TRENDING NEWS

As digital transformation sweeps across industries, managed services have emerged as the most promising growth engine for channel partners. Traditional resellers, system integrators, and solution providers are now racing to reposition themselves as Managed Service Providers (MSPs) to stay competitive in a subscription-based, always-on IT world. However, the transition is far from smooth. While the MSP model promises stable, recurring …

As India establishes itself as a global leader in various domains, the technology industry holds particular prominence. With anticipation building in the IT sector for the 2024 Union Budget, the expectations are centered around a financial plan that resonates with the ever-evolving technological landscape. In line with expectations, Finance Minister Nirmala Sitharaman has already indicated that the interim budget won’t …

Kyndryl, the world’s leading IT infrastructure services provider, has announced an expanded collaboration with Amazon Web Services (AWS) as a Premier Tier Services Partner. The objective is to facilitate and expedite customers’ mainframe modernization endeavors. This alliance introduces new capabilities aimed at seamlessly integrating mainframe applications and data with AWS technologies, as well as transitioning mainframe workloads to AWS. Key …

Low-code platform provider Pegasystems has integrated its Pega Process AI technology into Pega Smart Dispute, a move set to aid retail banks in optimizing their chargeback processes.   Chargebacks, which occur when consumers dispute card transactions, have been on the rise worldwide, often due to increasing instances of fraud. These disputes necessitate thorough investigations by card-issuing banks to determine refund …

  Global payment services provider Worldline has unveiled its India Digital Payments Report for H1 2023 (January to June 2023), shedding light on significant trends within India’s digital payments landscape. The report highlights the continued dominance of UPI (Unified Payments Interface) and its potential for future growth.   Key findings from the report include the remarkable growth of UPI transactions, …

Hexaware Technologies has appointed Anton Tomchenko as its Chief Revenue & Solutions Officer for Digital & Software Services. In this role, Tomchenko will lead Hexaware’s Digital & Software Services division, which focuses on defining, designing, engineering, and operating top-tier software products and experiences to support clients in their digital transformation journey. The division plays a crucial role in enterprise digital …

Integrated logistics services provider Delhivery has teamed up with private equity firm Nexus Ventures and Amazon Web Services (AWS) to introduce “Velocity,” a six-week startup accelerator program aimed at nurturing and empowering emerging entrepreneurs and innovators in the logistics sector.   The inaugural edition of this accelerator program, which commenced in August 2023, brought together prominent financial and sectoral experts …

Satcom Infotech Pvt. Ltd., a leading player in the Indian information technology and cybersecurity landscape, is proud to announce its strategic partnership with Firemon, a global pioneer in network security management solutions. This collaboration is set to fortify Satcom Infotech’s commitment to expanding its presence in India and delivering world-class cybersecurity solutions to organizations across the nation. As a significant …

Incubate Fund Asia, a sector-agnostic Japanese venture capital fund specialising in seed-stage investment today announced the first close of their third fund which has a target corpus of $50 Million (around INR 416 crores). This accomplishment underscores their steadfast commitment to fostering the growth of startups and propelling them towards remarkable success. Incubate Fund’s India-focused entity has now been rebranded as Incubate …

Cisco Systems’ recent $28 billion purchase of Splunk, a cybersecurity and data analytics firm, is poised to set off a surge in acquisitions of software vendors with dependable subscription revenue, according to industry experts and analysts. Splunk, which was transitioning from software licensing to subscription-based pricing, marked the third-largest software acquisition in history with its deal with Cisco. Cisco’s CEO, …