CHANNEL NEWS

GSMA and IBM are joining forces to introduce an artificial intelligence (AI) training initiative, the GSMA Foundry Generative AI program. This collaboration aims to empower telecom industry leaders with AI skills and address skill gaps. The program utilizes IBM’s watsonx platform to facilitate exploration of industry-specific Generative AI applications, enhancing “cost leadership, revenue growth, and customer experience.” GSMA Advance AI …

NETGEAR, a prominent global networking company specializing in innovative products for consumers and businesses, has disclosed a significant leadership transition. Patrick C. S. Lo, the current CEO and Chairman, is retiring, marking the end of his influential three-decade tenure. In a planned move, Lo will stay on as a strategic advisor until July 2024 to facilitate a seamless transition. The …

Given the government’s emphasis on technology across various sectors, India’s IT sector has welcomed the interim Union Budget 2024-25. Finance Minister Nirmala Sitharaman, during the interim budget announcement, highlighted the transformative impact of new-age technologies and data on people’s lives and businesses. She emphasized their role in creating economic opportunities, offering high-quality services at affordable prices, and positioning India on …

Hero Vired has introduced a Certificate Program in Technology-enabled Sales in collaboration with LeadSquared. This comprehensive program is meticulously designed to equip learners with essential skills, strategies, and tools to adapt to the ever-evolving consumer needs. The curriculum integrates advanced CRM systems from LeadSquared, ensuring learners are well-prepared for the future of consumer-centric sales. A Gartner report predicts that 75% …

Zscaler has launched its SD-WAN solution, entering the competitive Secure Access Service Edge (SASE) market as a leader in Security Services Edge (SSE). The company, known for its multi-vendor SASE approach, introduces a Zero Trust SD-WAN solution, featuring plug-and-play appliances for secure connectivity in branch offices, factories, and data centers. The offering eliminates reliance on ineffective firewalls and VPNs and …

Veeam Software has unveiled the Veeam Cyber Secure Program, a comprehensive initiative aimed at aiding enterprises in preventing, safeguarding, and recovering from ransomware attacks. This program, which boasts a $5 million ransomware reimbursement for Veeam customers, provides end-to-end support throughout cyber incidents. It encompasses pre-incident support, post-incident assistance, and financial protection, ensuring customers follow best practices for data protection. The …

PFRDA is seeking bids for a system integrator role in the development and maintenance of PFRDA-TRACE, a comprehensive platform for regulatory and supervisory compliance reports by intermediaries. The national pension system regulator aims to enhance technology infrastructure through this project, with the bid submission deadline set for March 11, 2024. PFRDA-TRACE will not only facilitate the submission of reports but …

UGRO Capital, a prominent DataTech NBFC specializing in MSME lending, has achieved a significant milestone by securing approximately INR 2,500 million through Non-Convertible Debentures (NCDs) from the esteemed Asian Development Bank (ADB). This investment reflects ADB’s firm dedication to promoting inclusive, resilient, and sustainable prosperity by supporting small businesses at the grassroots level. In December 2023, UGRO Capital had previously …

Venture capital firm Capria is actively promoting AI adoption within its portfolio companies to enhance efficiencies and expand market reach. Will Poole, Managing Partner at Capria, emphasizes that startups neglecting AI integration risk falling behind competitors who leverage this technology early on. The firm, with over 350 startups in its portfolio across various regions, is closely collaborating with these companies …

Kyndryl, the world’s largest technology infrastructure services provider (NYSE: KD), has unveiled two new security edge services in collaboration with Cisco, aimed at enhancing customer security controls and addressing cyber incidents proactively. The first, Kyndryl Consult Security Services Edge (SSE) with Cisco Secure Access, offers a unified approach for consulting and implementing an SSE architecture using Cisco’s technology. The second, …