According to a new study titled “The Economic Benefits of Reducing Software Piracy” from Business Software Alliance and the leading global market research firm IDC, reducing the 65 per cent software piracy rate in India by 10 percentage points over four years would create over 59,728 high-tech jobs, $ 4.6 billion in new economic activity, and close to $ 512 million in new taxes by 2013, with 76 per cent of those benefits expected to remain in the local economy. The study also found that if India were to reduce piracy by 10 points over the next two years instead of four, it would boost the economic activity and tax gains by a further 32 per cent.
G.E.T POWER Private Ltd., has selected IBM's robust hardware platform to run their SAP application, a press release from the firm stated.
G.E.T POWER is a pioneer in the field of design, fabrication, supply, construction, and erection of transmission and distribution lines, substation with structures and industrial electrification works on turnkey basis. After careful evaluation, G.E.T. POWER chose a complete hardware solution from IBM - x3650M2, DS3950 storage and IBM Rack with KVM Switch.
Social networking site Facebook has announced the start of its operations in India as it officially opens the doors of its Hyderabad office.
The office is already humming with a team from its headquarters in Palo Alto, California, and a team of recent hires from India, who are all putting their talent, passion, and creativity to work by supporting the company's growing number of users, advertisers, and developers.
The office leadership team includes Kirthiga Reddy, Director of Online Operations and Head of Office India and Manoj Varghese, Director of User Operations.
To celebrate the opening of the new space in Hyderabad, Facebook launched an art competition, which asks local artists to submit their proposals for original designs to decorate the office space.
Until October 22, artists can visit facebook.com/Facebook India to enter the contest. The winner will be announced on November 15.