Tag: Fall

14
Oct
2020
Posted in technology

Wipro shares fall nearly 7% as organic growth, revival plan disappoint

By Sethuraman N R

BENGALURU (Reuters) – Shares of Wipro Ltd fell 6.8% on Wednesday, a day after the software services firm posted quarterly organic revenue growth that was lower than peers and disappointed some investors with its plans to revive growth.

Chief Executive Officer Thierry Delaporte, who took the helm in July, said on Tuesday Wipro would focus more on large deals and “prioritize the markets and sectors that are relevant,” without giving more details.

The commentary let down some investors who were hoping for more concrete steps from a company that has underperformed its rivals in the recent past.

“The strategic roadmap from the CEO to revive growth was not as strong as it was expected to be,” IDBI Capital research analyst Urmil Shah said.

Wipro also saw a decline in revenue from its key markets of the Americas and Europe in the second quarter as clients cut spending, but some new deals helped to keep overall revenue largely flat at 151.15 billion rupees ($2.06 billion).

“Organic growth was down 4.5% year-on-year, lower than Accenture Plc (down 3%) and Tata Consultancy Services Ltd (down 3.2%),” AMP analysts said.

Quarterly profit also fell and missed analysts’ estimates.

Wipro said it expects revenue at its IT services business to be in the range of $2.02 billion to $2.06 billion in the December quarter, lower than the $2.09 billion it earned a year earlier.

The company approved a 95 billion rupees share buyback at 400 rupees per share.

“While the quantum of buyback was largely in line with our expectations, the buyback price was a disappointment,” ICICI Securities said in a note.

Wipro shares were set for their biggest one-day percentage loss since April in a weak broader market, while rival Infosys Ltd was down 0.2% ahead of quarterly results later

13
Oct
2020
Posted in technology

Japan firms fall woefully short of meeting government goals on women in management – Reuters poll

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

FILE PHOTO: A woman wearing a protective face mask uses an escalator in a quiet business district on the first working day after the Golden Week holiday, following the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan, May 7,2020.REUTERS/Kim Kyung-Hoon

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

“Regardless of sex, we should hire talented people and promote them on their merits, rather than putting priority on the proportion,” a chemicals maker manager wrote in the survey.

A paper and pulp maker manager wrote: “We hire more female new graduates than male, but many female hires tend to leave the company after a while, making it hard to raise female managers.”

The survey, conducted for Reuters by Nikkei Research, canvassed 485 large and midsize non-financial firms. About 240 firms answered the questions on condition of anonymity.

The results were similar to the previous poll taken in 2018.

Japan’s global ranking on gender parity fell to 121st out of 153 countries in a

13
Oct
2020
Posted in technology

Japan firms fall woefully short of meeting government goals on women in management: Reuters poll

By Tetsushi Kajimoto

TOKYO (Reuters) – About one-fifth of Japanese companies have no female managers and most say women account for less than 10% of management, a Reuters monthly poll found, highlighting the struggle for the government’s “womenomics” drive to make headway.

The survey results come as Japan is seen to delay its target this year to raise the share of women in leadership posts to 30% as part of the government’s campaign to empower women, dubbed “womenomics”, and cope with Japan’s ageing population.

The Reuters Corporate Survey, conducted Sept. 29-Oct. 8, found 71% of Japanese firms said women accounted for less than 10% of management, while 17% had no female managers at all.

Asked how much scope there was to increase female managers, 55% said by around 10%, a quarter said by about 20%, one in 10 firms said by around 30%, while 5% saw no room for that.

“Regardless of sex, we should hire talented people and promote them on their merits, rather than putting priority on the proportion,” a chemicals maker manager wrote in the survey.

A paper and pulp maker manager wrote: “We hire more female new graduates than male, but many female hires tend to leave the company after a while, making it hard to raise female managers.”

The survey, conducted for Reuters by Nikkei Research, canvassed 485 large and midsize non-financial firms. About 240 firms answered the questions on condition of anonymity.

The results were similar to the previous poll taken in 2018.

Japan’s global ranking on gender parity fell to 121st out of 153 countries in a World Economic Forum report for 2020.

New premier Yoshihide Suga’s 21-member cabinet has just two female ministers, and women account for just short of 10% of all lawmakers in parliament’s powerful lower house.

While aiming to

11
Oct
2020
Posted in programming

A.R.T. Announces Fall 2020 Programming Featuring Civically Speaking Discussion Series, Behind the Scenes Series and More

Programming includes That Kindness: Nurses in Their Own Words
With V (Formerly Eve Ensler), The Lunch Room virtual talk show and more.

A.R.T. Announces Fall 2020 Programming Featuring Civically Speaking Discussion Series, Behind the Scenes Series and More

American Repertory Theater has announced virtual Fall 2020 Programming including the Civically Speaking discussion series; the Behind the Scenes series; and Kidding Around family programming.

“A.R.T.’s virtual fall programming engages local artists and amplifies their work in a new series called Virtually OBERON, and also includes special programming for children and their grownups with our new all-ages musical, Jack and the Beanstalk: A Musical Adventure,” said Paulus. “Later this fall, we will be co-producing the world premiere of a new play in partnership with four theaters across the country-stay tuned for details about this exciting project in the coming weeks. We are also offering three conversation series: Behind the Scenes, featuring A.R.T. artists making work; Civically Speaking, examining politics, history, and the meaning of democracy; and The Lunch Room, A.R.T.’s popular weekly talk show.”

“We believe in the transformative potential of shared space and shared experience, and we look forward to inviting audiences back into our spaces for 1776 and other future productions when health and safety guidelines allow. In the meantime, we are excited about partnering with our audiences in new ways this fall,” said Paulus.

Virtually OBERON events and Jack and the Beanstalk will have a suggested ticket price along with a pay-what-you-can option; The Lunch Room and virtual events in the in the Civically Speaking and Behind the Scenes series are free and supported by donations. Tickets can be purchased and registrations secured now for select events at americanrepertorytheater.org; additional shows and events will be available later this fall.

In addition to the virtual programming and events listed below, A.R.T. is centering several ongoing collaborations and partnerships:

With Lisa Yancey and the Yancey Consulting team,

08
Oct
2020
Posted in software

Software predicts the rise and fall of every river on Earth

Software predicts the rise and fall of every river on Earth
BYU civil and environmental engineering professor Jim Nelson at the Provo River. Credit: Jaren Wilkey/BYU

In July heavy rains triggered landslides and floods in Nepal that ultimately killed more than 130 people. As soon as the rain started falling, BYU professor Jim Nelson knew things could get bad.


That’s because the water-modeling software created by Nelson and colleagues from NASA under the Group on Earth Observations Global Water Sustainability (GEOGloWS) Partnership can predict the rise and fall of every river on the face of the planet. And in the case of Nepal, the streamflow forecasts were warning of severe flooding throughout the country.

Fortunately, the predictive models, accessible through the BYU software, made it into the hands of emergency agencies in Nepal, saving many lives in what could have been a catastrophic loss of life.

Nepali officials being able to access this vital information through Nelson’s large-scale visualization hydrologic data services was not a lucky break—it was by design. The models are a key tool in a rapidly expanding initiative from NASA and the U.S. Agency for International Development called NASA SERVIR, whose vision is to bring “Space to Village,” by leveraging satellite-based Earth monitoring, imaging and mapping systems that help people worldwide assess ecological threats and rapidly respond to natural disasters.

“Our tools help directly assess both flood risk and drought risk,” said Nelson, professor of civil and environmental engineering at BYU and principal investigator with the NASA SERVIR Applied Sciences Team. “Most communities around the world live around rivers, so having advanced notice becomes really important. We are providing the information so local governments and agencies can make intelligent, informed decisions.”

SERVIR is up and running in more than 30 countries and includes more than 40 custom tools for local agencies to use in decision making. Web-based satellite