The ISA calls on more companies to utilise the currently available IEP20 million R&D fund | IT company Pace has merged with Dubin-based E-blana.
The Irish Software Association (ISA) has called on more companies to utilise the currently available IEP20 million R&D fund. Irish technology companies can access up to IEP350,000 of grant aid each under the RTI (Research Technology & Innovation) fund which is administered by Enterprise Ireland on behalf of the Office for Science & Technology. The association claims that over 90 percent of software companies have implemented R&D Projects in the last three years but only 42 percent had applied for State support.
Worldwide cellular handset sales will grow by a modest eight percent in 2001 to reach 440 million units according to Strategy Analytics. Low replacement activity, responsible for the weak market, will rebound after 2001 resulting in 20 percent annual growth in subsequent years. Worldwide handset sales will pass the one billion mark in 2006.
Iona has announced a sixteen part Webcast series called "The Truth About Web Services." The series aims to educate developers, managers and executives about the benefits, strategies for adoption, and implementation of Web Services. The series commences on 20 September through to 15 November and more information is available at http://www.iona.com/ws-webcasts/
Following the demerger of BT into two new companies, BT Group plc and mmO2 plc, BT has notified the Tokyo Stock Exchange that BT shares would be de-listed from the Tokyo Stock Exchange (TSE). The last day of trading in BT shares on the TSE is expected to be 16 November 2001.
Pointsec Mobile Technologies has entered into an agreement with the US tax authority, the IRS (Internal Revenue Service), for the supply of the security applications Pointsec for PCTM and Pointsec for Palm. The IRS will use the software to protect its portable computers and its Palm handheld computers. The order will be delivered during the current quarter and is estimated to be worth just over SEK3 million.
IT company Pace (Park Applications Computer Engineering Ltd) has merged with E-blana. Pace, based in Craigavon employs 27 people. E-blana, based in Dublin, focuses on modernising public services and developing electronic markets and has recently completed work on the Courts Service.
Lucent Technologies has signed a multi-year contract with France Telecom to be a major supplier of an advanced 10 gigabits per second (Gb/s) optical network designed to accommodate the growing bandwidth requirements of France Telecom's business customers in France. At the heart of the network will be a Lucent optical networking system with enough capacity to transmit 2 million one-page e-mails per second across a single fibre strand.
EBay has confirmed that it will meet its estimates for the third quarter of 2001, which call for EPS (earnings per share) of USD0.11 on USD185 million in net revenues. The company will announce its quarter three financial results on 18 October, after market close.
NewWorld Commerce has signed an agreement with Bewley's to provide e-marketing solutions to the company. NewWorld Direct will provide Bewley's with a platform for on-line marketing initiatives including customer surveys, competitions and affiliate programmes.
IBM announced the Linux Digital Studio Solution, its complete Linux-based solution for the media and entertainment industry. The package represents a suite of IBM workstations, servers, storage and services all designed to support animators, special effects wizards and digital media producers as their work increasingly takes advantage of Linux.
According to IDC, the enterprise system management software market grew to USD13.8 billion in 2000 and is expected to increase to USD24.9 billion in 2005. This represents a compound annual growth rate (CAGR) of 12.5 percent for the forecast period. Of the 10 functional markets that comprise the enterprise system management software market, performance management software and backup and archive software are the largest, with each grabbing about 19 percent market share. IDC projects both of these markets will increase at a 12 percent CAGR over the forecast period.
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