NASSCOM Announces Launch of Career Guides for IT-BPM Industry

IT-ITeS Sector Skills Council NASSCOM (SSC NASSCOM), today announced that it has developed ‘Career Guides’ which will provide clarity for all stakeholders, especially students about the career opportunities available in the IT-BPM industry.

 Choosing a career is one of the most important decisions, especially for students. Availability of a career guide will enable students make an informed choice about their aspirational career goal. These guides provide details about the skills & competencies required, to join the IT-BPM industry. The career-paths provided are for various job roles starting from entry to leadership level, including details of vertical and horizontal mobility within this industry and across other industries.

 Career Guides are a key milestone in SSC NASSCOM’s mission to create a talent pool for the IT-BPM industry. According to the National Skills Mission, about 350 million professionals would need to be skilled by 2022 to make them employable. To be able to achieve this target, a structured approach is required involving all stakeholders. One of the critical actions required is to create awareness with students about the career opportunities available in the IT- BPM industry across the four sub-sectors, namely IT Services (ITS), Business Process Management (BPM), Software Products (SPD) and Engineering & Research Development (SPD).

On the occasion Sandhya Chintala, Executive Director, SSC NASSCOM & Vice President, NASSCOM said “In the last couple of years SSC NASSCOM has made great in-roads in identifying unique job roles/ qualification packs across all IT-BPM industry sub-sectors. We are pleased to announce that they are now packaged in a comprehensive manner as “Career Guides”. Today these career guides are launched and will be available on our website www.sscnasscom.in. All individuals keen to grow and thrive in the IT-BPM industry, basis the clarity provided in these career guides about particular career paths can make long term career plans. Informed career decisions about one’s aspirational career role will greatly benefit the individual, the companies and the community at large, thus creating a strong value proposition for all concerned.”   

Idea Prepaid Users Can Now Share Data, Voice & SMS Benefits Across Multiple Users

With the evolution of Mobile internet, an increasing number of consumers are now getting connected to multiple devices such as Smartphones, Dongles on Laptops, Tablets, etc. Also, two or more family members with multiple connected devices is a common sight now. This changing usage pattern has led to a rising need for a ‘Single Mobile Plan’ which reduces the hassle of managing multiple payments and recharges for the customer. Keeping this in mind, Idea Cellular had launched the Easy Share postpaid plan in some markets last year, and its success has prompted the company to extend the offer to the large base of prepaid users now.

 Users of Idea’s Easy-share plan can share the data, voice minutes and SMS between multiple devices and with other Idea users. This unique product is the first such initiative for prepaid users in India, and caters to the need of both individual customers with multiple devices, as well as members of a family using multiple connections. 

 The Idea ‘Easy Share’ prepaid plans start from Rs. 158 onwards, loaded with internet, Local & National Minutes and SMS benefits. Users can transfer internet packs, minutes and SMS to their friends and families, through a simple process of USSD or just by logging to Idea website – www.ideacellular.com/easyshare

 Talking about this new initiative, Sashi Shankar, Chief Marketing Officer, Idea Cellular said, “Convergence’ is the new trend in technology and devices and we feel that it should also reflect in our tariff and billing planning to offer seamless user experience. For postpaid subscriber, Easy share plan is already available since last one year and we are now happy to introduce sharing plan for our prepaid subscribers. The plan not only helps users to share their voice and data benefits but also provides great value for money.”

NI Explores Internet of Things Impact In India

National Instruments (NI) , the provider of solutions that enable engineers and scientists to solve the world’s greatest engineering challenges, announced today the release of NI Trend Watch 2015. The second annual report examines a range of topics – from the industrialization of the Internet of Things (IoT) to the growth impact of the maker movement.

According to Jayaram Pillai, Managing Director, National Instruments- India, Russia & Arabia, “IoT promises to revolutionize the engineering world. We see Graphical system design platform playing a significant role in enabling the industrial IoT.”

NI Trend Watch 2015 covers trends in these areas

5G: The Internet for Everyone and Everything – The mobile Internet encourages innovation and inspires researchers to think beyond faster data and greater capacity. New networks, referred to as 5G, may unleash enormous economic potential.

When Exposed to IoT, Big Iron ATE Will Rust – For the testing challenges of tomorrow, traditional automated test equipment (ATE) falls short. Test engineers need smart ATE for the smart devices of the IoT

The Industrial IoT (IIoT) – The IIoT is a vast number of connected industrial systems that are communicating and coordinating their data analytics and actions to improve industrial performance and benefit society as a whole.

The Impact of the Maker Movement – The Internet is fueling a massive maker community. As the maker movement continues to grow, it is important to assess the impact it will have on innovation, economic growth and  future generations.

Nasscom's 10,000 Start-up Launches Female Founders Edition

 To encourage and evangelize the women start-ups community in the country, The National Association of Software and Services Companies (NASSCOM) and Black Box Connect announced the launch of Blackbox Connect Female Founders Edition. The initiative will give women entrepreneurs from India an opportunity to showcase their work at a global level. The collaboration is part of NASSCOM’s 10,000 start-ups initiative to build and sustain 10,000 technology start-ups in India by 2023

Earlier Tookitaki, GreedyGames, Delta-X won the Blackbox Connect 2 week immersion program in Silicon Valley. Expressing his views on the collaboration, Mr. Fadi Bishara Founder and CEO of Blackbox said, “We are thrilled to have 10,000 Startups as a partner for Blackbox Connect Female Founders Edition and are looking forward to seeing the great companies that they will nominate. We have had a fruitful collaboration so far and we share the commitment to Google for Entrepreneurs #40Forward initiative, creating more inclusive networks and empower female leaders globally”.

Last year, the ‘10,000 start-ups’ program launched a special initiative targeted towards women entrepreneurs in technology, christened as the ‘Girls in Technology’ (GIT) program. The program was aimed at encouraging and promoting women entrepreneurs in the country. Since its launch, NASSCOM has conducted various programs in Bengaluru, Chennai and Delhi which were attended by over 350 delegates.

Expressing his views on the women entrepreneur ecosystem, Mr. Rajat Tandon, Senior Director, NASSCOM said, “Women have always been a vital part of the Indian IT-BPM industry and has about 3.5 million female employees. Hence, it is imperative that they are encouraged to join the start-up revolution in the country. Through our collaborations and initiatives we hope to create more inclusive networks and to move the needle for women entrepreneurs.”

To further the cause of helping women and girls enter and succeed in technology start-ups, with the goal of enhancing women’s talent and skills needed to fuel technological and economic growth, NASSCOM has also partnered with Women Enhancing Technology (WeTech) for a special event with a group of 60 selected girls from middle and high school in Bangalore to develop mobile applications.  Women were mentored by 24 senior leaders from Goldman Sachs and Qualcomm and 3 winners were announced. Last year, NASSCOM organized a workshop on ‘GIT Version Control’ in partnership with Thought Works & Google Developers Group to encourage the women in the country to ‘Start-up’. The initiative received an overwhelming response from over 40 women entrepreneurs. These workshops were a platforms for knowledge sharing to bring together diverse women teams, enabling them to take better decisions, achieve higher ROIs, and greater IPOs.

NASSCOM 10000 Startups is proud to be part of the Google for Entrepreneurs #40Forward challenge, and is actively working towards increasing the representation of women in their respective communities. It is amongst the forty startup Communities that are actively working to create new approaches. With the milestones the program has achieved and the planned roadmap, 10,000 Startups aims to catalyze the technology start-up ecosystem and enable thousands of entrepreneur’s setup and grow their businesses and in the process further propel India’s economy. NASSCOM commenced the 10,000 Start-ups program with the support of Google, Kotak, Microsoft and Verisign in March 2013. Zinnov is the consulting partner of 10,000 Start-ups.

 To encourage and evangelize the women start-ups community in the country, The National Association of Software and Services Companies (NASSCOM) and Black Box Connect announced the launch of Blackbox Connect Female Founders Edition. The initiative will give women entrepreneurs from India an opportunity to showcase their work at a global level. The collaboration is part of NASSCOM’s 10,000 start-ups initiative to build and sustain 10,000 technology start-ups in India by 2023.

Earlier Tookitaki, GreedyGames, Delta-X won the Blackbox Connect 2 week immersion program in Silicon Valley. Expressing his views on the collaboration, Mr. Fadi Bishara Founder and CEO of Blackbox said, “We are thrilled to have 10,000 Startups as a partner for Blackbox Connect Female Founders Edition and are looking forward to seeing the great companies that they will nominate. We have had a fruitful collaboration so far and we share the commitment to Google for Entrepreneurs #40Forward initiative, creating more inclusive networks and empower female leaders globally”

Last year, the ‘10,000 start-ups’ program launched a special initiative targeted towards women entrepreneurs in technology, christened as the ‘Girls in Technology’ (GIT) program. The program was aimed at encouraging and promoting women entrepreneurs in the country. Since its launch, NASSCOM has conducted various programs in Bengaluru, Chennai and Delhi which were attended by over 350 delegates.

Expressing his views on the women entrepreneur ecosystem, Rajat Tandon, Senior Director, NASSCOM said, “Women have always been a vital part of the Indian IT-BPM industry and has about 3.5 million female employees. Hence, it is imperative that they are encouraged to join the start-up revolution in the country. Through our collaborations and initiatives we hope to create more inclusive networks and to move the needle for women entrepreneurs.”

To further the cause of helping women and girls enter and succeed in technology start-ups, with the goal of enhancing women’s talent and skills needed to fuel technological and economic growth, NASSCOM has also partnered with Women Enhancing Technology (WeTech) for a special event with a group of 60 selected girls from middle and high school in Bangalore to develop mobile applications.  Women were mentored by 24 senior leaders from Goldman Sachs and Qualcomm and 3 winners were announced. Last year, NASSCOM organized a workshop on ‘GIT Version Control’ in partnership with Thought Works & Google Developers Group to encourage the women in the country to ‘Start-up’. The initiative received an overwhelming response from over 40 women entrepreneurs. These workshops were a platforms for knowledge sharing to bring together diverse women teams, enabling them to take better decisions, achieve higher ROIs, and greater IPOs.

NASSCOM 10000 Startups is proud to be part of the Google for Entrepreneurs #40Forward challenge, and is actively working towards increasing the representation of women in their respective communities. It is amongst the forty startup Communities that are actively working to create new approaches. With the milestones the program has achieved and the planned roadmap, 10,000 Startups aims to catalyze the technology start-up ecosystem and enable thousands of entrepreneur’s setup and grow their businesses and in the process further propel India’s economy. NASSCOM commenced the 10,000 Start-ups program with the support of Google, Kotak, Microsoft and Verisign in March 2013. Zinnov is the consulting partner of 10,000 Start-ups.

EY & CustomerXPs form Alliance to Help Banks Fight Enterprise Fraud Risks

EY, a global leader in assurance, tax, transaction and advisory services and CustomerXPs, a leading provider of real-time multi-channel enterprise fraud management products, today announced a new alliance to assist companies with the detection, prevention and management of fraudulent transactions and activities across multiple business lines within the banking industry.

This strategic alliance brings the forensic expertise of EY’s Fraud Investigation and Dispute Services (FIDS) practice supplementing the cross-channel/cross-product fraud management solutions of CustomerXPs ‘Clari5 Enterprise Fraud Management’ to deliver optimum solutions to clients. This collaborative approach will equip banks with a real-time 360 degree view of their customers, employees, branches and external entities, using transactions and activities done across business lines and channels. It will also mitigate risks related to fraud such as internal fraud, identity theft, account takeover, credit card fraud, fraudulent transactions around card not present (CNP), mass compromise etc.

Mukul Shrivastava, Partner, Fraud Investigation & Dispute Services said, “Today, fraud risks are inescapable. The banking ecosystem too is faced with many challenges around this global hazard, making it germane to fortify their internal controls for enhanced efficiencies. The extensive domain knowledge and credentials of our forensic team, coupled with the technological prowess of CustomerXPs’ innovative solutions, gives us a unique edge to help banks safeguard their business.

Rivi Varghese, Founder and CEO of CustomerXPs said “Banks, unlike other industries, have access to much richer collective intelligence about customers, but unfortunately these are hidden in separate silos – and used by legacy silo based fraud solutions. We are happy to see that leading banks are now going away from this legacy silo based approach and subscribing to our real-time cross-channel approach to enterprise fraud management. Today we have all the major banks across all segments as our customers. The partnership with EY is a step toward our vision of creating an extended fraud network

The combined capabilities of EY Fraud Investigation & Dispute Services and CustomerXPs can enable banks to:

* Gather and prioritize requirements related to Fraud Management and Anti-Money Laundering, project management services for solution implementation, define and refine scenarios and extent of business coverage

* Re-align their organization structure and refine internal processes and policies to be aligned with the enterprise level approach toward fraud management, while benchmarking the same with other global and Indian banks.

·* Break the traditional approach of silo based fraud monitoring by providing real-time, actionable insights into data collected from various business systems, channels and products

* Leverage intelligent models based on neural network, time series and complex analytics to deliver insights

“Fraudsters have been exploiting the potential lack of coordinated and timely response by banks to single channel or multi-channel fraud schemes. Traditional systems and frameworks were designed to address specific fraud risks, products or delivery channels. As the need to connect these silos becomes more relevant today, a more strategic and enterprise-wide approach is needed. This is where the combination of EY FIDS knowledge and experience along with CustomerXPs’ software solution will provide our clients a unique edge over fraudsters.” says Amit Jaju, Director – Forensic Technology & Discovery Services at EY.

IEEE & IEEMA To Host INTELECT During Jan 22-24 At Mumbai

IEEE, in collaboration with the Indian Electrical & Electronics Manufactures’ Association (IEEMA), will co-host INTELECT, the conference and exposition on the efficient consumption of electricity from January 22 – 24, 2015 at the Bombay Exhibition Centre in Mumbai, India. This event, which will focus on the integration of telecommunication and the design of energy networks, is being organized by the IEEE Power Energy Society, IEEE Computer Society and the IEEE Communications Society in association with IEEMA.

Telecom and IT form the backbone of the future Smart Cities of India. Digital India is not a distant dream anymore, given the vivid roadmap laid down by the Ministry of Communications & Information Technology. IEEMA and IEEE are organizing INTELECT 2015, which aims to showcase the IT and relative infrastructure sectors for creating Smart Cities in the country. Today, India is one of the fastest growing telecom markets in the world. INTELECT is being launched when there is an unprecedented increase in tele-density and a sharp decline in tariffs in the Indian telecom sector, contributing significantly to the country’s economic growth. Besides contributing to about 3% of India’s GDP, Telecommunications, along with Information Technology, has greatly accelerated the growth of the economic and social sectors.

Commenting on these requirements, Mr. Patrick Ryan, Executive Director, IEEE Power & Energy Society, emphasized,emphasized, “The combination of digital economy strategies and energy production and distribution policies with the smart grid and electrification of transport, can be a compelling driver of the triple bottom line of sustainability with economic, environmental, and social benefits. These three factors are inter linked and necessary to ensure the success of energy efficient telecom.”

Ajit Singh Chauhan, Vice President, IEEEMA, said, “The importance of a technology as important as telecommunication will only grow and with very rapid strides. It is the pivot of every transacting and communication process and hence it is imperative to ensure that this vital technology is made both efficient and sustainable.”

Mphasis & Aureus Tie Up for Big Data Analytics Solutions

Mphasis, a leading IT services provider, today announced its partnership with Aureus Analytics to bring advanced predictive analytics and big data solutions to insurance and banking players. Under the partnership, Aureus’ comprehensive big data and analytics capabilities will complement Mphasis’ established customer base in Insurance and Banking space thus creating a huge potential for value add to end customers.

The new solutions will focus on Customer Management, Risk and Operations and boost efficiencies by rapidly unifying data, construct complex analytics and manage business critical issues to make the right decision. The problem specific products and Big Data-ready platform will support speedy insights at the point of decision by leveraging massive internal and external data sets.

The banking and insurance industries are embarking on a multichannel customer experience transformation globally. The collaboration will allow tracking starting with Business Key Performance Indicators (KPIs) all the way to operational and Information Technology KPIs. By bringing analytics where they are needed the most, Mphasis, together with Aureus Analytics will help revolutionize the industry and deliver better service to customers and better results to companies.

“Mphasis’ grip in the Indian insurance market is quite strong. Our strong reach coupled with Aureus’ innovative Big Data driven predictive analytics solutions will make outcome based business models a reality. With this partnership we look at driving a culture of data driven decision making because of timely availability of information to people who make decisions or interact with customers” says, Elango R Chief Human Resources Officer and Head Emerging Geographies Business Unit, Mphasis.

“The impact of Big Data analytics is significantly higher if made available at the point of decision. Our aim is to make this possible and bring the power into the hands of business users in an easy and seamless manner over the cloud. Our products and platform will support Mphasis by bringing efficiency, reliability and predictability of outcomes. The partnership will further strengthen its customers’ experiences thus increasing the rate of customer acquisition, retention and operations.” said Ashish Tanna, COO and Co-Founder at Aureus Analytics

Aureus Analytics has a Big Data-ready platform called Aureus Statistical Analytics Platform (ASAP) and a suite of industry and problem specific predictive analytics products - Aureus Persistency Analytics (AUPERA) and Aureus Customer Analytics (AUCUA). Its solutions bring power to the decision makers and practitioners by enabling analytics at the point of decision.

Aureus Analytics bridges the interpretation gap between multi-dimensional data and actionable insights to help businesses leverage the power of its most important asset- their Data. Aureus brings together the four essential pillars that are required for a successful Big Data Analytics solution – Deep Domain Skills, Big Data Capabilities, Data Sciences skills and Analytics expertise.

With Mphasis’ customer base spread across the globe, this partnership will deliver solutions that will catalyze quick decision making, reduce operational inefficiencies and boost bottom lines for all insurance players.