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Wednesday, 22 August 2012

Job: Peoplesoft Tester In Chennai

Title

Peoplesoft Tester

Categories

India

Grade

G4

Skill

Peoplesoft, HRMS Testing, Payroll

Start Date

21-08-2012

Location

Chennai

Job Information

3-5 years of experience in ERP Related Product Testing.

Knowledge of complete testing life-cycle and different testing methodologies.

Min. 2 – 3 years of hands on experience on PeopleSoft – HRMS.

Min. 1 year of experience on writing Test Scripts on PS Payroll Module.

Good knowledge on HP QC.

Strong analytical and troubleshooting skills.

Unit

10

 

Apply Now

Friday, 10 August 2012

Short-term contracts give mid-cap IT cos new lease of life

With the duration of outsourcing deals getting shorter, deals worth nearly USD 85 billion are up for renegotiations this year, reports CNBC-TV18’s Shreya Roy.

Shreya Roy, Reporter, CNBC TV18

Midcap IT players may get a new lease of life. With the duration of outsourcing deals getting shorter, deals worth nearly USD 85 billion are up for renegotiations this year, reports CNBC-TV18’s Shreya Roy.

Over the last few years, uncertain times have forced IT companies to go in for more short-term contracts. For mid-cap IT companies, this may have been a blessing in disguise.

Data from outsourcing advisory firm TPI says that around 700 contracts will be up for renegotiations this fiscal year, compared to 530 last year.

“There is a significant reduction in the tenure of contracts as they were originally signed. Compared to 10 years ago, when 500 of these were being done, there are 1000 a year. The tenure has gone down to five years instead of seven, so a lot of deals are naturally coming back to the market as renewals. In itself, this is a very large opportunity,” said Siddharth Pai, partner and MD at TPI India.

For many IT players, this may be just what the doctor ordered. After all, renewals account for almost 65% of the outsourcing market. Advisory firm Everest estimates that by October 2013, deals worth nearly USD 85 billion will be up for renewal.

These include a contract between HP and Bank of America, a mega deal from Shell group which is currently with AT&T, HP, and T-Systems, a blue cross blue shield deal with Dell and Manu Life's deal with IBM.

Many of these contracts are expected to be broken up into smaller chunks, as outsourcers are looking increasingly towards multi-sourcing. Analysts say this could work in the favour of the smaller players, especially those like Mindtree and Hexaware, which have been focusing on developing niche capabilities to help differentiate from larger players.


 

Tuesday, 7 August 2012

Hexaware Technologies :Riding High! --nirmal bang,

Riding High!
Hexaware Technologies Limited (HTL) is a mid-sized IT company mainly catering to the capital markets (BFSI) and the airline (transportation) sector. It also focuses on enterprise software provided by PeopleSoft and Oracle. Recent large client wins has bought back the focus on this company which has good expertise in the niche areas. 


Investment Rationale

 Improved Revenue visibility due to large wins in the past 5 quarters

The deal wins of over $ 625 mn which HTL has gained in the past 5 quarters is commendable. HTL’s efforts of mining the existing clients in the gloomy days are paying off now reflecting in the incremental revenue streams it has earned. These long term deals give enough revenue visibility for CY12. In addition, HTL is negotiating almost 4 deals above $25mn which are in the pipeline.

 Margins moving northwards – room for further heights
EBIDTA margins have improved 812 basis points in the past 5 quarters led by drastic control in the operating costs. The company has in addition utilized its offshorablity lever in its advantage by moving almost 14% of work offshore during the same period. Currently, onsite: offshore mix stands at 53:47, utilization in early 70’s and plans to hire freshers would further aid the margins going forward. We expect HTL to report EBIDTA margins of 20% + in CY12E and CY13E.

 Proficiency in niche segments paying off
HTL earns 60% of its revenues from the Capital Markets and Travels industries and almost 30% of revenues come from enterprise solutions in terms of its service lines. In enterprise solutions, 60-65% of its revenues are from PeopleSoft where other software vendor’s focus is less.

 Guidance Revision of 20% on USD revenues for CY12E

On the back of good deals won recently, the company has revised the revenue guidance in USD terms to 20%. We feel this is a little conservative and the company can easily beat the guidance for CY12E.
Valuation & Recommendation

We expect HTL’s revenues to grow at a CAGR of 25% and adjusted profits to grow at a CAGR of 21% over CY11-CY13E. Margin improvement would remain under focus and we expect HTL’s EBIDTA margins improving by 313bps to 21.2% in CY13E from 18.03% in CY11. At CMP, the stock is trading at 10.4x and 8.6x for CY12E and CY13E respectively. On the back of improved financials and good revenue visibility, we recommend a BUY on the stock, assigning a target multiple of 11x for CY13E EPS with a price target of Rs. 147 which is a potential 28% upside.

Risks to our Rationale:

 Concentration in Discretion spending Revenues

Hexaware derives more than 50% of its revenues from Enterprise solutions and Business Intelligence and Analytics which could get affected in economic downturn. However, the recent deal wins re-affirms the revenue visibility for the company for CY12E.

 Industry Risks of wage pressures, rupee appreciation and competition
Rupee depreciation has acted in favor of the company and Industry per say. Any severe reversal of the rupee trend would affect the prospects of the firm.

 Exposure in the European Region
The company has 28.4% exposure in the European region and few of the major deals have been signed with clients in this region. Looking at the current economic scenario prevailing in the Euro zone, any delay in commencement of these deals or cancellation may impact the margins severely.

Valuation & Recommendation
We expect HTL’s revenues to grow at a CAGR of 25% and adjusted profits to grow at a CAGR of 21% over CY11-CY13E. Margin improvement would remain under focus and we expect HTL’s EBIDTA margins improving by 313bps to 21.2% in CY13E from 18.03% in CY11. At CMP, the stock is trading at 10.4x and 8.6x for CY12E and CY13E respectively. On the back of improved financials and good revenue visibility, we recommend a BUY on the stock, assigning a target multiple of 11x for CY13E EPS with a price target of Rs. 147 which is a potential 28% upside.

Monday, 6 August 2012

Hexaware Q2 net rises 48% on higher revenues

Software service provider hexaware technologies has reported a 48 per cent increase in net profit at Rs 89.03 crore for the second-quarter ended june 2012 against the same period last year.

Click here to read more…

The-hindu-business-line-august-1-2012

Hexaware bets on UK, new verticals to lead mid-tier IT growth

Infosys, TCS and Wipro may be getting cautious in their outlook, but not hexaware technologies

.

After nine quarters of positive growth, the mid-tier leader is confident of a 20% year-on-year (yoy) growth in dollar revenues for fiscal 2013.

 

 

 

Monday, 16 July 2012

BusinessObjects Administration – Session Management

Hi Readers,
In this blog we are going to see one of the common Issues in Business Objects deployment i.e. Stale sessions which catch up the concurrent user licenses. Let’s have a look on the issue briefly.
Problem statement:
Concurrent users are being shown as logged in multiple times and their sessions are not being cleared even when they are not using the Business Objects Applications. As a result concurrent user licenses are getting used up very quickly causing other concurrent users facing login Issues due to unavailability of concurrent user licenses (i.e.) All the concurrent licenses are utilized.
Impact – What are the effects/symptoms of the issue?
Concurrent Users of the system will be facing logon Issues due to unavailability of the concurrent licenses.
Benefits
  • Effective utilization of existing Business Objects Licensing
  • Useful for re-sizing of Business Objects deployment.
Solution Approach for resolution
1. Always ensure that Session Cleanup Listener and Logon token parameters are configured properly in respective business objects applications.
Open web.xml under <BO Installdir>\Business Objects\Tomcat55\webapps\InfoViewApp\WEB-INF
And make sure that the below configuration has been made (in BO 3.x).
  • Session Cleanup Listener is active/ uncommented.
-          This will ensure the automatic session cleanup is enabled
  • Logon token is set to disabled.
-          Changing the true to false does not allow the token to re-login from stale session.
The above is for Infoview application. If you want to implement the same for other 3-tier applications like CMC, Xcelcius and AdminTools, you have to modify the web.xml for each application directory within Business Objects Installation directory.
2. Implement a SDK utility which periodically monitors and cleans up the stale sessions which consumes the concurrent user license.
Hope the blog could be useful for User and Session management for Business Objects Administrators.
Thanks for reading.  

BusinessObjects Administration – Repository Diagnostic Tool

Hello Booglers,
Repository Diagnostic Tool (RDT) is going to be the topic of discussion today. It is always possible in every business objects deployment to have inconsistencies between CMS database and File Repository Servers. This may occur during events such as Backup restoration, disaster recovery or network outage. CMS system database may be interrupted during these events and causes inconsistencies with objects in the CMS database.
Repository Diagnostic Tool (RDT) comes into picture here. It scans the CMS system database and identifies inconsistencies in infoobjects, diagnoses and repairs them.  Types of inconsistencies are
  • Object to file inconsistencies
Inconsistency between info objects in CMS database and the corresponding file in FRS
  • Infoobjects metadata inconsistencies
Inconsistency in metadata of an infoobjects in CMS database.
Running RDT Tool
You can find the RDT tool here:
In WINDOWS:
The executable is “reposcan.exe” and is available in
“<INSTALLDIR>\BusinessObjects Enterprise 12.0\win32_x86\”
In UNIX:
The Shell script is “boe_reposcan.sh” and is in “<INSTALLDIR>/bobje/”
Sample RDT Usage Pattern (Windows):
We need to execute the below in Command prompt from the reposcan.exe’s installation directory. The below sample is for CMS database in SQL SERVER.
reposcan.exe
-dbdriver sqlserverdatabasesubsystem
-connect “UID=XXX;PWD= XXX;DSN=XXX”
-repair true
-inputfrsdir “E:\Program Files (x86)\Business Objects\BusinessObjects Enterprise 12.0\FileStore\Input”
-outputfrsdir “E:\Program Files (x86)\Business Objects\BusinessObjects Enterprise 12.0\FileStore\Output”
-outputdir “E:\Program Files (x86)\Business Objects\BusinessObjects Enterprise 12.0\reposcan”
-scanfrs true
-scancms true
-repair false
XXX has to be replaced with your DSN credentials.
Viewing Repository Diagnostic Tool’s result set
The output files would be generated at the below directory by default:  <BOE install>\BusinessObjects Enterprise 12.0\reposcan. You can change the default location with a different directory using -outputdir option in reposcan execution usage pattern.
The output files generated would be
  • The name format of scan output file is Repo_Scan_YYYY_MM_DD_HH_MM_SS.xml
  • The name format of repair output file is Repo_Repair_YYYY_MM_DD_HH_MM_SS.xml
Scan Summary report
Repair report
Based on the reports we can proceed further with remedial action.
Hope this blog is interesting.
Thanks for reading.  Read More About  Business Objects Administration

Friday, 6 July 2012

Business Objects Administration – Security Rights migration from SAP BO 3.x and BI 4.x

Hi Readers,
In this blog we are going to see the security rights migration from SAP BO 3.x and BI 4.x and the challenges we could encounter while doing BO content migration from 3.x to 4.x.
This post describes security settings as they correspond to the new interface and functions. The structure of the interface has been redesigned and security settings changed in certain cases. This means that some 3.x security settings are not directly compatible with the new interface. Where equivalents exist, these are used.
This document will guide you in the changes you might need to make when migrating content from 3.x to 4.x. Certain rights have been renamed, others are unaffected, and some rights are not supported in 4.x, and will require unsetting before resaving and migrating those reports.
Below are some of the known general Issues.
  • Rights are not supported in 4.x and exist in 3.x
  • Rights that are renamed in 4.x and exist in 3.x
Let us see each case in detail.
  • Rights are not supported in 4.x
The typical example for this category would be Desktop intelligence application and redesign of      BI launch pad interface.
  • Desktop intelligence
As Desktop Intelligence is removed in 4.x all the corresponding rights are not supported.
  • Interface
In 3.x we are allowed to hide the toolbar based on the user rights. But in case of 4.x it is replaced by toolboxes in which we can disable the individual component.
Some of the rights come under this category:
RightMigration status
Enable drill modeNo longer maintained in 4.x
Extend scope of analysisNo longer maintained in 4.x
Interactive: General – Ability to hide / show toolbarsToolbar is replaced with toolbox
Enable HTML Report PanelHTML viewer is removed in 4.x
Desktop Intelligence Application level rightsDesktop Intelligence Application is removed
How to resolve this?
We need to remove these rights in 3.x before migration so that they will not be migrated to the new version.
  • Rights that are renamed in 4.x
The right “View SQL“in 3.x has been renamed to “Query Script – Enable Viewing” in 4.x.
Similarly below are some of the rights that belong to this category in my knowledge.
Rights in 3.xRights in 4.x
Create documentDocuments – enable creation
Data Tracking: Enable for usersData – enable data tracking
Data Tracking: Enable format display changes by usersData – enable formatting of changed data
Edit SQLQuery script – enable editing (SQL , MDX…)
Enable Auto save for this userDocuments – enable auto save
Enable formula and variable creationReporting – create formulas and variables
Enable Java Report PanelInterfaces – enable Rich Internet Application
Enable Publish and Manage Document Content for this user (did not exist)Documents – enable publish and manage content as web service
Merge dimensions for synchronizationReporting – enable merged dimensions
View SQLQuery script – enable viewing (SQL , MDX…)
Web Intelligence Rich Client : Save a document locally on the file systemDesktop interface – save documents locally
Web Intelligence Rich Client: Allow local data providersDesktop Interface – enable local data providers
Web Intelligence Rich Client: Export a documentDesktop interface – export documents
Web Intelligence Rich Client: Import a documentDesktop interface – import documents
Web Intelligence Rich Client: Install from Info ViewDesktop interface – install from BI launch pad
Web Intelligence Rich Client: Print a documentDesktop interface – print documents
Web Intelligence Rich Client: Remove document securityDesktop interface – remove document security
Web Intelligence Rich Client: Save a document for all usersDesktop interface – save document for all users
Web Intelligence Rich Client: Send by mailDesktop interface – send by mail
How to overcome this?
We need to remap these rights in 4.x after migration by comparing them against 3.x rights.
  • Special cases
The below rights are added in XI3 SP4 and are not included till 4.0.3.
i.    Import from BI On Demand
ii.   Export to BI On Demand
Resolution
SAP recommends not to migrate to XI 3.4 or later to BI 4.0.3.x or a previous release as some of the rights that are added in these versions are not replicated in till BI 4.0.3.x.
Hope the post was useful for those considering 4.x migration.
Thanks for reading.  Read More About  Business Objects Administration