Accenture UK has confirmed it is to cut 300 to 400 jobs in the wake of the downturn in the financial services sector.
IT services firm ASG Group has acquired ASX-listed Oracle database firm AD-B Group for $3 million, claiming it gives the company an in-road to lucrative defence contracts.
Microsoft CEO Steve Ballmer expressed hope yesterday that the US Congress would take action to address a deepening financial crisis, which he warned could ripple across spending on all levels of the economy.
A new survey has found that IT companies expect to hire less staff in the coming quarter while they await the impact of the Federal Governments spending reviews and monitor the current crisis in the US financial services sector.
Indian outsourcing companies are likely to be affected by the economic downturn in the US, an Indian trade body has warned.
Diversified IT products and services company Data#3 this week said it was in the middle of a two-year internal software and systems revamp, including roll-outs of Office 2007 and Salesforce.com.
Global IT services firm Unisys has formally replaced its local managing director Steve Parker, more than half a year after the executive quietly left the company to take the chief operating officer role at up and coming competitor Oakton.
IT services provider Unisys announced yesterday in the US it had begun a search for a new CEO, as the company struggles to right its operations.
A chief information officer has been appointed to deliver the technology behind the London 2012 Olympic Games and Paralympic Games.
Australian financial services giant AMP has re-thought the way its information technology security team relates to the rest of the business as a result of the industry's increasing reliance on Web applications to deliver services.
Australia's central bank has criticised the nation's four largest commercial banks for shirking on investments in payment systems technology, resulting in a lack of innovation and neglect of systems like EFTPOS.
Citing a slow down in financial services, IT outsourcing firm Tata Consultancy Services has chopped 15 SAP specialists from its Australian financial services division.
The Australian Law Reform Commission yesterday released a report recommending Australia introduce data breach disclosure laws but Senator John Faulkner said that bridge would not be crossed by government at least for the next 18 months.
The National Australia Bank will approach the overhaul of its core banking systems cautiously over the next year, spending just $30 million on the Oracle-based first stage of the project, the bank's chief information officer Michelle Tredenick said today.
NAB has announced the first phase of its Next Generation Platform initiative to replace its core-banking systems this morning, naming Oracle its partner.
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