Trend Micro Incorporated, a global leader in cybersecurity solutions, has been named a market leader in endpoint security — having been judged to have the highest score in the “current offering” category among the 15 evaluated vendors, given a five out of a possible five score for the strategy category and among the second-highest scores in the market presence category.
According to The Forrester Wave: Endpoint Security Suites, Q2 2018 report, ‘Trend Micro continues to offer the most flexible and fully featured suite on the market’ and ‘Trend Micro maintains its position as a market leader with continuous evolution of its prevention and detection engines along with best-in-class suite capabilities’.
Nilesh Jain, Vice President – South East Asia and India, Trend Micro said, “Endpoint market has been growing at a rapid rate and in the last few years, we have seen a lot of sophisticated attacks on endpoints. We at Trend Micro are committed and primarily focused on giving proactive protection to customers in any vertical be it server security, endpoint security or network security and providing solutions in this space. We are glad to be recognised and believe that it will help strengthen our performance in the long run.”
Eric Skinner, vice president product strategy, Trend Micro said, “We built our solution enhancements in response to the direct and on-going input of customers and prospects. In our view, this evaluation demonstrates that we continue to get it right. We believe that it’s another proof point that Trend Micro is a strong alternative to legacy AV solutions and has no need for additive products.”
Coming just a few months after being named a Leader in Gartner’s 2018 Magic Quadrant for Endpoint Protection Platforms (EPP), Trend Micro believes that this latest evaluation is more confirmation that its endpoint has advanced in the ways critical to the market.
Key criteria for the current offering includes malware and exploit prevention, behavioral detection, and product performance, which Forrester validated using customer feedback and third-party test results. Appraisal of strategy takes into account corporate vision and focus, security community involvement, and product road map, while judging market presence requires a focus on each vendor’s enterprise customer base and licensing partner presence.
Trend Micro is particularly gratified that customers gave the platform high marks for malware and exploit prevention efficacy, with a low negative impact on endpoint user experience.
“Admins appreciate the product’s high level of automation along with its flexibility and scalability to adapt to different operating environments,” the report stated, concluding that, “Trend Micro is still an easy shortlist addition for most enterprise environments requiring a full endpoint security stack.”
Trend Micro’s endpoint security technology is driven by its XGen approach: a cross-generational blend of threat defense techniques that intelligently applies the right technology at the right time, resulting in more effective and efficient protection against a full range of threats.
Soon after Swiggy, online insurance aggregator PolicyBazaar has joined the coveted club of ‘Unicorn’ in India. The Gurugram-based company has raised around $236 million in its Series F round of funding led by SoftBank.
According to Yashish Dahiya, co-founder of PolicyBazaar, the total round including primary and secondary investments is about $236 million (primary: $206 million and secondary: $30 million) of which large party, i.e., around $150 million came from SoftBank, reports the media.
The investment round also saw a participation of company’s existing investors InfoEdge, Temasek, Tiger Global Management, True North, and PremjiInvest. In a separate report, Mint has confirmed PolicyBazaar hitting $1 billion valuation through a company statement.
Dahiya’s further revealed that his mother and father-in-law also invested around Rs 1 crore in their personal capacity.
As far as the PolicyBazaar’s valuation is concerned, Dahiya said that his company isn’t bothered about that. However, the company’s valuation has seen a decent 2X jump from the last valuation after it had raised Rs 500 crore led by global asset management firm Wellington Management, private equity firm True North and IDG Ventures India.
Regarding the company’s much-rumoured IPO aspiration, Dahiya explained that the company is not going public anytime soon. With the backing from SoftBank, PolicyBazaar is planning to invest a majority of the fund in healthcare space.
According to the aforementioned Mint report, the company will launch a new unit – DocPrime, a marketplace for doctors connecting patients. Actually, PolicyBazaar aims a bigger opportunity in the health-insuring segment.
It sets to strike tie-ups with clinics, diagnostic centres, and hospitals to launch OPD-specific insurance products and in future, it will have its own health insurance products under DocPrime.
Founded in 2008, PolicyBazaar is an insurance policy comparison website run by EtechAces Marketing and Consulting Pvt. Ltd. With this round, it has raked in over Rs 2,600 crore risk capital from multiple investors.
It claims to clock around 300,000 transactions on a monthly basis and also broke even in the financial year 2016-17 with a total revenue of Rs 220 crore.
The Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd have signed a Memorandum of Agreement for transfer of technology for India’s first Lithium Ion (Li-ion) battery project.
The agreement was signed in Bengaluru recently by Dr Vijayamohan K. Pillai, Director, CECRI and C. Narasimhan, Chairman-cum-Managing Director of RAASI Group in the presence of Union minister for Science & Technology Dr Harsh Vardhan.
A group at CSIR-CECRI headed by Dr Gopu Kumar has developed an indigenous technology of Lithium-ion cells in partnership with CSIR-National Physical Laboratory (CSIR-NPL) New Delhi, CSIR- Central Glass and Ceramic Research Institute (CSIR-CGCRI) Kolkata and Indian Institute of Chemical Technology (CSIR-IICT) Hyderabad. CSIR-CECRI has set up a demo facility in Chennai to manufacture prototype Lithium-Ion cells. It has secured global IPRs with potential to enable cost reduction, coupled with appropriate supply chain and manufacturing technology for mass production.
Currently, Indian manufacturers source Lithium Ion Battery from China, Japan and South Korea among some other countries. India is one of the largest importers and in 2017, it imported nearly 150 Million US Dollar worth Li-Ion batteries.
“Today’s development is a validation of the capabilities of CSIR and its laboratories to meet technology in critical areas to support our industry, besides other sectors,” said Dr Harsh Vardhan after the signing ceremony. “It will give tremendous boost to two flagship programmes of Prime Minister Narendra Modi – increasing the share of Clean Energy in the energy basket by generating 175 Giga Watts by 2022, of which 100 Giga Watts will be Solar and the second, National Electric Mobility Mission, to switch completely to electric vehicles by 2030.”
Dr Harsh Vardhan said, the project is in tune with Prime Minister’s vision of “Make in India”, to turn India into a manufacturing hub and to cut down outflow of foreign exchange.
Raasi Group will set up the manufacturing facility in Krishnagiri district of Tamil Nadu close to Bangalore. “We want to bring down the cost of cell manufacturing below Rs. 15,000/- per KW to replace Lead Acid Battery,” said Narasimhan. “We also have plans to make Lithium Ion battery for solar roof top with life span of 25 years to make it affordable enough to drive the Photo Voltaic segment.”
Li-Ion batteries have applications in Energy Storage System – from hearing aid to container sized batteries to power a cluster of villages, Electric Vehicles (2-wheeler, 3-wheeler, 4-wheeler and Bus), portable electronic sector, Grid Storage, Telecom and Telecommunication Towers, Medical Devices, Household and Office Power Back (UPS), Powering Robots in Processing Industry. Lithium-ion batteries can power any electrical application without the need of physical wires-means wireless.
Dr Jitendra Yadav, Director, CSIR-National Aerospace Laboratories, Bengaluru, Dr Vidyadhar Mudkavi, Director, CSIR-4PI, Dr. M. Annadurai, Director, ISRO Satellite Centre, Bengaluru were also present on the occasion. Dr Annadurai stressed, the Li-Ion cells developed by ISRO is primarily for space applications and there is room for convergence.
Hero Electronix, a Hero Group company, has announced its entry into the IoT space with the acquisition of Gurgaon-based Zenatix, an enterprise focused internet-of-things (IoT) solutions company. Hero Electronix believes that IOT can fundamentally enrich people’s lives and bring in tremendous efficiencies in business. As sensors proliferate (India projected to have an installed IoT device base of ~2.0 billion units by 2020 according to NASSCOM) and data connectivity becomes ubiquitous, vast amount of real-time data can transform business processes. Further, artificial intelligence deployed over this “ocean” of real time data can make help drive improvements in efficiency, improve velocity of operations and provide new consumer insights.
Ujjwal Munjal, Founder Director, Hero Electronix said: “At Hero Electronix our vision is to solve real-world challenges through innovative use of new technologies like IoT. If we examine the IoT space in India today, we only see the tip of the proverbial iceberg. As our team drives innovation, we are exploring acquisition and partnerships with start-ups like Zenatix, who are combining technology and data driven insights for sectoral disruption. While our IoT solutions are for enterprises to begin with, we are getting ready to venture into the consumer segment.”
With this acquisition, Hero Electronix has rapidly expanded into the IoT space, helping enterprises tackle business challenges through the deployment of connected-devices. Founded in 2013 by IIT-Delhi engineers, Zenatix has built its own proprietary IoT stack, which includes hardware, cloud-based software and big-data analytics. Zenatix’s current customers include banks, ATM management companies, retail chains and QSR outlets. They help improve efficiency and control in their operations and enhance customer experience. Leveraging its advanced Machine Learning (ML) based model, Zenatix analyses over 10 million data points every hour and deliver significant value in areas such as predictive maintenance and consumer experience analytics.
Nikhil Rajpal, CEO, Hero Electronix adds: “We spoke to over 100 companies in the IoT space over the last year and chose to partner with Zenatix as we believe they are uniquely positioned. They are one of the few companies in IoT who have a very strong proprietary solution and have demonstrated scale with over 1,500 deployments across the country. We believe we can meaningfully accelerate their growth by leveraging related solutions in the Hero Electronics ecosystem like AI driven video analytics, voice integrations and multiple product platforms that can be very relevant to their clients”
Zenatix was launched in 2013 by IIT-Delhi alumni, Amarjeet Singh, Rahul Bhalla and Vishal Bansal. According to Rahul Bhalla, CEO, Zenatix: “We started Zenatix with the aim to address a niche problem that was waiting to be discovered. While we use IoT and big data analytics to introduce automation for retail and BFSI customers, through our partnership with Hero Electronix, we aim to expand these solutions to new areas and segments. The Indian IoT market is still at a nascent stage and with Hero Electronix as our partner, we aim to scale up to the next level.”
Hero Electronix’s past investments include Tessolve, a leading semiconductor; Malaysia’s Spectrum Integrated Technologies Sdn Bhd and the test lab business of Singapore’s Lynxemi Pte Ltd. In 2015, Hero Electronix acquired MyBox Technologies, one of India’s largest multi-operator manufacturer of digital set-top boxes in the country.
Autodesk and Amazon Web Services (AWS) have joined hands to drive greater adoption of generative design technology by manufacturers. Autodesk generative design uses cloud computing and artificial intelligence to accelerate design exploration beyond what’s humanly possible. Subscribers of the new Autodesk Fusion 360 Ultimate, who want to get started with generative design will get 500 additional cloud credits from AWS. The program will officially commence on July 1st and will be available to new annual subscribers of Fusion 360 Ultimate.
Fusion 360 Ultimate subscribers can use cloud credits to perform generative design studies (25 cloud credits), explore options, and download their chosen design (100 cloud credits)
Customers who take part in this offer will be able to complete several design studies with their 1,500 credits
Designers and engineers in the manufacturing sector can use generative design to quickly generate a set of high-performance design options based on their specific constraints (like weight, materials, or manufacturing methods). The cloud allows for rapid exploration of dozens or even hundreds of possible solutions in the design space. Engineers can then consider and judge between the different options that best meet their needs.
Autodesk customers like General Motors, Airbus and Lightning Motorcycles have already invested in generative design to develop products that are higher-performing, lighter, or require fewer parts than their predecessors.
ACCA (the Association of Chartered Certified Accountants), a global body for professional accountants has over 750,000 members in India and is growing at 60 percent on a year-on-year basis. In fact, Karnataka and Kerala states alone amount to 21,158 students and affiliates. Now with India’s 29 states operating as a single economic market, there is a clear demand for finance professionals who possess international as well as national expertise.
In order to create forward-thinking professional accountants, ACCA has built its competency framework, a market-leading blend of technical, ethical and professional skills to provide a globally relevant professional qualification in accountancy and finance. This framework would be beneficial for students and enable them to gain a competitive advantage in the workplace, while also providing the skills needed by employers.
ACCA works in partnership with learning providers and employers in Karnataka and across India, while meeting aspirations of the youth and provide access to quality education so that they can embark on a financial career. ACCA’s research into the hopes and aspirations of Generation Next in India shows that a career in finance is one of the most sought after, with 86% of respondents between the ages of 18 to 35 agreeing that finance career experience is valuable to be a leader of an organsiation in the future.
ACCA’s Head of International Development, Md. Sajid Khan, said: ‘It’s our clear aim to foster business relevant skills in our students to help them fast-track their career growth. That’s why we work closely with colleges and employers in India to enrich careers, providing people with a qualification that is truly global ; correspondingly growing the talent pipeline of the state. ‘With trusted learning providers, we work to supplement academic degrees with the ACCA qualification, so that graduates can realise their true potential.
Adding to the thought ACCA’s Director – Emerging Markets, Lucia Real-Martin said, “Sought-after by employers here in India and the world over, the ACCA Qualification opens doors, letting people take their career in direction the direction that they want to spearhead. Employers know that ACCA qualified professionals are trained to the highest standards, while providing realistic business environment that incorporates local and global awareness, thus making the qualified job ready from day one.”
Along with the ACCA Qualification that prepares students to be work-ready, ACCA and its learning partners together host seminars, conferences, skills development projects, research and exchange programmes that students and members can access helping them not only at the entry levels but through their career span.
Acer has announced the new Altos R880 F4 GPU server, which was launched at the GTC Taiwan 2018. It can host up to eight NVIDIA Tesla V100 32GB SXM2 GPU accelerators, where every GPU pair includes one PCIe slot for high-speed interconnect.
The Acer Altos R880 F4 is a member of the HGX-T1 class of NVIDIA GPU-Accelerated Server Platforms. It can significantly enhance performance by using parallel computing power for various applications, including oil and gas, defense, financial services, research, manufacturing, media and entertainment, 3D rendering, deep learning, and mission-critical applications.
“The balanced architecture of the Altos R880 F4 enables eight V100 32GB SXM2s to interlock at their maximum speed,” said Evis Lin, General Manager of Server Business, Acer Inc. “For real-time inference, we also have the Altos R480 F4 servers to host 16 NVIDIA Tesla P4 GPUs. Both Altos R880 F4 and R480 F4 are exceptional products for deep learning training and inference.”
The Altos R880 and R480 F4 processors deliver exceptional workload-optimized performance and hardware-enhanced security. Designed for trusted data service delivery, the processors are fueled by significant leaps in I/O, memory, storage and network technologies. Acer will demonstrate both the R880 F4 and the R480 F4, as well as successful AI applications in deep learning at GTC Taiwan 2018.
