Business Diary: Persistent acquires Openwave’s location business

Tata Technologies to market i GET IT solution in India

Tata Technologies has plans to market i GET IT,the online self-paced training solution for engineers,in India. The company expects to grow revenues by over 100 per cent in the financial year 2013. Going by industry trends,over 40 per cent of employee training is conducted using e-learning methods. Dan Miles,vice president,iProducts from Tata Technologies,said,“In the US,most Fortune 500 companies already have a corporate learning management system (LMS) and the average spend per employee on training a year is $600-$1,200 (13-16 Training Hours). With more and more of auto majors setting up base in India,we expect the demand for i GET IT to grow at a fast pace.”

Indizen 2012 to begin on February 14

Indizen 2012,the 3rd national convention on operational excellence,organised by the Kaizen Institute,will start on February 14. In its third successive year,convention has received encouraging response from all over India. Several delegates from Africa and Middle East have already registered for the event. Dr Girdhar J Gyani,secretary general,Quality Council of India,will be delivering the opening keynote address. During the convention many participant companies will share their success stories by participating in a case-study competition. Internationally renowned Dr Gwendolyn Galsworth,president,Quality Methods International/ Visual-Lean Institute,will deliver the closing address. She will also conduct the seminar on Visual Workplace – Visual Thinking on Thursday as part of conference.

Symphony Service Corporation & Teleca sign pact

Symphony Service Corporation and Teleca have entered into a merger agreement to create Symphony Teleca Corporation,the first company exclusively focusing on helping clients rapidly develop,manage and support software for emerging cloud and enterprise mobility solutions in the connected world. The transaction,which is approved by the boards of directors of both companies,will build upon the complementary strengths of each company to create a global leader in the transformation of software,connected devices and enterprise mobility. The primary drivers of the combination are the growing influence of mobility and the cloud on software and software-enabled product development and the rising adoption and enormous market opportunity of enterprise mobility.

(Compiled by Ishfaq Naseem)