Daily dose of IT ,Hardware , Cell phones and other technology
TATA Consultancy Services (TCS) beat the market outlook by posting decent Q2 numbers following in Infosys path.
The net profit was at Rs 1,640 crore vs Rs 1,533 crore QoQ (Quarter-on-Quarter). The results are up 3.2% QoQ and 6.9% YoY.
TCS is expected to announce Full VA for its employees for the Q2 this month.
The positive results is expecte to boost IT stocks in the market despite Climbing Rupee.
Well the Sun-Oracle merger throws more questions than answers everyday, though Oracle’s intention on Java cannot be doubted, on the other hand the fate of Netbeans and GlassFish is uncertain. Oracle also own WebLogic server and is more popular than Glass Fish and in all probability development on GlassFish might end in the near future.
But on Netbeans front the story can be different, though Oracle currently promotes Eclipse IDE, it might change its tune in the near future, Netbeans is a neat package and good IDE for Java/J2EE development. Currently Netbeans bundles Glassfish,Tomcat and even WebLogic Server.
And the larger impact could be on Open Source database promoted by Sun, MySQL. Few years back Sun purchased MySQL and MySQL is one of the most popular database used for websites and other applications. And MySQL is a direct competitor in these areas, So there will be many players watching Oracle’s next move.
Well before all this European regulators need to clear the merger as Oracle is buying out Oracle’s direct open Source competitor in MySQL (currently owned by Sun).
Lets see how things play out in the near future.
IBM is facing an investigation from Depatment of Justice (US) for its competition killing practices in Mainframe space. Earlier IBM used to license its Mainframe software to be run on Non IBM hardware, but sometime back IBM withdrew such offers and now completely dominates the hardware segment of Mainframes.
Also one more claim is that since many Major clients have written complex business code on Mainframes and IBM has made it very difficult to port these applications to another vendor say Oracle or Microsoft.
T3T a smaller company is pursuing a case against IBM in this regard but was rejected by the court recently. But now Justice department has taken the matter. Earlier Platform Solutions sued IBM but later was purchased by IBM and hence ending any chance of legal battle.
Now the Computer & Communication Industry Association (CCIA) which includes Oracle,Microsoft,Google ,Redhat among others has been asked to provide inputs on the investigation by Dept of Justice.