastructure savings. BFSI organizations tend to initiate the cloud migration journey by adopting infrastructure-as-a-service (IaaS) models and evolve to embracing platform-as-a-service (PaaS) and software-as-a-service (SaaS) models as cloud solutions and products mature. Successful migration will, however, depend on choosing the right cloud deployment models as well as cloud service models. BFSI firms must consider some crucial factors while choosing the cloud migration model:

  • Business value and technology
  • Functional uniqueness and product maturity
  • Privacy, security, and regulatory requirements
  • Costs, scalability, and performance

Aparna Jiddu
Platform Architect, Banking, Financial Services, and Insurance, TCS

Sripada Sarma
Solution Architect, Banking, Financial Services, and Insurance, TCS

5 Questions, Business Development, People, Project Management, Sales & Marketing, Software, Start-ups, Technology, Training

Time Management Lessons

It is often ironic that individuals who focus on the end results and not in being busy ends up in doing much and still have time enough for themselves. Today, time management courses have been developed that encompasses practically all the hours in our daily affairs. All time management courses differ on the titles and settings but are basically designed the same.

Time management courses are meant to keep us functioning effectively and cope with the expectations of the present and our expectations of ourselves. It analyses your to do list and offers prioritization of work that keeps the user constantly on track of tasks at hand and those that needs doing next. Time management software provides easy networking without the need for servers and allows the user to share data with those that are on the same network. – At the end of the day, have a to do list for the following morning and stick to it. – Use time management tolls. Different softwars are available on the net.

Attend time management programs. If your company does not sponsor these, spend a little, you will gain more. It is a misnomer to say that there is not enough time.

Most businessmen will tell you that no matter how well or bad the plan was in starting out, there usually is an initial success followed immediately by problems. This is what they call the beginners luck. When the problems begin to seem to be overwhelming, that is the point where most quit. This is also similar to time management that is at work.

Time Management Techniques for Better Time Utilization Since time is the only real resource that one has, it has often been said that people who have managed this resource are also usually good at managing other things. The time management techniques that they have applied to themselves are also the parameters that they apply in other modes of their behavior.

Business Services, Internet, Investments, New Media, Outsourcing, Software, Technology

Digital Demand Drives Growth for TCS in Q2FY2019

  • Digital revenue at 28%, up 60% YoY (CC)
  • $ Revenue grows +10% YoY; Constant Currency: +11.5% YoY
  • Operating Margin at 26.5%; +144 bps expansion YoY
  • Net Profit up 11.9% YoY

Mumbai, October 11, 2018: Tata Consultancy Services (BSE: 532540, NSE: TCS), the leading IT services, consulting and business solutions firm reported its consolidated financial results according to Ind AS and IFRS for the period ending September 30, 2018.

Financial Highlights for Quarter Ended September 30, 2018

  • Revenue at $5.215 Bn, +10 % YoY
  • Net Income at $1.119 Bn, +11.9% YoY
  • Operating Margin at 26.5%, an expansion of 1.4% YoY
  • Earnings Per Share at $0.29, +11.9% YoY
  • Net Cash from Operations at $1.042 Bn i.e. 93.2% of Net Income
  • Dividend per share of Rs. 4.00
    Record date 24/10/18; Payment date 30/10/18

Business Highlights for Quarter Ended September 30, 2018

  • BFSI, Retail verticals continue to accelerate: +6.1% and +15.6% YoY respectively
  • UK and Europe lead growth: +22.8% YoY and +17.4% YoY respectively
  • Superior client additions across bands: 4 new clients in the $100M+ band, 7 in the $20M+ band, 10 in the $10M+ band, 11 in the $1M+ band
  • World’s largest Agile-ready workforce: 279,000+ employees Agile trained
  • Net addition of 10,227 in Q2: highest in 12 quarters
  • Best-in-class retention: IT Services attrition rate steady at 10.9% LTM

Commenting on the Q2 performance, Rajesh Gopinathan, CEO and MD, said, “We are very pleased with our all-round strong performance in Q2. Revenue growth was driven by expanding demand for digital transformation across verticals, and continued acceleration in BFSI and Retail. Our industry-leading digital growth, and best-in-class client metrics bear testimony to our standing as the preferred partner in our customers’ growth and transformation initiatives.”

He added: “Our Business 4.0 thought leadership framework, contextual knowledge, and full stakeholder capabilities differentiate us, and drive demand for our solutions and services. Our Machine First Delivery Model (MFDM™) and Location-independent Agile methods are helping customers integrate automation deep within their enterprise, and orchestrate a more effective human-machine interplay to deliver superior customer experience at scale.”

N Ganapathy Subramaniam, Chief Operating Officer & Executive Director, said, “This has been a very good quarter, with strong demand in areas like analytics, cloud and automation. Our Quartz Blockchain Solution is gaining traction, and we are seeing the creation of nascent ecosystems which could transform markets. Our Enterprise Agile 2020 vision is shaping open, collaborative workplaces and Agile ways of working. This, along with MFDM, is driving intelligent automation and the discovery of a new meaning to work i.e. training the machines with the contextual knowledge, scaling businesses and creating ecosystems. This people-first approach to the machine-first world is seen as a key differentiator by our clients in driving growth, competitive edge and innovation in their businesses”

V Ramakrishnan, Chief Financial Officer, said, “It is encouraging to be back in our preferred range of profitability at the operating level. Even as we expand our investments to build on our lead in the Digital space, our disciplined operations, the improving growth trajectory and a supportive currency make our margins resilient.” Continue reading →

IT Services, Jobs & Careers, Software, Start-ups, Technology

Full-Stack Java Developer, Boston

Role: Java Full Stack Developer, reporting to the VP of Engineering.

You’ll be expected to jump into our technology stack and start shipping code immediately, making an impact on the direction of the product, team, and company. This role requires working closely with stakeholders, including the CEO and management team, to support our company vision and product roadmap. You will be contributing to the entire technology stack, from back-end services to single-page web applications.

The problems you will help solve include:
• Improving the performance of web pages
• Enhancing the stability and scalability of the system
• Securing sensitive information in a client side application
• Caching of highly dynamic data Continue reading →

IT Services, Jobs & Careers, Software, Technology

Event Applications Development Internship, Boston

Interested in internship with an innovative Event Technology company? If yes, here is a good opportunity!

Based in the greater Boston area, ePosterBoards LLC (www.eposterboards.com) is a privately-owned event technology service company that provides digital e-poster presentation solutions (i.e., large-format flat panel HD display screens and related equipment) along with webhosting and eVoting, as a rental service for biomedical, scientific, educational and other meetings and conventions in the United States.

ePosterBoards is seeking a MEAN Stack Event Applications Development intern/part-time employee through the spring semester. We are implementing products and services in a full stack javascript environment, with a focus on Node.js and Angular 1.x. You will assist in maintaining and expanding the current code base, and will have the opportunity to provide professional input towards the direction of our products.

You will be part of a small team, working with real requirements to bring real solutions to market. Build your resume and put your education to work in a dynamic environment. You will have a direct and immediate impact on our business and operations. Continue reading →