Tuesday, December 3, 2019

India's Most Promising IoT Startups Receive IoTNext 2019 Awards



The fifth edition of IoTNext conference was held in Bengaluru on December 2, 2019. The event was organised by the think-tank IoT Forum, a partnership between TiE Bangalore and IESA (India Electronics and Semiconductor Association). Overe 500 delegates, 25 exhibitors and over 50 startups participated in the event.

Awards were given to the most promising IoT startups by sector from agritech, healthcare, industrial IoT, emerging tech and scaled-up startup sectors.

IoTNext 2019 Award Winners include:

Most Promising Start-ups

* AGRITECH - Farmagain Agro Private Limited
* EMERGING TECH – Aerologiks
* HEALTHCARE - Dipitr Technologies Pvt Ltd
* INDUSTRIAL IOT - Occipital Labs Pvt Ltd
* SCALED-UP STARTUP BUSINESS - Smarter Homes Technologies Pvt Ltd


Speaking at the summit, Vice Chairman of IESA, Dr. Satya Gupta said, “We at IESA are happy to co-host the IoTNext Summit that pulls together multiple Intelligent Electronics technologies & organizations focused on impacting critical business verticals in a pervasive way. IESA is also elated to partner with STPI on the IoT OpenLab initiative, which will contribute significantly to India's $1 Trillion digital economy goal and make the country a global product innovation hub”

"We have consistently picked and recognized quality startups at IoTNext over the last four years. This provides the startups with a much-needed slingshot in their journey towards success. Award winners from previous years joined in a fireside chat to share about how they were helped on the journey by engaging the ecosystem with IoTForum," adds Gupta.

Speaking at the IoTNext summit, President of TiE Bangalore, Ravi Gururaj said, “IoT now permeates every aspect of society - home, travel, work, entertainment/play, retail and everywhere else. It covers a whole range of industries and professions.”

"IoTMatrix is a new word we are coining to cover the emerging connected, ambient, intelligent phygital (i.e.., physical+digital) world. IoT is making the Physical or the Real-World Digital. Virtual Reality (VR) and Augmented Reality (AR) are making the Digital world accessible to us in the real world, both creating a confluence, or an ‘Enchanted Reality’ " says Arvind Tiwary on IoT Matrix.

India now has around 1,500 IoT startups, according to the IoT Forum IoT Startup Directory 2019, released at the conference. The breakdown of startup locations across Indian cities is Bengaluru (720), NCR (180), Mumbai (94), Pune (91), Hyderabad (82), and Chennai (64), with dozens of other startups cropping up in Coimbatore, Kochi, Kolkata and other cities.

Nutanix Again Named a Leader in Gartner Magic Quadrant for Hyperconverged Infrastructure


Nutanix, a leader in enterprise cloud computing, has announced it has been named a Leader by Gartner, Inc. in the November 2019 Magic Quadrant for Hyperconverged Infrastructure. Nutanix has been recognized in all editions of this Magic Quadrant since Gartner started it.

“We continue to be recognized by Gartner as a Leader in hyperconverged infrastructure again and again, and we believe it is because of our relentless focus on pioneering innovative technology and customer success,” said Dheeraj Pandey, Chairman, Founder and CEO at Nutanix.

“Our goal is to make IT and cloud infrastructure so simple that it fuels innovation and business growth. Nutanix provides flexibility, not only via our products and solutions, but also from the freedom to choose the best HCI consumption model for the business, including software subscription licenses that are portable across hardware platforms and cloud environments.”

Nutanix was also designated as a March 2019 Gartner Peer Insights Customers’ Choice vendor for hyperconverged infrastructure. Based on detailed feedback from 264 customer ratings, Nutanix has an average rating of 4.7 out of 5. Additionally, 92% of respondents identified as willing to recommend Nutanix.

Nutanix customers said: “In order to build for the future, you MUST implement the Nutanix Enterprise Cloud Platform.” — Vice President Infrastructure Services in the Services Industry

“Great product, most importantly, great support.” — IT Manager in the Government Industry

Nutanix believes that enterprises continue to choose its products over competitors for its simplicity and flexibility, as well as the company’s exceptional customer service. Specifically:

Simplicity: Nutanix’s products allow enterprises to deliver all applications, at any scale, with simple one-click deployment, upgrades, scaling, troubleshooting and more.
Choice: By offering customers flexible licensing and consumption models, as well as the ability to choose among many hardware and virtualization vendors, Nutanix provides customers the flexibility needed to grow, scale and achieve their business goals.
Customer Focus: Nutanix’s obsession on ensuring the success of its customers has resulted in the company achieving an average Net Promoter Score (NPS) of 90 for the past five years.
This news comes on the heels of impressive momentum Nutanix has seen over the last year, including surpassing 14,000 customers globally and $1.2 billion in revenue for its latest fiscal year. Additionally, the company announced deepened collaborations with Hewlett Packard Enterprise and ServiceNow that enable increased choice for customers seeking hybrid cloud solutions that fit their unique needs.

Genesis DevCon Mobilises Over 850 Aspiring Blockchain Developers from Across India with its First Edition


The inaugural edition of India’s largest confluence of Blockchain developers, leaders, evangelists, and students - Genesis DevCon, 2019, concluded its two-day event in IISc, Bangalore with a footfall of over 850+ participants and 45+ speakers. The conference commemorated the concluding chapter of the Genesis developer program, which included a six-month-long hackathon with an objective to address the need to develop a rich pool of quality blockchain developer community in India.

The two-day conference included 20 tech talks, five-panel discussions and multiple workshops with eminent leaders in the emerging technology space. The speaker panel at Genesis DevCon covered a wide range of topics where blockchain technology is set to change the world as we know it: implication and adoption of blockchain in Artificial Intelligence (AI) and the Internet of Things (IoT), blockchain technology in the start-up ecosystem, FinTech and Supply Chain.

Some of the subject matter experts who shared their insights into the applications of blockchain technology were: Yanislav Malahov - Founder of the Aeternity Blockchain, (also known as the Godfather of Ethereum); Dilip Krishnaswamy - VP - New Technology Initiatives, Reliance Jio Infocomm Ltd; Avinash Pitti - CTO, Nucleus Vision; Sanjeev Narsipur - Managing Director-Blockchain, Accenture; Satya Lokam -  Senior Researcher, Microsoft Research Lab.

Speaking on the success of the DevCon, Mr. Raghu Mohan, Co-founder, and CEO of IBC Media said, “The Genesis DevCon is truly the genesis of our efforts to create a cohesive blockchain ecosystem in India. It is great to learn and understand the ways Blockchain can redefine how we interact and do business and can enhance business outcomes. We truly believe this can be a powerful platform to bring synergy in the ways in which blockchain is adopted in India. We are thankful to all our sponsors and partners for helping us put together the brilliant two days of pure learning.”

The conference also saw the launch of the Global Starfleet Accelerator program by Aeternity Ventures for early-stage blockchain companies in India, opening more opportunities to the blockchain developer community in India, second only to the USA, in the world. Companies who complete the program qualify for a chance at a receiving direct investment from AE Ventures.

Nucleus Vision, an IoT & Blockchain technology-focused company in the retail industry, also launched their GIDC (Global Identity and Consent) blockchain network for consent-based data access management that allows users to control access to their data at the Genesis DevCon, 2019.

Skill India Organises Divya Kaushal Rozgar Mela at Dwarka, New Delhi for Persons with Disabilities


Several specially-abled people participated on day one of Divya Kaushal Rozgar Mela held at Bhaskaracharya College of Applied Sciences, Dwarka, New Delhi. Organized by National Skill Development Corporation (NSDC) in collaboration with Inclusive Divyangjan Entrepreneur Association (IDEA), the two-day National Job Fair & Ability Expo is providing a platform to the aspiring persons with disabilities (PWDs) to interact with potential employers and learn more about employment and entrepreneurship opportunities.

The event is an important step towards inclusive growth and development of Persons with Disabilities (PWDs), or divyangjans, in society, as it provides them with opportunities for entrepreneurship and employment. The skilled Divyangjans would get access to the job in the industry of their interest and explore relevant employment opportunities. The event has been supported by leading associations like Skill Council for Persons with Disability (SCPWD), National Human Rights Commission India (NHRC), Saksham, Bhartiya Vikas Sansthan and more.

NSDC has been working towards creating an inclusive society for Persons with Disabilities (PWDs) and through its various schemes and programs, it aims to enhance their skills and empower them for better livelihood. DivyaKaushal is a key step in the direction of creating adequate avenues for effective implementation of the skill development program by establishing more and more industry linkages.

NSDC has established a dedicated Sector Skill Council for Persons with Disabilities to ensure seamless planning and implementation of skill development for PwDs with the commitment of Ministry of Skill Development and Entrepreneurship (MSDE). The Rozgar Mela is a suitable platform to enhance their scope of employability to ensure a world that is inclusive, equitable and sustainable for everyone. Besides offering the specially-abled a chance to explore new avenues, the two-day Rozgar Mela will allow organizations to meet potential employees. Close to 50 leading companies including Wipro, Zomato, Swiggy, Accenture, Aditya Birla Insurance, LIC, JLL have participated in the event today. Additionally, the expo witnessed participation from physically disabled entrepreneurs like Kunal Chhikara, Founder, Farmer’s Pride.

The Ability Expo had an Entrepreneurship Pavilion led by National Handicapped Finance and Development Corporation (NHFDC) that included loan fair, franchisee opportunities, mentorship, Divyangjan entrepreneurship fair and an opportunity for established brands to showcase their work. The loan fair witnessed participation from leading banks like HDFC and SBI amongst others offering loans to divyangjans. The Kaushal Haat pavilion provided opportunities for counselling and skill training for different disability categories. Several case studies of Divyangjan enterprises such as Microsign Industries, corporates provided franchise of their business and outsourcing opportunity for Divyangjan. Seminar and workshops on economic empowerment of Divyangjan were also organised to inspire the youth and industry.

Notable Divyangjan Skill Experts from different fields were felicitated as Kaushalacharyas. Divya Kaushalachrya Awards was given to Mr. George Abraham, Founding Chairman, World Blind Cricket Council (WBCC) and Mr. Padam Passi, CEO, All India Cricket Association of Deaf. Divya Guru Awards were given to Dr. K. Sukumar, National Organizing Secretary, Saksham; Lt. Gen. S. M. Mehta, CEO, The Hans Foundation and Dr. Yogesh Dube, Chairman of Bhartiya Vikas Sansthan.

According to census 2011, there are 26.8 million Persons with Disabilities in India, which constitutes 2.21% of our population. These include Persons with Hearing Disability, Locomotor Disability, Visual Disability, Speech Disability, Intellectual Disability, Mental Illness, Multiple Disabilities and other unspecified categories of Disabilities. India is a signatory to the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD) which came into the effect from May 2018. The Government of India has enacted the RPwD act which came into force from 19.04.2017 and is aligned with the spirit of the UNCRDP.

Tenable Acquires Operational Technology Security Leader Indegy for IT and OT Security

Tenable, Inc., the Cyber Exposure company, has announced that it has acquired Indegy Ltd., a leader in industrial cybersecurity which provides visibility, security and control across operational technology (OT) environments.

"For every company in every industry, OT is now part of the modern attack surface. CISOs are being asked to secure OT systems alongside IT, but lack the necessary visibility and technology to manage and measure OT cyber risk in the same way as IT risk," said Amit Yoran, chairman and CEO, Tenable. "The combination of Tenable and Indegy brings together two pioneers of IT vulnerability management and industrial cybersecurity to deliver the industry's first unified, risk-based view of IT and OT security. This is a game changer that will help transform how security and the C-suite make strategic decisions around OT risk. This acquisition is a critical milestone in delivering on our Cyber Exposure strategy to help organizations understand and reduce cyber risk across the entire modern attack surface. Indegy extends our depth of OT expertise and intelligence, and our breadth of OT-specific capabilities from vulnerability management to asset inventory, configuration management and threat detection. We look forward to working with the Indegy team to help the industry usher in the next wave of IT/OT convergence."

"When we started Indegy we set out on a mission to protect industrial networks through a mix of cybersecurity expertise and hands-on OT experience, developing products which solve the hardest industrial cybersecurity challenges," said Barak Perelman, co-founder and CEO, Indegy. "We are excited to accelerate this mission by joining Tenable, a visionary IT cybersecurity leader with a trusted brand and proven track record of product innovation. We look forward to working with the Tenable team and bringing OT cyber capabilities to its broad customer base."

OT Cybersecurity Risk is a Critical Business Risk
In the digital era, OT cybersecurity risk is a critical business risk. Not only is the frequency of OT attacks increasing but the impact of an OT security event can have a material effect on business operations spanning beyond information leakage to equipment damage, safety concerns for employees, or a major environmental incident. A recent survey by the Ponemon Institute and Siemens found that the majority of respondents viewed cyber threats to be a greater risk to OT environments than to IT. Modern OT environments increasingly interconnect with IT as companies consolidate their operational data to optimize costs and accelerate innovation. The result is a complex, sensitive and vastly expanded attack surface for Chief Information Security Officers (CISO) to manage, often without visibility into OT environments.

Tenable and Indegy deliver the following capabilities within a single platform:
Risk-based measurement: Score, trend and benchmark IT and OT together in Tenable Lumin, the company's advanced visualization, analytics and measurement solution for cyber exposure. Organizations can apply a dedicated approach to IT and OT through asset-relevant policies, metrics and KPIs, while leveraging the power of Tenable Lumin to measure IT and OT risk together for more comprehensive decision-making.

Unified view of IT and OT vulnerabilities: View and manage OT security issues alongside IT vulnerabilities, from assessment through closed-loop remediation verification. OT vulnerabilities now leverage the power of Tenable Predictive Prioritization, which applies data science to prioritize OT issues for remediation based on the vulnerability and its likelihood of exploitability.

Depth of intelligence into OT environments: Indegy brings a deep understanding of the complete OT device, including components from multiple vendors and how they relate to each other, for more accurate and comprehensive management.
 IT and OT vulnerability assessment: Through its deep OT device intelligence, Indegy pioneered and patented a safe and non-intrusive way to bring active analysis to OT devices alongside passive monitoring. Indegy's assessment approach, alongside Tenable's combination of agent-based scanning, active analysis and passive monitoring, create the industry's most accurate and comprehensive vulnerability data set.

OT-specific process management: Security and plant operations teams both benefit from Indegy's powerful OT asset inventory, configuration management and threat detection capabilities, in addition to its vulnerability management

The Indegy Industrial Cybersecurity Suite integration with Tenable.sc, for on-prem vulnerability management, is available today. The Indegy integration with Tenable.io, for cloud-based vulnerability management, and Tenable Lumin will be available in the first half of 2020.

Trend Micro Leads the Industry in Hybrid Cloud Security Market Share


Trend Micro Incorporated, a global leader in cybersecurity solutions, today announced it has been named by IDC as the #1 vendor in Software-Defined Compute (SDC) workload protection, according to the analyst firm’s new independent report: Worldwide Software Defined Compute Workload Security Market Shares, 2018 (DOC #US45638919, NOVEMBER 2019).

The report revealed Trend Micro achieved a market share lead of 35.5 percent, almost triple its nearest competitor in 2018.

“We predicted a decade ago that organizations would need multi-layered security to protect their cloud environments and software-defined data centers,” said Steve Quane, executive vice president, Network Defense and Hybrid Cloud Security at Trend Micro. “We’re glad to see our foresight and innovation being recognized by so many customers and to be ranked a #1 vendor for 2018 market share by IDC.”

The firm defines SDC in the report as, “SDC technologies are often used in the context of public or private clouds, but can also be implemented in non-cloud environments—particularly virtualized and/or containerized environments. These products accomplish their goals by ensuring the system does not run malicious software that can compromise business applications and data on the servers.”

“For years, Trend Micro has steadily built out its SDC workload protection capabilities for virtual, public cloud and container environments, offering tight integration with AWS, Azure and Google Cloud Platform,” said Frank Dickson, program vice president, security and trust at IDC. “Although, the future has not been written, Trend Micro is the dominant player in this market.”

Over this time, real-time security has been embedded into running applications and Trend Micro has focused on automation and security-as-code to seamlessly build protection into DevOps pipelines, including pre-runtime scanning of container images.

This innovation continued with the August release of XDR, which correlates data across email, network, endpoint, server and cloud workloads to identify malicious activity which might otherwise go unnoticed.

Trend Micro further built on these capabilities with the acquisition of security posture management leader Cloud Conformity in October. This month, Trend Micro launched a cloud security services program, Trend Micro Cloud One, to address customers’ security challenges around data center, IaaS, containers, storage and serverless architectures

Monday, December 2, 2019

Elearnmarkets.com & StockEdge in Association with Motilal Oswal Organized a Workshop on Modified Technical Analysis


Elearnmarkets.com & StockEdge in association with Motilal Oswal Financial Services organized a Workshop on ‘Modified Technical Analysis - Bridge Between Theory and Practice ' at The Chancery Hotel- Bangalore. The workshop was conducted by renowned Market Stalwart Mr. Chetan Panchamia & Mr. Chandan Taparia, Motilal Oswal’ s Market Expert .The Workshop was focused on practical chart reading with live examples.The program was designed to help participants to identify common mistakes while reading a chart, Identify False breakouts and profit from them, and learn hidden chart reading.

Speaking at the workshop Mr. Chetan Panchamia , Market Stalwart said, “Markets mirror life with its up and down , the person with discipline to follow his strategy with his belief and edge will be the winner , the battle to succeed comes with thinking inside out .The buyer has to think from a seller perspective and seller from a buyers perspective.The workshop is a small attempt to take to this side of understanding mastering the art of thinking with a different perspective.”

Commenting on the workshop Mr. Chandan Taparia, Markets Expert, Motilal Oswal Financial Services said, “We have seen strong momentum in the Indian market in last 3 months and US markets also trading at their life time high zones. FIIs turned to net buyers and many heavyweight good quality stocks are bucking the trend.

We believe that that Indian market is all set for a fresh Bull run and its again a good opportunity for Investor and traders to get the benefit of such market momentum. We have seen good participation in Derivatives segment as well and Option activities are at their life time high zones. Investor should go for top - down approach and can select good quality stocks which are having relative strength to their sectors.

Selective Private Bank, PSU Banks, Pharma, Financial can deliver good return even in short to medium term but right selection process has to be adopted with the support of market experts.

Taparia added, “Best opportunity to invest in the market was couple of years back and second best opportunity is right now so one should participate in the journey of 5 trillion dollar economy over the next one decade. Indian Equity market has long way to go and right process and investment has made good wealth to the investor.”

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