SOFTWARE ARCHITECTURE
Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?
The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting of Herbert Diess. Shifting from combustion engine to electric cars requires expertise in areas where historically Volkswagen has little experience, from charging to batteries to software.
Salesforce challenger Creatio raises $200 million, becomes 'unicorn'
The funding, led by Sapphire Ventures, came after Creatio's revenue increased at 50% annually for a few years.
Volkswagen's $5 billion investment in Rivian boosts EV maker's shares
Rivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant step towards technological advancement and financial sustainability in the competitive electric vehicle market.
Explainer: What's new in Copilot+ PC?
A new breed of PCs made for the AI era is set for launch on June 18.
Microsoft to unveil AI devices and features ahead of developer conference
The Windows maker is expected to reveal a new version of its Surface Pro tablet and Surface Laptop that feature Qualcomm chips based on Arm Holdings' architecture.
How a two-page CV helped this techie land a job at Google straight after her Masters!
In a LinkedIn post, software engineer Sonakshi Pandey shared her journey of landing her dream job immediately after completing her Master's. She recounted how inspired by a YouTube video, she transitioned from software development to solution architecture at Amazon Web Services. This role entailed increased involvement in public speaking and client presentations. After accumulating five years of experience, she decided to apply to Google and Microsoft in 2021.
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Finelistings Technologies stock debuts with 4% premium on BSE SME platform
Finelistings Technologies IPO on BSE SME platform saw a 4% premium debut. The company offers software services, cloud-based solutions, and digital transformation expertise. With a focus on used car dealership trends, its financial performance remains strong.
ETtech Explainer: All you need to know about Google's Axion data centre processors
Google Cloud introduces Axion, a custom Arm-based CPU, to enhance data centre AI capabilities, competing with AWS and Microsoft. Axion targets various processes and aims to attract a range of high-profile customers.
SAP expects 10-15% efficiency boost in via GenAI use cases
SAP plans to expand Gen AI applications to boost revenue. India's R&D center vital for AI growth. Private LLMs offer tailored solutions. Flexible LLM architecture adopted for varied tasks. Task suitability crucial for optimal performance.
Tata Tech, BMW form JV to develop auto software
BMW Group and Tata Technologies form a JV to create an automotive software and IT hub in Pune, Bengaluru, and Chennai. The focus will be on software-defined vehicles, automated driving, infotainment, and digital services.
TCS signs multi-million cloud transformation deal with Denmark’s Nuuday
TCS, the IT services arm of the Tata group, will host and manage all IT domain services of Nuuday during the transformation. This cloud transformation will enable faster and easier adoption of next-gen technologies.
Tata Passenger Electric Mobility plans to launch 5 EVs in next 18 months
Tata Passenger Electric Mobility (TPEM) is all set to revolutionize the electric vehicle market with its advanced electric vehicle architecture, 'acti.ev'. With plans to introduce more than five new products in the next 18 months, TPEM's first offering will be the electric version of its popular compact SUV, Punch, called 'Punch.ev'. This new platform will be the foundation for future vehicles, offering a range of body styles and sizes.
Software AG eyes sale of further platforms after IBM deal
Software AG, which is majority-owned by private equity firm Silver Lake, is looking for interested parties for its Trend Miner and Cumulocity platforms, according to Handelsblatt.
Reliance Jio and TM Forum launch Mumbai Innovation Hub for AI and Digital Architecture Development
TM Forum, with Reliance Jio, inaugurates the TM Forum Innovation Hub in Mumbai, prioritizing Generative AI, Large Language Models, and Open Digital Architecture development. Located at Reliance Corporate IT Park, it houses diverse telecom and tech talent. Akash Ambani highlights industry-transforming solutions. The focus includes AI application for telecom use cases, Open Digital Architecture, fostering rapid collaboration among industry professionals. The program aims to conclude its pilot phase by March 2024.
ETtech Opinion | Catalysing the Indian innovation ecosystem- the RISC-V way
India is at the forefront of enabling a new era of processor innovation with our own indigenous Digital India RISC-V (DIR-V) Program. RISC-V is a free and open Instruction Set Architecture (ISA) which could be used by startups and entrepreneurs across the world to build their own products and devices.
LTTS, Nvidia to develop AI-based architecture for medical devices
The solution aims to solve industry-wide challenges of availability, cost, and dependencies linked to custom and proprietary hardware components with the help of a scalable platform that supports multiple applications, providing a real-time decision-making tool for the medical fraternity.
LTTS, NVIDIA to develop Gen AI-based architecture for medical devices
The solution aims to solve industry-wide challenges of availability, cost, and dependencies linked to custom and proprietary hardware components with the help of a scalable platform that supports multiple applications, providing a real-time decision-making tool for the medical fraternity.
Airtel and Ericsson successfully test RedCap software on Airtel’s 5G network
Bharti Airtel and Ericsson have successfully tested Ericsson's RedCap software, which is expected to improve battery life and deliver higher data speeds. The test was conducted using Qualcomm's 5G RedCap test module and represents the first implementation and validation of RedCap in India.
Newgen Software shares jump 12% on robust Q2 earnings
The company reported a consolidated net profit of Rs 478 crore for the quarter ended September 30 which was up by 59.3% year-on-year versus Rs 300 crore reported by it in the corresponding quarter of the last financial year.
Stellantis to double software engineers count in India, hire 1,100 in 12-18 months
Stellantis, the global automotive company, plans to hire 1,100 software engineers in India over the next 12 to 18 months. The company has chosen India as the global competence center for developing new-age cockpit software. Stellantis' joint venture with Foxconn, MobileDrive, has also established an office in Bengaluru and aims to hire 100 software engineers by the end of 2023. India was chosen due to its talent pool, potential market, and the speed and agility of its teams. Stellantis currently sells its Jeep and Citroen brands in India.
Powering the Future: The Silent Revolution Behind Electric Vehicles
The evolution of electrical and electronic architectures in electric vehicles (EVs) is at the heart of the transformation from internal combustion engines (ICEs) to EVs. The EV market is growing rapidly, with predictions of sales increasing up to six times by 2030. The intricate network of electronic control units, power electronics, and electrical and electronic architectures is the game changer in EV technology.
Indian learners are giving more importance to AI and machine learning courses: Coursera
Indian learners on the online learning platform Coursera are showing a strong interest in developing skills related to artificial intelligence (AI) and machine learning. They are over-indexing in courses on artificial neural networks, applied machine learning, and machine learning algorithms. Other popular areas of interest among Indian learners include data visualization software, blockchain, supply chain systems, and software architecture.
IOC begins digitalisation drive to optimise operations, management
The objective is to improve yields and cut down on any interruptions, said Grover, adding that each day of refining interruption would mean a potential loss of Rs 200-300 crore in sales. The new digital architecture at the firm helps “predict what can go wrong and help us act to prevent that”, Manish Grover, executive director (strategic information systems), Indian Oil Corporation, said.
Pinnacle Infotech to expand workforce four-fold to 12,000 in six years
The Durgapur-based building information modelling (BIM) solutions firm currently has 3,000 employees.
Supply chain software startup Pando raises $30 million funding led by Iron Pillar
The fresh capital raised takes the total funding at the company to $45 million. The funds will be used to drive growth across geographies and industries, the company said.
India strategic market for us, will continue to invest in region: Salesforce's Hyperforce product director
According to IDC, the Salesforce economy in India will create 1.3 million jobs and USD 66.4 billion in new business revenues by 2026.
Is the 'MNC job' still a draw for matrimonial prospects?
Civil services employees are India’s most eligible men, says Shaadi.com report.
Software company Autodesk lays off 250 employees
The company said these layoffs are part of the plans for its 2024 fiscal year, where the company is "focused on ensuring that our resources remain well-aligned to support our key priorities for the coming year."
5G infrastructure will become software-defined, ecosystem to be enterprise-driven: Dell
Roese said in 2021 and 2022 the industry would see the shift to building edge computing platforms that can run multiple edge experiences and software-defined services on them to solve the edge proliferation problem.
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