CHANNEL NEWS

Microsoft briefly exceeded Apple, achieving a market value exceeding $3 trillion. CEO Satya Nadella discussed competition, particularly with Google, highlighting the partnership with OpenAI and addressing shortcomings in AI models like Gemini and Copilot to Designer. He acknowledged genuine concerns and risks in the AI domain, including the potential for adversarial attacks. Microsoft has emerged as a leading AI company, …

L&T Technology Services (LTTS) has secured a significant program valued at approximately $100 million in the field of cybersecurity. LTTS will establish a state-of-the-art Cybersecurity & Digital Threat Analytics Centre in partnership with Maharashtra Cyber, aimed at enhancing citizen cyber safety and awareness. The contract, a first-of-its-kind in India, awarded by the Maharashtra State Cyber Department, under the Government of …

Zscaler’s recent acquisition of Avalor marks a significant stride in fortifying enterprise security capabilities through the integration of Avalor’s Data Fabric for Security. This move aims to leverage real-time AI-driven insights and threat prevention, enriching Zscaler’s existing Zero Trust Exchange™ with a wealth of security data. With over 150 pre-built integrations, this collaboration seeks to empower organizations to proactively identify …

Oracle Fusion Data Intelligence, equipped with new AI capabilities, aids Oracle Fusion Cloud Applications users in enhancing decision-making processes by merging data-driven insights with intelligent actions. This next-gen solution, powered by Oracle Cloud Infrastructure (OCI) services like Oracle Autonomous Database and OCI Data Lake, facilitates better business outcomes through improved decision-making and swift conversion of insights into actionable strategies. T.K. …

Janasha Finance, an advocate for financial inclusion, secures USD 2.5 million in debt funding, led by Au Small Finance Bank and other institutional lenders. Operating under the brand LoanKuber, Janasha Finance aims to transform mortgage lending for underserved sectors in India. The funding will facilitate the expansion of the company’s assets under management (AUM) and enhance its technological capabilities. Janasha …

Lenovo unveiled the ‘CIO Playbook 2024 – It’s all about Smarter AI’ report, shedding light on AI adoption trends in the Asia-Pacific (AP) region. According to the IDC report commissioned by Lenovo, over 95% of Indian CIOs view AI as crucial for business success in 2024, with 28% investing in Generative AI (GenAI). Key Findings: Recruitment challenges persist, with 45% …

Oracle unveiled advanced generative AI capabilities integrated into the Oracle Fusion Cloud Applications Suite, aiming to elevate decision-making processes and improve both employee and customer experiences. These enhancements span across finance, supply chain, HR, sales, marketing, and service domains. Notably, Oracle’s Guided Journeys extensibility framework now permits customers and partners to integrate additional generative AI functionalities tailored to their specific …

According to the latest report from the International Data Corporation (IDC), IT spending in India is poised to witness an 11% year-on-year increase, reaching a total of $44 billion by the end of 2024. This projection was shared during the thirteenth annual India CIO Summit titled “The Future of IT: Rethinking Digitalization for an AI Everywhere World,” where CIOs and …

CrowdStrike recently honored the winners of its annual Asia Pacific and Japan (APJ) Partner Awards during the CrowdStrike Partner Symposium held in Bangkok. These awards recognize the outstanding contributions made by partners throughout the year. The ceremony acknowledges partners in various categories, including partner of the year, growth partner, solutions integrator, technology alliance ecosystem partner, managed security services provider (MSSP), …

Lexar, a prominent global provider of memory and storage solutions, partnered with its national distributors Redington Ltd, Creative NewTech Ltd, and New Color India Films, to conduct an extensive channel roadshow across India. This roadshow, spanning metro cities like Delhi, Mumbai, Bengaluru, and Chennai, aimed to bolster and broaden Lexar’s distribution network in India while introducing its innovative product range …