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added: 08-12-2008

India has joined China, Australia, the UK, Europe and other major economies in stepping up the pace of interest rate cuts to try and ease the pain of the economic slowdown. But like China and Australia, India's economic growth remains positive, but is slowing.

Major Retailers Experience 161% Increase in Attempted Hacker Attacks

added: 08-12-2008

SecureWorks(R)reports they have seen a 161% increase in the number of attempted hacker attacks they are blocking for their retail clients. Attempted attacks increased from an average of 56,000 per client per month in the first six months of the year to 133,000 per client per month for the last five months.

Companies Step Up Workforce Planning Activity in Response to Economic Slowdown

added: 08-12-2008

As companies begin to feel the effects of the economic downturn, they are ramping up their workforce planning activities, according to a survey by Watson Wyatt Worldwide, a global consulting firm.

SMS Still "King" as Worldwide Messaging Revenues set to Exceed USD 224 Billion by 2013

added: 08-12-2008

A new report from Portio Research focused on mobile messaging suggests that SMS will continue to be the cash cow of mobile data revenues for some time to come. Traffic volumes and revenues continue to confound predictions and are expected to keep growing throughout the global economic downturn. Indeed the whole mobile messaging industry worth USD 130 billion in 2008 is predicted to be worth USD 224 billion by 2013, 60 percent of non-voice service revenues.

Deloitte: One-Third of Companies Still Have No Policy on Legal Holds for Discovery

added: 08-12-2008

One-third (30 percent) of attorneys and executives polled by Deloitte said their companies have no formal policies and procedures in place regarding legal holds, the process by which companies preserve evidence subject to discovery for lawsuits and other legal and regulatory matters.

U.S. Consumers are Trimming Holiday Spending

added: 07-12-2008

With a lagging economy and unemployment on the rise, savvy shoppers will be keeping a close eye on their holiday spending this season. Despite a boost on Black Friday, National Retail Federation is still forecasting U.S. retail industry sales will only increase 2.2 percent in 2008 - the least amount of growth in six years. So it's not surprising that a majority of consumers (54 percent) say they plan to spend less this holiday season than they did last year, according to a new survey commissioned by TrueCredit.com and conducted by Zogby International.

Business Marketers Now Spend Nearly Half Their Budgets Online

added: 07-12-2008

A survey of business-to-business marketers indicated that the migration of communications budgets from traditional media to online has accelerated to the point where nearly half of all spending, 47 percent, is spent on online marketing techniques today.

Organized Retail Market in India Looks to Security Solutions as It Expects 44 Percent Growth by 2012

added: 07-12-2008

In 2007, total sales for the India retail market comprised of organized and unorganized retailers were $339.7 billion. By 2012, the retail market is projected to grow to around $551.4 billion. In a country with over one billion inhabitants, consumer retail demand is growing rapidly as the region modernizes, paving the way for retail expansion. With rapid industry development, the majority of retailers focus on improving loss prevention solutions that maximize growth and profitability.

56 Percent of Americans Think U.S. Needs to Help Citizens More in Tough Economy

added: 07-12-2008

Consumer Reports' latest national survey finds that more than half (56%) of respondents think that government hasn't done enough for them in these tough economic times.

Emerging Markets Hold Potential for World Retail Software Markets, According to Frost & Sullivan

added: 07-12-2008

Despite unfavorable economic conditions in countries such as the United States and Japan, the prospects for the retail software market look particularly promising in the emerging Asia Pacific and Central and Eastern European (CEE) markets. This upward trend will continue, as retailers in these regions continue to focus on Business Intelligence (BI), analytics and customer centric solutions.

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