Accenture to offer end-to-end public cloud solution on Windows Azure

Accenture to offer end-to-end public cloud solution on Windows Azure

IT consulting firm Accenture has gained the authorization to sell a back-to-back public cloud solution on the Microsoft's Windows Azure platform, thanks to recent deal between the two companies.

Under the terms of the deal, Accenture and its subsidiary Avanade will assist customers in building, deploying and managing apps on the Azure platform.

The agreement will help Microsoft and Accenture to compete with CSC more effectively. CSC also offers consulting services as well as apps design for its own cloud data centers.

In short, the agreement spare customers from negotiating separate contracts. Along with its subsidiary, Accenture has already been creating systems to run on Azure platform.

Last year, Accenture and its subsidiary invested 170,000 hours on the development of projects, and delivered forty Windows Azure-based projects.

Paul Daugherty, chief technology architect at Accenture, said, "Our clients are increasingly looking to generate the business benefits of moving into the cloud. We can offer the capabilities, flexibility, and innovation to help them on their journey."

Accenture, which offers outsourcing, consulting and technology services to big fig firms around the globe, has a work force of around 246,000 employees.


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RBI unlikely to cut interest rates at its June 17 meeting

RBI unlikely to cut interest rates at its June 17 meeting

The Reserve Bank of India (RBI) isn't expected to announce any cut in interest rates on Monday, June 17, despite falling of headline inflation to a 43-month low in May.

While some analysts are of the view that the central bank should announce a cut in key rates as Wholesale Price Index (WPI) based-inflation slipped to 4.70 per cent in May, its lowest level since October 2009; many others are of the view that retail inflation is still high and the rupee is at its record low levels.

Infosys shares jump on pay hike announcement

Infosys shares jump on pay hike announcement

Infosys shares jumped in early trade on Friday, a day after the Indian software firm announced pay hikes for its all eligible domestic as well as overseas employees.

On Thursday, the country's second-largest software services provider announced that it would hike salaries by an average of 8 per cent for Indian staff and by 3 per cent for overseas staff.

In response, Infosys stock jumped 0.35 per cent to Rs 2,387.60 a share as of 09.20 am on the Bombay Stock Exchange (BSE), while the broader BSE information technology benchmark slipped into the red.