Tuesday, April 16

Tag: Software

Swachh Internet- Indian Govt to Soft Launch Malware Cleaning System From Dec 20
INDIA

Swachh Internet- Indian Govt to Soft Launch Malware Cleaning System From Dec 20

Government will kick start operations of a long-awaited malware and botnet cleaning centre with soft launch on December 20, a programme aimed at automatically disinfecting computers and mobiles from viruses and malicious software for free. "Major cybersecurity initiative of Digital India. Soft Launch of BotNet cleaning centre of India CERT from December 20," Ministry of Electronics and IT, Additional Secretary Ajay Kumar tweeted today. Botnet is a network of malicious softwares that can steal information, take control of device function and carry out cyber attacks like Distributed Denial-of-Service (DDoS) that prevent access of websites. Government has earmarked Rs 100 crore for setting up this facility. The project was expected to be launched in 2014. When contacted, Kumar said, "...
Cognizant Acquires Australian Firm Adaptra For ‘Undisclosed Sum’
ACQUISITION

Cognizant Acquires Australian Firm Adaptra For ‘Undisclosed Sum’

Nasdaq-listed IT major Cognizant has entered into an agreement to acquire Australia-based consulting, business transformation and service provider Adaptra, for an "undisclosed sum". Generisches levitra online kaufen Sydney-headquartered Adaptra, established in 1998, works with five of the top 10 insurers in Australia and New Zealand. Adaptra specialises in consulting, programme management and implementation of core platforms such as Guidewire to enable insurance companies to drive improvements across areas like underwriting and policy administration. The acquisition would further strengthen Congnizant's insurance, business transformation and platform capabilities, a company statement said. "As part of the acquisition, approximately 100 professionals will join Cognizant. The terms of...
Infosys Invests 31.6 crores in Stellaris Venture Partners
FUNDING

Infosys Invests 31.6 crores in Stellaris Venture Partners

Infosys, a global leader in consulting, technology, outsourcing and next-generation services, today announced that it has signed a definitive agreement to a Limited Partner investment of INR 31.6 crores from its Innovation Fund in Stellaris Venture Partners, an India-based early stage venture fund. This investment is towards the first close of Stellaris’ fund. India’s startup ecosystem is witnessing rapid growth led by areas such as cloud computing, Internet of Things (IoT), artificial intelligence and big data, as well as the widespread proliferation of smartphones. In this environment, Stellaris aims to back entrepreneurs building applications for global businesses, Indian SMBs and consumers in verticals such as financial services, retail, healthcare and education. Stellaris’ inves...
Infosys Invested Undisclosed Amount in US-based TidalScale
FUNDING

Infosys Invested Undisclosed Amount in US-based TidalScale

Country's second-largest IT firm Infosys today said it has invested an undisclosed amount in US-based TidalScale. The California-headquartered firm's solution collates all physical server resources as if it were running on a single large computer to help clients with large computing problems. TidalScale helps companies draw insights from big data faster, more easily and with greater flexibility at improved costs. "Among our client base, we see a need for inventive and cost-effective approaches to derive business value from big data, and our investment in TidalScale underscores our commitment to our clients to bring innovative new solutions across our platforms and offerings," Infosys Executive Vice-President of Corporate Development and Ventures Ritika Suri said in a statement. ...
Omnivore Partners Invested 6.5 Cr in Tech Startup For Trucks FR8
FUNDING

Omnivore Partners Invested 6.5 Cr in Tech Startup For Trucks FR8

Chennai-based FR8, a platform for trucking system raises Rs 6.5 Cr from Omnivore Partners Venture fund. The fund will be used for expansion, investing in technology and talent. FR8 founded in June 2016 by Jayend ran Panneerselvam and Vasanth Immanuel, already has 2,500 trucks from 400 vendors on the marketplace. It currently books around 1,000 orders worth about Rs 2.5 crore a month. The company has enterprise and F&B clients like Philips, Asian Paints, Pepperfry, Britannia, Preethi Kitchen Appliances and Paperboat. Immanuel, FR8 Founder, who worked for seven year at Asian Paints managing supply chain, said,“We offer a four-hour commitment to our clients and manually connect orders which have not gotten matched automatically. We believe that we are very capital efficient as we...
HCL Tech CEO Anant Gupta Quits, C Vijayakumar to Succeed
News

HCL Tech CEO Anant Gupta Quits, C Vijayakumar to Succeed

IT services major HCL Technologies today said its Chief Executive Officer Anant Gupta has put in his papers, following which the company has elevated current Chief Operating Officer C Vijayakumar to the post. "Anant Gupta has decided to leave the company to pursue personal interests outside of HCL," it said in a statement. It added that the company was elevating C Vijayakumar as the President and CEO of the company with immediate effect. "Vijay has been a transformational leader in the company leading from the front. His vision and flawless execution trackrecord best positions him for taking our journey forward," HCL Technologies Chairman and Chief Strategy Officer Shiv Nadar said. To increase momentum of the companys next generation services, Vijayakumar will further accelerat...
Microsoft to Layoff Skype Employees in London
News

Microsoft to Layoff Skype Employees in London

IANS- Technology giant Microsoft is planning to close its London office of Skype and to lay-off most of the nearly 400 people employed there, a media report here said. "Microsoft made the decision to unify some engineering positions, potentially putting at risk a number of globally focused Skype and Yammer roles," the Financial Times quoted Microsoft as saying. Skype will still maintain offices throughout the world, including in Redmond, Palo Alto, Vancouver, and several locations in Europe. But the layoffs indicate a shift in priorities, with anonymous former employees telling media that Microsoft has increasingly been taking control of Skype, replacing Skype's employees with its own. Skype was one of the first big voice chatting apps, but it's increasingly come under threat f...
OneTrust Acquires Uk Based Data Privacy Compliance Service Optanon
ACQUISITION

OneTrust Acquires Uk Based Data Privacy Compliance Service Optanon

OneTrust, the leading software platform designed to operationalize data privacy compliance and Privacy by Design, is pleased to announce its acquisition of U.K.-based data privacy compliance service, Optanon. "The acquisition of Optanon uniquely positions OneTrust to serve the needs of enterprise customers around the world with our rapidly expanding global presence and broad solution set," said OneTrust CEO, Kabir Barday. Optanon's software-based solutions are used by organizations globally for website auditing, EU E-Privacy Cookie Compliance, and GDPR readiness. "In today's complex data privacy regulatory environment, it is critical for organizations to select a partner like Optanon with a strong commitment to global growth and a comprehensive product offering to simplify privacy pro...
TCS is Leader in Software Testing Services: Report
ANALYSIS

TCS is Leader in Software Testing Services: Report

Indias IT major Tata Consultancy Services (TCS) has been recognised as a leader among 24 companies in all categories of software testing services, according to a research-based report. The NelsonHall Vendor Evaluation and Assessment (NEAT) report 2016, analysed and indicated the overall performance of leading global vendors offering software testing services. NelsonHall evaluated 24 companies for NEAT based on various parameters. TCS was recognised as a leader in all the categories, namely Overall, Efficiency, Consulting, Transformation and Digital Focus. In the NEAT profile, TCS was acknowledged for its strong progress in go-to-market strategy, comprehensive testing service portfolio and a solid positioning in digital and mobile testing. TCS leadership in platform-based ser...
Google to Buy Software Developer Apigee in $625 Million Deal
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...
Bala Girisaballa Appoint as CEO of Microsoft Accelerator
News

Bala Girisaballa Appoint as CEO of Microsoft Accelerator

Microsoft today said Bala Girisaballa will be leading Microsoft Accelerator in India as CEO-in-Residence. Prior to this, Bala was with Globalisation and market expansion advisory Zinnov as Partner and Practice Head helping MNC R&D companies. He took charge of the Accelerators India operations, with effect from August 1. Microsoft also announced that Ravi Narayan, Director, will now assume the role of Global Director at Microsoft Accelerator. Girisaballa will lead the Accelerators efforts to help market-ready startups and entrepreneurs to scale up and become successful businesses through the technology enablement, global go-to-market efforts and deep business advisory in the form of Hi-Po and Scale-Up programs, Microsoft said in a statement here. Ravi Narayan, in his new ...
Microsoft Buys AI Scheduling Service Genee to Bolster Office 365
ACQUISITION

Microsoft Buys AI Scheduling Service Genee to Bolster Office 365

Software giant Microsoft has bought a smart scheduling app Genee, as part of its effort to embed artificial intelligence (AI) to compete with the likes of Google Now and Apple. The start-up, which was founded in 2014, will shut down its service on September 1. The financial terms of the deal were not disclosed by Genee founders Ben Cheung and Charles Lee, who will join Microsoft. Genee specializes in using machine smarts to handle the time-sucking task of scheduling meetings. It is likely that Microsoft will be using this acquisition to bolster its Office 365 suite. "As we continue to build new Office 365 productivity capabilities and services our customers value, I'm confident the Genee team will help us further our ambition to bring intelligence into every digital experience...