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Veeam Named as Leader in Gartner Magic Quadrant for Enterprise Backup & Recovery Solutions

Veeam Named as Leader in Gartner Magic Quadrant for Enterprise Backup & Recovery Solutions

Veeam Software has been positioned by Gartner in the leaders’ quadrant of the 2021 Magic Quadrant for Enterprise Backup and Recovery Solutions. Not only does this mark the fifth time Gartner has recognized Veeam as a Magic Quadrant Leader, but it is the second consecutive year the company is positioned highest overall in ability to execute. The recognition further validates …

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Bangalore International Airport Limited Ropes in IBM for Digital and IT Transformation

Bangalore International Airport Limited Ropes in IBM for Digital and IT Transformation

Bangalore International Airport Limited (BIAL) and IBM has formed a ten-year partnership under which IBM and Kyndryl will provide best of breed IT solutions to create a new “Airport in a Box” platform that will support transforming the end-to-end travel experience for passengers at Kempegowda International Airport (KIAB/BLR Airport). IBM works with more than 150 airports globally. As one of …

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IBM Delivers Strongest Growth in 3 Years

IBM Delivers Strongest Growth in 3 Years

IBM shares rose as much as 4 percent in extended trading early this week after the enterprise technology and services provider posted the strongest quarterly growth in three years. The company reported a Q2 2021 profit of $2.33 per-share, $0.04 higher than estimates, while revenue rose a modest 3.4 percent year-over-year to $18.75 billion, $400 million higher than consensus. Cloud …

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Airtel, Intel Collaborate for 5G Network Development in India

Airtel, Intel Collaborate for 5G Network Development in India

Bharti Airtel has collaborated with Intel for 5G network development by leveraging vRAN/O-RAN technologies. The collaboration is part of Airtel’s 5G roadmap for India as it transforms its networks to allow its customers to reap the full possibilities of the hyper-connected world where Industry 4.0 to cloud gaming and virtual/augmented reality become an everyday experience. Airtel is the first telecom …

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Record 136 Startups Become Unicorns in Q2 2021, a 491% YoY Growth

Record 136 Startups Become Unicorns in Q2 2021, a 491% YoY Growth

The number of new global unicorns has spiked 491 percent from 23 to a staggering 136 between Q2 2020 and Q2 2021, according to the data acquired by Finbold. During the first three months of this year, the figure stood at 113, representing a growth of 140.4 percent from 2020 Q4’s 47 unicorns. During the first quarter of 2020, the …

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Shiv Nadar Steps Down as HCL Technologies Managing Director; C Vijayakumar Takes Over

Shiv Nadar Steps Down as HCL Technologies Managing Director; C Vijayakumar Takes Over

HCL Technologies’ Chief Strategy Officer and Managing Director Shiv Nadar has stepped down from the position with immediate effect. The company said that Nadar has now been appointed Chairman Emeritus & Strategic Advisor to the board. HCL Tech has appointed its President and CEO C Vijayakumar as the new Managing Director for five years with effect from July 20. He …

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GDPR Fines Surge by 113% despite Strict Regulations

GDPR Fines Surge by 113% despite Strict Regulations

Despite the General Data Protection Regulation (GDPR) being in its infancy stages, European regulators are increasingly focusing on implementing the law. As a result, the number of cases and fines has also surged. Data acquired by Finbold indicates that the cumulative number of GDPR violations has steadily surged 113.5 percent over the last 12 months between July 2020 and July …

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Zoom to Buy Five9 at $15 Billion to Take on Google, Microsoft and Facebook

Zoom to Buy Five9 at $15 Billion to Take on Google, Microsoft and Facebook

Zoom has planned to buy cloud contact center software provider Five9 Inc in an all stock deal worth about $14.7 billion. The popular video conferencing provider is now shifting focus to its cloud calling product Zoom Phone and conference hosting product Zoom Rooms as bigger players Microsoft, Facebook and Google amp up their video products. The deal marks Zoom’s first …

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ACC, Ambuja Cements Redefine Logistics Operations with Breakthrough Technology

ACC, Ambuja Cements Redefine Logistics Operations with Breakthrough Technology

Holcim is deploying its Transport Analytics Center (TAC) in 35 plants of ACC and Ambuja in India to optimize its logistics for road safety, enhanced efficiency and sustainability. TAC is currently tracking more than 20,000 trucks through various data sources like ERP, in-vehicle monitoring system (IVMS), NFC, RFID and others for advanced analytics and artificial intelligence applications. Globally, transportation accounts …

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G7 CR Technologies Has Earned the Modernization of Web Applications to Microsoft Azure Advanced Specialization

G7 CR Technologies Has Earned the Modernization of Web Applications to Microsoft Azure Advanced Specialization

Bengaluru, 19th July, 2021: G7 CR Technologies India Pvt Ltd (https://g7cr.in/) today announced it has earned the Modernization of Web Applications to Microsoft Azure advanced specialization, a validation of a solution partner’s deep knowledge, extensive experience and proven expertise in migrating and modernizing production web application workloads, and managing app services in Azure. Only partners that meet stringent criteria around customer success and staff …

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