1. Republic of the Philippines Laguna State Polytechnic University Siniloan, Laguna 1st Periodical Examination Presented by : Myrish Q. Banaag Ma. Kristine A. Marasigan Paul Victor P. Samela
2. Information Technology Related News 1 Banking on IT to dovetail with business S Sekar , Assistant General Manager, IT department, Karur Vysya Bank shares with Pratima Harigunani of CyberMedia News the direction IT is taking into the strategic league as it walks shoulder to shoulder with business and also tiptoes into the unbanked frontiers of the vast Indian hinterlands What's the role and sufficiency-status of IT in helping the bank cover the unbanked India? Education is a primary problem. People should be given enough confidence to handle the technology touch points. Innovation is needed to do that. We still have a long way to go. Technology is still urban-centric. We need to cover much for the suburban masses.
3. Any international banks you think are good benchmarks here? Barclays is a good example given their impressive card-based systems. What's the action at your bank per se on this front? We are working on financial enclosure as a major focus. We are trying to put in place a smart card model where small micro finance parties need not pay to branches. Instead, we engage business correspondents at local areas with smart card solutions. The collection happens at local level only which can later be uploaded on the branch. It's in pilot stage now but there is vast potential given the spread we traditionally have in semi-urban How strategic has really the role of IT has become vis-à-vis business? It is actually happening, particularly in banking services where technology has to give direct returns to business. So we sit along with business departments rather than working apart. Any challenges you see in particular? The days of technology in banks are going to be more challenging. Though everyone is going CBS (Core Banking Solution), the real challenge is the data. As banks, public or private have a long distance of many years. Making quality data available is a challenge.
4. Information Technology Related News 2 Managed IT Services in India to touch new heights BANGALORE,INDIA: The India Domestic Managed IT Services market is expected to grow at a CAGR of 24.9 per cent to become a US$ 2.78 billion industry by 2010, making it one of the fastest growing markets in the Asia/Pacific region, according to IDC, premier global provider of market intelligence, advisory services, and events for the IT, telecom and consumer technology markets. The total India Managed IT Services market in 2007 was estimated to be US$ 1,170 million with Managed Network Services accounting for the biggest share of the pie followed by Managed Desktop Services. This represented 20 per cent of the total India domestic IT Services market, which crossed US$ 5 billion revenues in 2007. In the words of Seepij Gupta, assistant manager, Software and Services Research, IDC India, "The traditional IT outsourcing model is under siege and "Risk and Reward" deals are now becoming popular."
5. “ Today, service providers are launching low-cost, highly flexible service delivery platforms that leverage 'commoditized technology' to provide more 'productized services' to customers." The notion of Managed Services is no longer just hype or an industry buzzword. Initially the market witnessed large user enterprises adopting infrastructure management services (IMS), as they looked for competent partners to manage their increasingly complex IT infrastructure, said a release from IDC. Today, even mid-market enterprises are opting for this model as they realize the need to concentrate on the core objective of delivering value to their customers, rather than deploy valuable management resources in running and maintaining IT infrastructure. As enterprises of all sizes, across verticals reap the benefits of outsourcing their IT infrastructure, the main driver for Managed Services can be summed up in one sentence – it is all about "do it for me" versus the burden of "do it yourself", it said. According to Praveen Sengar, senior manager, Software and Services Research, IDC India, a subsidiary of CyberMedia, "While engaging in outsourcing contracts, management should have a clear vision on long-term organizational goals along with activities that can be outsourced.
6. Information Technology Related News 3 Wireless Broadband to reach more rural areas NEW DELHI,INDIA: The Department of Telecom (DOT) today announced that it would connect 5000 blocks in the country by wireless broadband soon after allocation of spectrum through the proposed e-auction later this year. his will be done with support from DOT's Universal Service Obligation Fund (USOF). Villages coming within a radius of 10 km of the Taluka/Block headquarters shall be covered by such connectivity, an official release said. It is estimated that 40 institutional users in each block will benefit from the wireless broadband given to each Block. These include schools, public health centers, village Panchayats and the Community Service Centers (CSCs) meant to provide e-governance and data services to the rural areas. Provision of Broadband connectivity in a phased manner in villages is one of the assigned activities of the USOF, the DoT said.
7. The Ministry of Communications and IT had announced the detailed guidelines or spectrum auction last month and the process is likely to be completed this year. DOT has already initiated action for selecting an agency to conduct the e-auction. To formalize the modalities of tender procedures, specification/deliverable formulation and bench mark settings regarding the implementation of the wireless broadband plan, the DOT has held discussions with technology providers, telecom service providers (TSPs) and internet service providers (ISPs). The Department said the scheme envisages that the TSPs may utilize the existing passive and core infrastructure available with them. Consultants for the purpose have already been appointed. One thousand out of around 6000 Blocks in the country are now being provided Broadband Services by the state-owned BSNL. Similarly, about 50000 out of a proposed 1 lakh common service centres are being covered by BSNL Broadband. DOT's new initiative is likely to cover the remaining Blocks and all the CSCs. Besides, DOT also proposes to support Wireline Broadband by USOF wherever feasible.