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eveloped and Emerging Markets
Emerging regions such as Asia/Pacific, Latin America, the Middle East and Africa will continues to rise and generate IT spending of $1.1trillion in 2008, according to Gartner
Brazil, Russia, India and China (BRIC Economies) will lead this growth, according to Gartner, and spending in those four states will make up a third of all developing world IT spend.
Wipro Infotech — India, Middle East & Asia Pacific IT business unit of Wipro– announced that it has won a $50 million 5 year outsourcing contract from Pantaloon Retail.
Wipro Infotech would be responsible for rolling out and managing IT operations across all Pantaloon outlets. The company will deliver infrastructure management and application support services, managed security services and data centre hosting, operations & management services.