CHANNEL NEWS

Deloitte has announced its acquisition of Giant Machines, a strategic engineering firm, to enhance its digital engineering capabilities. The move aims to address the challenge of guiding clients from conceptualization to the actual development of digital products. Tim Juravich, a principal at Deloitte Consulting, highlighted the unique difficulties clients face in transitioning between technologies and platforms, emphasizing the need for …

Microsoft has introduced new partner benefits packages, catering to solution providers at various growth stages. The packages include access to Microsoft Sales Copilot, product licenses, Azure credits, and more. The three packages—Partner Launch Benefits, Partner Success Core Benefits, and Partner Success Expanded Benefits—aim to support partners’ growth, aligning with Microsoft’s focus on AI workloads. With availability starting in major markets, …

The National Quantum Mission (NQM) achieved a significant milestone with the launch of a call for pre-proposals to establish Thematic Hubs (T-Hubs). Secretary of the Department of Science and Technology (DST), Professor Abhay Karandikar, initiated the call on January 20, 2024, during the 9th edition of the India International Science Festival. The pre-proposal invites academic institutions and R&D labs to …

The construction of the Shri Ram Mandir has received technical assistance from four prominent National Institutes under CSIR (Council of Scientific & Industrial Research) and DST (Department of Science & Technology) as part of the Ministry of Science & Technology. Union Minister Dr. Jitendra Singh revealed that institutions like IITs and ISRO have also contributed to the project. Notably, CSIR-Central …

The forthcoming inauguration of the Ayodhya Ram Mandir on January 22, 2024, is poised for heightened security with the integration of AI-powered surveillance by Staqu Technologies. As a pioneer in AI implementation in India, Staqu is set to fortify security around key locations in Ayodhya, employing its innovative JARVIS audio and video analytics software. Atul Rai, Co-Founder & CEO of …

Foxconn and HCL Group have joined forces to establish a chip packaging and testing venture in India, representing a significant collaboration aimed at advancing semiconductor capabilities in the country. Foxconn is set to invest $37.2 million, securing a 40% stake in the new venture, known as OSAT (outsourced semiconductor assembly and test) in industry terms. This strategic partnership follows Foxconn’s …

Kyndryl, a global IT infrastructure services provider, has introduced its Kyndryl Workflow Orchestration services, a generative AI-powered technology aimed at enhancing service delivery and empowering customers to optimize their own services. This initiative utilizes no-code and low-code platforms to maximize business value for customers, moving beyond conventional IT optimization. Kyndryl aims to streamline business processes with a focus on improving …

Fortinet has unveiled the industry’s inaugural Secure Networking Solution equipped with Wi-Fi 7 technology. The announcement introduces the FortiAP 441K, the company’s first Wi-Fi 7 access point, and the FortiSwitch T1024, a 10 Gigabit Power over Ethernet switch. These innovations promise to deliver double the speed and increased capacity for Fortinet’s integrated suite of secure wired and wireless solutions. The …

Global data integration and analytics leader, Qlik, has acquired key intellectual property from Kyndi, specializing in natural language processing and generative AI. This strategic move aims to revolutionize how organizations handle unstructured data, combining Qlik’s structured data expertise with Kyndi’s innovative technologies. Kyndi’s CEO and AI experts will join Qlik, marking a significant step in delivering precise answers to complex …

In 2023, startups encountered difficulties securing funding, prompting a significant change in their priorities. A survey by Innoven Capital found that, in response to the funding challenges, 62% of founders shifted their focus from growth to financial responsibility, profitability, and exit strategies. This marked an increase from 55% in 2022 and 17% in 2021. SaaS and fintech founders, particularly those …