software

Infosys names Capgemini’s Salil S Parekh as CEO

Salil S Parekh, a member of the executive board at Capgemini, has been appointed CEO and Managing Director of Infosys for a five-year term, starting on 2 January 2018. Current Chairman and Infosys Co-founder Nandan Nilekani said Parekh “has a strong track record of executing business turnarounds and managing very successful acquisitions”, backed up by »

Financial services at higher risk of software security breaches, CAST report finds

Last week, CAST, the Paris-based provider of software intelligence, announced in its global benchmarking report on the state of software security that financial services’ existing software is more vulnerable to security breaches compared to that in other sectors. The CRASH Report on Application Security measures software vulnerability by analysing the density of an application’s common »

Zephyr acquires Atlassian visual feedback testing tool

On 13 November 2013, Zephyr, the California-based test management software provider, acquired Capture for JIRA, a visual feedback and collaborative testing tool from Atlassian, the Sydney-based enterprise software company. Of the acquisition, Zephyr CEO Scott Johnson said: “We are excited to bring software testing innovation to Capture for JIRA customers and expand our collaboration with »

Quality needs to be at the heart of digital transformation, says SQS CEO

SQS, the Cologne-based consultancy firm specialising in quality assurance for software-based systems, has released its key findings from a survey conducted to analyse the perceptions and usage of different types of banking channels by the UK general public. The survey, undertaken by Arlington Research who led 2,000 online interviews, found that although 95% of the »

QA Mentor, Inc. acquires TestMatick

QA Mentor, Inc., a New York-based software quality assurance and testing services provider, announced last week the acquisition of TestMatick, a privately held software testing company in the Ukraine, with headquarters in Cherkassy. Founder and CEO of QA Mentor, Inc. Ruslan Desyatnikov said “this acquisition will help QA Mentor, Inc. strengthen its position in the »

Infosys reduces sales outlook, but says open source is area of future growth

In second quarter results released this week, leading systems integration firm Infosys has cut its annual revenue forecast to a range of between 6.5% and 7.5%, compared to analysts’ expectations of around 7.6%. However, the results suggest that client engagements continue to evolve, as new models and go-to market approaches are explored. Earlier this year, »

Ex-Barclays CEO Jenkins Bags $46 Million for His Fintech Startup

Now Jenkins has the opportunity to practice what he preaches. Today his fintech startup, 10X Future Technologies Ltd., announced it has raised 34 million pounds ($46 million) in a Series A round led by Ping An Insurance (Group) Company of China Ltd., a financial services firm in Shenzhen, and Oliver Wyman, a consulting firm owned »

Equifax Falls After Signs It Was Slow to Fix Flaw Hackers Used

Equifax Falls After Signs It Was Slow to Fix Flaw Hackers Used

The disclosure suggests that Equifax may have been slow to take basic steps to secure its most sensitive data, and will likely add to calls for stronger oversight of an industry whose information in the hands of criminals can enable the worst kinds of identity theft and fraud. The company faces a Federal Trade Commission »

SQS results for H1 hit by banking client loss

SQS results for H1 hit by banking client loss

SQS, the Cologne and London-listed software testing service provider, revealed on September 13 that the loss of a major banking client had contributed to the a decrease in revenues for the first half of 2017. The lost contract was worth €7.0m, SQS said, leading to a like-for-like revenue decrease of 3.9% to €160.1m, compared to »

Caribbean-based insurance providers, Advantage, choose Graphite GTC platform for software improvement

The Graphite GTC platform serves business owners in risk management and financial planning and says its tools and technology enable the development of large-scale software projects and applications. Advantage said it will use the no-code development platform to build business processes related to insurance and data management. It said the GTC platform will develop more »

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