GoFrugal eyes Rs 500 crore revenue mark in five year
The products included RetailEasy for retail businesses, ServeEasy for restaurant businesses and ManageEasy for distribution businesses. Kumar Rajagopalan, CEO of Retailers Association of India launched the company’s experiential digital store using AI and ML for the traditional retail industry.
Vishal Sikka joins Oracle's board of directors
"Vishal is one the world's leading experts in Artificial Intelligence and Machine Learning," s...
Oppo gives sneak peek into future of 'intelligent connectivity', plans USD 7 bn R&D push
The company has also announced its plans to invest a...
GPX Global Systems opens data centre in Mumbai
The new data centre, GPX Mumbai2, will expand this ecosystem by utilising new technologies to enhance the proven design and electrical-mechanical architectures of Mumbai1.
Digital India, Smart City initiatives drive business for Nutanix
Globally, the company has moved towards a subscription-based model, and in the recently reported quarterly results said it had deferred revenue of close to $1 million.
Singhs had nothing to do with Fortis when IHH invested in it: Rakesh Jhunjhunwala
Ace stock market investor says IHH Healthcare's open offer for Fortis is fair and should be allowed.
US-based start-up expands in India, Southeast Asia and China
The US-based building intelligence solutions provider is opening office in Delhi soon, its fourth office in India. Currently, the firm has an engineering, product development and sales hub in Bengaluru, as well as sales and support services offices in Chennai and Mumbai.
These cyber courts are giving a tech twist to law with AI judges, verdicts on WeChat
The efforts include a "mobile court" offered on popular social media platform WeChat.
US body, COAI, others, question Trai's attempt to regulate cloud service providers
In its response to the Trai consultation paper on cloud services, the US India Business Council (USIBC) said there’s more than sufficient regulation of cloud services in the industry and Indian CSPs should not be subject to new regulation. COAI, an industry body that represents private telcos, too questioned Trai’s authority to regulate CSPs.
NSE may look to move more operations to the cloud
In line with SEBI requirements, the exchange conducts a two-day live operation from its disaster recovery site once every six months.
Telecom tariff hike positive for Airtel; Voda Idea under a cloud
The hikes have been the first in the industry since 2016, and steeper than Street estimates.
Greg Hyttenrauch named Cognizant EVP, President of Digital Systems & Technology
Prior to Vodafone, Hyttenrauch spent seven years at Capgemini, holding leadership roles that included Deputy CEO, Global Infrastructure Services, and Global Sales Officer and CEO of the UK and Nordics Outsourcing Business Unit.
Alphabet answers a CEO question but raises new ones
Pichai will assume the CEO role at parent firm Alphabet in a shakeup at the top of the Silicon Valley titan.
Intel plans to add over 1000 people at new Hyderabad unit
Intel’s Hyderabad facility, which employs 400 people with emerging technology skills is set to hire more than 1000 employees to foster entrepreneurship and a research mindset. Employees at the new facility will focus on critical global products and technologies across next generation SoCs, graphics, hardware platforms and software.
Druva crosses $100 million in annual recurring revenue
The growth has been driven largely by increasing cloud adoption and a shift to SaaS (software as a service) delivery for data protection. Earlier this year, the company had announced that it had raised $130 million in late-stage funding at a valuation of more than $1 billion.
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