Thursday, October 6, 2016
India’s premiere research institute, Indian Institute of Science (IISc) and alfaTKG, has jointly launched 'Internet of Things (IoT), India Development Centre (IDC) today in Bengaluru.
As part of the MINI industry 4.0, which aims at assisting the growth of small and medium industry, the City based IISc has launched this IDC in its premises.
The centre is expected to play a crucial role in providing the digital assistance to the entrepreneurs and enabling them to compete with their global counterparts.
The manufacturing sector, which was so far guided by the skilled art, has also now entered into the digital phase. However it requires a right decision to introduce a right technology in the manufacturing sector to meet the global contest.
The IDC at IISc will be helping the entrepreneurs to realise their dreams as well as ensure the success of the union government's ambitious 'Make in India' project.
The 'Make in India' project is aimed at rapid industrial growth. The country is all set to become one of the largest industrial hubs in the world. The centre at IISc along with alfaTKG will provide technological support to Industrial sector.
PwC India and Microsoft India have formed a strategic alliance that will help industry harness some of the core competencies of both firms. This strategic partnership between Microsoft and PwC will empower the digital transformation of large and mid-sized organizations in India by leveraging Microsoft’s technology expertise and PwC’s strategy capabilities across sectors and competencies, including taxation, smart cities and digital India programs.
PwC has also joined Microsoft’s Cloud Solution Provider (CSP) Program which will enable them to provide their advisory and other solutions at scale, securely to all their customers .
Speaking about the association, Deepak Kapoor, Chairman, PwC India network of entities,said, “Our alliance of going to the market together is a step towards helping corporates in their technology enabled strategic transformation. For this, PwC will bring in its global expertise across industries and its strategy through execution capabilities to complement Microsoft's technological capabilities.”
Talking about the association, Bhaskar Pramanik, Chairman, Microsoft India, said, “We are excited to partner with PwC. They will be the first Advisory company who will be part of the Microsoft Cloud Services Program in India. Organisations and communities in India recognise the transformative power of technology and see it as an enabler to amplify the change that we all seek. The combination of Microsoft’s cloud offerings and PwC’s reach across India, will accelerate cloud adoption in India and enable the digital transformation of businesses.”
To begin with, Microsoft’s productivity, personal computing solutions and intelligent cloud computing platforms would be complemented by PwC’s expertise across Strategy & Management Consulting, Digital Transformation, Technology Consulting, Big Data & Analytics, Cyber Security, Tax solutions and Compliance.
Sudhir Singh Dungarpur, Advisory TICE Leader, PwC India said, “PwC and Microsoft have been working together for several years in various sectors and technology areas. This agreement is natural extension of this partnership, where we join hands to help the industry realise their Digital vision.”
PwC will extend Microsoft’s outreach to organisations of all sizes and across many industries - Financial Services (Banking & Insurance), Government & Public Sector, Manufacturing, Consumer Goods and Durables, Retail / eCommerce, Healthcare and Pharma- to help start their cloud and digital journey.
PwC India has launched its Digital Experience Centre (DEC) in Bengaluru. This experience centre provides a unique ecosystem combining the best of industry knowledge, experience in business transformation and creative imagination fuelled by people with diverse skill sets. The DEC enables rapid and scalable prototyping which can be tested and deployed to clients within a few days versus the standard industry norm of few months. Thereby bringing in efficiency in terms of time, investment and opportunity cost.
PwC’s Digital Accelerator, DEC brings digital transformation from strategy and innovation through to execution by:
· Helping organisations innovate, identify and move into whitespaces
· Maximising business value by developing and executing result oriented strategies
· Creating superior user experiences by understanding and empathising with their needs
· Providing technology solutions that are scalable and reliable
· Analysing, benchmarking and developing realistic future roadmap
· Optimising marketing channels and identifying new growth opportunities for clients
Recently, PwC’s Seventh Digital IQ Survey 2016 revealed that the Indian companies are shifting their focus towards digital investments. Over 50% of Indian enterprises report spending between 11-20% of their revenues on digital investments. This is higher than the global average of 44% of enterprises . This DEC is a step forward to help organisations be future ready especially at a time when clients are looking at ways to create superior user engagements and take their innovative ideas to the market quickly and in a scalable way.
Today at Connect 2016, Symantec a global leader in cyber security, and VMware, global leader in cloud infrastructure and business mobility, announced the development of a strategic partnership to bring together endpoint management and threat security where Symantec joins the VMware Mobile Security Alliance.
Effective cyber security requires understanding and leveraging the latest in information intelligence, machine learning, behavior analysis, zero-day threats and big data. It is crucial to bring this type of intelligence into mobile security as devices and apps have increasingly become the target for cyber attacks ranging from malware to ransomware.
In the 2016 Internet Security Threat Report, Symantec reported that new mobile vulnerabilities increased by 214 percent in 2015. This validates the need to complement threat intelligence with comprehensive endpoint management to achieve end-to-end security from the device to inside the data center.
To address the challenges of increased vulnerabilities, Symantec and VMware plan to integrate their cyber security and endpoint management technologies. Symantec and VMware will be working to enable organizations to have the ability to leverage advanced machine learning techniques through Symantec’s Global Intelligence Network with integrated identity management and unified endpoint management via the VMware AirWatch compliance engine.Symantec and VMware look forward to this unique partnership that will merge cutting edge threat intelligence with industry leading enterprise mobility management.
“By collaborating with VMware, we will work to deliver integrated solutions that include the best in security from Symantec with the best in management from VMware,” said Sean Doherty, vice president of Technology Partnerships and Alliances at Symantec. “When you combine threat and information protection technologies with a platform that provides access to device and application heath with the ability to remediate threats across a wide range of devices and operating systems, the outcome is incredibly powerful for our mutual customers. This partnership with VMware will be an opportunity for both companies to drive innovation in threat management.”
“Customers moving toward the digital workspace model are increasingly conscious of their device health and posture, and it is crucial that devices accessing corporate data are secure,” said Blake Brannon, vice president, Product Marketing, End-User Computing, VMware. “It is our role in the security and mobility industry to monitor for unusual or risky behavior and take action against those devices, to protect our customers well before a threat ensues. Our partnership with Symantec will be focused on addressing these needs and will offer mutual customers a validated and integrated approach to managing both device security and remediation across their mobile deployments.”
Focusing on the rise and evolution of the Internet of Things (IoT) across industries in India, the National Association of Software and Services Companies (NASSCOM) has kick-started the 8thedition of NASSCOM Design and Engineering Summit at The Leela Palace, Bengaluru. The two-day event focusing on the theme of, 'Imagineering for the Digital Future' analyses the role that IoT will play in creating digital utilities especially in the areas of design and engineering that will drive the growth of future technologies in the country.
Expressing his thoughts on the upturn of applied IoT in India, Kevin Ashton, Inventor of the Internet of Things and Author, mentioned that, “ÏoT has started being incorporated into both consumer and industrial applications being utilized in critical verticals like Healthcare, Automotive and Manufacturing. The ecosystem is rapidly expanding, owing to demand for both Industrial and Consumer IoT applications and is set to be a critical part of the next level of growth for the IT industry.”
On the side-lines of the summit, NASSCOM in collaboration with Deloitte also launched a report on ‘IoT – Revolution in the Making’. The report lays emphasis on the growth of Internet of Things, as not just creating consumer solutions but also adding value in industrial applications. Reiterating the need for innovative solutions, the report states that the IoT segment is expected to grow across industries, with Utilities, Manufacturing, Automotive and Transportation & Logistics providing greater opportunities for development, compared to other sectors.
By Manu Sharma
n-gage, a leading private messenger app in India, after having gained more than 8 lakhs of downloads is now launching a program to reward its users. The company is now poised to give away 250 million shares worth of equity to its global users. What’s more, India is the first out of 50 countries to be allocated with equity for its Indian users.
Indian users will get over 60 million shares worth of equity in n-gage. The first one million founding Indian users to register onto n-gage, will automatically be credited 20 N-Gage Loyalty Points (NLP), equivalent to 20 shares in n-gage, and become partners in a business that they have helped grow.
n-gage has issued 1111 million shares out of which 250 million shares has been reserved for the benefit of its users. These shares are owned by Wemet Loyalty Company, a sister company of n-gage, which is governed by an independent board of directors. n-gage has agreed with Wemet Loyalty Company that n-gage users will be able to exchange their N-gage Loyalty Points, for either n-gage shares, or its value when n-gage is sold, or publicly listed on the London Stock Exchange which it plans to do end of 2020.
n-gage users, or rather the Champions will be able to earn more N-Gage Loyalty Points when they get their friends and family to use the app. Further details can be found in the rewards part of the n-gage app. Each n-gage loyalty point can be exchanged at an appropriate time with either one n-gage share or its cash equivalent.
Speaking on the occasion Ajit Patel, CEO and Founder of n-gage said, “We firmly believe that it is the users who make any app successful. These users normally get no more than the use of the product for their contribution. With the N-Gage Champions Program, we want our users to partner in our growth and share in the success. The program aims to reward users for their trust and love of n-gage.”
n-gage Messenger Crossed I.4 Million Users
Today, messaging apps are everywhere. According to Harvard Business Review, 6 out of 10 global apps are messaging applications used by 1.4 billion people around the world. What’s more astonishing is that this figure is growing by 12% every year.1 But where would these messaging applications be without its 1.4 billion users?
We often hear the success of messenger apps such as, WhatsApp, WeChat and Hike gaining a large user base and subsequent popularity. However, the point that is often taken for granted is the users contribution to the success of these messaging apps. Aside from being able to send messages, what other benefits do these users receive?
Here is an app that is about to add another first to its name. n-gage, the most private messenger, which was launched in January this year has already gained more than 8 lakhs of downloads and is now launching a program to reward its users. n-gage is now poised to give away 250 million shares worth of Equity* to its global users. What’s more, India is the first out of 50 countries to be allocated with Equity for its Indian users.
In addition to benefitting from this exciting reward, users will be able to safeguard their messages and content from being abused by receivers or prying eyes. With more than 15 unique privacy features dedicated to helping them keep their messages private, they will be able to take back messages they have sent by accident from the receiver’s end with Extract. For complete control, Stop Screenshot or Stop Copy/Share/Forward, prevents users’ contacts from taking screenshots of conversations, or stops them from copying, sharing or forwarding certain messages to other people. As all messages are end to end encrypted, users will now be able to understand the benefit of seeing encryption live on their device with Scramble, a feature that pixelates images, and jumble text.
As each privacy feature has been developed to suit the individual’s needs, even when the user loses his/ her phone, they will be able to erase all their n-gage data remotely with Burn. What’s more, users will be able to transfer their important media images and documents into Safe Gallery, a hidden area which is password protected.
With messaging apps remaining on trend because of its users, now is the chance to grab the opportunity and become a partner and share in its success. n-gage, the most Private and Rewarding messenger is available to download now on Android and iOS across the globe.
Persistent Systems has announced that Jacqueline White has joined the company as Chief Customer Officer. In this newly created role, White is responsible for all aspects of customer satisfaction and success. She will strengthen the company’s partner ecosystem to focus on the “how” of digital for customers, and spearhead new offerings and market-facing strategies that position Persistent as their strategic partner for digital transformation.
White brings over 25 years of experience of consulting services, and enterprise software experience. Most recently she served as SAP’s SVP of Global Financial Services Consulting and was a Managing Director at Accenture leading a national team across 17 sub-industries.
Persistent Systems Founder and CEO, Anand Deshpande says “Jacque brings success from a broad spectrum of organizations and roles that ideally mapsto our vision for our future. The Persistent brand is strengthening. The value of our product development and technology DNA completely distinguishes us in this new software-driven world. Jacque and her strong experience will lead our customers in their transformation into a software-driven business, and strengthen our partner ecosystem to support our growth strategies.”
Big data investments continue to rise but are showing signs of contracting, according to a recent survey by Gartner, Inc. The survey revealed that 48 percent of companies have invested in big data in 2016, up 3 percent from 2015. However, those who plan to invest in big data within the next two years fell from 31 to 25 percent in 2016.
The online survey was conducted in June 2016 among Gartner Research Circle members. In total, 199 members participated and shared their investment plans.
"Investment in big data is up, but the survey is showing signs of slowing growth with fewer companies having a future intent to invest," said Nick Heudecker, research director at Gartner. "The big issue is not so much big data itself, but rather how it is used. While organizations have understood that big data is not just about a specific technology, they need to avoid thinking about big data as a separate effort."
Big data is a collection of different data management technologies and practices that support multiple analytics use cases. Organizations are moving from vague notions of data and analytics to specific business problems that data can address. "Its success depends on a holistic strategy around business outcomes, skilled personnel, data and infrastructure," added Mr. Heudecker.
Getting Big Data Projects to Production Is a Challenge
While nearly three quarters of respondents said that their organisation has invested or is planning to invest in big data, many remain stuck at the pilot stage. Only 15 percent of businesses reported deploying their big data project to production, effectively unchanged from last year (14 percent).
"One explanation for this is that big data projects appear to be receiving less spending priority than competing IT initiatives," said Heudecker. Only 11 percent of respondents from organisations that have already invested in big data reported that their big data investments were as important, or more important, than other IT initiatives, while 46 percent stated that they were less important.
"This could be due to the fact that many big data projects don't have a tangible return on investment (ROI) that can be determined upfront," added Heudecker. "Another reason could be that the big data initiative is a part of a larger funded initiative. This will become more common as the term "big data" fades away, and dealing with larger datasets and multiple data types continues to be the norm."
A further factor to consider is the lack of effective business leadership or involvement in data initiatives. Too often, pilots and experiments are built with ad-hoc technologies and infrastructure that are not created with production-level reliability in mind.
Tuesday, October 4, 2016
AMD at the Canalys Channels Forum announced the first PCs featuring 7th Generation AMD PRO APUs (formerly codenamed “Bristol Ridge PRO”). Built for business, AMD PRO APUs deliver increased computing and graphics performance, improved energy efficiency, while providing a secure and stable platform to protect customers’ IT investments.
“In the past two years we made incredible progresses in the commercial client segment. Since its inception in mid-2014, AMD PRO processor unit shipments increased more than 45 percent enabling businesses all over the world to simplify IT with secure, high performance, reliable solutions” said Jim Anderson, senior vice president and general manager, Computing and Graphics Business, AMD. “We are thrilled to have PC market leaders like HP and Lenovo expanding their use of AMD technology in their business client portfolios.”
“We’re delighted to offer 7th generation AMD PRO processors in our new HP EliteDesk 705 G3 desktop series,” said Guayente Sanmartin, Vice President of Product Management, Commercial Desktops, HP Inc. “We are delivering more performance, security and flexibility to give our enterprise customers peace of mind that allows them to focus on their business, not on IT complexity.”
New systems from HP and Lenovo, combine commercial-grade quality, performance, and stability, with exceptional video and audio capabilities allowing businesses to achieve more across key areas including productivity, manageability, and collaboration. In addition, Microsoft Windows 10 Pro features including Device Guard, Windows Hello, Biometric Security and BitLocker Encryption are fully supported, out of the box.
“We at Canalys recognize the ongoing appetite across channel and mid-size businesses globally for more secured, reliable, flexible and cost-effective technology enablement.” said Steve Brazier, President and CEO of Canalys. “As companies embrace digital options deeper in their businesses, their expectations from technology partners will change, making it imperative that IT vendors deliver products that can make an immediate impact on the market through innovation, enhanced performance and increased reliability, amongst other focus areas. The new desktops, featuring AMD processor technology, provide opportunities for businesses to handle critical challenges without sacrificing manageability, security or stability.”
AMD 7th Generation PRO Processors
7th Generation AMD PRO processors tackle business needs in three key areas:
· Help ensure sensitive data and trusted applications remain secure with the dedicated and integrated AMD Secure Processor technology; a system-wide secure environment that offloads and isolates security functions providing an independent hardware based root of trust for secure boot, content protection, application security, and fTPM 2.0 (firmware trusted platform module).
· To meet users’ growing compute and graphic demands, new AMD PRO desktop processors provide up to 14% more compute and 22% more graphic performance while being up to 31% more energy efficient than 6th generation AMD PRO processors.
· Open standards and CPU-agnostic DASH manageability allows IT departments to easily integrate and manage systems. The new AMD AM4 desktop infrastructure provides a stable and upgradable platform for the future.
AMD 7th Generation Systems
The HP EliteDesk 705 G3 Series desktops, available in microtower, small-form factor (SFF), or mini-form factor, deliver impressive value with uncompromising performance, security, and manageability for an enterprise-class experience. The EliteDesk desktop PCs are more secure with HP Sure Start with Protection of BIOS Configuration and Policy. This helps to protect your PC and ensure uninterrupted productivity by automatically detecting and recovering from BIOS corruption or attacks. The desktops also include TPM 2.0 to secure data and HP’s full portfolio of physical-security accessories for a robust, three-layer security solution.
7th generation AMD PRO processors aim to deliver the best performance, reliability, and opportunity to handle critical workloads and will be available in new PCs from HP, Lenovo, and other OEMs in the near future.
On an average it takes six weeks and $10,000 to create a motion picture promotional video. What if you could create a video every 15 minutes at a fraction of the cost? This was one of the many innovative ideas presented today at the Target Accelerator Program’s Demo Day. Seven startups - Preksh, MintM, Uncanny Vision, Lechal, Lawbot, Charmboard and Story Xpress, pitched ideas in areas like digital marketing, Internet of Things (IoT), Artificial Intelligence (AR) and Virtual Reality (VR).
The Target Accelerator Program gives startups a unique platform to develop, scale and test their products in a live retail environment. With unparalleled access to retail business know-how and a community of mentors in India and the U.S., the 16-week program culminated in an impactful Demo Day that saw seven startups pitch to venture capitalists, retailers, serial entrepreneurs and the media. The graduating startups have successfully tested their products across Target stores and its digital channels. The program also provides a platform for Target team members to create compelling solutions. This batch included two internal ideas that were developed alongside the startups.
“We have worked with a broad category of startups and are excited about the initial tests conducted with several of them. The vision of their ideas and the far reaching impact it can have is helping Target stay ahead of the game”, said Navneet Kapoor, president and managing director of Target’s office in India. “Through our accelerator journey over the last three years, we have seen the Indian startup ecosystem mature and are thrilled to see them address deeper and more relevant business problems. We remain invested in partnering with the startups to shape the future of retail.”
The Demo Day in Bangalore comes on the heels of a successful retailer accelerator at Target’s U.S. headquarters in Minneapolis, which was run in conjunction with Techstars. The accelerator programs are being used as a springboard for Target to become more engaged with the startup ecosystem. The Target team in India recently partnered with late-stage startups to provide solutions for other business needs. For instance, UpGrad is providing online trainings for team members and startups to upskill on-the-job, and Blue Birch is solving reverse logistics problems through sustainable solutions for old laptops, phones and workstations.
Target’s long standing commitment to support the communities where we live and work is also being realized through the accelerator program. Target’s team in India is now working with Lechal, who was part of the fourth batch that presented their demos today, to provide haptic footwear to the visually-challenged cricket team from Samarthanam Trust, a partner NGO. Promising to provide ease of navigation, this wearable technology will enable these cricketers to pursue their passion with more zeal.With a portfolio of 22 startups and counting, the fifth batch of the Target Accelerator Program is slated to launch later this year. Applications can be submitted at: www.f6s.com/
HackerRank, a company has announced the hiring of Arunkumar Jadhav as the Vice President of Engineering. In his new role at the company, he will be responsible for scaling up HackerRank’s engineering division.
An engineer at heart, Arunkumar brings over eleven years of experience in software development, applying transformative digital solutions and a knack for building robust and scalable products. He joins HackerRank most recently from FreeCharge where he was the Associate Vice President of Engineering. Arunkumar was one of the first developers who bootstrapped FreeCharge at Bangalore. He played a key role in growing FreeCharge to one of the largest digital payments brand in India which culminated in one of the biggest tech acquisitions. Prior to his stint at FreeCharge, Arunkumar worked with a wide range of groups at Amazon such as Payments Platform, E-Commerce and Amazon Appstore.
"HackerRank has disrupted the tech hiring space and established itself a pioneer in the ecosystem. My goal is to continually improve and scale our industry-leading platform so that every developer in the world can access HackerRank to learn, compete, and ultimately to get hired. The platform has been set, now we need to make it more robust," said Arunkumar Jadhav, Vice President of Engineering, HackerRank
"Arunkumar’s deep domain knowledge and experience will help us perform better as a company." Companies want the best talent, but they are simply not using the right approach to find and hire talent. There is no dearth of skilled engineers around the globe and it is our mission to change the way companies hire technical talent," said Harishankaran Karunanidhi, co-founder and CEO of HackerRank.
HackerRank a pioneer in technical recruitment, provides a platform for software developers around the world to hone their coding skills, compete in coding challenges, and ultimately get hired by the best companies. Companies like Microsoft, Amazon, VMware, Adobe, Facebook, LinkedIn etc, use HackerRank to source, screen, interview, and hire software engineers.
The most recent Great Place to Work (GPTW) survey ranked EMC (now part of Dell EMC) among the top five large size IT organizations to work for in India. GPTW also identified EMC as one of the 50 Best IT & ITeS companies to work for in India.
In 2016 India ranking, GPTW surveyed 145 companies and identified companies with more than 5000 employees as a large size organization. EMC was ranked amongst the top five in this category. Earlier this year, EMC had been at #4 in GPTW’s list of Great Places to Work for in APJ. The organization’s strong focus on people development and entrepreneurial approach to processes and functions have contributed to its consistent high ranking in the GPTW surveys.
Speaking on the occasion, Sarv Saravanan, Senior Vice President, Dell EMC India Center of Excellence said, “We have a keen focus on team member development and team member centric policies in Dell EMC, because we believe that great talent is the key ingredient for industry leading innovation. These recent accolades are a reiteration of our commitment towards driving value for the company and ultimately for our customers. We are confident that our superlative work will continue to win industry recognition in the years to come.”
“It is a great honor to be recognized as one of the best IT and ITeS companies to work for in India. Our team members are our biggest asset, investing and prioritizing in them has a direct impact on customer and partner satisfaction. Our ability to attract, engage and retain talent is a key to customer and partner satisfaction, which in turn has a positive impact on business growth and relative market share. Dell EMC India is proud to have a culture that is based on an inclusion and diversity. Great Places to Work is a journey and it is our constant endeavor to excel at providing the best environment, culture and the work place to our employees. Being recognized for our initiatives is a testament to our excellence in itself and a motivation for us to accelerate our journey in our next phase of Dell EMC”, said Rajesh Janey, President Enterprise Business, Dell EMC.
Dell EMC offers an array of programs to guide team members on their journey at Dell EMC and beyond. Through a number of innovative people centric initiatives, the organization aims to empower employees to develop their careers, and task managers with helping people to hone skills and seek learning and development opportunities. Dell EMC aims at creating and nurturing a diverse and inclusive workforce where each team member’s contribution is respected and valued.
“In these times of disruption, talent is the key differentiating factor for any enterprise. We understand this and focus on nurturing a diverse, inclusive and creative workforce and providing them with opportunities for innovation, growth and development. Our unique LnD programs, co innovation platforms, D&I approach and open door work culture make us an exciting place to work. We are honoured to be featured in the GPTW list yet again; it is a reaffirmation of our commitment to building an industry leading talent pool”, said Debashis Patnaik, Senior Director – Human Resources, Dell EMC India Center of Excellence.
Pallavi Kapoor, Head HR, Dell EMC said “This recognition as one of the best IT and ITeS companies to work with has captured the attention and energy that we at Dell EMC devote to employee development. This recognition is a direct appreciation of the effort that goes in an organization as large as ours, a diverse ecosystem as India and the complexities that arise. Despite our scale we have managed and thrived to instill a culture of collaboration and trust where each employee feels entitled to career advancement. A diverse country like India provides unique challenges, and an opportunity to refine our practices, which we have delivered on and been recognized for. Such recognition enables us to continue our pursuit in attracting, retaining and continuing the advancement of the careers of a very talented pool of employees.”
Mphasis, a leading IT services and solutions provider, partners with Arago HIRO to automatically identify, predict, and resolve tasks of today’s complex IT environment, thus significantly improving their IT functions, the flexibility of IT operations and reaching optimal IT costs over time.
With the partnership, Mphasis will augment its offerings in the automation space and build greater market credibility as an early adopter of autonomics driven infrastructure solutions. Arago’s platform HIRO will empower Mphasis to offer best-in-class automation solutions to its customers, as HIRO achieves astounding automation rates even in heterogeneous IT environments. The continuously self-learning platform automates the entire IT stack – even individual applications. It is able to solve trouble tickets and machine monitoring events at every level of operations, which significantly reduces operating costs while improving speed and flexibility.
“In this digital age, success is driven by swiftly adopting technological innovations, enabling companies to perform better and smarter. Although there are numerous complexities that we encounter in today’s hybrid IT environments, intelligent automation has revolutionized the way operations are managed. We want to offer our clients a truly unique solution that relieves their IT from time-consuming tasks, giving them more time to improve their business, while guaranteeing a seamless integration into their IT ecosystems. This is where Arago steps in. Our partner delivers cutting-edge AI technology. Together, we are looking for a rollout of jointly developed solutions that will help our customers to quickly optimize IT costs, drastically enhance efficiencies of their IT and provide better customer service and satisfaction overall,” said Gopinathan Padmanabhan, Chief Innovation Officer and President - Global Delivery, Mphasis.
India’s First Integrated On-Airport Perishable Cargo Handling Centre Commences BIAL Trial Operations
Air India SATS Airport Services Pvt. Ltd. (AISATS), India’s premier airport services company, commenced trial operations of India’s first integrated on-airport perishable cargo handling centre, “AISATS COOLPORT, at the Kempegowda International Airport, Bengaluru (KIAB). The state-of-the-art, 11,000 sq. meter facility will meet the ever-increasing demands and handling requirements of temperature-sensitive cargo and will further enhance the State of Karnataka’s status as the pharmaceutical and perishables hub of India.
In recent years, Bengaluru has witnessed a steady increase in perishable cargo volume, with a CAGR of 15%. With this new facility, AISATS aims to be a key player in promoting an efficient, safe and secure cool chain handling for temperature sensitive products.
Speaking on this occasion, Mike Chew, CEO, AISATS said, “The Indian economy is on a high trajectory of growth and requires upgraded infrastructure facilities in the logistics space to cater to the growing needs of the trade and the air cargo industry. Keeping in view the significance of Air Cargo to the economic growth of the country, we truly believe that this dedicated state-of-the-art facility will play a vital role in supporting better trade facilitation, and will further boost the exports & imports of temperature sensitive products. AISATS COOLPORT at Kempegowda International Airport aims to bolster the Government of Karnataka’s vision of turning the state into a preferred air cargo hub of South India.”
Amazon.in has announced the expansion of its Seller Lending Program through a strategic partnership with YES BANK, India’s fifth largest private sector bank. The partnership aims to develop synergistic solutions for Micro, Small and Medium Enterprises (MSMEs) and SMEs across the country. YES BANK will help sellers on Amazon.in to profitably grow their business during the festive season by providing them comprehensive financial solutions ranging from current account, trade services, forex, payment gateway, business lending and loan products. Under the ambit of this program, YES BANK has already commenced relationships with hundreds of sellers on Amazon India with lending lines at various stages of disbursement.
This partnership marks the beginning of YES BANK as the primary corporate banker to Amazon India and will see the development of customized solutions for sellers of different scale & size on Amazon.in. Sellers will have digital access to the payment and lending solutions of YES BANK, ensuring speed in processes as well as personalization. As part of this agreement, Amazon.in sellers benefit by getting additional unsecured financing at competitive rates without much hassle which in turn helps them increase their business on the Amazon portal resulting in a win-win situation for all 3 parties viz. Seller, Amazon India and YES BANK.
Additionally, Amazon India will provide special services and market access to YES BANK’s SME clients enabling thousands of medium and small business owners and start-ups to access millions of loyal customers of Amazon and become part of India’s growth story.
Talking about the program, Gopal Pillai, Director and GM, Seller Services, Amazon India said, “Through our constant engagement with sellers, we realized that lack of financial expertise can hinder the growth of small businesses as they scale up which can impact their expansion rate. To help sellers make the most of the festive season, we have partnered with YES BANK under our Seller Lending Program to help them catalyse their growth on our platform by offering them a comprehensive suite of financial solutions. We have made the end to end process quick and easy allowing our sellers to focus on their core business while we take care of providing them with hassle-free financial solutions.”
Speaking on the partnership, Pralay Mondal, Head, Retail Business Banking, YES BANK said, “As a knowledge driven bank, YES BANK understands the specific needs of MSMEs and we are proud to partner with Amazon India to provide comprehensive banking solutions to Amazon sellers. We are also happy to mentor them by offering subject matter expertise, intelligence and innovative financial solutions driven by digitization.”
Earlier this year, Amazon.in had launched its Seller Lending Program to enable SMEs to easily access secured & unsecured loans between 5 lakh rupees to INR 2 crores at very competitive interest rates. The company had partnered with Capital First, a Mumbai-based independent Non-Banking Financial Company (NBFC) for this program which has seen loans worth crores being dispersed to date. The programme has been expanded to allow a wider gamut of sellers to scale up before the crucial festive shopping season.Since its launch in June 2013, Amazon.in has been working extensively to launch services that meet different business requirements of its 1.2 lakh seller base and help them grow their business profitably online. From running an extensive education and skilling program for SMEs called Seller University, offering Fulfilment By Amazon (a pay-as-you-go fulfilment service wherein Amazon.in packs, ships and delivers products to customers, manages returns and does customer service on behalf of the sellers), innovating Easy Ship (an assisted shipping service that makes it easy for sellers to ship products across India), launching Seller Flex (bringing Amazon’s flagship FBA experience to the seller’s doorstep by implementing the FBA technology at sellers’ warehouses), introducing Amazon Tatkal (a service-on-wheels to help SMEs get online within 60 minutes), to building the largest storage capacity in ecommerce in India for sellers to the tune of 7.5 million cubic feet, Amazon.in has been helping sellers reach millions of customers across the country.