The association of IT-BPO industry, NASSCOM has revised the growth projections of software and service exports to 16-17% for the financial year 2008-09 at $47 billion as compared to its earlier estimates of $50 billion. The body said that demand in the segment declined under the impact of global slowdown that led it to revise its revenue growth targets.
 

VeriSign, Inc, the trusted provider of Internet infrastructure for the networked world, has announced that the WiMAX Forum® has chosen VeriSign’s Public Key Infrastructure (PKI) to defend the rapidly increasing wireless broadband ecosystem.

After a wide-ranging selection procedure, VeriSign has been chosen to offer security solutions based on PKI for WiMAX™ networks that combine the speed of broadband with the ease of wireless to deliver the ‘last mile’ of connectivity on quick, metropolitan area networks.

Infosys BPO, the business process outsourcing arm of Infosys Technologies, declared that it got a ‘positive’ rating in Gartner’s MarketScope for Comprehensive Finance and Accounting Business Process Outsourcing, 2008.

Infosys BPO was amongst the 11 vendors judged for the reports that focused on vendor potentialities in the wide-ranging F&A BPO market.

Monday saw Rambus, a developer of high-speed interfaces and memory technologies, announcing its Mobile Memory Initiative. With this initiative, the company aims at achieving data rates of 4.3GHz at best-in-class power efficiency.

Martin Scott, senior vice president of research and technology development at Rambus reported, "As consumer expectations grow for more media-rich applications on their mobile devices, new memory solutions will be needed to keep pace with the rapidly increasing bandwidth requirements."

IBM has recently announced an even speedier supercomputer, just after seven months it came out with world's fastest supercomputer. The new one however is being learnt to have computing power of 2 million laptops.

On Tuesday, IBM informed that it is working to come up with technology for its new Sequoia computer, with delivery scheduled in 2011 to the Department of Energy for use at Lawrence Livermore National Laboratory.

India is all set to launch an ultra cheap laptop, developed as part of a broader national plan to attract Indian colleges and schools toward emerging trends in information technology. The laptop, known as Sakshat, is aimed to bridge gap between rich and poor by linking 18,000 colleges and 400 universities across the country.

The laptop will have 2GB inbuilt memory and user friendly applications. It would be available for just Rs 600, giving stiff competition to rival PC manufactures like the One Laptop per Child's XO machine and the Intel Classmate.