Zee Business Takes The Crown: India's Premier Business News Channel In Dominating Victory

Zee Business has set a remarkable milestone by securing the position of India's No. 1 Business News Channel, as confirmed by the latest data released by the Broadcast Audience Research Council (BARC). What makes Zee Business stand out is its proficiency in presenting business news in a manner that resonates with the common man, translating intricate financial concepts into easily understandable language for all. This prestigious recognition reaffirms Zee Business's unparalleled dedication to its viewers and stakeholders.

In the 43rd week 43 2023- 21st to 27th October, Zee Business secured an impressive 58.7% viewership share in the socioeconomic market (HSM) among audiences aged 22 and above. This outstanding achievement positioned Zee Business as India's No. 1 Business News Channel, leaving its closest peers, CNBC Awaaz, far behind at 39.1%. CNBC-TV18 and ET Now trailed with 1.9% and 0.3% viewership, respectively. The above BARC data solidifies Zee Business's unmatched leadership in delivering top-quality financial news and analysis. 

Zee Business's success can be attributed to its flagship shows that have garnered substantial viewership, such as ‘First Trade’, ‘Final Trade’, ‘News Par Views’, ‘10 Ki Kamai’, Commodity Superfast, Aapki Khabar Aapka Fayda and India 360. These news shows have become trusted sources of information for millions of viewers, reinforcing Zee Business's reputation for providing credible financial insights and market updates. It has, in fact, consistently delivered high-quality, informative, and engaging content that resonates with a broad spectrum of viewers.

Emphasizing on this remarkable achievement, Anil Singhvi, Managing Editor, Zee Business said, “At Zee Business, we are truly honored and delighted by our achievement in securing the position of India's No. 1 Business News Channel. We have consistently strived to provide our viewers with the most accurate, insightful, and timely financial news and analysis and this achievement only strengthens our resolve to continue doing so. This recognition reaffirms our position as a trusted source for millions of viewers who turn to us for the latest and most credible information on business and financial matters.”

Madhu Soman, CBO of Zee Business and WION, further added “As we celebrate this significant milestone, we are also looking ahead to the future with a renewed sense of purpose. We remain committed to maintaining our position at the forefront of business news, innovating, evolving, and continuing to provide the highest quality content. Our commitment to excellence remains unwavering, and our dedication to our viewers remains our driving force. Thank you for your unwavering support, and we promise to continue serving you with the best in business news and analysis."

The channel extended its gratitude to its viewers, advertisers, and all stakeholders for their trust and support, and also reaffirmed its commitment to delivering excellence in business news.

Zee Media Corporation Ltd, one of India's leading media companies, has a strong presence in the news and regional genres, with 16 news channels in seven different languages, reaching more than 528+ million viewers through its linear and digital properties.

RR Kabel Limited Reports Strong Performance For Q2 & H1 FY24

RR Kabel (RRK), the leading consumer electrical player and 5th largest Wires and Cables (W&C) Company in India with over 7% market share (of the branded market) & strong presence in Fast Moving Electrical Goods (FMEG) has announced its Unaudited Financial Results for the quarter ended on September 30, 2023.

Operational Highlights Q2FY24

W&C

*  Revenue from the W&C segment registered ~24% growth in H1 FY24 compared to H1 FY23.

*  EBIT from the W&C segment doubled from Rs 126 cr to Rs 258 cr, demonstrating a remarkable growth of over 100%, on the back of margin expansion.

FMEG

*  Revenue from FMEG segment registered a growth of ~20% in H1 FY24 over H1 FY23 on the back of the product mix, and increase in contribution from HEB which was acquired last year in May’22

*  EBIT improved due to increase in the gross margin which is partly off set by indirect expenses

*  FMEG business segment continue to remain negative, due to higher fixed cost and lower capacity utilization RR Kabel Limited reports strong performance for Q2 & H1 FY24

Commenting on the Results, Mr. Shreegopal Kabra, MD said, - “ Throughout the past six months, RR Kabel has demonstrated a promising performance, marked by strong growth in our sales volume. This has been underpinned by the thriving real estate sector, robust infrastructure development, and a flourishing export market. It is equally essential to recognize that this success has been achieved through a steadfast commitment to deliver products of the highest quality while ensuring the utmost safety for our customers.”

About RR Kabel Limited

RRK is one of the leading companies in India’s consumer electrical industry (comprising wires and cables and FMEG) and has an operating history of over 23 years in the country. RRK is the fifth largest player in the branded wires and cables market in India, representing approximately 7% market share by value as of FY23(vs. 5% in FY15).

It is one of India’s largest exporters of wires and cables from India with 9% market share of the exports market (as of FY23). The company had one of the largest networks of electricians – 3,26,214 electricians across India as of Sep’23.

Karkinos Healthcare Spotlights Genomic Profiling Challenges And Cancer Treatment Strategies At The Third Indian Cancer Congress

~Highlights Karkinos Healthcare's dedication to leveraging technology and AI for enhancing the affordability of cancer treatment, showcased at the Indian Cancer Congress 2023

Karkinos Healthcare, a purpose-driven technology-led oncology platform, demonstrated unwavering dedication to advancing cancer research and treatment during its prominent presence at the Third Indian Cancer Congress, held from November 2nd to November 5th, 2023. The consortium provided a platform for industry leaders from across the globe to address critical issues in cancer care, with a primary focus on genomic profiling challenges and groundbreaking treatment strategies.

A highlight of Karkinos Healthcare's participation was a thought-provoking panel discussion featuring Dr. Prashant Ariyannur, Head of the Genomics Laboratory. Dr. Ariyannur addressed pivotal questions regarding the practical challenges and potential pitfalls associated with genomic profiling and interpretation. The discussion engaged major industry players and underscored the significance of effective data analysis and reporting in the field of genomics.

Dr Prashant Kumar, Chief Scientific Officer of Karkinos Healthcare, who chaired the session ‘Basics of Genomic Profiling - “the unseen part of iceberg” at the Third Indian Cancer Congress, expressed, "India's genomic excellence is catalyzing a formidable force in cancer research and artificial intelligence, substantiated by a confluence of governmental endeavors and research institutions. Aligned with our collective vision, Karkinos Healthcare is strategically positioned to democratize cost-effective and readily accessible genomic diagnostics, empowering researchers and faculty across multiple universities to spearhead groundbreaking discoveries and propel India to a pivotal role in shaping the global landscape of cancer research and treatment advancements."

Dr. Prasanth Ariyannur, Head of the Genomics Laboratory, emphasized the critical juncture in managing the vast array of gene variants, ranging from 1000 to 35,000 in different panels. He highlighted the imperative role of bio-curation in narrowing down these variants to the most relevant, emphasizing the meticulous process of variant filtration and prioritization, variant assertion, and clinical assertion. This process converges at crucial steps to distil the information down to one or two pertinent variants for the final report.

Dr Jyotirup Goswami, Consultant Clinical Oncologist and Head of Medical Services at Karkinos Healthcare, Kolkata, reiterated the institution's focus on the compelling use of chemoradiation, with a specific emphasis on Dose escalation in HPV-VE OPSCC. This marks a pivotal stride in advancing patient care, showcasing substantial advancements and reinforcing the commitment to pushing the boundaries of innovation in cancer treatment.

The medical professionals at Karkinos Healthcare actively contributed to extensive conversations, sharing insights and knowledge surrounding prominent issues, including laboratory testing practices and the identification of germline mutations within tumour specimens. Their participation underscored Karkinos Healthcare's commitment to staying at the forefront of cancer research and treatment innovation.

Karkinos Healthcare remains dedicated to pioneering advancements in cancer care, contributing to the ongoing dialogue in the field, and ultimately improving patient outcomes.

About Karkinos Healthcare: Karkinos Healthcare is a purpose driven technology-led oncology health care platform for early detection and diagnosis of common cancers. The organisation espouses use of a distributed cancer care network, while working with network of healthcare institutions and domain experts within the ecosystem, with an aim to provide comprehensive cancer care closer to individuals’ homes.

Tata Group, Reliance Industries, Mayo Clinic, and Rakuten Medical Inc. are among the world's leading organizations that have invested in Karkinos Healthcare. The company has also partnered with Tata Memorial Hospital, Guys and St Thomas NHS Foundation Trust (UK), and has inked several research collaborations with leading academic institutions in the United States to stay on the cutting edge of oncology treatment and care.

https://www.karkinos.in/about-us/

Groundbreaking Study Reveals Strong Correlation Between Gut Health And Skin Problems

If you have been suffering from skin problems and have not been able to find a permanent solution despite medication, chances are that you have poor gut health. An observational study conducted by the Hairline International Hair & Skin Research & Treatment Center based in Bengaluru has now established a connection between gut health and skin conditions. The two-year observational study from July 2021- June 2023 uncovers the profound link between gut health and common skin conditions such as acne, atopic dermatitis, eczema, and psoriasis.

The Study

"Remarkably, 80% of patients seeking treatment at Hairline International during the study period had experienced skin issues, including acne, atopic dermatitis, eczema, and psoriasis. Among those with acne vulgaris, a staggering 72% displayed indications of poor gut health, marked by symptoms like food intolerance, allergies, GERD, and digestive problems. This underscores the vital role of comprehending the human body as a holistic system," explains Dr. Kala Vimal, Consultant Dermatologist & Cosmetologist at Hairline International.

The study's gender distribution, with 62% of patients being female and 38% male, offers insights into potential gender-related variations in how skin conditions impact individuals. Additionally, the study found that 36% of female patients experienced other health issues, such as irregular menstruation, PCOS, and hormonal imbalances, highlighting the interconnected nature of health concerns.

What Skin Secrets Did Gut Health Reveal?

Probiotics, known for their positive impact on digestive and immune systems, have long been a subject of interest in the medical field. Hairline International took a pioneering step by investigating the impact of probiotics on patients with skin issues. A total of 2235 patients were part of the study, each undergoing an H pylori test to assess their gut health.

Over 70% of men, children, and pregnant women from various age groups suffered from atopic dermatitis, or eczema. Notably, the study uncovered that pregnant women who supplemented with probiotics during pregnancy and while breastfeeding reduced the risk of eczema in their children up to the age of 2, presenting promising implications for prenatal and infant care.The majority of patients, 72%, were under the age of 40, underscoring the prevalence of skin issues among younger individuals and the potential impact on their quality of life.

It's important to note that the research team administered Atogla probiotics to the participants in the study, in addition to conventional medicines. In contrast, the control group received only medication and no probiotics. This approach allowed for a clear evaluation of the added benefits of probiotics on skin health.

"The research observations are promising since, when we administered oral probiotics alongside other treatments, we observed a remarkable 90% reduction in inflammation and redness among acne patients. This offers hope to those grappling with the challenges of this prevalent skin condition. In the case of psoriasis, which is often linked to gastrointestinal conditions like inflammatory bowel disease, we made a noteworthy discovery that there is an inverse relationship between probiotic use and the occurrence of skin lesions. This revelation strongly suggests that probiotics may open the door to more effective treatments for psoriasis in the near future," added Dr. Kala Vimal, Consultant Dermatologist & Cosmetologist at Hairline International.

The study makes it evident that introducing probiotics to traditional treatments, we can significantly enhance the health and appearance of the skin. This research marks a significant step forward in our understanding of the intricate relationship between our gut, skin, and overall well-being.

About Hairline International Hair & Skin Research & Treatment Center

Hairline International Hair & Skin Research & Treatment Center has carved an indelible name for itself in the field of Trichology and Skin care and its medical management. Under the stewardship of its Founder and Managing Director, Ms  Bani Anand, Hairline International grew from non-surgical competencies to surgical treatment options and today is making in-roads in regenerative medicine as well. Spread over 2 clinics now in Bangalore, with a research center, pathology lab and a stem cell lab in the making, Hairline International believes in creating a strong foundation with medical professionals in varying fields of diabetology, gastroenterology, gynacologists, trichologists and dermato-surgeons as well as cosmetic surgeons – drawn from multiple specialties but all working towards a scientific and technologically advanced means of hair and skin care management. Hairline aims to grow from strength to strength across multiple spectrums in the field of Trichology and Skin care to become the undisputed leader in the field.

For more details, log on to www.hairline.co.in

Evnnovator And CHARGE+Zone Partners With Mercedes-Benz India To Deliver An Industry-First EV Charging Solutions

* 500 charging points across India now available for all EV users

Evnnovator and CHARGE+ZONE, two of the fastest-growing eMSP and Charge Point Operating entities in India, have collaborated with country’s most aspirational luxury car maker, Mercedes-Benz; to deliver an industry-first vertically integrated end-to-end charging solution. This charging solution is tailored specifically for Mercedes-Benz customers. Mercedes-Benz has the largest luxury OEM backed charging infrastructure in the country. 

Evnnovator's innovative eMSP platform offers FICH EV Charging App, empowering users to seamlessly locate, access, and pay for charging services offered by multiple Charge Point Operators (CPOs) through a single platform. On the other hand, CHARGE+ZONE operates Charge Cloud, a cloud-based Charging Management Software. It effectively integrates high-speed EV chargers from the Mercedes-Benz Franchise Network and establishes seamless connectivity with Evnnovator's eMSP platform.

Mercedes-Benz’s existing charging network is now seamlessly integrated with over 150 DC Fast Charging stations and 100+ Type 2 Chargers already operating on Evnnovator's eMSP platform. This integration results in a robust network of approximately 500 charging points accessible nationwide through the FICH app. 

As a part of their commitment towards sustainable mobility, Mercedes-Benz India has opened its Franchise Charging Network to other OEMs and provided them access to the charging infrastructure at Mercedes-Benz Franchise DC Charging stations across India.

“Mercedes-Benz is on its way to an electric future in India, and creating convenient charging solutions for customers, is key enabler for this seamless transition. We have collaborated with Evnnovator, onboarding the charging infrastructure of our Franchise Partners across India, on their FICH application. This state-of-the-art application, ensures seamless access to our pan-India fast charging solutions, driving customer convenience and peace of mind. We have opened our charging infrastructure to all EV users through this app.” Santosh Iyer, MD & CEO, Mercedes-Benz India. 

In response to this significant milestone, Mr. Rai Nitin Chitransh, the Founder of Evnnovator, expressed his enthusiasm and vision, stating, "We are truly delighted to embark on this groundbreaking partnership with Mercedes-Benz India and CHARGE+ZONE. Our primary objective is to offer our valued customers a seamless and hassle-free EV charging experience. With the integration of our innovative eMSP platform and the user-friendly FICH app, we empower users to effortlessly access a diverse array of charging options, all consolidated within a unified and user-friendly interface. This means that whether our customers are seeking a charging point from various Charge Point Operators (CPOs) or navigating the complexities of the EV charging landscape, our platform simplifies the process, ensuring a convenient and efficient experience. We believe that this partnership represents the future of EV charging in India, one that prioritizes accessibility, convenience, and sustainability."

The FICH app is readily available for download on both the App Store and Play Store for Mercedes-Benz customers as well as other EV users. 

Mr. Kartikey Hariyani, the CEO of CHARGE+ZONE, emphasized the significance of this collaboration by stating, "The collaboration with Mercedes-Benz India and Evnnovator represents a major step forward in the evolution of EV charging infrastructure in India. Our shared objective is to provide a vertically integrated charging solution that not only meets the present needs but is also robust and scalable to accommodate the anticipated growth in EV adoption. By combining the strengths of Mercedes-Benz India's extensive Franchise DC Charging Network, Evnnovator's cutting-edge eMSP platform, and our Charge Cloud technology, we have laid the foundation for an advanced and sustainable EV charging ecosystem in India. We firmly believe that this partnership will not only meet the current demand but will also pave the way for the future expansion of the EV charging network, supporting India's transition towards a greener and more electrified future."

About Mercedes-Benz India 

Mercedes-Benz India pioneered the luxury car market in India. Set up in 2009, Mercedes-Benz India’s world-class production facility is spread over 100 acres in Chakan near Pune. Since June 2015, Mercedes-Benz India also commenced production from its newly expanded production facility located on the same premises. Mercedes-Benz India is part of Mercedes-Benz’s Global Production Network and plays an important role in the CKD/MVP production network in Brazil, Indonesia, Malaysia, Thailand, and Vietnam. 

At these locations, Mercedes-Benz produces vehicles in various extension levels for domestic markets. The production facility carries an investment of more than INR 2700 crores and has the largest installed production capacity for any luxury carmaker in India. Mercedes-Benz India also has the largest network spread amongst any luxury carmaker, with presence in 47 Indian cities with over 125 touchpoints. Through the exclusive AMG Performance Centres, the AMG performance sub-brand of Mercedes-Benz also boasts of a strong retail network presence in the country. Mercedes-Benz India boasts of the entire portfolio having the highest number of ‘connected cars’ in the luxury segment. Mercedes-Benz India has a robust product portfolio comprising the locally produced A-Class Facelift, new generation C-Class, E-Class Long Wheelbase, S-Class, and Mercedes Maybach S 580, along with the flagship electric vehicle - EQS 580. The ‘Made in India’ SUV range starts with the GLA, latest generation GLC, GLC Coupé, GLE, and GLS range of luxury SUVs. Mercedes-Benz also locally manufactures select AMG models in India, while its Completely Built imported cars portfolio (CBU) includes the GLB, G 400d, and the exciting AMG range from AMG A 45 S to the AMG GT 63 S E-Performance. Mercedes-Benz also pioneered the luxury EV segment in India and boasts of a strong portfolio, including the ‘Made in India’ EQS 580, AMG EQS 53, seven-seater EQB and the EQE 500 4MATIC SUV. 

Mercedes-Benz during the January-September period delivered 12,768 new cars, registering an 11% year-on-year growth. For 2023, Mercedes-Benz’s motto is ‘DESIRE for the Extraordinaire’. The company is committed to enhancing the desirability of products and services by introducing a host of customer-centric initiatives in 2023 and weaving extraordinaire elements across every facet of the customer journey.

About Evnnovator

Established in 2022, Evnnovator is committed to enable sustainable mobility and is driven by a group of strong believers. The company offers its eMobility services by aggregating Public & Captive Chargers, which are operated by individual Charging Point Operators or Charging Infrastructure providers. The aggregation of public chargers enables EV drivers to have access to larger charging networks via a single touchpoint and create avenues for the CPOs to boost the utilization for their charging stations. Evnnovator offers eMobility solutions in both B2C and B2B customer segments. To know more, please visit www.evnnovator.in

About CHARGE+ZONE

CHARGE+ZONE is a leading tech-driven EV Charging network company specializing in B2B and B2C charging services on both dedicated and opportunity-based charging using smart-grid networks. Based in India, with indigenous development of the technology of mobile-app and CMS with firmware/web-socket cloud-based computing for super-fast EV charging as well as battery swapping. CHARGE+ZONE is on a mission to establish one million charging points across important markets of EVs in India for cars, buses and even trucks. To know more, please visit www.chargezone.com or email at info@chargezone.com.

FICCI Jointly With Hero Futures Energies Organized Interaction On Renewable Energy Adoption By Industrial Consumers In Bengaluru

The Federation of Indian Chambers of Commerce and Industry (FICCI), jointly with Hero Futures Energies organized a Closed-Door Interaction on Renewable Energy Adoption by Industrial Consumers in Bengaluru. The key objective of the interaction was to showcase renewable energy solutions and technologies available for Indian industrial consumers, supporting their transition towards decarbonization and the net-zero journey.

Addressing the participants, Ms. Aparna Pavate, Additional Secretary, Energy Department, Government of Karnataka stated “Karnataka is taking pioneering steps to revolutionize the energy landscape. Karnataka Renewable Energy Policy 2022-2027 stands as a beacon of the state’s commitment to a greener future targeting to strengthen power sub-stations for evacuation, develop RE ecosystem and augment distribution networks.” She also highlighted on the state initiative of developing hybrid parks which will produce a total of 5,000 MW of green energy. She further mentioned that India has made commendable progress in renewable energy landscape, with more than 42% current capacity built from of non-fossil energy sources.

Mr. Amarnath N, Chief Executive Officer, Karnataka Solar Power Development Corporation Ltd, Government of Karnataka mentioned that Karnataka is the pioneering state in development of renewable energy with the policy initiative starting way back in 2009. He highlighted on the key initiatives taken in State RE Policies of 2009-14, 2014-21 and 2022-27 and stated that “appx 62% of the current power consumption in the state is from renewable sources.” He further invited industry to be a part of a proposed 5GW hybrid park, comprising of wind and solar resources.

Representing the industry, Mr. Harmit Singh Sethi, Co-Chair, FICCI Cement Committee and Executive Director & Group Head, Corporate Affairs & Incubation, Dalmia Bharat Group highlighted that while cement (and sectors like steel) are hard-to-abate sectors, but these are the key industrial sectors to drive the renewable energy adoption in the nation. He further mentioned that “with Government’s increased focus on infrastructure development and urbanization to increase from 33% to 40% by 2030, there is going to be increased demand for cement and hence an increased chance of GHG emissions.

Presenting the Renewable Energy Solutions for Industrial Consumers, Mr. Animesh Sharma, Head of Business Development – India C&I, Hero Future Energies highlighted on the huge potential for Renewable Energy in the Karnataka State, focussing on solar and wind sources, robust grid mechanism and conducive policy framework. He further mentioned on the encouraging policies of Karnataka in terms of single window clearance, 60-days approval timeline, adoption of open access rules, among others.

Mr. Chandan Dixit, Associate Director, Deloitte India presented on the renewable energy adoption trends and developments by industrial consumers. Mr. Ramesh Chandra Lahoti, President, Karnataka Chambers of Commerce & Industry added on the plans and initiatives of the state industrial sector for decarbonization and adoption of renewable energy.

The discussions acknowledged that many corporates and industries have already committed to adopt green energy and are looking for solutions best suited to their operations. Such FICCI platforms facilitate this interaction among the two sectors of renewable energy and industrial consumers.

IBM Expands Relationship With AWS To Deepen Generative AI Innovation And Launch A New Innovation Lab In India

 

-      At the IBM Innovation Lab, customers will be able to test prototypes of joint IBM-AWS solutions, including those related to generative AI

-      Delivering joint solutions with generative AI capabilities for critical use cases

-      Providing clients with dedicated AWS expertise and plans to train and skill 10,000 IBM consultants by 2024

IBM (NYSE: IBM) today announced an expansion of its relationship with Amazon Web Services (AWS) to help more mutual clients operationalize and derive value from the latest technologies, including generative artificial intelligence (AI). As part of this, IBM launched the Innovation Lab, in collaboration with AWS, at the IBM Client Experience Center in Bangalore.

The lab is a first of its kind for the IBM-AWS collaboration and is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proofs of value that aim to help accelerate innovation across industries such as Banking and Financial Services, Automotive, Manufacturing, Energy and Utilities, Travel and Transportation, and Healthcare, among others.

The lab is divided into experience zones that focus on different technology areas underpinned by generative AI and machine learning. These areas demonstrate cloud modernization, SAP transformation, industry innovation, data and technology transformation, and cybersecurity. Customers will also have the opportunity to learn best practices from their peers globally through the sharing of case studies.

Anuj Malhotra, Vice President and Senior Partner, Growth Platforms, IBM India Client Innovation Centre for IBM Consulting said, “With the IBM Innovation Lab being launched in collaboration with AWS in India, our objective is to showcase the full potential of the joint value proposition that IBM and AWS offer to our clients from across the world. Clients can now experiment with the latest cloud-enabled technologies including generative AI in our lab, before actually implementing and scaling solutions on AWS.  Our teams at the lab, consisting of technology and industry experts from IBM and AWS, will help build rapid prototypes that address client business and technology challenges. IBM and AWS have a history of driving client innovation leveraging the latest technology such as AI in India. We look forward to deepening our partnership with AWS and support even more clients across industries and across geographies to unlock the full potential of cloud and generative AI.”

Vaishali Kasture, Director and Country Leader, Commercial Sales, AWS India and South Asia said, “AWS is delighted to be launching a new innovation lab with our AWS Premier Tier Consulting Partner, IBM. By combining the AI and data analytics expertise of IBM and AWS’s broadest and deepest set of cloud-enabled solutions, we look forward to driving industry transformation and developing solutions that address real-world customer needs. AWS remains committed to investing in working backwards from our joint customers and leveraging advanced cloud technologies like generative AI and the innovation lab as sandbox environment, to ideate and scale industry-focused solutions.”

IBM Consulting and AWS already serve clients across a variety of industries with a range of AI solutions and services. Now, the companies are enhancing those solutions and services with the power of generative AI designed to help clients integrate AI quickly into business and IT operations building on AWS. IBM Consulting and AWS plan to start with these specific solutions:

Contact Center Modernization with Amazon Connect – IBM Consulting worked with AWS to create summarization and categorization functions for voice and digital interactions using generative AI, which are designed to allow for transfers between the chatbot and live agent and provide the agent with summarized details that expedite resolution times and improve quality management.

Platform Services on AWS – Initially introduced in November 2022, this offering is newly upgraded with generative AI to better manage the entire cloud value chain including IT Ops, automation, and platform engineering. The new generative AI capabilities give clients tools to enhance business serviceability and availability for their applications hosted on AWS through intelligent issue resolution and observability techniques. Clients can expect an improvement of uptime and mean time repair which means they can act quickly and effectively to potential issues that arise.

Supply Chain Ensemble on AWS – This planned offering will introduce a virtual assistant that can help accelerate and augment the work of supply chain professionals as they aim to deliver on customer expectations, optimize inventories, reduce costs, streamline logistics, and assess supply chain risks.

Additionally, for clients looking to modernize on AWS, IBM Consulting plans to integrate AWS generative AI services into its proprietary IBM Consulting Cloud Accelerator to help accelerate the cloud transformation process. This will help with reverse engineering, code generation and code conversion.

Commitment to deepening expertise and expanding AWS on watsonx integration

IBM has already built extensive expertise with AWS's generative AI services including Amazon SageMaker and Amazon CodeWhisperer, and is one of first AWS Partners to use Amazon Bedrock, a fully managed service that makes industry-leading foundation models (FMs) available through an API, so clients can choose the model that's best suited for their use case.

AI expertise and a deep understanding of AWS capabilities are critical for clients looking to implement generative AI, and IBM is already providing mutual clients with access to professionals from IBM Consulting's Center of Excellence for Generative AI with specialized generative AI expertise.

With today's news, IBM Consulting plans to train and skill 10,000 consultants on AWS generative AI services by end of 2024. They will have access to an exclusive, partner-only program that provides training on the top use cases and best practices for client engagement with AWS generative AI services. This will help advance their knowledge, allow them to engage with technical professionals and better serve clients innovating on AWS.

“Enterprise clients are looking for expert help to build a strategy and develop generative AI use cases that can drive business value and transformation – while mitigating risks," said Manish Goyal, Senior Partner, Global AI & Analytics Leader at IBM Consulting. "Paired with IBM's AI heritage and deep expertise in business transformation on AWS, this suite of reengineered solutions with embedded generative AI capabilities can help our mutual clients to scale generative AI applications rapidly and responsibly on their platform of choice.”

IBM is also responding to client demand for generative AI capabilities on AWS by making watsonx.data, a fit-for-purpose data store built on an open lakehouse architecture, available on AWS as a fully managed software-as-a-service (SaaS) solution– which clients can also access in AWS Marketplace. The company also plans to make watsonx.ai and watsonx.governance available on AWS by 2024. This builds on previous commitments made by the two companies to make it easier for clients to consume IBM data, AI and security software on AWS.

“Our customers are increasingly looking for the technical support and AI expertise they need to build and implement a generative AI strategy that drives business value from their entire cloud value chain," said Chris Niederman, Managing Director, Global Systems Integrators at AWS. "We are excited to be working with IBM to include embedded generative AI capabilities that assist our mutual customers scale their applications – and help IBM consultants deepen their expertise on best practices for customer engagement with AWS generative AI services.”

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.

Visit www.ibm.com for more information.

About Amazon Web Services India Private Limited

Amazon Web Services India Private Limited (AWS India) undertakes the resale and marketing of AWS Cloud services in India.