Indian Chambers of Commerce (ICC) along with IP500 Alliance hosted the “IP500 Protocol Summit” in Bengaluru to explore the usage of IP 500 methodology to enhance the IoT based building automation management and smart city applications. The event was inaugurated by Tapan Chattopadhyay on behalf of Dr. Rajeev Singh, Director General of ICC, followed by a welcome speech by Helmut Adamski, Chairman, IP500 Alliance. The event saw the presence of some notable names of the industry including officials from Indian SmartCity Missions, Honeywell, Microsens, Wipro, Bosch, Bajaj Electronics Ltd. and many more. Representatives from Govt. bodies, research institutes, OEMs also attended the one-day event.
“Over the past few years, building automation and controls market has been expanding at a significant rate. With the government itself coming up with the concept of smart cities, the new generation of India is driving the next wave of technological innovations. As the world’s fastest growing economy, we are in dire need of a standard solution. IP500 technology is a wireless network platform that simplifies the servicing and maintenance of smart buildings, commercial places as well as smart cities,” said Tapan Chattopadhyay.
“The market opportunity in India is endless at this moment. We joined hands with ICC for this event to highlight the potential of IP500 technology. With a diverse scope for application in different sectors, we aim to make as technologically advanced as any other high-tech cities in the world. We are looking to collaborate with the major players to address together the challenges in smart cities, commercial buildings and Indian railways and airports,” commented Helmut Adamski, Chairman, IP500 Protocol, while addressing the audience.
“We couldn’t think of a better venue than Bengaluru as it is the Silicon Valley of India. The city is also home to the major influencers of the building automation market,” he added further.
"Keeping in line with IP500 alliance's commitment to the Indian market, the India Chapter is working closely with the industry to create a sustainable ecosystem of manufacturers, systems integrators and customers. We will provide compete support to all the stakeholders to ensure easy and seamless adaptation of the products on this wireless platform" said Gulshan Aghi, President, IP500 India Chapter.
The Indian building automation market is expected to grow at a CAGR of over 12.5% until the year 2023. The government and private bodies are transforming cities, based on a smart information layer backed by IoT as well as sensors. India is ready for the next step, with making more technology-enabled choices.
eScan, one of the leading Total security solution developers, turned 25 this year. To commemorate this milestone event, eScan hosted 'Mega Event' for its PAN India partners in association with KK software Pvt Ltd. They also introduced eScan Anti-Virus Total Protection with 10 Users for the SOHO section. The event was held at Raddison Blu Hotel, New Delhi which witnessed around 100 partners from all over India.
During the event, eScan showcased and educated the partners about its latest products and new solutions for IT security. They also announced beneficial channel schemes that will benefit eScan's privileged channel partners with good value proposition and profits. Further, channel partners were given awards and recognition to motivate and keep the partners committed to build, develop and sustain long-term and healthy relationships with us.
eScan launched a special offer for the partners in association with KK Software Pvt. Ltd. The offer includes various trips to Switzerland, Pattaya and Goa to be claimed by the partners on purchase of certain number of eScan Anti-Virus with Total Protection and eScan Internet Security Suite box products. eScan values its relationship with the channel partners and with this scheme, rewards their commitment for their contribution to make the company reach the end users.
"On behalf of the entire eScan team, we would like to sincerely thank everyone who helped us reach this milestone. The last 25 years have been filled with challenges, hard work, dedication, innovation and lot of success. All these years as industry leaders, we have always pushed our limits by reinventing and consistently delivering the best of class security solutions. We promise to continue this momentum to stay ahead in the game so that our partners as well as our customers can get the best that the industry has to offer," said Mr Sunil Kripalani, Senior Vice President, Global Sales and Marketing, eScan.
RK Balu, General Manager, eScan, "eScan today boasts of worldwide reach for its solid R&D and customization abilities. Our channel partners play a very significant role in the many milestones we have achieved in the last 25 years. We believe that with the new IT security solutions that have we launched, it will help us immensely to get into a much bigger growth in the coming years."
eScan Anti-Virus Total Protection, designed for home and small office users, is a comprehensive Anti-Virus and Content Security Solution that provides complete protection to your computers against malicious content and security threats, such as Ransomware, Spyware, Adware, Keyloggers, Rootkits, Botnets, Phishing and more. eScan's range of security solutions are certified by Global testing bodies like AV Test, AV Comparatives' Real World Test & Real Protection Test and VB 100 Test and many others.
Hinduja Global Solutions (HGS) (listed on NSE and BSE in India), a global leader in business process management, today announced it is opening its first customer experience center in Florida. The center, located in Jacksonville, FL, will bring more than 350 new career opportunities in the first phase of expansion, starting in September, with a total of 500 new job opportunities over time. This expansion is due to continued growth of the company’s domestic business, driven by a combination of providing additional services to existing clients and recent new business wins.
HGS is aggressively growing onshore across industries; growing its North American employee base by more than 40% in the last 12 months. This rapid growth has resulted from both the acquisition of new clients and the expansion of contact volume and lines of business across HGS’s existing customer base – a direct result of HGS’s consistent operational excellence.
“Jacksonville is a vibrant, growing community with an educated and skilled workforce that can add value for our business and our clients,” said Tim Schuh, HGS President, North America. “We are excited to bring economic growth and job opportunities to the region and look forward to welcoming highly talented customer service people to the HGS team.”
The new center will be located at 6680 Southpoint Pky, Jacksonville, FL and will officially open its doors in late November. HGS will start recruiting inbound customer service associates for the new center in September. These positions are ideal for applicants who enjoy problem solving and helping people within a supportive learning environment.
HGS provides professional training, is committed to career path development and commonly promotes from within. HGS also offers health benefits, 401K matching, loyalty programs, celebration awards, and incentive opportunities. Join our team to find out why so many of our leaders have been with HGS for more than 10 years. To learn more and apply for a position, visit: careers.teamhgs.com.
For 40 years, HGS has been providing an intelligent solution approach to meet clients at their stage in the transformation journey. From traditional voice contact center services and web self-service, chat, text, and social customer service to back-office support and robotic process automation, HGS provides a best-in-class experience to help customers drive profitable engagements across a variety of vertical segments including healthcare, financial services, media, and telecommunications.
Inditrade (erstwhile JRG) (BSE: 532745), a leading player in the agri-commodity financing and micro finance business, today launched its Micro Finance operations in the southern state of Karnataka (through its wholly-owned subsidiary Inditrade Microfinance Ltd.).
The announcement was made by Sudip Bandyopadhyay, Group Chairman of Inditrade (JRG) Group of Companies.
“We strongly believe that Karnataka has enormous potential for growth of small women entrepreneurs with its focus on industrialization, which requires ancillary and peripheral services. As a focused micro finance player, we are well equipped to provide service in an effective and efficient manner in Karnataka” said Bandyopadhyay.
Inditrade Microfinance has started operations in Karnataka with its first branch in Bellary district. It plans to open another 14 branches by the end of this year in two more districts.
Karnataka tops the list of states disbursing micro finance with INR 7,903 crore in fiscal 2018 as per the Inclusix 2018 by Crisil. Karnataka was also the top state in terms of loan amount disbursed at INR 2,219 crore in Q1 FY 2018-19 as per the MFIN Micrometer.
Supporting the vision of the Government on Digital India, the company has also launched a completely digitized process. Elaborating further on this, Mr. Bandyopadhyay said, “Easy and quick access are the cornerstones for the success of any micro finance initiative. With the country already moving towards becoming a digitized economy, we plan to leverage technology in fulfilling our aim of reaching our customers and catering to their requirement for finance in the most effective & convenient manner.”
This is the first time in the industry that a completely digitized loan disbursement and collection process will be implemented including client prospecting, eKYC, tracking GPS locations, credit check, decision to disburse loan, money transfer to bank accounts.
Bandyopadhyay further pointed out that the demand for credit in the unorganized sector in the country is higher compared to the supply. The company plans to create a loan book of approximately INR 500 crore by the end of the current fiscal with approximately INR 80 crore coming from Karnataka.
Business Highlights as on August 31, 2018
* INR 164 crore disbursed
* Over 50,000 registered customers
* Presence in five states – Maharashtra, Tamil Nadu, Kerala, Karnataka and Odisha
Persistent Systems has announced the acquisition of Herald Health, a start-up created to transform the data overload swamping healthcare professionals into clear and actionable insights. Born out of a hackathon sponsored by the Digital Innovation Hub (iHub) at Brigham and Women’s Hospital in 2015, Herald Health has developed a nationally recognized product bringing intelligent workflows and care delivery processes needed for digital transformation in healthcare. Herald Health has earned multiple awards for its innovative design, including 1st place in the Department of Health and Human Services Provider User-Experience Challenge.
Rahul Patel, GM Healthcare Solutions at Persistent Systems, “This acquisition further strengthens our IP portfolio in healthcare that includes our co-innovation work with leading university health systems and research organizations, as well as solutions that we’ve built jointly with our partner ecosystem. This kind of innovation by Herald Health is driving change in healthcare. It’s not enough just to collect data, you have to give providers user-friendly tools and actionable insights in real time. Herald Health has proven that when you do this in even one hospital, hundreds of doctors and thousands of patients can benefit.”
Brad Diephuis, MD, Co-founder Herald Health, “When I began my clinical training, I was both impressed at how much data modern medicine can generate on patients and shocked at how few tools physicians were given to effectively process all of that data. At Herald, we're continually discovering how pervasive this problem is – not just for doctors, but for care coordinators, operations personnel, and hospital leadership - and building innovative solutions to make use of data in real time on the frontlines. With Persistent’s resources and technical expertise, we're looking forward to scaling these solutions to more hospitals and patients.”
Adam Landman, MD, CIO Brigham and Women’s Hospital, “There is an immense opportunity to dramatically improve our patients’ and providers experiences by leveraging digital health technologies. The Brigham Digital Innovation Hub is thrilled to be able to support early-stage ideas, like Herald Health, that have the potential to positively impact patient care not only at our own hospital, but across the country and around the world.”
The transaction takes place through the company’s US subsidiary Persistent Systems, Inc.
CleverTap, the cutting-edge mobile marketing automation solution provider, today announced that Dream11, India’s biggest sports gaming platform, is extensively using its comprehensive data-driven user engagement suite to further consolidate its position in the competitive fantasy sports market.
Ever since its inception in 2012, Dream11 has scaled rapidly to become the fantasy sports platform of choice for over 40 million users in India. Catering to a diverse target of sports fans with evolving sensibilities and sacrosanct loyalties, Dream11 aims to complement the entire sports consumption experience across both web and mobile channels. CleverTap’s AI/ML-powered platform is helping Dream11 craft personalized, contextual, and timely engagement campaigns to drive higher app monetization and retention.
To create personalized campaigns, Dream11 leverages CleverTap’s automated segmentation capability that uses RFM (recency, frequency and monetary) analysis to segment its user base into 10 distinct segments. With RFM, Dream11 is able to discover its champions, loyal users, and those that are at-risk or hibernating. By keeping track of user activity and their monetary values, they are able to run targeted campaigns to reduce at-risk and hibernating users over time while also running loyalty programs to keep their champions and loyal users coming back.
Using CleverTap Journeys, Dream11 can now visually build highly effective push notification campaigns based on specific historical and real-time in-app user actions or inactions. Dream11 is also leveraging the power of rich push notifications by embedding their “Dimaag Se Dhoni” campaign slogan as an accompanied sound in their notification. Not only does this help their notifications stand out, but also adds an interesting dimension to the entire user experience.
Rahul Mirchandani, VP of Customer Retention at Dream11 said, “We are fast changing the way a sports fan consumes sports by providing them a highly immersive second screen experience. Playing on Dream11 requires the application of both creative imagination and rational thinking. In such a scenario, converting infrequent users into repeat customers through effective and timely mobile marketing campaigns is of utmost importance.” He further elaborated, “CleverTap’s automated segmentation engine helps us harness user-level behavioral insights to craft engagement strategies that drive higher monetization and retention. Using their advanced marketing automation platform, we believe we can extensively tap into the sporting interests and loyalties of sports fans and provide a great product experience.”
Sunil Thomas, CEO of CleverTap said, “The rapid evolution of fantasy sports as an engagement and monetization opportunity has been remarkable. Dream11’s rise in terms of scale as the go-to fantasy sports platform in India has been noteworthy.” He further elaborated, “Our advanced automated segmentation engine helps Dream11 identify different user segments that need to be engaged with across devices through personalized and contextual notifications. Also, these have to be delivered at the right time to maximize chances of users coming back to the platform to strategically make their teams. We are thrilled to be powering the growth of India’s largest and most loved fantasy sports platform and are excited to see what lies in store next.”
State Bank of India Managing Director (Retail and Digital Banking) Parveen Kumar Gupta today handed over a cheque of Rs.8 Crore to E P Jayarajan, Minister in-charge of Chief Minister’s Distress Relief Fund (CMDRF). This includes Rs.5 crore raised by the employees of State Bank of India (SBI) collectively and a further contribution of Rs.3 crores by the Bank, to make the total contribution amount to Rs. 10 crore in the Chief Minister’s Distress Relief Fund (CMDRF), including the initial contribution of Rs 2 crore to CMDRF.
On handing over the cheque to E. P. Jayarajan, Minister in-charge of CMDRF, P. K. Gupta, MD – Retail & Digital Banking, SBI said, “We are grateful to our employees for their overwhelming response and appreciate their contribution for coming forward in large numbers to help the citizens of Kerala in restoring their lives. The bank stands by the people of the state in this critical situation.”
The Bank has 1245 branches and 3243 ATMs in the state. Over 15000 employees of the Bank across the state voluntarily undertook on-the-ground relief measures by providing basic supplies like food & grain, medicines, drinking water, clothes, to the distressed citizens of the state. The Bank managed to normalize services for its customers by making all Branches and most of the ATMs operational immediately. To meet immediate cash requirements of the flood affected people, over 2800 Cash@POS machines were also deployed by the Bank.
SBI also announced special term loan for repair and renovation of homes destroyed by the flood to help the home loan borrowers of the bank to restore their lives. With zero processing fees, the loan will be offered to the applicants at 1year MCLR rate of 8.45% per annum.
The bank has also announced waiver of various charges and fee on banking transactions in Kerala state for a period of time on the following:
1. No processing fee for any loan relating to flood relief measure.
2. No charges for issuing duplicate passbook, ATM card, Cheque books
3. No late payment fee on EMI
4. Waiver of all charges on remittance to CMDRF (including NEFT / RTGS remittance from other banks)
5. No charges on non-maintenance of minimum balance from proceeds of relief fund provided by Govt. and agencies to be put on hold. If any such charge is recovered, the same would be refunded.
Apart from the above, bank has also taken below relief measures to support the flood affected people:
1. Xpress Credit to the existing account holders with relaxed norms (for one month’s consumption)
2. Individuals who have displaced and lost personal documents can open small accounts with only photograph and signature / thumb impression.
3. The Bank has opened a dedicated “Help Line” desk at its Local Head Office to assist clarify queries by flood affected customers.
4. The Bank has already taken necessary steps for implementation of SLBC directives for providing various reliefs by restructuring/rescheduling existing loans of flood affected customers under Agri, SME segments and also Housing Loans etc.
