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US Congressmen to meet IT Min; visa issues to be discussed An eight-member high-powered delegation led by US Congressman Bob Goodlatte will meet IT Minister Ravi Shankar Prasad tomorrow to discuss issues like movement of skilled manpower and IP rights. The meeting comes at a time when the new administration in the US, under President Donald Trump, is proposing an overhaul of the popular H-1B visa regime, raising concerns among Indian IT firms. Industry association Nasscom met the delegation this afternoon. "We have shared our views with them that Indian IT industry is a large contributor to job creation in the US and we bring skills in areas where there is a huge skill deficit," Nasscom President, R Chandrashekhar told PTI. Indian IT companies are heavily dependent on the US market that accounts for over 60 per cent of the sector's exports, and any clampdown in the visa regime may result in higher operational costs and shortage of skilled workers for...

IT spending by banks, securities companies to hit $7.8 bn IT spending by banking and securities firms in India is estimated to touch USD 7.8 billion in 2017, an 8.6 per cent jump from 2016, technology research firm Gartner on Thursday said. "The banking and securities industry is increasingly working towards investing in core banking solutions to transform the legacy systems," Moutusi Sau, principal research analyst at Gartner said in a statement. In addition, there is a lot of investment from banks to leverage digital technologies in order to enhance the customer facing platforms, Sau added. The banking and securities industry forecast entails total enterprise IT spending including internal spending and spending on data center, devices, software, IT services and telecom services. "IT services and software will both be the fastest growing segments at 12.6 per cent in 2017, as firms in the banking and securities industry invest more in applications an...

            https://www.netacad.com/careers Pathways Discover the latest job trends and how Cisco Networking Academy courses map to them.   Pathways to Today’s IT Jobs Each year thousands of jobs go unfilled because employers cannot find skilled talent. The Cisco Networking Academy program gets you started on a path to these jobs. Learn more about the courses that map to these career pathways.   Today’s Professional Every business professional needs a basic understanding of the Internet of Things (IoT), cybersecurity, and an entrepreneurial mindset to compete for jobs and success in the digital economy.   Network Administration If you like fixing things, are constantly learning, and appreciate an elegant solution to a complex problem, you might like jobs in networking. Be ready to communicate plans, collaborate with colleagues, create a bud...

                                          Tech tremors: IBM, HP, Oracle & Dell may announce layoffs Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said. Companies that traditionally have made most of their money selling computers, chips, servers, routers and other equipment are especially vulnerable, analysts say, as mobile applications and cloud computing become increasingly important. The Cisco layoffs come in the wake of Intel's announcement in April that it was laying off 12,000 workers. Dell Inc said in January it had shed 10,000 jobs and is expected to make further ...

Nasscom cuts IT export growth forecast to 8-10 pc for 2016-17.     cisco.com Software association Nasscom today lowered IT export growth target to 8-10 per cent for 2016-17 amid global macroeconomic headwinds and the fallout of Britain's exit from the European Union. At the start of the year, Nasscom had projected 10-12 per cent growth rate for Indian software services, including the business process management, for the current fiscal. Global uncertainties like Brexit, post US election dynamics, currency volatility and slowdown in BFSI discretionary spend are all impacting growth, Nasscom President R Chandrashekhar said, adding that the short-term political and economic uncertainties could last over the next two quarters. Nasscom expects the incremental revenue addition to be between USD 8-10 billion in 2016-17, against USD 10 billion in 2015-16. Earlier this month, Chandrashekhar had told PTI that "a revision is clearly on the cards and it will be dow...

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