IT major Satyam computer services Ltd on Monday said it will set up a new centre of excellence at Hyderabad to bring technology enabled innovations in the process manufacturing industry.

The centre named Process Manufacturing Innovation Centre of Excellence (PROMICE) would help Companies to take advantage of the advancements made in IT - mainly in areas of product and process innovation, Satyam said in a communique to the Bombay Stock Exchange.

"We are partners with leaders in the industry, as well as premier academic institutions like Purdue University, ISB and industry associations like CII in India and others across the globe," Satyam Manufacturing and Automotive Business Director and Senior Vice-President Subu D said.

"As a result, we would offer innovative solutions using a highly collaborative environment which would provide our process manufacturing clients the expertise, speed, precision and agility they need to stay ahead in their market segments," Subu said.

The simulation and virtual reality facility would reduce risks, while expediting time to market and ensuring return on investment, the company said.

The Hyderabad PROMICE would feature latest technology infrastructure with the domain experts catering to a wide range of industry verticals -- metals and mining, building materials, pulp and paper, textiles, leather, plastics, rubber, chemicals, and pharmaceuticals.

Already, Satyam services several top global Companies in steel, chemical, glass, food, pharmaceuticals and cement industries.

Shares of the company were last trading at Rs 440.15, up 2.91 per cent on BSE.

Courtesy : Financialexpress.com

Queen Elizabeth is joining the YouTube generation.

Buckingham Palace on Sunday said the 81-year-old monarch will post her traditional Christmas Day message -- normally broadcast on television -- on the video-sharing Web site as well this year.

At the same time, a new Royal Channel has been unveiled on YouTube, allowing Web surfers to view the queen's first Christmas broadcast in 1957, as well as other archive footage of the royal family and its events.

The catalogue is at www.youtube.com/theroyalchannel.

The queen is said to be avid about using new technology to reach a wider, more diverse audience. Last year her Christmas message was released as a podcast.

In her first Christmas broadcast 50 years ago, she waxed lyrical about the advent of television.

"I very much hope that this new medium will make my Christmas message more personal and direct," she said. "That it is possible for you to see me today is just another example of the speed at which things are changing all around us."

Queen Elizabeth's message is followed closely by millions of Britons and others in Commonwealth countries worldwide on Christmas Day each year.

Buckingham Palace revealed this week the queen likes to sneak off from the rest of her family on Christmas Day and watch the recorded message alone, judging for herself how she comes across.

Courtesy : financialexpress.com