Milestone Systems has funded an acclaimed research initiative at The University of Aalborg, Denmark, recognized for its contributions to Harbor Safety Technology. This collaboration has recently received the prestigious Danish Spar Nord Foundation Research Award for its innovative use of Artificial Intelligence (AI) in thermal cameras to detect fatal accidents in harbors. The project, conducted in Aalborg Harbor, leverages Milestone …
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Finance Minister Unveils New Measures to Strengthen MSME Sector
Amit Singh Finance Minister Nirmala Sitharaman has introduced several initiatives to support the Micro, Small, and Medium Enterprises (MSME) sector. One of the key measures is the enhancement of the loan limit under the government’s Mudra scheme, which has been increased from Rs 10 lakh to Rs 20 lakh, thereby improving credit access for micro enterprises. According to the …
Read More »SonicWall Introduces Zero Trust Network Access (ZTNA) Solution for MSPs and Launches Cloud Secure Edge (CSE) for Cloud Migration
SonicWall has announced the launch of its Cloud Secure Edge (CSE), a new Zero Trust Network Access (ZTNA) solution tailored for Managed Service Providers (MSPs). This development integrates SonicWall’s expertise in small and medium enterprise (SME) network security with industry-leading Security Service Edge (SSE) solutions to offer a comprehensive, cloud-delivered ZTNA platform. The CSE platform, designed to support the growing …
Read More »Sify Announces Q1 FY 2024-25 Financial Results: Revenues INR 9,421 Million, EBITDA INR 1,784 Million, Loss INR 105 Million
Sify has released its Consolidated Financial Results for Q1 FY 2024-25, indicating revenues of INR 9,421 million and an EBITDA of INR 1,784 million. The period saw a loss of INR 105 million. Key Highlights: – Revenue increased by 10% year-over-year to INR 9,421 million. – EBITDA grew by 3% year-over-year to INR 1,784 million. – Loss before tax stood …
Read More »Cummins India Expands IT Capabilities with Launch of Global Competency Center in Pune
Cummins Group in India (“Cummins India”), a prominent provider of power solutions technology, has inaugurated its inaugural IT Global Competency Center (GCC) at its India Office Campus in Balewadi, Pune, Maharashtra. The center, unveiled by Earl Newsome, Vice President and Chief Information Officer of Cummins Inc., along with Annapurna Vishwanathan, Chief Information Officer of Cummins India, and senior officials, marks …
Read More »Netskope Partners with OpenAI’s ChatGPT Enterprise to Strengthen Data Governance and Compliance
Bangalore, India – July 19, 2024 – Netskope, a leader in secure access service edge (SASE), has announced an integration with OpenAI’s ChatGPT Enterprise Compliance API aimed at enhancing security and compliance for enterprise customers utilizing generative AI (genAI) applications. This collaboration extends advanced API controls through the Netskope One platform, offering robust security features such as application visibility, policy …
Read More »Sanjib Sahoo, EVP & Chief Digital Officer of Ingram Micro, Receives 2024 Dr. APJ Abdul Kalam Award
Sanjib Sahoo, recognized as a global business and digital visionary, was honored with the prestigious Dr. APJ Abdul Kalam Award at the World Leaders Summit 2024 in the House of Lords, UK Parliament. Established in tribute to Dr. APJ Abdul Kalam, former President of India and renowned aerospace scientist, this annual award celebrates individuals who demonstrate excellence in their fields, …
Read More »Developers Cut Down on Code Vulnerability Remediation Time Using OpenText’s AI-Powered Security Solution
OpenText™ (NASDAQ: OTEX), (TSX: OTEX), has introduced a new AI-powered code security solution aimed at accelerating the identification and resolution of vulnerabilities during code development. Known as OpenText Fortify Aviator, this innovative tool significantly reduces the time developers spend on auditing and fixing static application security testing (SAST) issues. By consolidating these capabilities into a single platform, Fortify Aviator enables …
Read More »AI Infrastructure Startups Lead NetApp Excellerator Cohort 13
• 85 startups now benefit from this flagship program • 11 startups now focused on developing transformative GenAI and ML capabilities • NetApp is helping businesses scale up their GenAI capabilities BENGALURU, India. – July 17, 2024 – NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, has launched Cohort 13 of its flagship startup accelerator program – NetApp Excellerator. Recognizing …
Read More »Kore.ai Introduces GALE to Expedite Enterprise Adoption of Advanced Gen AI
First-of-its-kind Unified GenAI Application Platform reduces AI application lifecycle development time by up to 50%, accelerating AI business impact. Hyderabad, India., July 17, 2024 — Kore.ai, a pioneer in enterprise generative and conversational AI platform technology, has launched GALE—Generative AI and LLM Platform for Enterprises. This platform empowers businesses to create robust GenAI applications that boost productivity, foster innovation, and …
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