CHANNEL NEWS

Kochi, July 11: Chief Minister Shri Pinarayi Vijayan of Kerala predicts that Kerala will become India’s focal point for Artificial Intelligence (AI), harnessing AI tools across sectors and making significant indigenous contributions in the field. He made these remarks while inaugurating the inaugural International Generative Artificial Intelligence (GenAI) conclave at Lulu Grand Hyatt Bolgatty International Convention Center. Organized by Kerala …

Dr. Palanivel Thiaga Rajan, Minister for IT&DS, highlighted Tamil Nadu’s commitment to fostering innovation in Emerging and Deep Tech during the first iTNT Day in Chennai. The event marked the anniversary of the inauguration of the Tamil Nadu Technology Hub (iTNT Hub), established through collaboration between the Ministry of Electronics and Information Technology (MeitY), Government of India, and the Information …

Inflection Point Ventures (IPV) has disclosed the recipients of seed funding from its initial IPV Ideaschool Batch 1.0 startup accelerator program. Bloq Quantum, Medront Datalabs, and Telkes Technologies have been named as the winners, each securing Rs 80 lakhs in funding. Launched earlier this year, Ideaschool attracted more than 1,000 startup applications across various sectors. Following the success of Batch …

PC Market Sees Three Consecutive Quarters of Year-On-Year Growth According to preliminary data from Gartner, Inc., worldwide PC shipments totaled 60.6 million units in the second quarter of 2024, reflecting a 1.9% increase compared to the same period in 2023. This marks the third successive quarter of year-on-year growth for the PC market. Mikako Kitagawa, Director Analyst at Gartner, highlighted, …

Digisol Systems has launched its innovative Multigig L3 switches. This new line represents a major leap forward in network technology, featuring 1 / 2.5G downlink ports with IEEE802.3af/at/bt support, designed to meet the demands of both WiFi-5 and WiFi-6 environments efficiently. These switches boast advanced capabilities such as Access Control Lists (ACL), Quality of Service (QoS), and Layer 3 redundancy …

In response to a cautious market and tighter client budgets, IT companies are adopting a strategy borrowed from startups and e-commerce: the creation of a new C-suite role known as the chief growth officer (CGO). Major firms like HCLTech, Tech Mahindra, LTIMindtree, and Wipro have recently appointed CGOs. Similarly, mid-tier and smaller companies such as Persistent Systems, Xoriant, and Innover …

Sify Technologies Limited (NASDAQ: SIFY), India’s premier Digital ICT solutions provider, announced the appointment of Dr. Ajay Kumar as a Director on its Board. Dr. Kumar, an Indian Administrative Service officer from the 1985 batch, recently served as the Defence Secretary for the Government of India. He has extensive expertise in technology and policy. His tenure included significant contributions to …

– 95% of Indian businesses report a return on investment (ROI) of 2-10 times from their data streaming investments. – 95% of IT leaders believe data streaming platforms can drive innovation in AI and ML development. – 94% agree that data streaming platforms reduce the time to market for new products and services. – For 92% of respondents, data streaming …

Pantherun Technologies, a cybersecurity innovator, has been recognized by the Intel Startup Program for its breakthrough in edge device security. Utilizing Intel’s FPGAs, Pantherun achieved real-time AES encryption on resource-limited edge devices, ensuring data security without vulnerability to breaches. Traditional data security solutions often require substantial resources, leading to increased costs, higher transmission latency, and performance issues. Pantherun’s AI-powered chip-based …

UiPath (NYSE: PATH), a prominent enterprise automation and AI software firm, has introduced new features to its platform, integrating GenAI extensively into the UiPath Business Automation Platform™. This advancement aims to help businesses achieve better results through AI and automation. The new capabilities were showcased at the UiPath on Tour London: AI at Work summit on July 2 at the …