Page 39 - IACC Newsletter March-April 2014 Issue 03

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ten years India may have that tremendous catch up opportunity with India's trump card being its demographics. The
median age in India, if I have got this right, is 26 years. That is a staggeringly young age for a 1.2 billion population. We
know that the median age in China is significantly higher than that of India, and China is having a seriously challenging
demographic that's ageing rapidly.
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Connecticut based pharmaceutical company extends contract with HCL Tech
HCL Technologies will also work on new assignments such as virtualization, back up transformation and future product rollouts
IT services company HCL Technologies on Wednesday said its customer, Prudue Pharma LP, has extended an IT
infrastructure management contract that was originally signed in 2010. The financial terms of the initial contract as well
as the extension were not disclosed.
Under the new terms of the contract, HCL Technologies will expand collaboration with the US-based pharmaceutical
company on its ongoing IT and infrastructure management, by extending support to existing projects such as data center
management. HCL Technologies will also work on new assignments such as virtualisation, back up transformation and
future product rollouts.
“HCL will enable establishment and adoption of new systems and technologies by providing unified service aggregation
and management across their servers, network, messaging, database, storage and backup,” the company said in a
release. “HCL will also render service desk and remote desktop services for all US offices of Purdue from its North
Carolina based delivery center. With capacity for more than 1,000 seats, HCL’s North Carolina center is one of the key
hubs for delivering information technology, infrastructure management and business process services to its global
Purdue Pharma is a privately-held pharmaceutical company known for pioneering research on chronic pain. It is engaged
in the research, development, production, and distribution of both prescription and over-the-counter medicines and
hospital products.
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India among fastest growing markets, SMBs driving growth: Adobe
Headquartered in California Adobe, known for software’s like Photoshop and Reader, today said India ranks among its
fastest growing regions with strong growth coming across segments, especially small and medium-sized businesses
"India for us is among the fastest growing regions and we are very optimistic about the growth in the SMB segment,
besides, we are also targeting consumers like students, teachers and photographers among other to adopt CC offerings,"
Adobe Managing Director South Asia Umang Bedi told media For the first quarter of 2014 fiscal ended February 28,
2014, NASDAQ-listed Adobe reported revenue of USD 1 billion, of which Asia-Pacific including India, was USD 163.7
The US-based company has offices in about 34 countries spread across North America, Asia, Australia and New Zealand,
Europe, Middle East, Africa and South America. Giving a breakdown on the SMB market, Bedi added that out of the
total segment, the addressable market for the firm is about 10 million of which about 5 million have a PC.
"We are very optimistic about this segment and adding individual consumers like student-teachers and photographers
to it, we think we have a great going ahead. We have really worked on out prices and made them highly competitive. It’s
like a total mind shift for us," he said. Buoyed by the response to its Creative Cloud offering, the US-based firm today