Phase V of Nasscom 10K Konnect Sees 100+ Strartup’s from Karnataka

The National Association of Software and Services Companies (NASSCOM), organized the NASSCOM 10,000 Startups ‘Konnect’ session in Bengaluru providing a conducive platform to the various startups shortlisted for its fifth phase.  The event took place in the presence of Ravi Gururaj, Chairperson, NASSCOM Product Council who gave interesting insights to the participating startups on ‘How to Pitch’. NASSCOM’s phase five Konnect is focused on identifying, supporting, incubating, and accelerating innovative technology start-ups in India.

Startups who had applied to be a part of 10k program in the last few months were considered for Phase 5 shortlisting and for the 10K Nurture program. This nurture program aims to provide a single platform for funding, mentoring, and enterprise connect, for all the 10K program shortlists. Over 100 shortlisted startups pitched to 40+ investors and 25+ corporates at the two day long Konnect session held at NASSCOM 10k startup warehouse in the city. The session allowed Startups to meet investors, incubators/accelerators and industry partners in a speed-dating format. The program aims to organize similar Konnect sessions at five other cities which include Mumbai, Hyderabad, Delhi, Kolkata and Kochi.

On the occasion,  Rajat Tandon, Vice President, NASSCOM 10k Startups, said, “Bengaluru is known to be a hub for great talent and innovation. We had received great response from the city for our Fifth phase. At NASSCOM, we have been nurturing and empowering startups through a variety of programs and activities involving entrepreneurs, investors and industry leaders. Konnect is yet another effort of ours which offers a strong platform to the aspiring entrepreneurs to not only meet investors and industry leaders but also to understand the dynamics of this thriving ecosystem. NASSCOM is committed to build a vibrant tech start-up ecosystem in the country and are proud of all the applicants that have showcased an incomparable spirit of entrepreneurship. We hope to continue on this sustained growth path to evangelize the Indian entrepreneurial ecosystem.”

The Bangalore Konnect session started off with the keynote address by Lalit Mangal, Co-founder-Commonfloor highlighting the current stature of the startup ecosphere. NASSCOM 10k Super stars (Hiree & Bookpad) from the previous batch of Konnect shared insights on what worked for them and how one can make use of the 10K ecosystem. The event was an action packed day with a host of sessions conducted to empower startups; pitching, go-to-market and growth hacking followed by investor speed dating.

NASSCOM 10,000 Startups, is a startup incubation program whose objective is to create 10,000 domain specific startups in the country by 2020.For the fifth phase, NASSCOM has shortlisted 200+ domain centric applications from startups, which will provide a detailed overview of their business idea and the market opportunity. To sustain the overall economic growth it is imperative to have more entrepreneurs in the country that will transform the landscape and propagate development. The program enables a number of entrepreneurs to setup and grow their businesses and in the process propel India’s economy.

InfrasoftTech Bags TANCUBFED Core Banking Contract Account

InfrasoftTech, a leading technology enabler specializing in digital solutions for the banking and financial services sector with over 450 clients in 36 countries, has been recently awarded a contract by Tamil Nadu State Federation of Urban Cooperative Banks (TANCUBFED) for implementing Core Banking Solution and other e-banking services in 128 Urban Co-operative Banks in Tamil Nadu.

On the occasion, Rajesh Mirjankar, CEO & Managing Director, InfrasoftTech, said “We are proud to be associated with TANCUBFED. This is a first of its kind project in India for Urban Co-operative Banks wherein banks across the entire state of Tamil Nadu will be operating on a single core hosted platform. This automation project will enable the banks to leverage the power of Private Cloud infrastructure to provide seamless digital transformation of operations, transaction management, improvement in customer service and efficient reporting to internal and regulatory authorities. This provides the banks a competitive edge over offerings and capabilities of commercial banks. ”

The automation process will be executed by implementing InfrasoftTech’s OMNIEnterprise Core Banking Solution. The OMNIEnterprise Core Banking Solution effectively supports the entire business operations of a bank – from the front office through operational workflow, the back-office and accounting. OMNIEnterprise Core Banking Solution is an enterprise solution that enables a bank to have a single view of its customer, offer service delivery through digital banking channels and quickly respond to customer and market demand while managing risks and regulatory compliance.

Yogesh Paralkar, Head of Sales for India, stated “This is a historic moment for InfrasoftTech which re-emphasizes our market leadership position in Core Banking in the co-operative banking segment. We would like to thank TANCUBFED and the Banks for this opportunity. We appreciate their vision to choose ‘Application Service Provider’ model for this project. As their technology partner we will ensure that the project meets all success parameters for application, infrastructure, capacity building and networking. 

Avaya Breeze Provides Next-Gen Platform for Mobile Digital Communication

More than two-thirds of IT executives plan to increase spending on mobile, customer-facing and cloud migration applications over the next two years as part of digital transformation initiatives.  But first, IT executives must overcome a significant skills gap that will affect their ability to carry out such initiatives at customer speed.

It’s a conundrum Avaya has solved with Avaya Breeze, an entirely new way to develop business communications applications.

At Enterprise Connect, Avaya will showcase Avaya Breeze, the next generation of the Avaya Engagement Development Platform -- the technology platform that profoundly simplifies application development while delivering built-in capabilities for enhanced mobile, customer-facing and hybrid/cloud requirements. Avaya will also unveil the Avaya Snapp Store - the first eCommerce app store for business communications.

  

Components of the Avaya Breeze technology platform include:

·  An open framework that brings the necessary attributes for communication in the digital age: embedded, multi-platform, mobile, fast, low risk, and workflow enabled – a key requirement to automate previously manual processes to improve digital experiences.

·  A development platform for rapid creation of new workflow-based applications within a matter of hours or days versus months.

·  A delivery mechanism – the Avaya Snapp Store --that allows a single integrated experience via browsers and native smart apps for entirely new customer experiences.

·  Open connectors/APIs that enable simple, integration with existing business communications services and access to the billions of devices in the Internet of Things.

The Avaya Snapp Store is a focused, ecommerce-enabled marketplace for Avaya Breeze applications – or Snap-ins - from Avaya and 3^rd party developers. Snap-ins -- easily consumable, prebuilt connectors, fit-for-purpose apps and/or developer code -- enable companies to quickly build workflows, customer journeys and other unique applications. The Avaya Snapp Store makes it easy to find, access and download Snap-ins by simply using a credit card for purchase. Developers can create Snap-ins and be on-boarded in the store within weeks.

Gary Barnett, SVP and GM, Avaya Engagement Solutions, said, “Now, Avaya delivers on the promise of open, mobile engagement with a platform that allows companies to easily design and embed applications into workflows via a powerful, simplified, software-defined architecture and infrastructure for communications. This game-changing technology is built for digital business where companies need the flexibility, speed and the freedom to easily create unique value for their customers. Avaya Breeze liberates them from the confines of monolithic, vendor-locked platforms.”

PayPal & OYO Rooms Partner for Secure Online Hotel Bookings

PayPal, a leading open digital payments company, today announced a tie- up with Oyo Rooms, India's largest branded network of hotels.

Speaking on the partnership, Hamish Moline, Regional Merchant Services, PayPal APAC, said, “The Indian e-commerce sector is at a stage where growth is exponential and with this comes increased risk. Growth of new age businesses like OYO Rooms can be further accelerated if they are protected against online payment risks and frauds. PayPal’s technology protects merchants such as OYO Rooms against unauthorized transactions and mitigates associated risks. We are proud to have tied-up with OYO Rooms and look forward to aid their growth through our holistic payments technology in every way possible.”

Abhinav Sinha, COO OYO Rooms, spoke about the partnership, “We are focused on utilizing technology to enhance guest experience and solve customer problems. This tie-up with PayPal will assist us in delivering a seamless payment experience through reduced friction during payment process. PayPal is a global leader in payments and we look forward to their network supporting our growth.”

OYO Rooms has disrupted the legacy-driven business of hospitality, creating a sizeable and new market opportunity. Having established its market leadership in India, OYO Rooms recently forayed into South East Asia through launch of operations in Malaysia. The partnership with PayPal will enable Oyo Rooms’ customers across the globe to seamlessly pay for their bookings in Malaysia and other Southeast Asian countries via PayPal.

PayPal constantly works to maintain and enhance the security, reliability and responsiveness of the secure payments platform to allow 179 million active consumers and millions of merchants across 203 markets around the world to pay and get paid with confidence every day. PayPal’s Seller Protection program helps guard merchants from losing money to claims and chargebacks.

3D Innovation Puts Singapore Land Authority on the Map

The Singapore Land Authority (SLA) is a statutory board under the Ministry of Law with a mission to optimise land resources for the economic and social development of Singapore. The SLA-led SGD $8 million government initiative is intended to create and maintain a world’s first high-resolution 3D map of an entire country. Created using Bentley software, the 3D map will provide multi-user access to this information to support daily operational requirements, planning, risk management, and more. The project encompassed all of Singapore, an area of more than 700 square kilometres.

Bentley’s comprehensive solution enabled NCS, the system integrator for the project, to meet SLA’s 2D and 3D cadastre management requirements, while providing flexibility in terms of in-house development and a data agnostic environment. Simplicity of integration with other technologies, such as Oracle Spatial, was important because SLA will manage both 2D and 3D data natively in Oracle to meet wider objectives for hybrid data management processes, information sharing, and collaboration. 

“Bentley’s strength in 3D editing and its interoperability with the Oracle Spatial database was key in the implementation of a national 3D city model database,” said Dr. Victor Choo, deputy director, land survey division, Singapore Land Authority. 

The project involved capturing large amounts of data, creating 2D/3D datasets in several data formats, and supporting the interoperability of the data and management of datasets in a single repository. Multiple rapid mapping technologies such as oblique imagery, airborne laser scanning, mobile laser scanning, and terrestrial scanning, resulted in more than 50 terabytes of data in multiple formats. 

Hitachi’s “ADSTEFAN Ver. 2016” Begins Sales of its Casting Simulation System in India

Hitachi Industry and Control Solutions, Ltd. (“Hitachi Industry and Control”) announced that it will begin sales of “ADSTEFAN Ver. 2016”, a casting simulation system^*1, in the Republic of India(“India”) on March 15, 2016. “ADSTEFAN Ver. 2016” was released in Japan on February 1, 2016. Hitachi Industry & Control is aiming to secure sales of 50 licenses per year in the Indian market.

“ADSTEFAN” is a simulation tool that enables users in the front lines of casting production in the molding materials industry to predict casting defects before they occur. It can simulate the inflow of molten metal into casting molds as well as the hardening process, both of which have been treated like a "black box" so far, and displays those processes in 3D. This makes it possible to reduce the number of casting prototypes, cut down on development time, and improve quality, thereby to demonstrate results in terms of reductions in both costs and the resources consumed.

Hitachi Industry & Control originally released “ADSTEFAN” in Japan in 1999, and since then has made improvements of product functions based on requests for enhancements from user companies and the results of joint research with universities and partner companies, offering upgraded versions each year. In 2007, it released “ADSTEFAN” for the first time in India, when a sales agency contract was completed with the ProSIM RnD Center, an Indian subsidiary, and is now working to strengthen and enhance the sales and service structure in collaboration with partner companies. By “ADSTEFANVer.2016”, Hitachi Industry & Control will contribute to the development of the manufacturing industry in India.

Mitsuo Takayama, President - Hitachi Industry & Control Solutions, Ltd., said:

By offering the “ADSTEFAN” simulation system, Hitachi Industry & Control has contributed to improving quality and reducing man-hours in the front lines of casting production in the Japanese molding materials industry. Now, we are extremely pleased and proud to be able to offer the system “ADSTEFAN Ver.2016” in India.

Benefits of “ADSTEFAN”:

-       Reduction of Time: Time Reduction for Development / Designing, Decreasing numbers of prototypes

-       Reduction of Cost: Cost reduction for prototypes, Reduction of designing costs

-       Improvement of Quality: Preventing casting defects, Improvement of yield rate, Improvement of product reliability

-       Grasp of Defect Causes: Grasp and countermeasures for the defects from simulation results

-       Accumulation of Technology: Accumulating and handing technology and know-how of designing data

NI Automated Test Outlook Reinforces the Need for Smarter Test Systems

NI, the provider of platform-based systems that enable engineers and scientists to solve the world’s greatest engineering challenges, announced today the release of its Automated Test Outlook 2016. The annual test and measurement report delivers a comprehensive view of the key trends expected to impact automated test environments with the proliferation of connected devices, from preparing to test mmWave communication to effectively using manufacturing test data to propel business results.

“As strong advocates for excellence in automated test, we work closely with customers and suppliers to understand the top issues facing manufacturing and test departments,” said Jayaram Pillai, Managing Director India at National Instruments. “Whether your challenge is testing millions of Internet of Things devices or managing a 20-year-old test system, our goal is to spark dialogue within your organization to help you lower the cost of test and stay ahead of your competition.”

Automated Test Outlook 2016 explores the following topics:

COMPUTING: Harvesting Production Test Data

Semiconductor organizations pioneer real-time data analytics to reduce manufacturing test cost.

SOFTWARE: Life-Cycle Management Is All About Software

Obsolescence, OS churn, and compatibility challenge long life-cycle projects—an age-old problem warrants revisiting.

ARCHITECTURE: The Rise of Test Management Software

Off-the-shelf test executives are effective solutions for the influx of new programming languages.

I/O: Standardizing Platforms from Characterization to Production

RFIC companies employ IP reuse and hardware standardization across the product design cycle to reduce cost and shorten time to market.

Business Strategy: Making (mm)Waves in Test Strategy

Test managers are adopting modular solutions to economically validate high-frequency components.