CHANNEL NEWS

Wipro has announced its acquisition of US-based insurtech company Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. The deal involves Wipro acquiring a 60% stake in Aggne Global Inc through an all-cash transaction, with an option to purchase the remaining stake over time. The acquisition aims to bolster Wipro’s position in the insurance sector, …

Distinguished partners and distributors globally acknowledged for their cybersecurity excellence. India, February 13th, 2024 — SonicWall has acknowledged outstanding partners and distributors for their continuous commitment to safeguarding customers in an ever-evolving threat landscape through its annual SonicWall Partner Awards. These awards celebrate partner organizations worldwide that have demonstrated exceptional excellence in delivering cybersecurity solutions to their clientele. Expressing gratitude …

Bandhan Bank Enhances Core Banking and Digital Services in Collaboration with Oracle Bandhan Bank, a leading private bank in India, has upgraded its core banking system and expanded digital offerings through a strategic partnership with Oracle. By utilizing Oracle FLEXCUBE and Oracle Banking Digital Experience, the bank has modernized operations in retail and wholesale banking, introducing new digital capabilities such …

Pega has introduced Pega GenAI Blueprint, an innovative tool aimed at streamlining the design process for enterprise-grade workflow applications. By combining generative AI technology with Pega’s industry expertise, the platform facilitates faster and more efficient app design, addressing common challenges such as lack of stakeholder alignment and inefficient design processes. Unlike traditional approaches that often lead to project failures, Pega …

Fortinet, a global leader in cybersecurity and networking, has introduced a new ruggedized appliance designed to provide advanced secure networking capabilities and 5G connectivity for operational technology (OT) environments. The FortiGate Rugged 70G with 5G Dual Modem, powered by the latest Fortinet Security Processing Unit (SP5), offers high-performance networking, cutting-edge AI-Powered Security Services, and 5G connectivity to address various use cases …

According to Sophos, a prominent cybersecurity provider, their recent report, conducted in collaboration with Tech Research Asia (TRA), unveils a concerning trend in India’s cybersecurity and IT sectors. The study reveals that a staggering 83% of professionals in these fields are experiencing burnout and fatigue, impacting their performance and leading to potential cybersecurity breaches. Key Findings: Burnout is widespread, with …

Vertiv, a global leader in critical digital infrastructure and continuity solutions, has launched the Vertiv™ Avocent® ACS8000 Series Console in India. This innovative console facilitates remote data center management and out-of-band management of essential IT infrastructure, offering advanced features such as 4G LTE connectivity, environmental sensors, and robust security options. The Avocent® ACS8000 is now available in India, offering various …

Unico Housing Finance (Unico), a digital housing finance firm in India, has selected Oracle Cloud Infrastructure (OCI) as the technological backbone to provide affordable housing solutions for lower and middle-income individuals. By leveraging OCI, Unico aims to streamline the approval process for home loans, thereby facilitating access to homeownership for aspiring buyers. This strategic alliance underscores Unico’s commitment to utilizing …

Embee Software, a leading Indian technology solutions provider, is setting ambitious goals to establish itself as a frontrunner in Cloud Services, Analytics, AI, Cybersecurity, and Managed IT services. With a strong partnership with Microsoft, the company anticipates significant growth, driven by internal transformations and a focus on advanced technologies. Embee aims for a 30-40% year-on-year growth, targeting a remarkable 60-70% …

At the Oracle CloudWorld Tour in Mumbai, India, Max Life Insurance Company Ltd. announced its migration of mission-critical database workloads to Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI). This move, which includes core systems like customer service and claims management, has resulted in a significant improvement in application performance, up to 70 percent. Additionally, Max Life’s business service …