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Flipkart CEO Binny Bansal and Microsoft CEO Satya Nadella Announce Key Partnership to Expand E-commerce in India

22Feb By NitishNo Comments

BUSINESS

Flipkart CEO Binny Bansal and Microsoft CEO Satya Nadella Announce Key Partnership to Expand E-commerce in India

Microsoft and Flipkart, India’s leading marketplace, announced a strategic partnership to provide consumers in India with the best online shopping service. As a first step in the broad collaboration between the two companies, Flipkart will adopt Microsoft Azure as its exclusive public cloud platform. Microsoft CEO Satya Nadella and Flipkart Group CEO Binny Bansal announced the news today at an event in Bengaluru. “At Microsoft, we aim to empower every Indian and every Indian organization with technology and key to this is forging strategic partnerships with innovative companies like Flipkart,” said Satya Nadella, CEO, Microsoft. “Combining Microsoft’s cloud platform and AI capabilities with Flipkart’s existing services and data assets, will enable Flipkart to acceler...

Aditya Agarwal Promoted as a CTO of Dropbox

23Oct By NitishNo Comments

News

Aditya Agarwal Promoted as a CTO of Dropbox

Aditya Agarwal, Dropbox current VP of Engineering, will be taking on the role of CTO, the file sharing company said in a press release. In this new position, Aditya will lead Dropbox, a file hosting service, innovation efforts while continuing to manage our world-class product engineering team. Arash Ferdowsi, the co-founder of the company, who’s served as CTO to date, will continue to focus his day-to-day activities on helping Dropbox scale as a company and business. Aditya Agarwal has played an instrumental role in building products like Dropbox Business, Dropbox Enterprise, Dropbox Paper, and Dropbox Infinite. He’s also scaled our engineering team from 20 to hundreds of people across multiple locations. Aditya joined Dropbox through the acquisition of Cove, a company focused on build...

Wipro Secretly Acquired a US Based Cloud Service Company Appirio

21Oct By PriyankaNo Comments

ACQUISITION

Wipro Secretly Acquired a US Based Cloud Service Company Appirio

Wipro Limited, India's leading information technology, consulting and business process services company announced that it has signed a definitive agreement to acquired Appirio, for USD 500 Million. Established in 2006, Appirio, a global cloud services company that creates next generation worker and customer experiences. Appirio is headquartered in Indianapolis with offices in San Francisco, Dublin, London, Jaipur, and Tokyo and has 1250 employees worldwide. The US based company is a trusted partner to some of the world’s leading brands, including Stryker, Robert Half, Johnson Controls, Cardinal Health, Coca-Cola, eBay, Facebook, Home Depot, and Sony PlayStation. Once completed, Wipro’s acquisition of Appirio will create one of the world’s largest cloud transformation practices, a game...

Google to Buy Software Developer Apigee in $625 Million Deal

8Sep By reutersNo Comments

ACQUISITION

Google to Buy Software Developer Apigee in $625 Million Deal

Alphabet Inc's Google is acquiring software developer Apigee Corp in a deal valued at about $625 million, as it strengthens its cloud business. San Jose-based Apigee's software helps a company's backend services interact with mobile and web-based apps used by customers and partners. "Companies are moving beyond the traditional ways of communicating like phone calls and visits and instead are communicating programmatically through APIs (Application Programming Interface)," said Dianne Greene, who runs Google's cloud computing division. Google will pay Apigee shareholders $17.40 for each share held, a 6.5 percent premium to the stock's Wednesday close. Apigee's shares were trading above the offer price at $17.45 on Thursday morning. This is the latest from the highly regarded ente...

IT Minister Ravi Shankar Prasad Faces Flak Over Twitter To Rope in Pvt Cloud Firms

6Sep By AdityaNo Comments

INDIA

IT Minister Ravi Shankar Prasad Faces Flak Over Twitter To Rope in Pvt Cloud Firms

IT Ministry reported plan to rope in private companies like Microsoft and IBM for providing cloud computing services to government departments has come under flak from cyber security experts. "I think by using cloud services of foreign companies like Microsoft and IBM, IT Ministry has decided to throw all Data and National Security concerns into a dustbin. What has happened to the National Cloud Project of government? We appeal the Prime Minister to intervene and stop this else this will send a wrong message," Indian Infosec Consortium (IIC) CEO Jiten Jain said. IIC is Indias cyber security group which has around 4,000 members. "If the worlds software super power (India) does not have the capacity to even build its own Indigenous cloud infrastructure then where is Make in India," Jain s...

Infosys Finacle Partnered Huawei to Develop a Financial Cloud Solution

2Sep By Press Trust of IndiaNo Comments

BUSINESS

Infosys Finacle Partnered Huawei to Develop a Financial Cloud Solution

Infosys Finacle today said it has partnered Huawei to develop a financial cloud solution that will enable banks globally to accelerate digital transformation while keeping technology costs under control. Infosys Finacle is a part of EdgeVerve Systems, a wholly owned subsidiary of Infosys. The highly available platform will allow customers to run Finacle suite of applications on a private cloud network, delivering considerable performance, maintenance and total cost of ownership advantages, a statement said. No financial details of the partnership were disclosed. The solution will provide enhanced agility and quick service rollout, by enabling elastic, on-demand and secure computing resource pools, while supporting all-round management and service automation, it added. The so...

Snapdeal Launches Its Own Cloud Platform Cirrus

1Sep By Press Trust of IndiaNo Comments

News

Snapdeal Launches Its Own Cloud Platform Cirrus

Online marketplace Snapdeal on Thursday announced the launch of its private cloud platform, Cirrus, to help the company offer a more frictionless, reliable experience to customers and help save costs. This move will enable Snapdeal to ensure that business growth is augmented with platform speed, security, and stability, it said. The private cloud solution has been built and operationalised in under a year and is timed to handle long-term growth in traffic, Snapdeal said in a statement. The launch follows a sustained increase in online traffic at Snapdeal and will also satiate fast growing demand for crunching big data "to build personalised and relevant experiences for consumers," it added. "Snapdeal was born in the cloud, but public clouds stopped being cost efficient af...

Microsoft Posts $3.1 Billion in Profit, a Year After Big Loss

21Jul By NitishNo Comments

BUSINESS

Microsoft Posts $3.1 Billion in Profit, a Year After Big Loss

AFP, SAN FRANCISCO: Microsoft said Tuesday it posted a profit of $3.1 billion in the just-ended quarter, swinging into the black a year after hefty charges from writing off mobile phone assets. "This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations," said chief executive Satya Nadella. The profit in the tech giant's fourth fiscal quarter was nearly identical to the loss from a year earlier, when it took charges of more than $7 billion to reflect the lower value of the Nokia mobile phone division it had acquired. Revenue dipped to $20.6 billion from $22.2 billion in the same period a year ago. Overall, the results were better than most forecasts and sparked an after-hours gain of more than 3% f...

12Apr By AnkitaNo Comments

FUNDING

Video Platform 90 Seconds Raises $7.5 mn Funding From Sequoia

Cloud video production platform 90 Seconds today announced it has raised USD 7.5 million in Series A financing led by Sequoia India. The round was supported by SKY TV NZ, Airtree Ventures, Beenext and Fotolia.com (sold to Adobe for USD 860 million) and the founder of the platform Oleg Tscheltzoff, will accelerate 90 Seconds global expansion as the market leader in cloud video production, Sequoia said in a statement here. 90 Seconds reduces the complexity of video production, giving brands and agencies access to a marketplace of creatives, and an automated, end-to-end suite of workflow tools. "We are excited to work with new and existing investors who understand the opportunity 90 Seconds has to completely change the global video production landscape," Founder and CEO of 90 Seconds...

Amazon, Microsoft Look for Data Role in Self-Driving Cars With Here: Report

2Apr By reutersNo Comments

News

Amazon, Microsoft Look for Data Role in Self-Driving Cars With Here: Report

Amazon.com and Microsoft are in talks to supply cloud computing to digital mapping business Here.com, owned by a group of German carmakers developing self-driving cars, sources familiar with the matter said. Amazon is also considering becoming a shareholder in Here, two sources said. Last year, carmakers BMW, Audi and Mercedes struck a EUR 2.5 billion ($2.85 billion or roughly Rs. 18,928 crores) deal to buy Nokia's Here maps business. Intelligent mapping systems supply information to control self-driving cars, which are equipped with street-scanning sensors to measure traffic and road conditions. This location data can in turn be shared with other map users. "Amazon would take a stake as part of a broader deal to lock them in as a provider of cloud computing services," one sour...

Dubai Based MyEasyISO Ease ISO Compliance, Certification & Maintenance

20Mar By PriyankaNo Comments

Story

Dubai Based MyEasyISO Ease ISO Compliance, Certification & Maintenance

International Standards Organisation or ISO, established in 1947, is a non-government federation of national standards bodies from around 150 or so different countries. A standard is a document that provides requirements, specifications, guidelines or compliances that can be used consistently to ensure that materials, products, processes and services are fit for their purpose. Usually, implementing a standard is a tedious and painstaking process if not executed well. The most popular management system standard which has been implemented by more than 1.2 million organizations globally is one of the very important standards but normally improperly implemented. Improper implementation kills the basic motive of the standard – “Enable an organization improve process performance, enhanc...

5G, IoT, Cloud Will Disrupt Every Industry in 2016: Hans Vestberg, Ericsson CEO

22Feb By AnkitaNo Comments

Entrepreneurs Talk

5G, IoT, Cloud Will Disrupt Every Industry in 2016: Hans Vestberg, Ericsson CEO

At Mobile World Congress (MWC) 2016, Ericsson President and CEO Hans Vestberg said digital disruption will come to every industry in 2016 and made major announcements in 5G, the Internet of Things (IoT) and cloud. With these announcements, Ericsson solidifies its positions as a leading ICT transformation partner for customers across industries. As Ericsson's vision of 50 billion connected devices approaches, three fundamental ICT forces - broadband, mobility and cloud - are rapidly reshaping value chains, digitalizing business models and creating possibilities that were previously unimaginable. As an ICT leader, Ericsson is enabling this transformation and simultaneously evolving itself. Vestberg said: "Along with our industry and our customers, Ericsson is on a transformation journey. T...