By Brian Sommer | May 21, 2012, 11:26am PDT Summary: Part 2 of NetSuite SuiteWorld big points: The Partner ecosystem of NetSuite is definitely gaining momentum.

With the recession-hit telecom and government sectors dragging down its performance, Wipro Infotech now plans to focus more on oil & gas and BFSI sectors.

Remember the "Asian flu" that rocked world markets in 1997? The Indian rupee has now smashed through all support levels keeping it from where it was back then.

The combined potential of SMAC technologies is estimated to be between $70 billion and $200 billion over the next three years. Yet another four-letter word is gripping the information technology.

The BSE Sensex and NSE Nifty closed flat on Monday after shedding all gains in late trade due to sharp fall in rupee and erasing somewhat gains by European markets.