Manufacturing Industry Looks to Outpace Hybrid Cloud Adoption

Nutanix, Inc., a leader in enterprise cloud computing, today announced the findings of its Enterprise Cloud Index results for the manufacturing sector, measuring manufacturing companies’ plans for adopting private, public and hybrid clouds. The report revealed that the manufacturing industry’s hybrid cloud usage and plans outpace the global average across industries. The deployment of hybrid clouds in manufacturing and production companies has currently reached 19% penetration, slightly ahead of the global average. Moreover, manufacturers plan to more than double their hybrid cloud deployments to 45% penetration in two years; outpacing the global average by 4 percent.

The manufacturing industry is at an “innovation impasse,” 1 meaning manufacturers have a desire to innovate and drive transformation, but legacy IT systems have the potential to constrain their ability to do so. The opportunity for manufacturers to embrace digitization efforts including “Industry 4.0” initiatives can break the impasse, but executives must focus on new opportunities to create value and not only prioritize traditional business operations. Manufacturing organizations face the constant challenge of trade-offs: they are under pressure to meet current productivity and operational goals in an increasingly global and highly competitive marketplace, but they also need to invest in future growth.

This challenge has created a demand for new technology solutions that can help balance the trade-off between current and future goals. IT leaders in manufacturing must avoid the beaten path of finding short-term fixes for increasing revenue; instead, they should look to long-term solutions that enable automation, enhanced use of data and improvements in customer experience. The Enterprise Cloud Index findings indicate that manufacturing leaders are aggressively adopting new technology to embrace modernization instead of getting left behind with legacy systems. The distributed cloud model offers a solution that delivers speed, flexibility, and localization, allowing manufacturers to improve efficiency without compromising quality.

While 91% of survey respondents reported hybrid cloud as the ideal IT model, today’s global average hybrid cloud penetration level is at 18.5% — the disparity due in part to challenges of transitioning to the hybrid cloud model. Manufacturing industries reported barriers to adopting hybrid cloud that mirrored global roadblocks, including limitations in application mobility, data security/compliance, performance, management and a shortage of IT talent. Compared to other industries, manufacturers reported greater IT talent deficits in AI/ML, hybrid cloud, blockchain, and edge computing/IoT.

Other key findings of the report include:

43% of manufacturers surveyed are currently using a traditional data center as their primary IT infrastructure, slightly outpacing the global average of 41%
However, manufacturers currently use a single public cloud service more often than any other industry. 20% of manufacturing companies reported using a single cloud service, compared to the global average of 12% — a testament to the fact that manufacturers are starting to turn to the cloud as a solution, given that they deal with legacy IT systems and cannot handle workloads on-prem.

Manufacturers are also advancing the movement to private cloud: 56% of manufacturers surveyed said that they run enterprise applications in a private cloud, outpacing the global average by 7%.

Manufacturers are struggling to control cloud spend. One motivation for deploying hybrid clouds is enterprises’ need to gain control over their IT spend. Organizations that use public cloud spend 26% of their annual IT budget on public cloud, with this percentage predicted to increase to 35% in two years’ time. Most notable, however, is that more than a third (36%) of organizations using public clouds said their spending has exceeded their budgets.

Manufacturers chose security and compliance slightly more often than companies in other industries as the top factor in deciding where to run workloads: while 31% of respondents across all industries and geographies named security and compliance as the number one decision criterion, 34% of manufacturing organizations chose security and compliance as the top factor.

The bullish outlook for hybrid cloud adoption globally and across industries is reflective of an IT landscape growing increasingly automated and flexible enough that enterprises have the choice to buy, build, or rent their IT infrastructure resources based on fast transforming application requirements.

“Manufacturers are investing in modernizing their IT stack, and adopting industry 4.0 solutions to keep up with ever-changing business demands in areas like production and supply chain management,” said Chris Kozup, SVP of Global Marketing at Nutanix. “A hybrid cloud infrastructure gives manufacturers a fresh approach to modernizing legacy applications and services, enabling manufacturing IT leaders to focus on their long-term investments in big data, IoT, and next-generation enterprise applications. While the manufacturing industry is still facing obstacles in transitioning to multi-cloud use, this study shows us that manufacturing organizations are ready to accelerate growth and take the lead in IT innovation in the future. Indian companies have already taken the lead in this respect and we are quite proud of our association with these visionary companies.”

Mr. Muthukrishnan G, GM-IT, Ramco Cements, commented “Technologies such as Automation, Cloud, IoT, AI and ML, are being used by manufacturers in production, supply chain management as well as in customer and employee experience management. Like most manufacturers, the traditional infrastructure at the core of our datacentre operations was too complex. We moved to Nutanix HCI to remove the complexity, silos and friction from our IT operations, and build a next-gen infrastructure, in our journey towards digital transformation and Cloud adoption.”

To create this report, Nutanix commissioned Vanson Bourne to survey more than 2,300 IT decision makers, including 337 worldwide manufacturing and production organizations, about where they are running their business applications today, where they plan to run them in the future, what their cloud challenges are and how their cloud initiatives stack up against other IT projects and priorities. The survey included respondents from multiple industries, business sizes and geographies in the Americas; Europe, the Middle East, Africa (EMEA); and Asia-Pacific and Japan (APJ) regions.

3i Infotech focuses its anti-money laundering solution 'AMLOCK' for the US market

3i Infotech Limited (BSE: 532628, NSE: 3IINFOTECH), a global Information Technology company, showcased its advanced Financial Crime Detection and Management Solution AMLOCK at the recently concluded ACAMS 7th Annual AML Risk Management Conference in New York. AMLOCK enables banks and financial institutions to proactively detect and manage potential money laundering activities. AMLOCK is an established global anti-money laundering (AML) Solution with over 100 installations across 35 countries.

AMLOCK is a purpose-built, end-to-end solution designed to stem the flow of illicit funds and meet the compliance requirements of increasing regulatory oversight. It offers comprehensive tools to efficiently manage customer due diligence, enhance compliance processes and seamlessly identify, assess customer risk.

Speaking on their AML offerings, Krish Narayanaswami, Global Business Head – Banking, 3i Infotech said, “We are proud to feature AMLOCK, our globally acclaimed & end-to-end financial crime detection and management solution at the ACAMS conference marking our foray into the US market”. Ravikanth Sama, Global Head – AML Practice, 3i Infotech said “AMLOCK leverages the latest technologies, smart graphical analytics and uses AI/ML models. It enables banks, insurance companies, security firms, non-banking financial institutions (NBFIs) and mobile wallet users to easily identify & monitor suspicious activity at both the transaction & customer levels.”

The key features of the AMLOCK include Know Your Customer (KYC) / Sanctions Screening, Customer Risk Rating, Transaction Monitoring, False Positive Manager, Case Management and Reporting & Analytics. It supports both on-premise and cloud-based deployment models. The offerings of the AMLOCK Suite include AMLOCK FCDMS, Financial Crime Detection and Management Solution, which provides end-to-end financial crime management for large enterprises; AMLOCK Lite, which caters to AML requirement of small and medium institutions; and AMLOCK Analytics that brings the latest dimension of Analytics & AI to uncover hidden AML patterns / risks.

Tata Motors Celebrates 10,000 Customers for its Flagship SUV- Harrier, Launches Dual Tone Color Options

Tata Motors has announced that it has crossed 10,000 customers for its flagship SUV- Harrier since its launch in January 2019. As part of the celebrations, the company launched dual tone colour options on the Harrier.

The dual tone options will be available in two colours Calisto Copper and Orcus White on top-of-the-line XZ variant. The stunning black contrast roof will further enhance the appeal for Harrier, which is already appreciated for its unmistakable road presence. The Harrier range starts at 12.99 Lakhs and the dual tone options will be priced at 16.76 Lakhs ex-showroom Delhi

Commenting on the introduction of the dual tone options, Mr. Sibendra Barman – Vice President, Sales Marketing and Customer Support, Passenger Vehicle Business Unit (PVBU), Tata Motors said, “Harrier has made waves in the market ever since it was showcased in the Auto Expo 2018 as the H5X concept and subsequently launched in January 2019. Overwhelmed by the response received, we are extremely delighted to offer the Harrier in dual tone color options. This is in line with our continuous endeavor to excite and wow our customers with cars that deliver stunning design and exhilarating performance. With the launch of the dual-tone color options, we are confident that Harrier’s desirability will rise further to a whole new level.”

Harrier, built on the OMEGARC derived from Land Rover's legendary D8 platform, is the perfect combination of stunning design and performance. Powered by cutting-edge Kryotec 2.0 Diesel engine and Advanced Terrain Response Modes, Harrier assures an exhilarating performance on the toughest of terrains.

The Cubbon Park police, in a submission to the court, had argued that the accused Balambal was not a resident of Tamil Nadu and if given bail, might stop co-operating with the investigation. The police had expressed their doubts that she could abscond if granted bail.

Manipal Swindling Case: NBW Issued Against Chennai-Based Woman Brother-in-Law of Main Accused Proclaimed Absconder

In the high-profile INR 70-crore Manipal swindling case, a trial court in Bangalore has issued a non-bailable warrant against accused number seven, a Chennai-based woman Balambal, after denying her anticipatory bail. Meanwhile, the court has also issuing a proclamation order against the brother-in-law of the main accused Sandeep Gururaj, Karthik Pandurangi, as an absconder as he is in Dubai. The prosecution had argued for proclaiming Pandurangi as an absconder.

Balambal has been accused of laundering over INR 2.54 crore of the money that had been siphoned off from Manipal’s accounts by the main accused Gururaj, the former finance head of the city-based Manipal Group. Gururaj had acted in cahoots with his wife Charusmita, and their associa te Amrita Chengappa and Amrita’s mother Meera.

The prosecution had submitted before the court that just before their arrest on December 23, Gururaj, the kingpin and accused number one and his wife who is accused number two, met Balambal and her husband Suhail in Chennai at a resort. They are well-connected in the corridors of power and had tried to avoid her arrest by exerting influence from a certain officer from Tamil Nadu on the local police, it has been reliably learnt.

Balambal, an MBA-Finance, was accused of working in connivance with other accused in managing trading in the commodities market by trading in natural gas with Gururaj and two other accused. She had traded for INR 2.54 crores in the market and had earned a profit of INR 13 lakhs from the activities.

Balambal had earlier approached the Madras High Court for anticipatory bail. An interstate anticipatory bail was then granted for a period of four weeks. The investigation had found that part of the over INR 2.54 crore was found in the account of the Kotak Securities account of the petitioner. 

Dineout Says #FearNoBill ft. Jim Sarbh with Restaurant Payment Solution Feature - Dineout Pay

Dineout – India’s largest dining out and restaurant tech solutions company, today launched its integrated digital video campaign #FearNoBill to promote its in-app payments feature – Dineout Pay. The video stars the eccentrically talented Bollywood actor, from Made in Heaven fame – Jim Sarbh. The launch campaign follows brand’s mission statement to the existing and potential customers about Dineout’s great promise towards ease in paying bills.

The campaign ‘Fear No Bill’ revolves around the metaphor – ‘Bill’ which is brought to life by Jim.  The film showcases how the glorious and powerful days of bill are over and he is now disturbed by the various Dineout Pay cashbacks and deals available on the app. These cashbacks has now become a source of pain for the Bill, as diners are no longer afraid of him digging a hole in their pockets. The film lives and dies on how compellingly the cashback scenario has been brought out, making Jim’s character more relatable for the audience.

India’s largest Dining out platform, Dineout enables foodies to go on a gastronomic journey through its various features like restaurant discovery, table reservations, offers and cashback earnings using the payments feature of the app - Dineout Pay.

Commenting at the launch of the new digital campaign, Mr. Ankit Mehrotra, Co-founder and CEO, Dineout said, “At Dineout, we have always ensured that our services cater to the evolving needs of our customers. We are very excited and optimistic to embark this partnership with Jim Sarbh for our campaign #FearNoBill, which is built on sharp consumer insights and their relationship with the product. The film breaks the clutter and meaningfully engages with the audience highlighting our philosophy. Jim's on-screen presence, quirky charm and acting skills mean that he’s perfect for the role of Bill and adds spark to the character who we’re supposed to empathize with and yet fear at the same time. We are confident that our audience will love this advertisement and we will see a tremendous organic boost by this campaign”.

Speaking on this association with Dineout, Jim Sarbh said, “I am glad to be a part of Dineout’s digital campaign #FearNoBill and thoroughly enjoyed my time shooting with the team. I loved the concept and especially liked working with the Director and the DoP, real funny and clear guys.  I guess the bill can be pretty scary. It is cool to see how Dineout, through its endeavors, is tackling that issue.”

Conceptualized by Animal the campaign aims to create awareness around the brand’s strong connect with the customers who are looking for great deals and offers on their bill. Commenting on the same Sayantan Choudhury, Senior Partner - Animal said, "The #FearNoBill concept is a call-to-arms—and the brand's mission statement—to existing and potential customers about Dineout's greatest promise: every time you go out to eat, we take care of the bill. So we thought of this character of 'bill' - a devilish, slightly psychotic person who is ranting at what Dineout has done to him. Thankfully, the folks over at Dineout loved the idea and gave us all the creative freedom to work on it. And then, of course, Jim Sabh did the rest."

3i Infotech Features AMLOCK - Flagship Anti-Money Laundering Solution in New York

3i Infotech Limited, a global Information Technology company, showcased its advanced Financial Crime Detection and Management Solution AMLOCK at the recently concluded ACAMS 7th Annual AML Risk Management Conference in New York. AMLOCKTM enables banks and financial institutions to proactively detect and manage potential money laundering activities. AMLOCK™ is an established global anti-money laundering (AML) Solution with over 100 installations across 35 countries.

AMLOCKTM is a purpose-built, end-to-end solution designed to stem the flow of illicit funds and meet the compliance requirements of increasing regulatory oversight. It offers comprehensive tools to efficiently manage customer due diligence, enhance compliance processes and seamlessly identify, assess customer risk.

Speaking on their AML offerings, Krish Narayanaswami, Global Business Head – Banking, 3i Infotech said, “We are proud to feature AMLOCKTM, our globally acclaimed & end-to-end financial crime detection and management solution at the ACAMS conference marking our foray into the US market”. Ravikanth Sama, Global Head – AML Practice, 3i Infotech said “AMLOCKTM leverages the latest technologies, smart graphical analytics and uses AI/ML models. It enables banks, insurance companies, security firms, non-banking financial institutions (NBFIs) and mobile wallet users to easily identify & monitor suspicious activity at both the transaction & customer levels.”

The key features of the AMLOCKTM include Know Your Customer (KYC) / Sanctions Screening, Customer Risk Rating, Transaction Monitoring, False Positive Manager, Case Management and Reporting & Analytics. It supports both on-premise and cloud-based deployment models. The offerings of the AMLOCKTM Suite include AMLOCKTM FCDMS, Financial Crime Detection and Management Solution, which provides end-to-end financial crime management for large enterprises; AMLOCKTM Lite, which caters to AML requirement of small and medium institutions; and AMLOCKTM Analytics that brings the latest dimension of Analytics & AI to uncover hidden AML patterns / risks.

Latest Tech Trends Take Spotlight at India’s First Technology Radar Summit 2019

ThoughtWorks, a global software consultancy hosted India’s first chapter of the Technology Radar Summit 2019 in Bengaluru on 29 June. This Summit was on occasion of Vol. 20 of the Technology Radar’s global launch. The latest edition of the bi-annual report that provides nuanced advice around technologies, tools, techniques, platforms and languages highlights four themes - The Shifting Shape of Data, Terraforming an Ecosystem, Kotlin Klimbing and The Leaking Encapsulation Boundaries.

‘’What started off as an interesting experiment has now turned into a notable publication that receives a lot of client attention and interest from the global community of technologists,” said Martin Fowler, Chief Scientist at ThoughtWorks. ‘’The Radar is relevant to businesses facing disruptive competition who need to understand and apply the philosophy of Tech@core. Our Radar helps these progressive businesses be aware of developments in technology that support their role in enabling the success of their customers.’’

The Tech Radar Summit saw the enthusiastic participation of over 450 software developers, decision-makers and thought leaders from across India. The day was packed with interesting talks by thought leaders and breakout sessions spread across three tracks catering to the audience's varying tech interests. The Summit also featured an Experience Zone that mobilized Augmented Reality and Virtual Reality to design immersive gaming experiences for the assembled tech practitioners.

The exclusive talks curated for the event featured a keynote speech delivered by Chief Scientist at ThoughtWorks Martin Fowler, who is a co-author of the Manifesto for Agile Software Development. His talk delved into the decade long evolution of the Radar and its pertinence to technologists. Especially in the current digital-first market, where technologists are at the center of more business decisions than ever before.

Other opinion leaders who took the stage included, Padmanabhan Balasubramanian, MD at Goldman Sachs who discussed the advancement of financial and technical aspects of platform business for engineers. Sauvik Banerjjee, Technology Leader at Tata Group Digital shared his journey of becoming the CTO and Ranjan Sakalley, CTO at GoPay explored the seven building blocks of reliable systems. Dr.Vivek Raghavan, Chief Project Manager, UIDAI paired with ThoughtWorker Samir Seth on a talk that explored the ways AI can improve the quality of governance.

Commenting on the first edition of India’s Tech Radar Summit, Sudhir Tiwari, Managing Director at ThoughtWorks for India said, “Indian businesses are going through a massive transformation as they embrace the digital-first approach. Technologists are now playing a key role in the way business are shaped and remain competitive in the market. Tech strategists are re-orienting their skill set for a new digital landscape - where emerging tech, agile at scale and product thinking define businesses.”