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 …
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Union Minister Dr. Jitendra Singh Credits National Institutes for Shri Ram Mandir Construction
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 …
Read More »Staqu’s AI-Powered Surveillance Enhances Security Measures for Ayodhya Ram Mandir Inauguration
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 …
Read More »Foxconn and HCL Group Form Partnership for Chip Packaging and Testing Venture
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 …
Read More »Kyndryl Introduces Services Orchestration Empowered by GenAI
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 …
Read More »Fortinet Introduces Pioneering Secure Networking Solution Empowered by Wi-Fi 7 Technology
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 …
Read More »Qlik Expands AI Capabilities Through Acquisition of Kyndi for Enhanced Business Results
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 …
Read More »Amid Funding Challenges in 2023, Startups Pivot Toward Profitability and Exit Strategies
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 …
Read More »Cross Identity Launches World’s First PIAM Solution
Cross Identity, a leading player in Identity and Access Management solutions, introduces Privileged Identity and Access Management (PIAM), a pioneering software that integrates access management, access governance, and administration for privileged users. This launch redefines privileged user management in the dynamic cybersecurity environment. PIAM stands out by providing a comprehensive approach to privileged user management, covering provisioning/deprovisioning, access requests to …
Read More »Equinix Boosts Multicloud Connectivity for Indian Enterprises
Equinix has launched the Equinix Fabric Cloud Router, a virtual routing service designed to streamline multicloud networking for enterprises. This new service enables easy connectivity between applications and data across various clouds and on-premise deployments. Equinix Fabric Cloud Router offers an enterprise-grade, multicloud routing solution that is simple to configure and can be deployed in under a minute. It leverages …
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