Wednesday, May 10, 2017

Oracle to Open Data Center in India Over the Next 6-9 Months

Oracle has announced it will expand its cloud services in India over the next six to nine months with plans for an Oracle data center in India.  

Over the coming months Oracle will be reviewing proposals from government and business partners to provide customers with the capability to build and move workloads to an India-based cloud.  The services will offer uncompromised security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings. 

Oracle’s expanded infrastructure footprint is a result of tremendous customer demand.

“Our customers and partners in India have trusted their businesses and mission-critical workloads to the Oracle Cloud for years,” said Thomas Kurian, president of product development, Oracle. “With this expansion we will be able to further support customer choice adding to capabilities already available through deployments of Oracle Cloud at Customer, as well as other Oracle Cloud data center regions in Asia Pacific.”

A10 Networks Research Highlights Importance of Apps in Daily Life


How important are apps in everyday life? More important than eating and drinking? As important as sunlight or being with family? According to the results of A10 Networks’ Application Intelligence Report (AIR), work and personal apps are so integral in daily life that many in the global workforce believe it is impossible and physically uncomfortable to live without them, comparing them in importance to basic daily nourishment like eating, breathing and socializing.

AIR takes a unique, easy-to-understand approach to examining the human and cultural side of technology trends – specifically, the interaction with applications and the growing security implications that result personally and for businesses and their IT organizations. Based on research involving more than 2,000 business and IT professionals at companies from various industries around the world- including India, AIR addresses the rise in use and significance of apps in our “blended lives,” in which lines blur between how the global workforce manages work and personal business through use of apps at home, in the office and anywhere in between.

The research was conducted in 10 countries, representing some of the world’s largest economies and fastest growing populations of technology adopters: Brazil, China, France, Germany, India, Japan, Singapore, South Korea, the United Kingdom and the United States. Key findings include:

APPS -- DIGITAL OXYGEN SUSTAINING DAILY LIFE:
·  APPS AS A BASIC HUMAN NECESSITY: Half (50%) of all global respondents consider apps to be as or almost as important as breathing, eating and drinking.
·  EVOLUTION OF OUR “DIGITAL” DNA: More than four out of five globally consider apps integral to their personal lives. India ranked second-highest (behind China) as a country that found it most difficult to live without apps, with 97 percent of the Indians surveyed citing they could either not live without apps - or it would be difficult to do so.  In fact, access to apps was almost as important as access to water in India. This  raises questions about how applications have evolved to the point where “they are now part of our DNA.”
·  GIVE ME APPS OR GIVE ME DARKNESS: The survey also found that access to apps on a smartphone was equally as important as the ability to have access to sunlight or outdoor exposure. In fact, India at 68 percent, had the highest percentage of respondents who that claimed apps to be as significant – or nearly so – as air, food, water and shelter.
·  IN AN EMERGENCY: More respondents (45%) would grab their smartphone on the way out of their homes – if given the choice of only taking one item – over a safe with important documents (36%), their personal photo albums (12%), or a desktop or laptop (7%).
·  THE WEAKEST LINK – MOBILE PHONES OR IoT DEVICES? Laptops are perceived as more vulnerable than mobile phones, when compared to a list that also includes IoT devices like surveillance cameras, smart TVs and Internet-enabled cars – all of which are, to many respondents, are unknowingly vulnerable as well. On the mobile phone front Indians lose their mobile devices almost twice as much as the global average thereby increasing the vulnerability quotient.
LEAVE YOUR HOUSE OR PHONE UNLOCKED? More participants would rather leave their house unlocked for a whole day than leave their unlocked phone on a park bench for an hour, with 52% choosing the former.

ATTITUDES TOWARD APP USE AND SECURITY:
·         SECURITY A CONSIDERATION – BUT ONLY AT FIRST: Although over four out of five (83%) either agree or strongly agree that they think about security risks when first downloading an app, after that, security becomes much less of a concern,ranking behind performance (32%) and ease of use (24%).
·  TAKING RISKS: Even though they think app developers may not have security as their top concern – or have the proficiency to build secure apps at all – people still download apps and take their chances, as nearly half (47%) still expect to be protected from cyber-attacks by either their company or third-party app developers.
·  APP APATHY: The survey found a growing acceptance of the inevitability of getting hacked, as nearly one in three (29%) feel cyber-attacks “are a fact of life,” and one in five (21%) “just try not to think about it.”
·  SECURITY AND WORK APPS: Roughly one in three (32%) surveyed think about security concerns when using personal apps. For business apps, security is even less of a thought, as fewer than one in five (17%) surveyed cite security as a top thought when using them. 

CYBERSECURITY BEHAVIOR AND THREATS:
·  IDENTITY THEFT – THE NEW RITE OF PASSAGE: More than one in 10 respondents (13%) say they have been a victim of identity theft. And by a wide margin, the younger the generation, the more likely the person is to be a victim of identity theft: Nearly one in five (19%) in their 20s reported having their identity stolen globally, while only 2% of those older than 50 cited the same. This finding raises questions about how many people do not know they have been victimized.

·         GETTING HACKED: One in five (20%) respondents have had their mobile device or computer hacked. Almost one in three under 30 (31%) has been hacked

·         DIGITAL THEFT IS THE NEW REALITY: Nearly three out of five (59%) think having their mobile device hacked and personal information stolen is more realistic thanhaving their car broken into or their home burglarized.

·         CARELESS DIGITAL BEHAVIOR: Younger generations are also more careless with their personal devices, as one in three (34%) under 30 years old has lost their mobile device or computer, and one in four (24%) has had their mobile device stolen at least once.

·  PASSWORDS: One in 10 (11%) said they never change their passwords for their mobile apps, while another three out of 10 (29%) use the same password for the majority of their apps.

Neil Wu Becker, VP Marketing, A10 Networks says, “Understanding the dependency on apps in our lives raises questions about the diligence we apply to protecting our personal information. This is important when considering use of personal and work apps with work-issued devices on corporate networks in the workplace. AIR’s insight into behavioral tendencies with apps and the impact on personal and business risk is a topic that is not addressed enough. As a security vendor, we see a need to increase the volume on factoring in human behavior with technology Investments. After all, the greatest security technology can be undermined by negligent behavior, and we want to help our customers protect their solution investments, businesses, and employees.”

Strong Margins Boost Vijaya Bank’s Q4 2017-18 Profit


Vijaya Bank reported nearly three-fold jump in net profit for the fourth quarter ended March 31, 2017. The company added Rs 385.35 crore to Rs 9,214.35 crore in market valuation.

Vijaya Bank has reported a nearly three-fold jump in net profit to Rs 204 crore for the fourth quarter ended March 31, 2017. The bank had posted a net profit of Rs 71.31 crore in the January-March quarter of 2015-16 fiscal, Vijaya Bank said in a regulatory filing. Total income of the bank rose to Rs 3,504.73 crore in the January-March quarter as against Rs 3,228.48 crore in the year-ago period.

The board of the directors of the company have recommended a dividend of Rs 1.50 per share or 15 per cent for 2016-17. As far as asset quality of the bank is concerned, the gross NPAs as a percentage of total advances declined marginally to 6.59 per cent from 6.64 per cent in the same quarter a year ago. Its net NPAs also eased to 4.35 per cent as against 4.81 per cent at the end of March 2016.

TKM Opens Admissions for Toyota Tech Training Institute for 2017-18


Toyota Kirloskar Motor (TKM) has announced the opening of admissions for the academic year 2017-18 of Toyota Technical Training Institute (TTTI), a dedicated 3-year program that provides opportunities for intelligent students from economically weaker sections across Karnataka to become skilled technicians in auto manufacturing and plant administration.
Admission to the 10th batch of TTTI is open to male candidates only (at present) from economically backward sections of the society, from across the state of Karnataka. Aspirants between the age of 15-17 years (as on 15th July 2017) and have cleared SSLC in their first attempt with 50% overall and 50% in Mathematics and Science each are eligible to apply.
Further details on this year’s application are given below:
The selection procedure which starts soon after the SSLC result announcement (during May ’17) includes a written test, skill test, physical test, assessment test, interview, medical test and antecedent check.
The three year full-term apprentice residential training in Automobile Manufacturing has four courses namelyAutomobile Assembly, Automobile Weld, Automobile Paint and Mechatronics.
The training curriculum at TTTI is a unique blend which focuses on the holistic development of Knowledge (16%), Skill (34%), Body and Mind (50%) of the students.
Toyota Kirloskar Motor has been instrumental in promoting skill development in the automotive industry through various innovative programs. TTTI is one such step by the company towards helping talented youth from rural Karnataka in improving their quality of life and making them more employable thereby promoting a robust economy in the country. The institute has provided training to close to 500 students from across the state.
Training at TTTI is not restricted to classrooms and workshops alone. TTTI exclusively emphasizes on over all development of the trainees as per industry requirements & towards “Perfecting people” and there by contributing young multi skilled, energetic, ideal students to the nation.
At the completion of the training,
v  Students are getting certification from Toyota Kirloskar Motor Pvt. Ltd.
v  Students are getting a privilege to appear for NAC (National Apprentice Certificate) exam and  certification from ASDC (Automotive Skill Development Council )
During the course, students will be given the opportunity to take part in various national and internationals competitions like National Skill Competition and World Skill Competition (Skill Olympics).

Monday, May 8, 2017

The Hive Brings 2000 Start Enablers To Bengaluru With ‘STARup 2017’

The Hive – Collaborative Workspaces at VR Bengaluru, yesterday concluded ‘STARup2017’, a gathering of over 2,000 entrepreneurs, investors, corporate representatives, government officials and influencers from across the world’s leading start-up ecosystems. The conference was presented by Ah! Ventures and was focussed on the theme of Emerging Technology Trends. It welcomed an array of distinguished personalities from the start-up ecosystem; Praveen Sinha (Jabong), Sauvik Banerjjee (TATA Cliq), Archana Priyadarshini (Unicorn India Ventures), Shalini Prakash (500 Startups), Dr. A. Velumani (Thyrocare) and Sandeep Agarwal (ShopClues) among others. 

The two-day conference witnessed a host of panel discussions and sessions with eminent speakers across FinTech, HealthTech, EduTech, EmeringTech, CleanTech, FoodTech & Logistics, Platforms & Aggregators, Robotics & AI and Co-working segments.

Ankit Samdariya, spokesperson for The Hive, said,” STARup is one of the largest networking and knowledge sharing events in the country. In-line with our vision of connecting communities, we partnered with STARup2017 to provide a platform for the start-up ecosystem to connect and engage in a colloquial environment at VR Bengaluru.”

The conference created an opportunity for like-minded people across start-up ecosystems to network and learn from each other. It also provided a platform where start-ups could pitch and procure funding for their ventures. In a drastic departure from the conventional conference venues STARup2017 was held across different venues including a pub, a fitness studio, a rooftop bar and pool side and co-working spaces.  

Harshad Lahoti, Founder, Ah! Ventures said, “For the first edition STARup in Bangalore, The Hive was an ideal choice as it offered 1 million sq.ft of unique co-working and networking spaces at VR Bengaluru. The Hive’s culture of collaboration resonates with the essence of STARup which is all about bringing communities together.”     

The event was not all work and no play; it had five breakout sessions such as, Money on the Table, Tu Bhi Beer Hai, Jam with T-Man, 18-of-a-Kind and Wallet Bureau to enliven the atmosphere.

L&T Infotech Rebranded LTI; To Hire 1,500-2,000 Freshers in FY17-18



L&T Infotech, a leading IT services company, is rebranding itself as LTI. Days after Wipro unveiled its new brand identity, L&T Infotech, too, has decided to drop the word ‘Infotech’ from its name to reflect the changed business environment. The tech firm also announced that they would be hiring about 1,500 to 2,000 freshers during this financial year.

The new LTI’s tagline says: ‘Let’s solve,’ which symbolizes its ability to come up with solutions in an ever-changing digital world. 
Sanjay Jalona, CEO of L&T Infotech says, "20 years ago used to work with IT companies, but now we work with consumer, marketing, manufacturing and technology companies. Infotech was old and referred to the IT section of the customer base, which has changed as have technologies. We want to position ourselves differently in the marketplace. So the CIOs are just stakeholders of ours today."
With the core value proposition shifting away from outsourcing of IT services to transformational activity, India’s technology companies are trying hard to covey to customers that they are more than just outsourcing companies.

Like many of its larger peers, L&T Infotech, too, has been chasing the transformational deals that require deployment of disruptive technologies like mobile, cloud, artificial intelligence and cloud. It may be recalled that Infosys dropped 'Technologies' from its name in 2011 as it got into different lines of business over the years. And, Wipro’s new brand identity seeks to convey pretty much the same thing to its customers.

The company has worked with Saffron, a global agency founded by Wally Olins, to develop a new corporate identity. The new identity and brand idea is based on amber sky and blue sea forming a mosaic of sorts. Jalona explains, "There are different pieces of rocks and they come together to form a mosaic, which is a work of art. We trademarked MOSAIC and it is our framework for digital transformation. All investments we are making are in these technologies and capabilities." MOSAIC is an acronym for a platform that will deliver disruptive technologies to customers like mobile, social, automation, artificial intelligence, IoT and cloud.
LTI Will Continue to Hire 1,500 to 2,000 Freshers During FY17-18
LTI says that it would continue to hire freshers from campuses even though there will be a significant focus on improving the quality of hiring.

Jalona says, “We plan to hire the best in class fresh candidates from prominent institutions and also through number of hackathon events held in all the locations we are present. LTI will continue to grow at the leader quadrant during FY17-18.”

Company sources indicate that LTI employees of about 21,000 globally, 4,000 in the Bangalore centre and about 3,000 in the US alone.

The average salary of a US LTI employee stands around $70,000 to $80,000, which is one of the best in the industry, expect for couple of larger rivals who have a higher degree of consulting revenue mix.

Students of SREC, IIIT Jabalpur & UVCE Emerge Winners at L&T Tech Services TECHgium


L&T Technology Services Limited, a leading global pure-play Engineering R&D Services company has announced the winners of its pan-India engineering talent hunt TECHgium. Students of Sri Ramakrishna Engineering College, SREC, Engineering College in Coimbatore won the first prize; Indian Institute of Information Technology, Design and Manufacturing (IIITDM) Jabalpur won the second prize while University Visvesvaraya College of Engineering (UVCE), Bangalore were the winners of the third prize in the engineering talent contest.  

The initiative is a nationwide outreach and open innovation model that offers a ready platform to students to solve contemporary challenges in engineering faced by industries globally. Over 7,000 engineering talent with 193 faculty members from 164 reputed engineering institutes participated in the competition to solve the 22 challenges defined by LTTS’ clients like Intel, Calsonic Kansei, Wartsila, Danaher, Setra Systems, Continental, Zebra and Thomson International. 

The multi-stage competition required students to create concepts, submit abstracts, present technical papers and showcase Proof of Concepts (PoCs) to address the challenges.

Dr. Keshab Panda, CEO & Managing Director, L&T Technology Services Limited said, “We are proud to be the dream engineering company in college campuses across India. Through TECHgium our aim is to further extend this strong association with the engineering student community and create the digital engineering skills much needed by our nation. We also thank our clients for sharing the challenges that has made this contest so exciting.”

The elite panel of jury members for the final stage which showcased live demonstration of Proofs of Concepts from 40 teams and 105 students, included Pareekh Jain, Senior Vice President and Managing Director India, Hfs Research, Raman Ganapathiraman, Country Manager, India, ARC Advisory Group and Rashmi Urdhwareshe, Director, Automotive Research Association of India (ARAI).

The team from Sri Ramakrishna Engineering College, Coimbatore worked on a Single Seated Powered Winch Mechanism. Indian Institute of Information Technology, Design and Manufacturing College, Jabalpur who developed a PoC on Use of Phased Array Ultrasonic Technology for leakage detection. Student from the University Visvesvaraya College of Engineering, Bangalore who developed a solution for incorporating variable compression ratio in a turbocharged engine to increase low power efficiency.

The winning teams were also awarded cash prizes of Rs 3 lakhs, Rs 2 lakhs and Rs 1 lakh respectively. These successful students will be eligible for placements in L&T Technology Services after graduation based on the merit of their solutions.

Speaking on the award win, Charles Martin of Sri Ramakrishna Engineering College, Coimbatore said, “It is yet to sink in that our work will solve a challenging problem faced by a global technology leader. We are grateful to LTTS for providing this unique opportunity to experience the pace of problem solving expected by the industry.”

“We are pleased to be part of this unique TECHgium contest. It has been immensely helpful in building our confidence to face industry challenges after we graduate,” commented Avashesh Singh of IIIT Design and Manufacturing, Jabalpur.

Other PoCs showcased at TECHgium include a project on Vehicle assistance using Artificial Intelligence (AI)’ from Dayananda Sagar College of Engineering, Bangalore and a project related to the building industry - a mobile based control to adjust roof panels thereby maximizing day-light inside rooms.

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