Indian Institute of Information Technology - Allahabad
Bi-Monthly E-Magazine
November-December 2004
Issue I Volume I
 
Limelight. . .

Carnegie Mellon Researchers Challenge Popular Decision-making Theory

ITPTSBURGH - Researchers Tiago V. Maia and James L. McClelland, the Walter Van Dyke Bingham Professor of Psychology and Cognitive Neuroscience have completed a study challenging a popular theory that claims bodily states can guide decision-making when conscious knowledge isn't available. The study examines the somatic marker hypothesis, which states that when an individual faces a decision, each alternative elicits a bodily state – a somatic marker – that corresponds to an emotional reaction. According to the hypothesis, these markers influence decision-making and can guide the individual to make an advantageous choice even in the absence of conscious knowledge to guide the decision. The somatic marker hypothesis was proposed by neurologist Antonio Damasio in his best-selling book, "Descartes' Error: Emotion, Reason, and the Human Brain."


IBM adopting new technologies to solve complex Business problems

IBM is aiming to combine management consulting, advanced mathematical research, business performance management software capabilities and deep computing power to help solve some of the most complex problems facing businesses and government agencies around the world. The Center for Business Optimization in Somers, NY will leverage these new capabilities to help companies and governments manage much more complex and unpredictable business and societal problems, while at the same time providing leaders of those organizations with a much more precise and understandable view of business performance. The Center plans to tackle the uncertainties and imprecision of managing real-time situations, going beyond the limitations faced by mathematicians in the past who were only able to design business models based on historical data of past events.


India's top IT body says outsourcing, research sectors face skills crunch

India's top information technology (IT) body said India's booming outsourcing and IT research sectors face a looming skills shortage and the nation's universities must train students better to fill the gap. Kiran Karnik, president of the National Association of Software and Service Companies (NASSCOM), said the body had begun talks with IT firms, universities and governments about improving study courses to equip students for outsourcing and IT research jobs. NASSCOM said in a recent report that India's outsourcing industry was expected to face a shortage of 262,000 professionals by 2012. Outsourcing contributed 29 percent to India's total software exports and posted revenue growth of 46 percent to 3.6 billion dollars in the fiscal year to March 2004, NASSCOM figures show. More than 50 multinational companies such as General Electric have set up their research bases in India.


GM, Boeing push identity management

General Motors plans to install a global identity management system that will provide single sign-on access to applications for about 500,000 internal and external end users, and Boeing is in the midst of a similar project -- both aimed at cutting IT costs and improving user productivity.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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