Equinix, one of the world’s digital infrastructure companies, has announced an initial investment of over US$86 million to build its third International Business ExchangeT (IBX) data center in Mumbai, to be named MB3, to serve the rapidly increasing digital infrastructure demand. This initial investment involves the acquisition of a parcel of land totaling roughly 4 acres, allowing Equinix to continue …
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Rahi to Bring Video Collaboration Device to India Market with Neat
Rahi, one of the leading global integrated IT enterprise solutions providers has extended its partnership with Neat to bring Neat’s innovative devices to India. This collaboration will accelerate Rahi’s skills in audio-video solutions and expand its offers in the market. Neat’s flagship devices have recently received Microsoft Teams certification. Neat was created in Oslo, Norway, by a group of creative …
Read More »Hinduja Tech to Develop Best-in-Class IoT Solutions with Senseye
Hinduja Tech, an e-mobility engineering and digital services company said it has partnered with sustainable machine health management firm Senseye to offer tailored, value-added multi-layered solutions for customers. Senseye is renowned for delivering artificial intelligence-powered solutions for machine reliability and predictive maintenance for Global Fortune 500 companies. Kumar Prabhas, CEO, Hinduja Tech said in a statement that by integrating its …
Read More »Coralogix Raises $142M Series D Funding
Coralogix has announced that it has raised a $142 million Series D funding round, bringing the company’s total amount raised to $238 million. A significant portion of the round’s proceeds will be used to fund the company’s expansion plans, particularly it’s India and APAC go-to-market teams. Additionally, the funds will be used to accelerate the development and launch of Snowbit, …
Read More »Fortinet Unveils Self-Learning AI Capabilities in New Network Detection & Response Offering
Fortinet has announced FortiNDR, a new network detection and response offering that leverages powerful artificial intelligence and pragmatic analytics to enable faster incident detection and accelerated threat response. SecOps Teams Must Leverage AI to Stay Ahead of Threats Security operations teams are confronted with advanced, persistent cybercrime that is more damaging and unpredictable than ever before, an attack surface that …
Read More »Cisco Introduces Innovations Driving New Security Cloud Strategy
Cisco, one of the leaders in enterprise networking and security, has unveiled its plan for a global, cloud-delivered, integrated platform that secures and connects organizations of any shape and size. The Cisco Security Cloud is being designed to be the industry’s most open platform, ensuring the integrity of the whole IT ecosystem – without public cloud lock-in. The Security Cloud …
Read More »Mitsubishi Electric to Establish New Factory in India
Mitsubishi Electric Corporation has announced that it will invest approximately 2.2 billion Indian rupees, or 3.1 billion yen, in its subsidiary Mitsubishi Electric India to establish a new factory in India. The new facility, which is expected to open in December 2023, will manufacture inverters and other factory automation (FA) control system components, extending the company’s capacity to satisfy growing …
Read More »Verizon Appoints Sowmyanarayan Sampath as Chief Executive Officer
Verizon has announced the appointment of Sowmyanarayan Sampath to Executive Vice President and CEO of Verizon Business, effective July 1, 2022. He will take over for Tami Erwin, who will serve as Strategic Advisor to the CEO until the end of 2022. Sampath will report directly to Verizon Chairman and CEO Hans Vestberg. Sampath joined Verizon in 2014 and currently …
Read More »Workforce Shortage Impacts 85% of Organizations’ Cybersecurity Posture
Trellix has conducted new research into the talent shortage afflicting the cybersecurity industry. Among the key findings, 85 percent of those surveyed believe the workforce shortage is impacting their organizations’ abilities to secure increasingly complex information systems and networks. Of the current workforce, 30 percent plan to change professions in the future. Bryan Palma, CEO, Trellix said in a statement …
Read More »Newgen Software Technologies Joins AWS ISV Accelerate Program
Newgen Software has announced that it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. The AWS ISV Accelerate program enables AWS Partners that develop software solutions that operate on or interact with AWS to create new business and accelerate sales cycles by linking the partner with the AWS Sales organization. Co-selling with AWS improves client …
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