CLOUD BASED SOLUTIONS
![Vishal Mega-Mart joins hands with Officenet to boost operational efficiency among retail workforce](https://img.etimg.com/thumb/msid-111475851,width-100,height-75,resizemode-4/small-biz/sme-sector/vishal-mega-mart-joins-hands-with-officenet-to-boost-operational-efficiency-among-retail-workforce.jpg)
Vishal Mega-Mart joins hands with Officenet to boost operational efficiency among retail workforce
Vishal Mega-Mart has teamed up with Officenet to enhance HR management across its 650+ stores in India.
![Sagility India files draft papers; seeks Sebi's nod to float IPO](https://img.etimg.com/thumb/msid-111403853,width-100,height-75,resizemode-4/markets/ipos/fpos/sagility-india-files-draft-papers-seeks-sebis-nod-to-float-ipo.jpg)
Sagility India files draft papers; seeks Sebi's nod to float IPO
The company, in its draft papers filed on Friday, said that the objective of the initial share sale is to gain the advantages of listing the equity shares on the stock exchanges.
![IBM, Gujarat govt ink pact to establish AI cluster at GIFT City](https://img.etimg.com/thumb/msid-111365859,width-100,height-75,resizemode-4/tech/artificial-intelligence/ibm-gujarat-govt-ink-pact-to-establish-ai-cluster-at-gift-city.jpg)
IBM, Gujarat govt ink pact to establish AI cluster at GIFT City
Under this partnership, IBM will provide software technologies and platforms over a cloud environment enabling financial institutions to customise and fine-tune large language AI models in a sandbox environment. IBM will also aim to build a digital assistant-based solution that facilitates the onboarding and integration of these customised large language models for financial institutions.
![Hyperscalers host EkStep digital public goods, build AI bot](https://img.etimg.com/thumb/msid-111293846,width-100,height-75,resizemode-4/tech/technology/hyperscalers-host-ekstep-digital-public-goods-build-ai-bot.jpg)
Hyperscalers host EkStep digital public goods, build AI bot
Tech giants Amazon Web Services (AWS) and Google Cloud are providing cloud storage and services to make the digital public goods (DPGs) created by non-profit EkStep Foundation available online. They are also collaborating to develop an AI-based virtual assistant for the foundation.
![Vodafone Idea in talks with Samsung to expand 4G networks, roll out 5G](https://img.etimg.com/thumb/msid-111280316,width-100,height-75,resizemode-4/industry/telecom/telecom-news/vodafone-idea-in-talks-with-samsung-to-expand-4g-networks-roll-out-5g.jpg)
Vodafone Idea in talks with Samsung to expand 4G networks, roll out 5G
Vodafone Idea (Vi) has initiated 5G trials in three network circles using Samsung's virtual Radio Access Network (vRAN) technology on a non-standalone architecture. The trials, aimed at expanding its 4G and introducing 5G services, took place in Chennai, Karnataka, and Bihar. Despite its financial challenges and lagging behind rivals Airtel and Jio in 5G rollout, Vi fulfills its 5G spectrum obligations from the 2022 auction with these trials.
![IT service exports should start diversifying in AI, cloud computing and data analytics, say industry players](https://img.etimg.com/thumb/msid-111278477,width-100,height-75,resizemode-4/small-biz/trade/exports/insights/it-service-exports-should-start-diversifying-in-ai-cloud-computing-and-data-analytics-says-industry-players.jpg)
IT service exports should start diversifying in AI, cloud computing and data analytics, say industry players
As the IT service exports come out unscathed amidst a turbulent period for the world, industry players believe it’s time the service portfolio spread out.
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Ecom Express’ rights issue; Google Cloud chief interview
Ecom Express is planning a $170 million rights issue led by existing investors. This and more in today’s ETtech Top 5.
India can be the great link joining the largest population of developers to AI’s immense possibilities
India is projected to surpass the US as the largest software developer community by 2027, with the digital economy contributing significantly to its overall economy. AI tools are revolutionizing software development, leading to substantial gains in productivity. The country's focus on early education in programming and the promotion of open-source collaboration are key factors driving this growth.
Vena Solutions expands into India with new headquarters for talent growth
Vena Solutions has established a head office in Indore, Madhya Pradesh, in collaboration with Innogent Technologies, named Vena Solutions India, to recruit talent across India.
India a hotbed for startups and key market for Google Cloud: global sales head
Google Cloud's president-global sales, Matt Renner, highlighted India's significance as a key global market for startups. Renner emphasized the company's increased investments in Indian startups, particularly in the field of artificial intelligence innovation.
Why AI's future is Indian: SenseAI survey shows how India is at a turning point
One of the key revelations is that SaaS has emerged as the dominant business model among the startups in a survey, indicating a growing preference for cloud-based AI solutions.
Epicor webinar: Industry experts traverse Cloud ERP tailored for the automotive sector
Vishal Raj Saini, Country Head of Epicor Software India and Indian Subcontinent, discussed 'Implementing Cloud ERP' with industry experts at a panel by The Economic Times and Epicor.
Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore
Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore through a block deal. Blackstone holds 55.45% in Mphasis. Mphasis specializes in cloud and digital solutions.
Google Cloud, EkStep Foundation partner to accelerate adoptions of Digital Public Infrastructure
The company statement said this will enable proof of concepts for creating and enhancing DPGs and DPIs, and identify Google Cloud products relevant to DPI adoption.
Investors high on SME IPOs with up to 1,300% returns. Is it time to get sober?
Investors high on SME IPOs with up to 1,300% returns. Marquee investors, top performers like Owais Metal & Mineral Processing, and risks of market manipulation highlighted. Emphasis on due diligence and investor awareness.
India must loosen the cords tying it too tightly to the pervasive influence of global Big Tech
India aims for self-sufficiency through autarky and atmanirbhar initiatives, focusing on nurturing the 13 markers of 'Viksit Bharat' for a fully digitised economy and sustained growth in various sectors.
DXC Technology tumbles 18% as investors fret over latest restructuring plan
Shares of DXC Technology slumped 18% on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025 revenue and profit below estimates.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
DoT reassures telcos over data shift to Amazon Web Services
The Department of Telecommunications (DoT) faced backlash from mobile phone companies over plans to migrate its digital intelligence platform (DIP) to Amazon Web Services (AWS) from servers run by BSNL and C-DoT. The move was criticized for compromising consumer privacy. However, DoT clarified that critical subscriber database records won't be stored on AWS, easing concerns. The DIP is crucial for fighting cybercrimes and fraud, facilitating real-time intelligence sharing among stakeholders. The shift aims to address data surge challenges, with AWS being an approved vendor of MeitY, hosting CoWIN data.
South India, led by Bengaluru and Chennai, spearhead India's tech talent surge
Among functional skills, development (35%) held the highest share of tech hiring demand: Quess Corp Annual Digital Skills Report FY24.
Slone Infosystems shares list at 50% premium on NSE SME platform
Slone Infosystems Share Price: The IPO, comprising a fresh equity issue of 14 lakh shares, garnered an astonishing overall subscription of over 600 times at closing. This overwhelming response was fueled by robust interest from non-retail investors.
Proximus sets ambitious targets after acquisition of Route Mobile in India's largest inbound FDI deal
Rajdip Gupta, managing director and chief executive of RML, who will now lead the Proximus group’s global CPaaS business said, he finds immense cross-selling and business development opportunities for RML’s products in regions like Australia, LATAM and Europe.
Midcaps up M&A game with winds of tech spends revival
Indian IT sector witnesses a surge in acquisitions by firms of all sizes, driven by the need to pivot to new technologies and business models. Smaller players innovate and acquire to become key innovation partners in digital areas.
Proximus thinks the route is clear for a 15% margin boost
Proximus targets revenue growth by acquiring Route Mobile, expanding globally with generative AI. Telesign's fraud solution introduced in India. RML acquisition to enhance CPaaS dominance. WhatsApp, RCS access highlighted.
As AI boom triggers data centre growth, Schneider Electric steps up to seize the opportunity
Use of artificial intelligence has created the need for enhanced data processing capabilities, and this is leading to a surge in demand for cooling solutions, says Pankaj Sharma, EVP, Secure Power Division & Data Center Business, Schneider Electric.
STG acquires cloud-based solution provider Eka Software
STG acquires Eka Software Solutions, merging with Quor Group to offer a wide software suite. Eka focuses on CTRM for soft markets, Quor on metals. Garg advises amid market volatility, global asset solutions, supply chain disruption, and customer hedging needs.
Mavenir and Red Hat collaborate to provide cloud-native open RAN solution for Vodafone Idea
Mavenir is deploying an open RAN network for Vodafone Idea utilizing millimeter wave spectrum. The pilot deployment is in the advanced commercial phase. Mavenir and Red Hat are providing a complete, end-to-end cloud-native open RAN system for Vodafone Idea's pilot deployment.
HCLSoftware set to debut cutting-edge AI and Sovereign Cloud GovTech Solutions at GBC 4.0 showcase
HCLSoftware will showcase AI and sovereign cloud-driven technology solutions at Uttar Pradesh Groundbreaking Ceremony 4.0, focusing on citizen-centric services, advanced AI, cybersecurity, and automation. Their aim is to foster AI innovation, empower citizens, and drive an AI-enabled economy with expertise in digital transformation, data analytics, and cutting-edge solutions.
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